Andhra Pradesh Chief Minister Chandrababu Naidu has asked bankers to extend co-operation in strengthening horticulture and livestock.
In a meeting with Suresh N Patel, Chairman & Managing Director of Andhra Bank and other members, the Chief Minister said that banks continue to ignore horticulture and livestock, even though the allied sectors contribute greater GDP than agriculture. He stressed that there needs to be an increased focus on these sectors. This, he said, will control farmer suicides.
Meanwhile, Mr. Suresh informed the Chief Minister that Andhra Bank is the first bank in India to introduce overdraft via SMS and ATM for Prime Minister’s pet project “Pradhan Mantri Jan Dhan Yojana.”
The bankers extended co-operation to the Chief Minister in supporting and taking forward his vision. In this regard, the Chief Minister stressed on enhanced cohesion between government and bankers for ensuring citizen welfare.
SLBC Convener Durga Prasad, Executive Director, Secretary (Finance) Dr. P.V. Ramesh, Secretary to CM Sai Prasad and other officials were present.