Minister Atchannaidu urges banks to extend loans
The Free Press Journal|October 18, 2024
Andhra Pradesh Agriculture Minister K Atchannaidu has called upon banks to adopt a humanitarian approach and extend loans to tenant farmers in the state.
Minister Atchannaidu urges banks to extend loans
Addressing the 228th State-Level Bankers' Committee (SLBC) meeting, the minister emphasized the crucial role of banks in supporting the agricultural sector.

The officials reviewed the progress made in the first quarter of 2024 and discussed various aspects, including banking key indicators, the Annual Credit Plan (ACP) for the first quarter of 2024-25, and the implementation of central and state government schemes.

Highlighting the significance of the agricultural sector, Atchannaidu noted that over 65% of the state's population depends on agriculture and allied activities and expressed concern over the fact that only 2 lakh out of 9 lakh tenant farmers with Crop Cultivator Rights Cards (CCRC) have received loans. The minister urged banks to expedite the loan disbursement process for tenant farmers.

This story is from the October 18, 2024 edition of The Free Press Journal.

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This story is from the October 18, 2024 edition of The Free Press Journal.

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