Salem farmers received ₹244 crore as crop loan in the past five months
A few months ago, the Co-operative Department instructed the banks that come under its control to provide crop loans, especially to new members of the co-operative societies. A target of ₹1,038 crore was fixed to provide crop loans for farmers this year.
The officials attached to Department said there are 203 primary agricultural cooperative credit societies and five large-sized multipurpose cooperative societies in the district. Instructions have been given to conduct meetings once in two months regarding the development in the disbursal of crop loans to achieve the target. Likewise, the societies' staff were asked to ensure that all eligible farmers should get loans. Farmers shall approach the nearby society with copies of documents, including ration cards, Aadhaar, land documents, and passport-size photos for getting crop loans and other loans. In Salem district, in the last five months, 25,747 farmers had received ₹244 crore as crop loans. The new members of the societies alone received ₹3 crore as loans, the officials added.
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