Beginning November, Uttarakhand farmers likely to get loans at fairs, camps

By Hindustan Times on 14 Oct 2017 | read

From November, farmers in Uttarakhand will get loans through fairs and camps held by the cooperative department in 32 places.

A day after agriculture minister Subodh Uniyal directed his officials to come up with action plan on means and ways for doubling the income of farmers, minister of state for cooperatives Dhan Singh Rawat directed his department to come up with an action plan for disbursal of loans to the farmers at fairs and camps. Now, the cooperative department is working on an action plan to disburse loans to the farmers at fairs from the next month.

During a review meeting of the Deendayal Cooperative Farmers Welfare Scheme at the state secretariat on Saturday, Rawat asked his officials to hammer out a mechanism and action plan for providing loans to the farmers at cooperative fairs which are held across the state from time to time.

The minister asked his officials to develop and evolve a system through which cooperative fairs could be used as important platforms for providing easy loans to farmers so that they don’t have to waste time and energy in getting loans.

“We want the department to frame an intensive work plan to organise cooperative fairs in around 32 locations across the state in the next half of the current fiscal. These fairs will also be used to provide loans from district cooperative banks to the farmers at 2% interest rates,” he said.

Rawat added around two lakh farmers were likely to benefit from this plan and four Union ministers would visit the fairs from time to time. Besides union ministers Smriti Irani, Radha Mohan Singh and Ajay Tamta, Chattisgarh chief minister Raman Singh would be among political heavyweights scheduled to attend the cooperative fairs .