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Tuesday, December 19, 2006

Two more farmers' clubs formed in Tuticorin

Two farmers' clubs formed under the ambit of the National Bank for Agriculture and Rural Development (NABARD) at Thirupanichettikulam and Valasakaranvilai under Srivaikundam block, were inaugurated by G. Venugopal, Senior Regional Manager, Indian Overseas Bank, on 8th December, 2006.

With this, a total of four Farmers' clubs had been formed in the district this week. On Thursday, two clubs at Puthumanai and Puliyanagar villages were opened.The two new clubs will be credit linked to Indian Overseas Bank, Sawyerpuram branch.

Each of the two newly formed clubs will have two office bearers headed by a Chief Co-ordinator and assisted by an Associate Co-ordinator. The clubs will raise their resources through contributions from its members and by undertaking certain business like procurement of inputs and collective marketing of agricultural produces.

These clubs would be a tool for the financial institutions not only in the matter of credit, but also in facilitating the promotion of self-help groups in their respective areas, micro credit and convergence of services.

The clubs would act as an informal village forum to transfer the latest agricultural practices from laboratory to the field.

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