Minister of State for Cooperatives Mir Zahoor Ahmad has asked the authorities of J&K State Cooperative Agriculture and Rural Development (JKSCARD) Bank to work with utmost dedication and put in all efforts to make the business of the bank flourish to the fullest.
The minister, according to an official spokesperson, while chairing a meeting with the officers of JKSCARD Bank Limited, asked them for preparation of a proposal of about Rs 200 crore envisaging a further fillip to JKSCARD bank activities for submission to the National Cooperative Development Corporation (NCDC) for approval. He said the project would immensely help boost the JKSCARD bank activities by equipping the Bank with adequate manpower besides infrastructure.
The minister said that the major population of the State of Jammu and Kashmir is dependable on agriculture and horticulture so it is necessary to promote and strengthen the JKSCARD bank in the State. He asked the bank authorities to ensure grant of loans to maximum agriculturists and horticulturalists of the State. He called for decrease in rate of interests on loans so that more and more beneficiaries are covered.
The minister urged upon officers for quick and timely removal of bottlenecks in the execution of schemes, strengthening of bank network and minimizing inconvenience to the people besides uplift of farmers particularly weaker sections of the society.