In view of the prevailing floods in six districts of the State, Haryana Government has decided to convert short term cooperative loans amounting to 201.21 crore rupees into medium term cooperative loans in these districts. <br/><br/>Haryana Chief Minister Mr Bhupinder Singh Hooda said today at Chandigharh that a decision to this effect has been taken to mitigate the sufferings of the flood affected farmers. He said that in district Ambala, loans amounting to 71 crore rupees would be converted into medium term cooperative loans, followed by 55 crore rupees in district Kaithal, 46 crore rupees in district Kurukshetra, 22.09 crore rupees in district Fatehabad, 6.12 crore rupees in Sirsa and one crore rupees in Yamunanagar. <br/><br/>Mr Hooda said that arrangement to provide adequate quantity of DAP and urea has also been made. Haryana Cooperative Supply and Marketing Federation (HAFED) has been directed to arrange 4.50 lakh metric tonnes of DAP at a cost of 430.42 crore rupees and five lakh metric tonnes of urea at a cost of 255.50 crore rupees for the year 2010-11as advised by State Agriculture Department.
News On AIR | July 15, 2010 6:21 PM
Haryana Govt decides to convert short term cooperative loans into medium term cooperative loans in flood affected districts