A team of officials from the National Bank for Agriculture and Rural Development (NABARD) from Kerala studied the implementation of the joint liability group (JLG) concept among the farming community in the district recently.

The team comprising Assistant General Managers from 12 districts of Kerala visited a number of primary agricultural co-operative credit societies in different parts of Erode and interacted with members of the JLGs.

The JLG concept was introduced in Tamil Nadu with the objective of helping farmers who had small land holdings but did not have title deeds or other documents to pledge, those who were tenants and those who could not get credit from other sources.

Besides extending credit, members of the JLG were also being provided assistance for taking up modern cultivation methods to enhance the agricultural productivity in their fields.

The Co-operative department had established over 1,600 joint liability groups in the district so far.

A sum of Rs. 14.24 crore had been disbursed as crop loans to these groups and Rs. 5.47 crore as mid-term loans.

Besides, a sum of Rs. 1.43 crore had been disbursed as revolving fund to the groups, Erode District Central Co-operative Bank special officer P. Loganathan told the team members at a meeting.

Later, members of the team interacted with JLG members who received a mid-term loan for processing turmeric at Vazhaithottam.

They also inspected the common service centres established through the Modakurichi primary agricultural co-operative credit society.

Senior officials from the department accompanied the team members.

Co-operative department has established over 1,600 joint liability groups