Special Correspondent

CHENNAI: NABARD has set up a ‘Farmers Technology Transfer Fund’ (FTTF), with a corpus of Rs.25 crore from out of its operating profit for the year 2007-08 to help farmers in accessing appropriate technologies for improved and increased productivity.

Informing this at a function here on Monday, K.V.Raghavulu, Chief General Manager, National Bank for Agriculture and Rural Development, said the fund would also be utilised for transfer of technologies by State Agriculture Departments, Krishi Vigyan Kendras, and State Agriculture Universities.

Mr.Raghavalu said as on September 30, 2008, 31,800 clubs had been promoted by banks and NGOs in the country covering 534 districts and 48,762 villages. In Tamil Nadu and Puducherry, there were about 2,125 clubs covering 4,500 villages each serving about 200 to 5,000 villagers.

On the occasion K.Nanda Kishore, State Agriculture Secretary, gave away awards to the winning farmers’ clubs. The winning clubs were selected on the basis of socio economic development activities undertaken by them in various villages, efforts made in identification of good borrowers, recovery of loans borrowed from banks, etc. M.S.Swaminathan Farmers’ Club sponsored by Bank of Baroda, Krishnagiri, bagged the first prize, followed by Kondegoundayanpalayam Farmers’ Club sponsored by Union Bank of India, Coimbatore. Other winners include Vanavil Farmers’ Club of Salem, Snegithi Club sponsored by Kamaraj Krishi Vigyan Kendra, Puducherry, Vivekanandar Farmers’ Club, Villupuram sponsored by Pallva Grama Bank and Vallampadugai Farmers’ Club sponsored by Annamalai University.