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Cooperative banks to disburse Rs. 277 crore as crop loans

Special Correspondent

Minister assures steps to boost output at Bamini fertilizer plant



ensuring availability:Cooperation Minister Sellur K.Raju, second from right, inspecting the fertilizer plant at Bamini near Mannargudi on Sunday. R.Kamaraj, right, Nannilam MLA, is in the picture.

THANJAVUR: Minister for Cooperation Sellur K.Raju has said Rs.277 crore will be disbursed as crop loans by cooperative banks in Thanjavur, Tiruvarur and Nagapattinam districts this year.

Till June 25, Rs.22.49 crore has been disbursed, the Minister said, at a review meeting held here on Sunday. He reviewed the functioning of Public Distribution System in Thanjavur, Tiruvarur and Nagapattinam districts at the meeting held at the Thanjavur Central Cooperative Bank. Last year on the same date a sum of Rs.13.82 crore was disbursed and for the current year Rs.8.67 crore more has been disbursed, he added.

For Thanjavur district, the target was Rs.109 crore. So far Rs.14.72 crore has been disbursed. For Tiruvarur the target is Rs. 90 crore and Rs 3.05 crore has been disbursed so far. For Nagapattinam the target was Rs.78 crore and Rs.4.72 crore has been disbursed.

The Thanjavur and Kumbakonam Central Cooperative banks, which have jurisdiction over three districts, have so far disbursed Rs.9.80crore and 12.19 crore respectively.

The Minister instructed officials to disburse cooperative loans in time to farmers. Loans to differently abled persons should be given priority, he said.

K.Baskaran, Collector, and Sivaji, Antony Swamy John Peter, and V.M.Chandrasekaran, Joint Registrars of Cooperatives of Chennai, Thanjavur and Tiruvarur districts respectively took part in the meeting. The Minister inspected the Cooperative Fertilizer Plant at Bamini near Mannargudi in Tiruvarur district and said steps would be taken to increase fertilizer production to 30,000 tonnes per year at the plant.

Under the previous regime, production at the plant has come down to 11,000 tonnes per year from 18,000 tonnes, he said. The plant would be renovated to augment production, he added.

The Minister also said that Chief Minister J.Jayalalithaa has written to the Central government to increase the State's allotment of kerosene.

M.Thangavelu, District Revenue Officer, and R.Kamaraj, Nannilam MLA, accompanied the Minister.

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