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DC Sgr finalizes SoF for agriculture, allied sectors

DC Sgr finalizes SoF for agriculture, allied sectors
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SRINAGAR: The Deputy Commissioner Srinagar Mohammad Aijaz Asad on Thursday chaired 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.

During the meeting convened to approve the proposed SoF, 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 SoF for various KCC Crops and 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 and fisheries.

During the meeting, it was proposed to increase 15 percent SoF in Horticulture, 10 percent under Animal/Sheep Husbandry, three to four percent in Agriculture sector.

Similarly, increased SoF was also proposed under Fisheries, Floriculture and other allied sectors for the 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.

He also urged upon them for close coordination to ensure adequate and timely credit flow to the farmers.

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