Scroll Down
           

NABARD IN NEWS

HARYANA REQUESTS NABARD
Chandigarh | February 2018
Haryana Government on Monday requested NABARD to initiate process for making Primary Cooperative Societies in Haryana also functional as Multi Service Centres.
 
This came out in the State Credit Seminar - 2018-19 for Haryana, organised by NABARD Haryana Regional Office, here, the theme of which was — “Water Conservation — Per Drop - More Crop”.
 
Haryana Chief Secretary, DS Dhesi released the ‘State Focus Paper - 2018-19’, prepared by NABARD Regional Office Haryana, which is a consolidation of Potential Linked Credit Plans for agriculture and other priority sectors for all the 22 districts of the State. NABARD has projected potential credit plan worth of Rs 1,20,986 crore for Haryana for the year 2018-19.
 
The Chief Secretary also launched an Area Development Scheme for Commercial Dairy for Haryana. This has been drawn up in consultation with the Animal Husbandry Department of the State Government and banks.
Under the State Focus Paper 2018-19, the bankable credit potential under crop loan has been estimated at Rs 52,282 crore contributing to 43 per cent of the total Priority Sector credit estimates. The agricultural term loan credit potential, which supports capital formation, has been projected at Rs 24,386 crore which is 32 per cent of total agricultural credit potentials. The credit projections for Micro Small and Medium Enterprise Sector and other priority sectors are estimated at Rs 27,365 crore and Rs 16,953 crore, respectively.
 
The Chief Secretary appreciated the idea of conducting a seminar each year before the presentation of the budget of State Government.
 
Additional Chief Secretary, Cooperation Department, Navraj Sandhu emphasised the need to take timely measures to augment and conserve water resources. She opined that formation of Farmer Producer Organisations can be one of the potent solutions for doubling of farmers’ income.
Additional Chief Secretary, Finance Department, P. Raghavendra Rao said the State Government was developing 140 crop clusters and 340 Bagwani villages for diversification of horticulture. He also informed about the steps being taken by the State Government for bridging the critical infrastructure gaps.
Chief General Manager, Reserve Bank of India, Rachna Dixit said that RBI has been attaching a lot of priority to financial inclusion and provision of financial services at an affordable cost to large number of unserved and underserved population. She urged upon the bankers to avail the grant support given by NABARD and make financial inclusion a grand success.
Scroll Up