Rs 20 cr loans disbursed among 13,000 farmers

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Farmer
Rajahmundry (AP), Aug 28: Loans worth Rs 20 crore have been provided to over 13,000 farmers through various banks in the East Godavari district, its Collector Neetu Prasad said.

During a meeting with the agriculture officials and bankers regarding loans to loan eligibility card tenant farmers in the district held yesterday, Prasad said so far 13,305 tenant farmers have been provided Rs 19.03 crore worth loans through various banks.

In all, 65,842 tenant farmers have been provided loan eligibility cards out of which 13,305 farmers received loans. She urged the bankers to provide loans to all loan eligibility card holders in the district.

The agriculture department has already forwarded 10,000 loan applications to various banks, she said, adding that the loans will be provided by this week.

The bankers urged the collector to set up loan recovery teams and urged for stringent action against the defaulters.

PTI

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