Page 37 - BANKING FINANCE JUNE 2016

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agro processing units, agri. allied activities, and high village of pudukottai district of Tamil Nadu started
tech integrated precision farming earns very good
income to bank at par with other type of advances
made by the bank.
Example: Mr. Sadananda, (of Tapsihalli village of
Dodbellapur taluk of Bangalore, Karnataka State) a
marginal farmer is having nearly 2.40 acres of rainfed
land earning average income of Rs. 10 lacs to 12 lacs
on a conservative approach due to integrated, hi-tech
and precision farming.
Example: Mr.Umesh hailing from Kalya village of
Magadi taluk of Ramnagara District, Karnataka
having 2.50 acres has earned nearly Rs. 240000/- from
his vegetable produce during the last three seasons  Public Private Partnership Model: Great scope
and earned net annual income of Rs. 480000/-
(Successful Farming)
Example: Mr. Yogi Sahani in Jagdispur village,
Darbhanga is into fish seed production sector of
aquaculture which generates a gross income of Rs. 50
lakh a year from sale of carp spawns, fry and
fingerlings alone.(Better Profit Margin)
Example: A small farmer, Saroja from
Deverayanapatna village in Tumkur Taluk, with two
acres earned a gross profit of Rs. 3.25 lakhs in 150  Agricultural Consultancy Services (ACS):
days. The cost of cultivation is Rs. 60000/- per acre
leaving a net profit of Rs. 2.65 lakhs (Tomato Poly
mulching)
Example: Mr.Bhaskar Reddy, a progressive farmer
from Kizhmaruvathur village in Kancheepuram district
turned from paddy cultivation to brinjal, water melon,
and vegetable nursery could earn a net income of Rs.
6.00 lakh a year.
Example: Mr. S Thinakarasamy from kooliyankadu
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commercial propagation of nursery and earned a net
profit of Rs. 714750/- every year.
Example: Mr. C R Radhakrishnan of Kuratahalli in
Chintamani taluk of Karnataka earns Rs. 60000/- per
day from poultry farming alone.
The above examples clearly indicate that financing
the farmers for the profitable agriculture business
activity definitely not only increases their net surplus
income but for the banks it will be a commercial
viable profitable stable sustainable qualitative asset
portfolio.
available in Pune and Nasik regions can be exploited
with formation of implementable area specific scheme
on the activities like floriculture, horticulture, dairy
farming, poly-houses and other allied activities. Good
scope for implementing public private partnership
(PPP) model.
Source: Bank of Maharashtra overdrive on hi-tech
agriculture- Banking Frontier Feb, 2015
 It was established in the year 1988 as a
specialized cell of Canara Bank, consisting of
professionally qualified personnel for appraising
agro-based projects and to provide consultancy.
 It is the first ever Consultancy Cell for Agriculture
& Allied Activities in the entire banking sector in
India.
 With a view to become more proactive, identify
& explore every opportunity and become a role
model for next generation PSBs in India by way of
innovating new products/ideas/schemes.
Agricultural Consultancy Services was renamed as
"AGRICULTURAL INNOVATION CENTRE" with
effect from January 2014.
 The Division, since inception, has handled more
than 1500 projects involving an outlay of more
than Rs. 7000 crores in the sectors like
Floriculture, Mushroom, Dairy, Poultry, Plantation
Projects, Food Processing, Bio-technology, Cold
Storage, Fisheries, etc. which included public
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