TSCAB chairman informs PACS to give fresh loans to farmers

K M Dayashankar


KARIMNAGAR: Konduru Ravinder Rao, chairman of NAFSCOB, TSCAB and Karimnagar DCCB, has urged upon the PACS chairpersons and directors to take necessary measures for providing fresh loans to the farmers, whose crop loans have been waived by the government.

At a review meeting with the Primary agriculture cooperative societies (PACS) chairpersons, vice-chairpersons and directors in Karimnagar town on Thursday, Mr Ravinder Rao said that the state government had released the crop waiver amount of Rs 50,000 to the farmers. The government announcement had benefitted about 18,964 farmers worth Rs 54.51 crore with the waiver of crop loans in the integrated Karimnagar district of DCCB, he stated.

Recollecting the role of the PACS after the outbreak of deadly virus and procurement of farmers’ produce of paddy after facing several hurdles, he said that the PACS had won over the confidence of the farmers by procuring their produce. He also claimed that the Telangana state government alone had procured the farmers produce by providing minimum support price in the country.

Highlighting the achievements of the state government for the upliftment of the farmers such as rythu bandhu and rythu bheema etc, he said that the Karimnagar DCCB was working on par with any commercial bank and providing 28 per cent crop loans to the farmers when other banks were reluctant to give loans to farm sector.

Dalit bandhu

He also said that the district administration had entrusted Karimnagar DCCB for the implementation of Dalit bandhu scheme in Veenavanka mandal of Huzurabad assembly segment. The bank had identified 2984 beneficiaries and deposited Rs 294 crore by opening special accounts.

Stating that Chief Minister K Chandrashekhar Rao was talking about regulated farming in the state since last two years, he called upon the farmers to go in for regulated farming to reap riches instead of confining to cultivation of paddy. He also interacted with the PACS chairpersons and inquired about the diversification of the business activities. DCCB vice chairman Pingali Ramesh and others were also present.

Be courteous with customers

Earlier, participating in a meeting with bank staff at the main branch in Karimnagar town, the Karimnagar DCCB chairman informed the staff to be cordial and courteous with the customers. Stating that the customers were the God, he said that bank was functioning only with the contributions made by the customers.  He informed them to strive for the growth of the bank and its business by providing better services to the customers. CEO N Satyanarayana Rao, General manager Mohd Riazuddin, DGM Rohini and others were also present.

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