Rs. 20,040-crore crop loan given to 45 lakh farmers
Cooperative Week celebrations held
Students presenting cultural programmes at the Cooperative Week celebration in Palayamkottai on Monday.— Photo: A. SHAIKMOHIDEEN
The cooperative banks across the State had given crop loan to the tune of Rs. 20,040 crore to 45 lakh farmers with the objective of saving agriculturists from falling prey to moneylenders, Minister for Cooperation Sellur K. Raju said.
Participating in the Cooperative Week celebrations held at Palayamkottai on Monday night, Mr. Raju said the State Government was according highest priority to protect the welfare of farmers and was keen on saving them from falling into debt trap by getting loans from moneylenders.
Hence, cooperative societies across the State were being encouraged to give loans liberally to farmers so that they would not be left at the mercy of the moneylenders.
While over 45 lakh farmers had been given crop loan to the tune of Rs. 20,040 crore through cooperative banks, 28,710 differently-abled persons had been given assistance to the tune of Rs. 98.95 crore for starting their business ventures, he said.
Collector M. Karunakaran, MPs S. Muthukaruppan, K.R.P. Prabhakaran, Vijila Sathyananth, Mayor E. Bhuvaneshwari, MLA S. Muthuselvi, Deputy Mayor P. Ganesan alias Jeganathan, vice-chairman of cooperative societies Thatchai N. Ganesh Raja and others participated in the Cooperative Week celebrations.
State Government according highest priority to protect the welfare of farmers: Minister for Cooperation