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Development in the filed of Agriculture holds key for development of India: Jayarama Bhat

Development in the filed of Agriculture holds key for development of India: Jayarama Bhat

Mangalore Today News Network

Mangaluru, Aug 3, 2016: “As around 58 percent of rural households depend on agriculture as their principal means of lively hood, about 16 percent of GDP (Gross Domestic Product) is being contributed by agriculture sector and as rural sector  has tremendous potential for employment generation as well as capital deployment, rural development initiatives hold key for real and sustainable development of India.

karnataka bank


Hence, Karnataka Bank      has earmarked Rs.6,120 crores to agriculture sector during the current year” – said Shri  P Jayarama Bhat, while inaugurating the Agri. Business Conference of the Bank, here at Mangaluru on 3rd August, 2016. He was addressing the Agriculture Field Officers, Branch Heads of Agri. Development Branches, Green Branches and the Regional Heads from across India.

The Chief General Manager of the Bank, Shri Mahabaleshwara M S, in his address said that “Agri. Lending is national priority and entire mankind is indebted to farmers. Agriculture Field Officers should rise to the occasion in extending timely and adequate credit to farm sector besides focusing on end use and timely recovery so as to keep up the health of Agri. Portfolio”.

General Manager, Shri Raghurama in his address advised the Agriculture Field Officers and Branch Heads to achieve the agriculture credit target on quarterly basis.

General Managers, Shri N Upendra Prabhu, Dr Meera Aranha, Shri Raghavendra Bhat M, Shri Chandrashekar Rao B and Shri Subhaschandra Puranik were present during the deliberation.

Detailed review of Agriculture Field Officers, Agriculture Development Branches and Green Branches was made and agri. lending strategies were finalised during the conference.

In the beginning Shri Nirmalkumar K Hegde, Deputy General Manager, welcomed the participants. The conference concluded with vote of thanks by Shri Ramesh Bhat, Assistant General Manager.

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