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Arunachal min gives 28cr agri loans to boost rural livelihood
Arunachal min gives 28cr agri loans to boost rural livelihood

Time of India

time6 days ago

  • Business
  • Time of India

Arunachal min gives 28cr agri loans to boost rural livelihood

1 2 Itanagar: Arunachal Pradesh agriculture minister Gabriel D Wangsu on Wednesday distributed agricultural loans worth Rs 28.17 crore to 282 beneficiaries across the state during a Monsoon Credit Outreach Programme organised by the State Bank of India (SBI) at Doimukh near here. The programme, aimed at deepening financial inclusion and promoting sustainable agricultural livelihoods, also witnessed the distribution of 50 loan sanction letters to farmers, self-help groups (SHGs), and young entrepreneurs from various districts, an official statement said. Terming the initiative a major push for women empowerment, rural entrepreneurship, and agricultural growth, Wangsu urged beneficiaries to utilise the funds judiciously and leverage central and state-sponsored schemes effectively. "It is heartening to see farmers, SHGs, and budding entrepreneurs confidently advancing towards self-reliance through schemes like the Kisan Credit Card (KCC), Prime Minister Formalisation of Micro Food Processing Enterprises (PMFME), and Farmer Producer Organisations (FPO)," he said. Following the loan distribution, the minister chaired a high-level review meeting with SBI Chief General Manager Prabhas Bose, Deputy General Manager Amit Kumar, Regional Manager Rakesh Kumar, and senior officials from the departments of agriculture, fisheries, animal husbandry, veterinary & dairy, and rural development. The deliberations focused on strengthening the institutional credit ecosystem and enhancing coordination to accelerate sectoral growth under the state's flagship Atma Nirbhar initiatives. "There is an urgent need to bridge the gaps between policy, practice, and financing," Wangsu said, highlighting the potential of the agriculture and allied sectors as engines of rural prosperity.

Arunachal seeks ICAR support to boost agriculture & horticulture
Arunachal seeks ICAR support to boost agriculture & horticulture

Time of India

time07-07-2025

  • Politics
  • Time of India

Arunachal seeks ICAR support to boost agriculture & horticulture

1 2 Itanagar: Arunachal Pradesh agriculture minister Gabriel D Wangsu on Monday sought robust institutional support from the Indian Council of Agricultural Research (ICAR) to boost the state's agriculture, horticulture and allied sectors while addressing the 96th annual general meeting of the ICAR Society in New Delhi on Monday. Wangsu presented a detailed 10-point proposal, highlighting the state's unique agro-climatic potential and its significant contribution to India's kiwi production, an official statement said. The meeting was chaired by Union agriculture minister Shivraj Singh Chouhan, who also serves as president of the ICAR Society. Union ministers Bhagirath Choudhary and Rajiv Ranjan Singh also attended the event. Wangsu proposed the establishment of a Central Kiwi Research Institute in Arunachal Pradesh, citing the state's contribution of over 60% to India's total kiwi production. He also sought the creation of a Multidisciplinary Organic Agriculture University focused on region-specific research and organic certification. Other key demands included upgradation of the ICAR Research Station at Basar in Leparada district into a full-fledged directorate for mid-hill zone studies, sanctioning of 10 new Krishi Vigyan Kendras (KVKs) for newly created districts, and release of funds for 8 already-approved KVKs.

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