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Andhra Pradesh
Ryots sign tripartite agreement
Staff Reporter
Sangareddy: The vegetable growers of Mulugu mandal on Wednesday entered into a tripartite agreement with State Bank of India and Heritage Foods at Ksheerasagar village.
The farmers who own farms very close to the State capital would benefit from the agreement and at the same time would gain access to financial assistance from the SBI.
The SBI has announced that it would provide a loan of one lakh rupees to each one of the farmer that entered into an agreement.
The farmers would also get a chance to utilize the cold storage at Ontimamidi to store their vegetables.
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