Business Daily from THE HINDU group of publications
Saturday, Jan 24, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, Jan 24, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Agri-Biz & Commodities
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Agricultural Institutions States - Other States Nabard finalises Rs 203.81-cr credit plan for Sikkim Sarikah Atreya Gangtok, Jan. 23 The annual credit plan for agriculture and rural development in Sikkim for 2009-2010 has been finalised at Rs 203.81 crore. Of this, Rs 150 crore has been set aside for the East district, while the North district has been allotted just Rs 6.40 crore. The projection for West Sikkim is Rs 11.65 crore and for South Sikkim Rs 35.66 crore. The State Focus Paper in this regard, prepared by the Sikkim regional office of the National Bank for Agriculture and Rural Development (Nabard), was discussed at the State Credit Seminar 2009-10 in Gangtok on Wednesday. Speaking as the chief guest, the State Rural Development Minister, Mr K.N. Rai, said the State Government had decided to open bank accounts for all people living below the poverty line. Highlighting the need to promote value-addition to two prominent cash crops of Sikkim, ginger and large cardamom, Mr Rai urged Nabard to help the State in creating facilities for production of the by-products of these crops. Keeping in view the scarcity of arable land in the State, he emphasised the need to go in for such crops which provide high yields in small land holdings. The minister said there was need for close co-ordination between Nabard and State departments such as rural development, co-operation and animal husbandry to boost the overall rural prosperity of the State. He lauded Nabard for its efforts to improve the living standards of rural people in Sikkim. The Additional Chief Secretary, Mr T.T. Dorjee, who is also the State Finance Secretary, said that area specific schemes were needed to avoid overlapping of schemes proposed by various departments. More Stories on : Agricultural Institutions | Other States
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