Delta farmers to get ₹2,329 crore as crop loans

Minister for Cooperation Sellur K. Raju, centre, addressing a review meeting in Tiruchi on Friday.

Minister for Cooperation Sellur K. Raju, centre, addressing a review meeting in Tiruchi on Friday.   | Photo Credit: M. Moorthy

Minister urges officials to sanction them liberally and swiftly to meet farmers’ requirements

Seeking to galvanise cooperative institutions into aiding farmers of the Cauvery delta region in taking up samba cultivation following the release of water from Mettur dam, Minister for Cooperation Sellur K.Raju has urged officials to sanction crop loans liberally and swiftly to meet farmers’ requirements.

“As water has been released in the Cauvery for irrigation, cultivation in the delta districts is expected to gather momentum soon. Farmers should be able to get timely credit, fertilizers and other inputs without any hassle,” he said.

Chairing a meeting to review disbursement of crop loans and supply of farm inputs to farmers in the eight districts of Tiruchi, Thanjavur, Tiruvarur, Nagapattinam, Cuddalore, Karur, Ariyalur and Pudukottai here on Friday, Mr. Raju said farmers in the delta districts would be advanced ₹2,329.15 crore as crop loans in the current financial year. Of this, ₹267.90 crore had been advanced to over 39,500 farmers in this fiscal so far, he added.

Later, speaking to reporters, Mr. Raju said the Chief Minister had set a crop loan target of ₹10,000 crore this year and affirmed that the target would be exceeded this year too. “ Last year, the target was ₹8,000 crore and we disbursed ₹8,127 crore. This year too we will advance more than the target to meet farmers’ requirements,” he said.

Answering a query, he, however, said there was no possibility of waiving crop loans as of now and felt that there was no necessity to do so as farmers were repaying their loans promptly. “Crop loans extended to farmers is interest-free if they repay it promptly. A majority of farmers, about 90% of them, repay the loans promptly,” he said.

Mr. Raju also disclosed that about 33,640 tonnes of urea, DAP and complex fertilizers were available in the delta districts. If more quantity was required, it should be procured immediately and sent to the primary agricultural cooperative societies promptly, he told the officials. About 154 tonnes of paddy seeds were available and, if necessary, steps would be taken to procure more.

He also instructed officials to ensure that farmers were able to get farm machines through the service centres functioning in the PACS. Over the past eight years, 3,879 godowns had been built to create additional storage space.

Ministers Vellamandi N. Natarajan and S. Valarmathi, senior cooperative department officials from Chennai and the eight districts participated.

Later, Mr.Raju declared open a ration shop at the PACS at Ettarai near Tiruchi

Why you should pay for quality journalism - Click to know more

Recommended for you
This article is closed for comments.
Please Email the Editor

Printable version | Feb 17, 2020 2:45:17 AM | https://www.thehindu.com/news/cities/Tiruchirapalli/delta-farmers-to-get-2329-crore-as-crop-loans/article29111822.ece

Next Story