Expedite crop loans, CM tells bankers

Published: 26th July 2013 10:18 AM  |   Last Updated: 26th July 2013 10:18 AM   |  A+A-

Chief minister N Kiran Kumar Reddy asked bankers on Thursday to expedite issue of crop loans to farmers in view of the agricultural operations picking up.

This year, as against the target of Rs 67,224-crore, crop loans worth just Rs13,951 crore have been disbursed so far.  Sanction of loans for kharif is under progress and all the bankers have been requested to release crop loans as per scales of finance.

The chief minister reviewed the Kharif 2013 preparedness with  agriculture minister Kanna Lakshminarayana and officials at a meeting on agriculture and seasonal conditions at the Secretariat here on Thursday. For 2013-14, more than Rs 500 crore will be paid under Vaddi Leni Runalu on crop loans up to Rs 1 lakh and Rs 60 crore under the Pavala Vaddi scheme. The chief minister agreed to allow 256 assistant directors of agriculture to hire private vehicles.

Officials told the chief minister that as against the normal area of 81.12 lakh hectares sown in the kharif season, it is estimated that an area of 86.95 lakh hectares will be covered during kharif season. Food grain production is also estimated to be 119.34 lakh tonnes.

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp