Rs 2,200 crore disbursed as crop loan in Chhattisgarh

RAIPUR: Crop loans of over Rs 2,200 has been disbursed in Chhattisgarh during the current kharif season by the apex bank of the state.

Chhattisgarh State Co-operative Bank has set a target of Rs 2,650 crore interest-free agriculture loans during the ongoing kharif season through its primary agriculture co-operative societies, its chairman Ashok Bajaj said.

An amount of Rs 2,280 crore have been disbursed so far, which is around 86 per cent of the target, Bajaj said.

The last date of loan distribution is September 30.

An amount of Rs 633 crore had been given away as loans to 2,25,019 farmers in Raipur, Gariyaband, Balodabazar, Mahasamund and Dhamtari districts, the chairman said.

Similarly, loan worth Rs 125.74 crore had been distributed to 50,297 farmers of Janjgir-Champa district in Bilaspur division, he said.

Besides, about Rs 98 crore had been given away to 39, 218 farmers in Bilaspur district while Rs 47.47 crore distributed to 19, 959 farmers in Ambikapur district, he added.

The loan distribution for the rabi season will start from October 1, 2015 and continue till March 31 next year, he said.