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The National Bank for Agriculture and Rural Development (Nabard) looking at successful and workable joint liability groups (JLGs) models developed in Karnataka has arranged exposure visit to Haryana bankers.
Nabard has brought 30 bankers from Haryana for a two-day trip to Dharwad. Bankers are to get first-hand direct exposure to the successful models developed by the State Bank of India (SBI) and Dharwad-based Karnataka Vikas Grameena Bank (KVGB).
“KVG Bank is a regional rural bank sponsored by Syndicate Bank, has created 1,907 JLGs and has many successful rural and urban centric models. While SBI has formed around 500 JLGs in the rural areas,” said Mr Y.N. Mahadevaiah, Assistant General Manager, Nabard-Dharwad, who is co-ordinating the exposure visit.
KVG Bank has formed JLGs in rural areas mainly centred on share croppers, lift-irrigation, sculpture (stone carving) and weaving. In urban areas (small and medium towns), has formed groups revolving around construction sector like bar-benders, plumbers and masons. Majority of JLGs formed are around Gadag, Belgaum and Dharwad districts.
Showcasing experience
According to Mr P.L. Kudagi, Chief Manager, KVG Bank, “We will be showcasing our experience of how we popularised the JLG concept in north Karnataka districts, adopted it to suit the local needs and also how it was scaled up to form more groups in short time.”
Mr Mahadevaiah said, “Major objectives of this exposure visit is for sharing, reciprocating and replicating the successful model of JLG-bank linkages in Karnataka with commercial and rural banks of Haryana state. The team will also be visiting Gadag to study SBI funded JLGs KVK-Hulkoti.”
“Since Karnataka has pioneered many banking concepts like Self Help Groups, Micro Finance and now joint liability groups, there is not much banking innovation happening in north India, hence we are bringing them over to Dharwad for exposure,” he added.
In addition to JLG models, the Haryana bankers are to get lessons on different models adopted by banks in Karnataka revolving around finance, financing norms, benefits accrued to JLGs, formation of JLG networks. Bankers are also to get lesson in lending and recovery to agricultural sector, non-farm sector through group approach.
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