Over 6.11 lakh farmers avail Rs 1,643 cr interest-free loans

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With distribution of Rs 1,643.6 crore as short-term interest free loans among the farmers for the ongoing Kharif season, the State Government on Saturday claimed to have achieved 67 per cent of its target, so far.

A press release issued by the State Government informed that more than 6.11 lakhs farmers availed the loan benefit under this scheme, so far. The primary agriculture cooperative societies helped in distribution of the loans. The Government has set a target of distributing Rs 2450 crore as loan through these societies in this season.

It has also succeeded to cross last year’s mark of distributing the loans by Rs 385.52 Cr, during this time. Senior officials from the Chhattisgarh State Cooperative Bank (Apex Bank) said that as per the rules set by the State Government, the societies are giving 50 per cent of the loan amount in cash while rest 50 per cent is being given in form of fertiliser and seeds to the farmers. As per their records, a sum of Rs 393.47 crore has been distributed as loans from cooperative societies based in Raipur, Gariaband, Baloda Bazar-Bhatapara, Mahasamund and Dhamtari district. These societies are associated with Raipur district central cooperative bank.

Similarly, loans amounting Rs 356.43 Cr have been distributed from the cooperative societies situated in Bemetara, Durg and Balod. These societies are associated with Durg district central cooperative bank. The cooperative societies situated in Kabirdham and Rajnandgaon helped in distributing loans amounting Rs 291.79 Cr among the farmers. These societies are associated with Rajnandgaon district central cooperative bank.

Similarly, farmers of Mungeli, Bilaspur, Janjgir-Champa, Korba and Pandariya block received loans amounting Rs 371.90 Cr through the cooperative societies, which are associated with Bilaspur district central cooperative bank. Jagdalpur district central cooperative bank distributed loans amounting Rs 134 Cr among the farmers through the cooperative societies associated with it in Kondagaon, Jagdalpur, Narayanpur, Kanker, Dantewada, Sukma and Bijapur.

As per the records, the cooperative societies working in Surguja, Balrampur - Ramanujganj, Surajpur and Koriya distributed loans amounting Rs 64.95 Cr among the farmers. These societies are associated with Ambikapur district central cooperative bank. The officials also informed of distributing loans amounting Rs 31.12 Cr among the farmers through Jashpur and Raigarh based cooperative societies, which are associated with Raigarh district central cooperative bank.           

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