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Home Jammu Kashmir Kashmir

NABARD sensitizes Bankers regarding Centrally Sponsored Schemes

JK News Service by JK News Service
August 4, 2022
in Kashmir, Top Stories
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SHOPIAN, AUGUST 04:  In order to sensitize the bankers regarding various schemes of Govt of India implemented through NABARD, a one-day sensitization workshop was held at J&K Bank Hall Shopian.

The workshop was attended by Lead District Manager, Branch Managers of various banks of the district. Besides, Officers from line departments were also present.

The programme was aimed at disseminating the information about various centrally assisted bankable schemes in Agriculture and allied sectors such as KCC, FPOs, Agri Infrastructure Fund, Animal Husbandry Infrastructure Development Fund, Agri clinics and Agri Business Scheme among others.

 These schemes have a benefit of subsidy of 33% or interest subvention of 3%. There is also the provision of handholding support and portal-based application generation.

DDM NABARD, Rouf Zargar explained each scheme in detail through the power-point presentation. He gave the detailed process of applying and getting bank credit support for undertaking various economic activities in agriculture and allied sectors.

He urged the banks and departments to create awareness among the farmers, fruit growers and youth to enable them to set up such units in the district.

The banks were advised to follow the guidelines of the scheme and process the applications in a time-bound manner.

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