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DC Srinagar finalizes Scale of Finance for Agriculture and allied sectors at DLTC meeting

Srinagar : A meeting of District Level Technical Committee(DLTC) for Fixing Scale of Finance (SOF) for the year 2023-24 of different Agriculture and Horticulture Crops was held under the Chairmanship of Deputy Commissioner Srinagar, Mohammad Aijaz Asad here today at Conference Hall of DC Office Complex in order to approve the proposed SoF in the meeting.
At the outset, the DC held a threadbare deliberation on all related aspects of each line Department with regard to the finalization of scale of finance as per the cost of cultivation for all the KCC Crops including Horticulture Crops/KCC Animal Husbandry, Sheep Husbandry, Fisheries and Floriculture Activities in District Srinagar to extend the KCC facility to the farmers.
After having detailed discussion on Existing and Proposed Scale of Finance (SOF) for various KCC Crops & Allied Activities, the DLTC finalizes Scale of Finance of different Agriculture and Horticulture Crops for Kissan Credit Card (KCC) holders of Srinagar District under different crops including Cereals, Vegetables, Pulses, Rapeseed, Mustard/Potato, Fodder, Spices, Plantation (Sericulture, Floriculture), Animal/ Sheep Husbandry, Poultry, Fisheries etc.
During the meeting, it was proposed to increase 15% Scale of Finance (SOF) in Horticulture, 10 % under Animal/Sheep Husbandry, 3 to 4 % in Agriculture sector.Similarly, increased SOF was also proposed under Fisheries, Floriculture and other allied sectors for year 2023-24.
Speaking on the occasion, the Deputy Commissioner said that the fixation of finance for the Agricultural and allied activities shall help the farmers of the District to take maximum advantage of various types of free credit in a hassle-free manner.
He also said that the fixation of finance shall also create employment opportunities in the District through Agricultural Entrepreneur activities. The DC also stressed on active involvement of all the stakeholders in arriving at proper scales of finance and the necessity of accurate field data.
The DC also urged upon them for close coordination to ensure adequate and timely credit flow to the farmers. Chief Planning Officer, Chief Agriculture Officer, Chief Horticulture Officer, Chief Animal Husbandry Officer, District Sheep Husbandry Officer, Assistant Director Fishers, District Sericulture Officer, District Floriculture Officer, DDM NABARD, Lead Bank Manager and Representatives from SKUAST were present in the meeting.
 
 

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