Staff Reporter,
Guwahati, November 21: “To make the Indian economy a 5 Trillion Dollar Economy true to the call of Prime Minister Narendra Modi along with other sectors we have to focus on agriculture and its allied sectors”. This was the observation of Governor Prof. Mukhi while inaugurating the State Credit Seminar organized by NABARD, Assam Regional Office in a city hotel here today. Speaking on the occasion, Governor Prof. Mukhi said, “The Indian Economy in which the services sector is one of the dominant sectors still depends on Agriculture and allied sectors, which provide the stability and acceleration of growth to the economy. Agriculture credit and timely availability of quality farm inputs at affordable rates are the keys to efficient performance of the agrarian sector. Since, large section of the country’s population are dependent on agriculture for their livelihood, providing them with a robust rural banking and financial sector are crucial for their welfare. National Bank for Agriculture and Rural Development (NABARD) plays an indispensable role in this regard." The Governor also said that the Prime Minister’s vision to realize the true potential of Ashtalakshmi would only be realized if NABARD and all the Banking fraternity focus on the potentials of the North Eastern region and the priorities as highlighted by the flagship programmes of the Government of India and Government of Assam. The flagship schemes of the Govt of India in the rural areas especially farming sector namely, Grameen Bhandaran Yojana ( ie Rural Godown Scheme), PM Krishi Sinchayee Yojana (ie Agriculture Irrigation Mission), PM Fasal Bima Yojana (i.e on Crop Insurance), PM Kisan Samman Nidhi (PM Farmer’s Tribute Fund), Livestock Insurance Scheme and National Action Plan on Climate Change are some of the most notable in this regard. Prof. Mukhi also requested the stakeholders to relentlessly pursue the goal of increasing the ground level credit flow and urge the banks and financial institutions in Assam to extend utmost support and cooperation in achieving the dream of putting Assam in the forefront, not only in the North-Eastern Region, but also across the country. Finance Minister, Ajanta Neog in her address complimented NABARD for organising the State Credit Seminar. Chief General Manager Naveen Dhingra, Commissioner and Secretary Finance Manish Thakur, Regional Director RBI Sanjeev Singha along with a host of other dignitaries were present on the occasion.
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