Archive · 3 Jan 2026
Bankers urged to promote farm mechanisation
In Nellore, the District Collector had a meeting with bankers.
He told them to give more loans to farmers for buying machines like tractors and drones.
This is because finding workers for farming is hard and expensive.
The government wants farming to be more profitable.
The Collector also said bankers should lend money for things like animal farms and fisheries because these are businesses that can pay back loans easily.
He told agriculture officials to help farmers understand these options.
The Chief Minister is very interested in this issue.
District Collector directed bankers to encourage farm mechanisation by lending loans for agricultural instruments.
Scarcity of labour has made cultivation expensive, prompting farmers to adopt farm mechanisation.
Bankers urged to lend loans for purchasing tractors, drones, rotators, and paddy cultivators.
Government is keen on encouraging agriculture-related industries like Animal Husbandry, Fisheries, and Poultry Farms.
Agriculture department officials ordered to visit villages and educate farmers about loan options.
- Who
- District Collector, bankers, farmers, agriculture department officials
- What
- Encouragement of farm mechanisation and lending for agricultural instruments
- When
- Friday
- Where
- Nellore
- Why
- To make cultivation profitable and address labour scarcity
- Location
- Nellore
- Event
- District level bankers meeting
- Date
- Friday
- Key Figures
- District Collector, Lead Bank Manager Manisekhar
- Focus Areas
- Farm mechanisation, agriculture-related industries
- Loan Instruments
- Tractors, drones, rotators, paddy cultivators
- Government Priority
- Animal Husbandry, Fisheries, Poultry Farms
- Chief Minister
- Nara Chandrababu Naidu