NABARD-promoted Farmers' Club for village

TIRUCHI, AUG. 21 . A new farmers' club promoted by the National Bank for Agriculture and Rural Development was inaugurated at Arasangudi village covered by the Natarajapuram Primary Agricultural Cooperative Bank recently. This was the 31st farmers' club promoted by the NABARD in the district to protect the interest of farmers and act as a bridge between the farmers and the financial institutions.

Speaking at a function organised at Arasangudi recently, the Deputy Registrar of Cooperative Scieties, S. Ravichandran, urged the members of the new club to provide the needed motivation to the local farmers on adopting modern farm technologies. The farmers club should also initiate steps for the overall development of the rural areas.

He said a total of 26 women self-help groups were attached to the Natarajapuram PACB, of which only 16 had taken financial assistance for undertaking economic activities. The rest 10 SHGs should also come forward to get the loans and launch economic activities.

The Additional General Manager of the NABARD, P. Selvaraj, said his bank had extended financial assistance to the tune of Rs. one crore to eight government schools situated in the rural areas in the district for their renovation. The farmers' clubs could conduct soil testing camps, veterinary camps etc. and the NABARD would bear the entire expenses involved in such activities. The farmers clubs should also be a motivating force for the SHGs in their areas, he added.

The General Manager of the Tiruchi District Central Cooperative Bank (TDCCB), Veeravinothan underlined the importance of the farmers' clubs in the implementation of the government welfare schemes for the farmers. The TDCCB has planned to disburse a sum to the tune of Rs. 115 crores as loans to the farmers of Karur and Perambalur districts during the current year. Following the release of water in the Cauvery, the PACBs have been directed to have adequate stock of fertilizers.

The president of the Arasangudi village panchayat, A. Muthulakshmi, its vice-president, A. N. Karthikeyan, the special officer of the Tiruchi District Cooperative Union, R. Balakrishnan, the general manager of the IFFCO, M. Krishnan and others spoke.