amaravathi sources stated that NABARD has decided to give a total amount of Rs 2,11,865.38 crore to the primary sector of ap state. Meanwhile in the state credit seminar held here on thursday, chief minister jagan MOHAN REDDY' target='_blank' title='ys jagan mohan reddy-Latest Updates, Photos, Videos are a click away, CLICK NOW'>ys jagan mohan reddy released the state focus paper for 2020-21 year. NABARD has mentioned Rs 1,34,402.52 crore as the agriculture loan in the focus paper.
When addressing the seminar, the chief minister said that andhra pradesh is an agriculture-dependent state with 62 percent depending on agriculture. There are vast opportunities for agriculture and related sectors in the state. The state is in top position in the aqua and Fisheries sector. He said 'The entire country is facing a recession now and this effect would be more on primary sector; agriculture'. Further he asked NABARD members that the priority should be given to the agriculture sector on which a majority number of people are dependent.
Moreover he said that more than 11,000 Rythu Bharosa centers would be established by the upcoming Kharif season. He thanked NABARD officials for cooperating in establishing agri-labs. He said that there is a requirement for setting up of more number of cold storage units and godowns. Apart from these, the government is planning to establish a food processing unit in every parliamentary constituency and later that would be extended to assembly constituencies. Perhaps talking about the small scale businessmen, he said loans would be given to them and the government would pay the interest amount that it has to pay. The State stood as a role model to other states by establishing disaster management fund and also by fixing up the minimum support price for the crops.