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DC Rajouri discusses Scale of Finance plan for 2022-23 at DLTC meeting

KH Business Desk by KH Business Desk
January 20, 2022
in Business
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Rajouri  : District Level Task Force (DLTF) meeting was held Thursday under the chairmanship of Deputy Commissioner Rajouri, VikasKundal to discuss the fixation of Scales of Finance for the year 2022-23 for agricultural, horticulture and allied activities in the district.
A threadbare discussion was held concerning criteria to be adopted for the fixation of scales of finance for agricultural and allied activities in the district. The meeting was informed that earlier the fixation of the scale of Finance has been carried out at the Province level but for the past two to three years this is being prepared at the District level
The scale of Finance is the finance required for raising a crop per unit cultivated area, i.e. acre or hectare.
The scale of Finance may vary from district to district. He also said allied Agricultural activities related to poultry, sheep breeding, dairy farming etc have also been brought within the ambit of the DLTC for fixing the scales of finance for such activities.
The Deputy Commissioner, while speaking in the meeting, said that the fixation of finance for the agricultural allied activities shall help the farmers of the district to take advantage of various types of free credit in a hassle-free manner.
He also said that the fixation of finance shall also create employment opportunities in the district through agricultural entrepreneur activities.
He said the objective of this meeting is to review the unit cost of the previous year scale of finance and for the fixation of the unit cost of Scale of Finance for the year 2022-23. He stressed the need to involve all stakeholders in arriving at proper scales of finance and the necessity of accurate field data.
He urged upon them for close coordination so that credit flow to the farmers is adequate and timely.
The Deputy Commissioner said that there is a dire need for the fixation of finance for agricultural allied activities due to an increase in input costs. He directed the concerned officers to submit the revised proposal at the earliest.

KH Business Desk

KH Business Desk

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