NEWS & ADVICE : CREDIT CARDS
Andhra Pradesh to mark September as Kisan Credit Card month
By Ankit Sharma
Sep 1, 2011
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The state of Andhra Pradesh has decided to declare the month of September as Kisan Credit Card. The decision has been taken on the basis of the center's directive that all banks of Kerala complete loan disbursal process to farmers by end of this month.

"There are more than 60 lakh farmers in Kerala but so far only 25 lakh Kisan Credit Cards have been issued in the state.

This directive has been issued so that all farmers can take advantage of the scheme as soon as possible," said Nabard Chief General Manager KC Shashidhar.

"Different banks have been designated as lead banks in each district and it is the duty of these lead bank managers to co-ordinate activities in that district. Each lead bank manager will call a meeting with the collector and representatives of all banks in the district soon. Sub-committee level meetings of the SLBC will be held every Monday in the capital to monitor the progress in each district which will then be duly reported to the central government," said sources within the SLBC.

"The first step will be to identify the farmers and then gauge whether they have any credit facilities available to them".


 


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