Online data submission of quarterly data by Banks: He informed the house that SLBC will initiate steps for collection of quarterly data from banks through on-line mode. Modalities like key-in online data, opening of a window till a particular date, providing username and pass word etc. will be communicated to all member banks as soon as the system becomes operational. (Action: SLBC) He requested the Government to Find out practical solutions for the problems faced by the tenant farmers in accessing the bank credit. Expedite the process of allotment of sites for construction of own buildings of RSETIs at Guntur, Chittoor and Tirupathi and speed up the process of alienation of land and necessary approvals for RSETIs of Machilipatnam, Srikakulam and Visakhapatnam. (Action: GoAP) He informed that the 7 committees formulated as per the directions of Hon’ble Chief Minister during 191st meeting of SLBC of AP along with Minor Irrigation will present the reports for deliberations and resolution. He assured the Government of cooperation of SLBC and the member banks in implementation of various schemes of the Government and in carrying forward the vision of the Government. 2.0 Address by Sri N. Chandrababu Naidu, Hon’ble Chief Minister of A.P: He appreciated the President of SLBC for suggesting visits to villages & interaction with customers every week on Wednesday. He advised the Janmabhoomi committees and banks to participate in the weekly visits. He highlighted the following during his address: Andhra Pradesh is the first state calculating the Gross State Domestic Product (GSDP) at quarterly intervals and the state has registered 11.77% for first Half year. Banks are concentrating on lending under short term production credit and not encouraging long term investments. If Government & banks concentrate positively on all sectors a minimum of 20% growth rate can be registered and this will have a tremendous impact on the economy of the state. Lending by banks needs to be reoriented and credit must be extended for Rain Water Harvesting, sprinkler / Drip irrigation to save agriculture from the problems that are being faced by the farmers and make the state drought proof.
Online data submission of quarterly data by Banks: He informed the house that SLBC will initiate steps for collection of quarterly data from banks through on-line mode. Modalities like key-in online data, opening of a window till a particular date, providing username and pass word etc. will be communicated to all member banks as soon as the system becomes operational. (Action: SLBC) He requested the Government to Find out practical solutions for the problems faced by the tenant farmers in accessing the bank credit. Expedite the process of allotment of sites for construction of own buildings of RSETIs at Guntur, Chittoor and Tirupathi and speed up the process of alienation of land and necessary approvals for RSETIs of Machilipatnam, Srikakulam and Visakhapatnam. (Action: GoAP) He informed that the 7 committees formulated as per the directions of Hon’ble Chief Minister during 191st meeting of SLBC of AP along with Minor Irrigation will present the reports for deliberations and resolution. He assured the Government of cooperation of SLBC and the member banks in implementation of various schemes of the Government and in carrying forward the vision of the Government. 2.0 Address by Sri N. Chandrababu Naidu, Hon’ble Chief Minister of A.P: He appreciated the President of SLBC for suggesting visits to villages & interaction with customers every week on Wednesday. He advised the Janmabhoomi committees and banks to participate in the weekly visits. He highlighted the following during his address: Andhra Pradesh is the first state calculating the Gross State Domestic Product (GSDP) at quarterly intervals and the state has registered 11.77% for first Half year. Banks are concentrating on lending under short term production credit and not encouraging long term investments. If Government & banks concentrate positively on all sectors a minimum of 20% growth rate can be registered and this will have a tremendous impact on the economy of the state. Lending by banks needs to be reoriented and credit must be extended for Rain Water Harvesting, sprinkler / Drip irrigation to save agriculture from the problems that are being faced by the farmers and make the state drought proof.
192nd%20SLBC%20of%20AP%20Minutes.docx