Business Daily from THE HINDU group of publications Monday, Feb 12, 2007 ePaper |
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Agri-Biz & Commodities
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Co-operatives States - Andhra Pradesh NCDC aid to AP set to cross Rs 1,000 crore Our Bureau
Andhra Pradesh stands first amongst States in availing of a record assistance from the NCDC during 2005-06. According to Mr A.M. Kale, Regional Director, NCDC here, the State has been getting financial assistance for various cooperative development activities during the last two years, approximately up to Rs 445 crore.
MAJOR PROJECTS
With the State Government and APCOB implementing major projects such as modernisation/expansion of sugar cooperatives, farm mechanisation, Integrated Child Development Programme, working capital to DCCB & sugar cooperatives, NCDC has made a tentative allocation of Rs 500 crore for the current fiscal, Mr Kale said in a press release. Till January 31, 2007 about Rs 133.10 crore has been availed by the cooperatives/APCOB and the State Government. A review meeting of the various activities was held here recently, the release said.
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