Scale for Finance for agriculture, allied sectors for 2025-26 approved

Srinagar, Dec 5: To approve the proposed Scale of Finance (SoF) of different KCC Crops and other Agriculture allied sectors for the financial year 2025-26, a meeting of the District Level Technical Committee (DLTC) was held on Thursday under the chairmanship of Deputy Commissioner (DC) Srinagar, Bilal Mohiuddin Bhat at the DC Office here.

At the outset, the DC (Chairman DLTC) held detailed deliberations on all related aspects of each sector with regard to the proposed scale of finance (SoF) as per the cost of cultivation for all the KCC Crops including Horticulture Crops and KCC Animal Husbandry, Sheep Husbandry, Fisheries Sericulture and Floriculture activities in District Srinagar to extend the KCC facility to the farmers.

After having a detailed discussion on the existing and proposed Scale of Finance (SOF) for various KCC crops and allied activities, the DC approved the Scale of Finance for district Srinagar of different KCC crops of agricultural, horticulture, fisheries, floriculture, Sericulture and other allied activities.

Speaking on the occasion, he 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 credit in a hassle-free manner.

The DC said that the fixation on finance shall also create employment opportunities in the district through agricultural entrepreneur activities.

He stressed on active involvement of all the stakeholders in arriving at proper scales of finance and the necessity of accurate field data.

The DC urged the officers to ensure close coordination with line departments to provide adequate and timely credit flow to the farmers.

The meeting was attended by the Chief Planning Officer, Additional Managing Director JKSCB,  Chief Agriculture Officer, Chief Horticulture Officer, Chief Animal Husbandry Officer, District Sheep Husbandry Officer, Assistant Director Fisheries, District Sericulture Officer, District Floriculture Officer, DDM NABARD, Lead Bank Manager and Representative from KVK and SKUAST and other concerned.