Naidu urges banks to extend loans to horticulture sector

Andhra Pradesh chief minister N Chandrababu Naidu on Monday appealed to public sector banks to extend liberal credit facility to farmers in horticulture sector on par with agriculture sector, in the wake of changing food habits of people.

- Srinivasa Rao Apparasu

HYDERABAD:

Addressing the state-level bankers committee (SLBC) meeting at the secretariat in Amaravati, Naidu said that the state was aiming at achieving 15% growth rate in the next two decades, with focus on primary sector. The bankers will play a major role in achieving this target, he said.

"The farmers are giving up traditional farming methods and going in for modern methods of cultivation. They are taking up organic farming and horticulture crops in tune with the changing food habits of people," he said, and appealed to the bankers to extend loans to the farmers in these fields.