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HindustanTimes Mon,14 Jul 2014

Farmers' Club educates on banking needs in Chhattisgarh

HT Correspondent, Hindustan Times  Raipur, February 12, 2013
First Published: 21:56 IST(12/2/2013) | Last Updated: 21:57 IST(12/2/2013)

To educate farmers about their banking needs and help them use bank credit efficiently, farmers' clubs have been constituted in Chhattisgarh and eleven other states of the country by apex development bank NABARD and the Axis Bank.

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Farmers' Club is a grass-root level informal association comprising 10-15 farmers of the same or nearby villages promoted by rural and semi-urban branches. As many as 106 such clubs through 16 Agri-Business Centres of Axis Bank are being promoted in 12 states.

Farmers' Club programme was introduced by National Bank for Agriculture and Rural Development (NABARD) in order to bridge the gap between the rural customers and the banks. The basic objective of Farmers Clubs is development in rural areas through credit, technology transfer, awareness and capacity building.


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