The State Government is committed to provide easy credit system to the farmers of the State so that they can increase their income, said Chief Minister, Hemant Soren during a seminar organised by National Bank for Agriculture and Rural Development (NABARD), Jharkhand as the Chief Guest here on Thursday.
The CM in his address spelt out the State Government plans and interventions towards development of Agriculture, Rural Connectivity and Social sector in Jharkhand. The CM called upon all banks to devise ways to enhance ground level credit flow in Jharkhand. In his concluding remarks, the CM thanked NABARD for its financial assistance and developmental interventions and assured the State Government’s commitment towards agriculture and rural development.
Soren suggested to the banks that they should spend most of their income from here in the development of this State. He said that banks contribute to the development of the State. In such a situation, banks should cooperate with the Government at every step so that the needy can get its benefits.
The CM said that the products produced by the farmers and women's groups of the State will be made available to the market. He said that these products are being made available in the market through the Palash brand on behalf of Jharcraft. He said that the government would also take steps to sell goods produced by the women's group in malls and shopping complexes. He said that food processing will also be encouraged in the State.
The objective of the seminar was presenting macro perspectives on the present and emerging potentials in priority sectors like Agriculture, Medium Small and Micro Enterprises, Export Credit, Education, Housing, Social Infrastructure, Renewable Energy and others.
Other dignitaries in the programme included Officer-in-charge, Reserve Bank of India, Sanjeev Dayal, General Manager, SLBC, Rajendra Man Pandey and others.
In his welcome address, Chief General Manager, NABARD Jharkhand, AK Padhi spelt out the role of NABARD in formulation and presenting macro-perspectives on agriculture and rural credit. He highlighted the significance of NABARD’s State Focus Paper (SFP) in providing an impetus to formulation of the Annual Credit Plan by SLBC for Banks in Jharkhand.
Padhi highlighted NABARD’s assessment of credit potential of Rs 28644 Crore for the financial year 2021-22 under priority sector for the state of Jharkhand. He informed the audience on sub-sectoral trends in credit flow, the road map for development of Agriculture and allied sectors, critical infrastructure required and others.
In his concluding remarks, CGM NABARD called upon the State Government and all Banks for concerted action to translate the credit projections in NABARD State Focus Paper (SFP) into reality.
Secretary, Planning cum Finance Department Himani Pande, deliberated upon the credit plan, as per the SFP prepared by NABARD and she appealed to the banks that they should improve the credit deposit ratio of the State.
Addressing the gathering Vice Chancellor, Birsa Agriculture University, O N Singh chaired the technical session and appealed to all stakeholders to work together for the welfare of farmers and agriculture community in Jharkhand.
On the occasion, NABARD presented the SFP and also felicitated the farmers in the State Level FPO Award Ceremony and Lead District Manager(LDM) along with District Development Manager (DDM) for their contribution in KCC Saturation drive.