Latest news with #KisanCreditCards
New Indian Express
5 days ago
- Business
- New Indian Express
Loan trouble: Co-op department asks farmers in Tamil Nadu to get NOC from bank
COIMBATORE: After drawing flak for mandating CIBIL checks for crop loans, the Tamil Nadu Cooperative Department has now directed farmers to obtain a No Objection Certificate (NOC) from a nationalised bank to access loans through Primary Agricultural Cooperative Societies (PACS). In a circular issued on July 17, the department instructed that farmers must now get a NOC from a manager of a nationalised bank in their locality or where they hold an account. The original order, issued on May 26, mandated that all crop loans disbursed through Kisan Credit Cards must undergo CIBIL verification. This move drew sharp criticism from farmer associations. Esan Murugasamy, founder of the Tamilaga Vivasayigal Pathukappu Sangam, alleged that the department was intentionally trying to push farmers away from PACS and into debt traps with commercial banks. 'Whether it's CIBIL score, CIBIL report, or a NOC, the burden on farmers remains the same,' he said. A senior official in the department, however, said the process was designed to be simple. 'PACS will provide a format letter. The farmer needs to get it signed and sealed by a nationalised bank manager,' the official said. Farmer organisations continue to demand that all additional checks be removed to ensure easy access to cooperative loans.
Time of India
16-07-2025
- Business
- Time of India
Over 6L farmers to receive 20th installment of PM Kisan Samman Nidhi soon
Prayagraj: Over 6.32 lakh marginal and small farmers of the district are likely to receive the 20th instalment of the Prime Minister Kisan Samman Nidhi soon. The 20th instalment will be deposited directly into the farmers' accounts. Deputy director (agriculture) Pawan Kumar Vishwakarma said, "A total of 9,43,251 farmers are registered in Prayagraj district, and 6,32,693 farmers have received the benefit of the Kisan Samman Nidhi Yojana in the district till now." He, however, added, "Till now, financial assistance of Rs 2151.6 crore was already given to them in the form of Kisan Samman Nidhi. Now preparations are underway to deposit the amount of the 20th instalment directly to their accounts." Officials claim that the number of marginal and small farmers is the highest in the country. As their income is limited, the PM Kisan Samman Nidhi has proved a boon for them. Prime Minister Kisan Samman Nidhi Yojana has also proved beneficial in solving farmers' financial problems to a major extent and changed their lives. Officials claimed that the 20th instalment of PM Kisan Samman Nidhi implemented for small and marginal farmers will start coming directly to their accounts from July 18. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiologists Recommend: Eat 1 Teaspoon Tonight – Wake Up With a Flatter Stomach Hollywood News | USA Click Here Undo In Uttar Pradesh, the state govt has initiated important measures and amendments to make the scheme more effective. Apart from financial assistance, farmers will also be able to get agricultural loans and technical assistance. The state govt has set a target of giving Kisan Credit Cards to 2.5 lakh new farmers in the financial year 2025-26, in which beneficiaries will be given priority in this scheme. With this, they will get crop-based loans at low interest rates. Farmers will be linked to progress-focused agricultural technology in which information about various schemes will be given.
Hans India
28-06-2025
- Health
- Hans India
Tribal identity meets governance: Dharti Aaba outreach touches lives in Balod
Balod, Chhattisgarh: Dharti Aaba Janjatiya Gram Utkarsh Abhiyan has evolved beyond a government initiative to become a symbol of tribal pride and identity, said Lok Sabha MP Bhojraj Nag during a special outreach camp organised in the tribal village of Bhanwarmara in Chhattisgarh's Balod district. Speaking at the event, MP Bhojraj Nag emphasised the emotional and cultural significance of the campaign: 'Dharti Aaba is not just a scheme now. It is the voice of the tribal community and a reflection of their self-respect. It brings dignity and pride in the name of Birsa Munda, who remains an icon of tribal resistance and leadership.' The special camp was part of the Dharti Aaba Jan Bhagidari Abhiyan, which is being conducted from June 15 to July 15 across 186 tribal villages in Balod. It provided multiple services to villagers under one roof, including Ayushman health cards, Kisan Samman Nidhi, labour registration, forest rights pattas, Kisan Credit Cards, and basic healthcare. In a symbolic gesture, the MP also performed the Godbharai ceremony for pregnant women and distributed seeds to farmers, encouraging them to take advantage of the government's agricultural support programs. Divya Umesh Mishra, Collector of Balod, explained the comprehensive nature of the campaign: 'These camps are not just about service delivery; they represent the real spirit of public participation. We are ensuring that representatives and administrative officers come together to take government schemes directly to every village.' She further added: 'In addition to schemes like Ayushman and forest rights, we are providing health checkups, anaemia and sickle cell testing, Aadhaar and ration card services, pension enrolments, and more — all under one roof.' Sarpanch Nirmala Thakur of Bhanwarmara Gram Panchayat, who was also present at the event, expressed her appreciation for the initiative: 'This campaign is empowering our community. People are not only saving time and money, but also feeling more connected to the administration, with all services reaching us directly at the village level.' The camp was attended by people showing huge enthusiasm. Elected representatives and administrative staff, showcasing the collaborative effort behind this innovative outreach model, also attended the event. The success of the Dharti Aaba campaign is being seen as a replicable model of governance rooted in inclusivity and tribal empowerment.
