Banks must reach out to farmers in remote areas of Tripura: Jishnu Dev Varma

Banks must reach out to farmers in remote areas of Tripura: Jishnu Dev Varma

Agency News

Udaipur, Mar 10 : Stressing on importance of maintaining a strong relationship between banks and farmers, Deputy Chief Minister of Tripura Jishnu Dev Varma on Tuesday said banks in Tripura must develop good relationship with farmers and build an effective network in remote areas where farmers cannot contact banks. Mr Dev Varma, who also holds the Finance portfolio in Tripura, said this in 'State Credit Seminar 2020-21' organized by NABARD in the state capital today.

The minister unveiled 'State Focus Paper 2020-21 Tripura' published by NABARD on the occasion. The paper presents a comprehensive picture of credit potential estimate in various sectors of the rural economy as assessed in the potential linked credit plans prepared by NABARD with respect to all the districts of Tripura. It has stressed on adopting Hi-Tech Agriculture which pertains to growing vegetables in tropical climate and developing disease resistant plants trough genetic engineering. It also pointed out that the non performing assets(NPAs) of the banks in the state which was 6.18 per cent in March 2010 improved marginally to 5.82 per cent in March 2016 and further to 3.98 per cent in March 2019.

General Manager of NABARD for Tripura Regional Office Sunil Kumar, General Manager of Reserve Bank of India Tamal Biswas as well as the officials of different banks operating in Tripura along with FPO members, farmers, representative of different NGOs were present in the programme. During the programme, the bankers pointed out their thoughts in case of developing the state Tripura as well as the economic condition of Tripura. (UNI)