ITANAGAR, Jun 17 : In the sidelines of the ideological training of BJP Legislators at Mumbai, Deputy Chief Minister of the state Chowna Mein accompanied by MLA Namsai, Chau Zingnu Namchoom today hold discussion with the Heads of various policy & business departments of National Bank for Agriculture & Rural Development (NABARD) in its Head Office.
Mein while taking note of  RIDF issues in the state, advocated for developing a hybrid fund by combining RIDF and NIDA for providing lower cost and longer gestation period without effecting the borrowing power of the state. He further stressed on Farmer’s Producer Organization’s (FPO) formation and its handholding which would help the farmers of Arunachal to a great extent as they will be able to produce scientifically and market their produce at remunerative prices. He specifically said that FPOs especially for Chitronella is highly essential in state.
Acknowledging the contribution of NABARD in the progress of  Arunachal Pradesh, Mein sought the inputs from NABARD officials on major priority areas in the field of agriculture & allied activities which needs focus as well as budgetary support for inclusion in this year’s state budget. Zingnu Namchoom while emphasising the need for establishing a Fishery Institute in the state also said that the state needs support for its water supply projects under RIDF.
General Manager &  former OIC, NABARD Arunachal RO Dr Gyanendra Mani informed that the bank has got full support and cooperation from the state government, especially from the Dy CM which got culminated into a jointly organised State Conclave on Agriculture & allied sector in Arunachal Pradesh on May 18-19 last and the recommendations of the same have already been included in  road maps for various agriculture & allied activities. He suggested for revival of co-opearative banks as well as rural banks in the state so that they become eligible for refinance from NABARD. He further said that the state government needs to help banks in the state in recovering their dues by forming committees under the chairmanships of DCs at the district level and budgetary support should be provided for formation of at least 50 FPOs, modernisation of at least 7-8 APMCs to make them eligible for e-NAM boarding, infrastructure support to veterinary department for vet hospitals, dairy processing sericulture promotion, cold water fisheries, promotion of medicinal & aromatic plants, etc.  He also suggested that performance of KVKs may be reviewed with a view to engage them in various developmental activities related to agriculture & allied sector.
Various other NABARD officials also spoke on the occasion. DCM Press Release

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Kenter Joya Riba

(Managing Editor)
      She is a graduate in Science with post graduation in Sociology from University of Pune. She has been in the media industry for nearly a decade. Before turning to print business, she has been associated with radio and television.
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