The central authorities, in addition to state governments, are actually giving particular emphasis to offering tractors to farmers to be able to ease their work and enhance productiveness.








Tractors to get sanctioned to farmers





Agriculture Minister of Andhra Pradesh, Kakani Govardhan Reddy acknowledged that the federal government plans to ascertain 81 main agriculture cooperative organizations within the space, maintain a mega mela in May, and supply 3,500 tractors to farmers. 












On Monday, he formally launched the Core Banking System of the  District Cooperative Central Bank, saying that cooperative banks had been established for the advantage of farmers and that Chief Minister Jagan Mohan Reddy has been supportive of the cooperative sector.

These banks had been dropping cash between 2014 and 2019, based on the Minister, however their share capital has elevated from Rs 79 crore to Rs 148 crore, and their deposits have climbed from Rs 260 crore to Rs 396 crore.












He claims that computerization in banks aids cooperative banks in bettering their transactions and accuracy. Ok Satyanarayana Reddy, the financial institution’s chairman, gave an replace on the financial institution’s operations. He mentioned that computerization will assist cooperative banks improve transactions and compete with industrial and government-owned banks.

DCCB Chairman Ok. Satyanarayana Reddy gave a fast overview of the financial institution’s operations. MLC Vakati Narayana Reddy, Nabard DGM Ravi Singh, DCO Tirupal Reddy, Cooperative Bank CEO Sankar Babu, and others had been amongst these in attendance.














Farm mechanization is a crucial facet of agriculture that’s now being taken up by the federal government as necessary as it’s for farmers. The central authorities, in addition to state governments, are actually giving particular emphasis to offering tractors to farmers to be able to ease their work and enhance productiveness.











First printed on: 26 Apr 2022, 02:06 IST




Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here