Online edition of India's National Newspaper
Saturday, Jul 22, 2006
Google



New Delhi
News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Jobs | Obituary |

New Delhi Printer Friendly Page   Send this Article to a Friend

Special teams for relief to Vidarbha farmers

Special Correspondent

NEW DELHI: To implement the rehabilitation package for farmers in the suicide-prone districts of Vidarbha announced by Prime Minister Manmohan Singh on July 1, the Centre has issued instructions to the Reserve Bank of India and the National Bank for Agriculture and Rural Development (NABARD), commercial banks, regional rural banks and cooperative banks for providing debt rescheduling relief to the farmers including interest waiver, and induce fresh flow of funds. Special teams from NABARD and lead banks are being sent to the affected areas to speed up implementation.

The Prime Minister during his recent visit to Vidarbha announced a series of measures to alleviate the hardships of farmers in six debt-ridden districts worst affected by farmers' suicides. Soon after the announcement, the Ministries concerned initiated action on finalising the work plan for operationalising the announcements in the Rs. 3,750-crore package. Initial meetings were convened by the Prime Minister's Office to jumpstart the efforts towards implementation.

The lead banks in the area have been asked to convene a State Level Banking Committee (SLBC) to bifurcate the target of the additional credit flow amongst various banks.

Printer friendly page  
Send this article to Friends by E-Mail



New Delhi

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Jobs | Obituary | Updates: Breaking News |


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | Publications | eBooks | Images | Home |

Copyright 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu