BrahMos WORLD INDIA MADHYA PRADESH BHOPAL WTN SPECIAL GOSSIP CORNER RELIGION SPORTS BUSINESS FUN FACTS ENTERTAINMENT LIFESTYLE TRAVEL ART & LITERATURE SCIENCE & TECHNOLOGY HEALTH EDUCATION DIASPORA OPINION & INTERVIEW RECIPES DRINKS BIG MEMSAAB 2017 BUDGET 2017 FUNNY VIDEOS VIRAL ON WEB PICTURE STORIES Mahakal Ke Darshan
WTN HINDI ABOUT US PRIVACY POLICY SITEMAP CONTACT US
logo
Breaking News

Samba paddy farmers in TN worried in the want of loans

Friday - September 30, 2022 1:39 pm , Category : BUSINESS
Chennai, Sep 30 (IANS) The Samba farmers of Tiruchi and Nagapattinam districts of Tamil Nadu are worried as they are unable to get loans sanctioned by the cooperative societies even after raising nurseries.
Most of the farmers, whom IANS approached, said the lack of support from Village Administrative Officers(VAOs) is the main reason for not getting loans.
Swaminathan Raman, a Samba paddy farmer told IANS, "Even after we have spent an amount of around Rs 7,500 for sowing the seeds per acre of paddy field, as the VAO had insisted, we are yet to get loans for further taking forward the farming."
However, Joint Registrar of cooperative societies, Jeyaram T told IANS, "The earlier incidents of non-repayment of loans is the major reason why farmers are not being sanctioned loans. Another reason is abandoning the farming post getting loans even after raising nurseries."
The district collectors of Tiruchi and Nagapattinam have intervened in the matter and directed the VAOs to speed up the sanctioning of the loans.
Farmer leaders insisted that loans cannot be repaid until and unless this season crop also commences and Kuvai farmers earn properly.

--IANS aal/svn/

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)