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Pune, Feb 5 “It is time to move away from schemes to projects. There should be an end-to-end project otherwise results would not come. At the district level, all the banks must think of well designed end-to-end projects and see to it that they are properly implemented. This is the only way that projects undertaken would be successful”. This was the message of Dr. S. K. Goel, Principal Secretary, Co-operation, Government of Maharashtra released today at the State Credit Seminar of the National Bank for Agriculture and Rural Development (Nabard) which launched the State Focus paper 2008-09.

Mr Goel has also extolled the banks to come with a study which would give clear indications to the farmers about their returns on investment when they applied for the loan. To tap the potential, it was necessary to put in concerted efforts not only by banks but also by the Government departments and agencies, he added.

The State Focus paper has stated that the aggregate projections of PLP (rural credit planning process) of all the districts reflected an estimated credit flow of Rs 26,268.69 crore for priority sector consisting of agriculture sector at Rs 16,919.34 crore, RNFS including agro processing at Rs 3,114.08 crore and other priority sector segments at Rs 6,235.27 crore including microfinance. It noted that the aggregate potential is 25 per cent higher than the previous fiscal which was around Rs 20,972 crore.

Out of the above potential, the paper noted that Rs 11,840 crore was towards short term crop production loans, Rs 5,079 crore towards investment credit for agriculture and allied activities which included Rs 1,106 crore from minor irrigation, Rs 1,086 crore for plantation and horticulture, Rs 1,035 crore for farm mechanisation, Rs 633crore for dairy development, Rs 514 crore for agro and food processing and Rs, 2,600 crore for non-farm activities. It noted that there was scope for contract farming in the State after the establishment of wine parks, floriculture parks and food parks.

For six districts of Vidharbha region, Nabard has prepared the credit plans for the rejuvenation of mandarin orange, dry land horticulture, horticulture crops (oranges, lime, sweet orange, sapota, guava and mango), sericulture and micro-irrigation (drip and sprinkler sets) for 2008-09 .

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