calender_icon.png 25 February, 2025 | 12:36 AM

Extend loans to agricultural sector

15-02-2025 12:27:20 AM

Metro India News | Hyderabad 

Minister for Agriculture and Marketing Tummala Nageswara Rao said that bankers need to cooperate more for the development of the agricultural sector in Telangana State. He participated in the launch of the NABARD State Focus Paper along with Deputy Chief Minister Mallu Bhatti Vikramarka at a hotel here on Friday.

Speaking on the occasion, Tummala Nageswara Rao stated that bankers need to provide extensive loans to agriculture-related sectors and that they were urged to take steps to create a conducive environment for investments in sectors such as animal husbandry, fisheries, and labor-based industries. 

"There is a need to promote the cultivation of millets to increase farmers' income and improve nutritional security. A special plan should be formulated for the production, processing, and marketing of millets," Tummala suggested.  Senior officials, representatives from NABARD and banking sector, leaders of farmer associations were also present in the programme.