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NABARD to support 600 more farmers' clubs in Andhra this year

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HYDERABAD: The National Bank for Agriculture and Rural Development (NABARD), has announced to support 600 more farmers' clubs of the state this year.

The assistance to additional 600 clubs will take the total number of clubs it helped to 2,000 during the financial year 2011-12.

Mr P Mohanaiah, Chief General Manager (Andhra Pradesh), said, “The target set was for to form 1,400. But we have already completed 1,850. We will be completing the remaining 150 to make it 2,000. Farmers' clubs are a good platform for farmers to come together to find solution to their farm related problems collectively.”

The bank provides aid to the clubs that are promoted by banks, non-governmental organisations and public relation institutes. The grant would be used for launching, maintenance for three years and capacity building of farmers.

During the previous financial year, the bank had released Rs 3.35 crore for these clubs in Andhra Pradesh.




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