American farmers expect to plant 88.8 million acres of corn — the second-largest acreage since 1946 — and a record 78.1 million acres of soybeans in response to high prices for the crops, the government said on Wednesday. While the survey results point to the prospect of bumper crops, the acreage figures were slightly below [...]
Tenant Farmers’ Credit Limit Enhanced To Rs.1 lakh
March 30, 2010 By
The District Consultative Committee of Bankers has decided to increase the credit limit to individual tenant farmers who come together in Joint Liability Groups from the existing Rs.50,000 to Rs.1 lakh. The decision comes after near 100 per cent recovery of credit from about 1,200 JLGs who had availed themselves of crop loans during Kharif-2009. [...]
Accord Priority To Loans For Irrigation Systems, Bankers Told
March 27, 2010 By
A Rs. 1,432-crore Annual Credit Plan was released for Krishnagiri district for 2010-11 was released by V.K. Shanmugam recently. The first copy was received by M. Vijayakumar, Manager, Reserve Bank of India. The plan envisages Rs. 1,299-crore bank loan projection under the priority sector, which is 19.76 per cent higher increase than the over the [...]
Focus On Farm Sector, Welfare Plans
March 27, 2010 By
The Kozhikode district panchayat vice president Aavala Narayanan on Friday presented the budget proposals for 2010-2011 with an income of Rs.51.57 crore and expenditure of Rs.45.92 crore. The budget focused on completing the ongoing development schemes, particularly in the agriculture sector, and welfare measures in the district. A sum of Rs.11 crore has been set [...]