Time of India
24-06-2025
- Business
- Time of India
Give edu loans to good students: Bokaro DC
B okaro: Bokaro DC Ajaynath Jha on Tuesday asked banks to organise special camps to provide easy education loans to meritorious students preparing for IIT, NEET, and other exams. Addressing the district-level credit committee and district-level review committee meeting, he called upon banks to support the district's talented students, especially those from economically weaker sections. Expressing dissatisfaction with low credit ratios, the DC directed all banks to maintain at least a 40% ratio. "Banks with poor performance should better their performance in the next 45 days," he added. You Can Also Check: Ranchi AQI | Weather in Ranchi | Bank Holidays in Ranchi | Public Holidays in Ranchi Urging banks to shift their approach and ensure respectful treatment of customers at all branches, he stated, "Banks should serve not only the privileged but reach farmers, women, students, and rural communities. Priorities include Mudra loans, agricultural and housing loans, and education credit." The DC expressed dissatisfaction with the sluggish implementation of key govt schemes like PM Svanidhi, MSME loans, and SHG support. Pending applications in agriculture, housing, and MSME sectors were directed to be processed quickly. Emphasis was laid on empowering women through SHG loans and expediting Kisan Credit Cards. Chas SDO Pranjal Dhanda urged banks to promptly updtae status and attend hearings in auction-related cases.
Hans India
24-06-2025
- Business
- Hans India
Banking sector became vibrant in TG during Modi's rule: Kishan
Hyderabad: Union Minister for Coal and Mines G Kishan Reddy stated that expansion of banking services in Telangana progressed rapidly from the time Narendra Modi took over as the Prime Minister. In 2014, there were 6,000 bank branches across the state. In the intervening period till date, 600 new branches have been added, he said. At a review meeting of the Telangana State Level Bankers Committee (SLBC), Reddy discussed various welfare schemes and programmes implemented by the Centre in the state. He pointed out that 80,931 bank correspondents are working to improve accessibility of banking services for people in the state's rural areas by providing banking facilities directly to the public. State Bank of India, Union Bank of India and Canara Bank are the lead banks across districts, he said. Meanwhile, SLBC has decided to conduct more awareness initiatives to provide clear information to the community regarding the services offered by banks and the procedures for obtaining them. Among the proposals include the need to create awareness programmes about education loans, housing loans, Kisan Credit Cards and about lodging complaints in case of delays in granting loans to Self-Help Groups (SHGs). It was also decided to educate small entrepreneurs in the MSME sector about their eligibility for loans. Centre-sponsored loans and schemes like craft loans, term loans, agricultural loans and loans related to the dairy and poultry sectors must be highlighted, as were schemes like Vishwakarma Yojana, Mudra Yojana, and street vendor loan facilities, the meeting felt. In 2013-14, the total agricultural loans in Telangana amounted to Rs 27,676 crore, which under the Modi government, rose to Rs 1,37,346 crores by 2024-25. This data clearly shows how the central government is supporting Telangana farmers, with loans having nearly quintupled over 11 years, the Minister said. However, Kishan Reddy expressed concern that the Rs two-lakh-farmer loan waiver announced by the Congress government has not been fully implemented in the state. "Although approximately 15,000 farmers are eligible, funds have not yet been credited to their accounts," he said. Moreover, many farmers have taken agricultural loans of less than Rs one lakh, yet their loans were not waived, Reddy maintained and urged the state government to respond promptly, collect clear information from the respective banks, and complete the loan waiver process for all eligible farmers.
