Gujarat Chief Minister at Nabard’s State Credit Seminar in presence of Deputy Chief Minister

Posted on 12, Feb 2020

Gujarat Chief Minister Vijay Rupani today said that it is the banks’ responsibility to create banking infrastructure facilities within 5-km in rural areas for everyone including farmers, poor and the last man, to provide basic economic and financial needs.

Addressing the State Credit Seminar organized by Nabard here, he said that Gujarat has showed the way to sustainable development in agricultural production, creating employment opportunities, FDI, production, output and exports for every section of the society.

Mr. Rupani emphasized the need for banks to increase the per capita income in the state with Nabard. It has achieved 84 per cent of credit target. He stressed the need to reach the target through aggressive initiative. He hoped this seminar will help Gujarat rise to Prime Minister’s target of making India a 5-trillion dollar economy by targeting 1.5-trillion through export-oriented holistic approach.

He appealed to Nabard and other banks to come forward to plan from this year’s budget for blue revolution through fishery as per the Central Government’s 16-point programme to double the farmers’ income. He asked them to extend micro finance to Sakhi Mandals, Self-Help Groups (SHGs) for drinking water ‘Nal-se-Jal, micro irrigation, solar rooftop. He said the banks need to usher in 360 degrees change in their attitude to micro-financing.

Deputy Chief Minister Nitinbhai Patel said that Nabard allotted priority to microfinance to the order of Rs.764-crore to state’s farmers, SHGs, creating employment.

Agriculture Minister R.C. Faldu, Ministers of State Jaydrathsinh Parmar and Ishwarsinh Patel were present at the seminar.

Nabard Chief General Manager explained the objective of the state credit seminar. Reserve Bank of India Regional Director Panigrahi explained the importance of banks.

The Chief Minister and Deputy Chief Minister released a coffee table book on Focus Paper on Nabard Support Project.

The seminar was attended by chairman of state cooperative bank Ajay Patel, senior officers of nationalized and private banks

Source: Information Department, Gujarat