JANUARY 2006

      >> Scheme for assistance to fishermens-LPG Kit (20/01/2006)

      >> Financing Rural Tourism under NFS (18/01/2006)

      >> Scheme for advancing Working Capital Loan (11/01/2006)


                             
   

 



 >>Scheme for advancing Working Capital Loan (11/01/2006)

P1/1411/NCDC-Vol.III/2004-05
11.01.2006

All Regional Managers
Secretaries of all PCARD Banks.

Sir,

Sub:- Scheme for advancing working capital loan to traders and small industrial units- Repayment period extended-revised insurance premium communicating of.

Ref:- 1. This office letter No.P1/1411/NCDC/2004-05 dated 27.06.05

2. This office letter No.P1/WC-LP/4936/2005-06 dated.05.12.05.


Attention is invited to the reference cited Ist. In continuation of the letter under reference cited 2nd we may inform that the Executive Committee dated.19.12.05 resolved to accept the revised insurance premium as noted below, covering extended loan period of 2 years, to insure the borrowers under traders loan scheme.

Sum insured             Insurance premium

Rs. 50,000/-              Rs.27/-
Rs.1,00,000/-            Rs.54/-
Rs.2,00,000/-            Rs.154/-

The salient features and working instructions are as communicated vide reference cited Ist.

The Secretaries of PCARD Banks are requested to remit the insurance premium as noted above in respect of the loan disbursed from 01.12.2005 onwards.

Yours faithfully


Agricultural Development Manager (P&I)

Copy to:
PA to President, Vice President
GM,Principal STC,CIO(N&S),AO,
All Section Heads in Head Office.


                                         

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>> Financing Rural Tourism under NFS (18/01/2006)

F3/NFS-CLS/RULES/2001-02
18-01-06

                                                         CIRCULAR NO.2/2006


Sub: Financing Rural Tourism under NFS-reg

Ref: Letter No.NB. DPD.NFS/2778/CP/850/2005-06 dt.11-11-2005 of NABARD, Bombay.

NABARD vide their letter under reference communicated that Government of India has ear marked Tourism as a potential employment generation area for focused development in the Xth Five Year Plan. NABARD advised that all activities forming part of the Rural Tourism and Agri Tourism will be eligible for refinance assistance from NABARD under NFS. The meeting of the Board of Directors held on 23/12/2005 has resolved to implement the scheme for financing Rural Tourism under NFS through PCARD Banks. An illustrative list of activities related to Tourism which can be financed is given in the annexure.
The Regional Managers and Secretaries are requested to implement the scheme by adhering to the terms and conditions already issued.

Sd/-


General Manager

Encl: As above.

To
1. All Regional Managers.
2. Secretaries of all PCARD banks.
3. Principal STC/ PA to President.
4. All Officers at Head Office.
5. Computer Section for Website

 

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>> Scheme for assistance to fishermens-LPG Kit (20/01/2006)

P1/OBE-LPG/7423/2005-06
20-01-06


All Regional Managers

Sir/ Madam

Sub: Scheme for assistance to fishermen for conversion of Out Board Engine with LPG kit- implementation permitted-reg.

Ref: Letter no. NB (Kerala) ICD/8047/4F/ 2005-06 dtd.17-01-06 from NABARD.

As per reference letter cited, NABARD has allowed automatic refinance for the financing under conversion of Out Board Engines with LPG run engine.

We are enclosing guide lines for the implementation of the same by the eligible PCARD Banks.

You may take utmost care and closely monitor the implementation of the scheme by the PCARD Banks in your region. Please note that the regional office has more responsibility in implementing this scheme, as it is anew area of lending. Before implementation, you may discuss with the concerned, so that, there will not be any problem for loan recovery.

Yours faithfully

Sd/-

General Manager

Encl: As above

To

The Secretaries of all PCARD Banks.

Copy to:

President/Vice-President/GM/AO/CIOs/ Principal STC/Addl.RCS
All Section Heads
Computer Section

 

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>>Amendment to rule No.10(C) of the NABARD Housing Rules (03/02/2006)

F2/ NABARD/Rules/2002-03
3-02-06

Sub: Amendment to rule No. 10 ( C) of the NABARD Housing Rules- Communicating-reg.


The Bank has been receiving representations from various PCARD Banks to reduce the minimum area to be offered as security property from 5 Cents to 3 Cents
at least in Municipal/Corporation area by amending rule no 10 ( C). The Board of Directors at their meeting held on 18-01-2006 resolved to amend the rule as follows.

Existing Provision Provision after amendment
Rule No.10 ( C) The minimum area The minimum area for the house site shall be
for the house site shall be 5 Cents 5 Cents. However if the security property is in
Corporation/Municipal area the minimum area
shall be 3 Cents provided the loanees are having
sufficient repaying capacity to pay the loan
amount.


The Rule 10(C) stands amended accordingly and the loan application under RHS (NABARD) shall be entertained by considering the above amendments.

Sd/-
General Manager

To

1.All Regional Managers.
2.Secretaries of all PCARD Banks.
3.CIOs (N&S Zones).
4.Principal, STC.
5.All Section Heads in H.O.


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>>State Ground Water Resources Evaluation (16/02/2006)

P1/MI/5415/2005-06
16th February 2006


The Regional Manager
KSCARD Bank Regional Office

Sub: State Ground Water Resources Evaluation – List of ‘Dark’ and ‘Grey’ Blocks – reg.

Ref:NB (Kerala) TSD/743/MI.5/2005-06 dt. 28-12-2005

The Ground Water Resources Evaluation for all the Districts of the State of Kerala, is periodically undertaken jointly by the State Ground Water Department and the Central Ground Water Board. The latest ground water resources evaluation and updation has been carried out during March, 2004 on the basis of block as a unit. NABARD vide reference cited has forwarded the list of ‘Dark’ and ‘Grey’ Blocks and the Board meeting held on 13-01-2006 resolved to instruct the PCARDBs and Regional Offices regarding lending under Minor Irrigation Scheme in these blocks and a brief note is forwarded herewith for the information and guidance of field level officials. The new nomenclature for the categorization of blocks is as follows:

a) Safe (White) : The Stage of ground water development less than 70%.
b) Semi-critical (Grey):The Stage of ground water development between 70 and 90%.
c) Critical(Dark) : The stage of ground water development between 90 and 100% and ground water levels show long term declining trends.
d) Over exploited: The stage of ground water development more than 100% and ground water levels show declining trends during pre and post monsoon periods.

Out of 151 blocks, 5 blocks are categorized as over-exploited, 15 as critical, 30 as semi critical and 101 as safe. The over exploited blocks, have been notified by the State Ground Water Authority vide its Extra Ordinary Gazette Notification as ‘Notified Areas’ and they are listed below.

Name of the Block Name of the District
Athiyannur Thiruvananthapuram
Kodungallur Thrissur
Chittoor Palakkad
Kozhikode Kozhikode
Kasaragod Kasaragod

In the Notified areas, no individual and/or agency, is expected to undertake any ground water based activity, which will entail additional ground water draft. Institutional Credit for financing of Drip and sprinkler sets, underground pipelines and replacement of pump sets (without increasing the H.P) only are allowed. Any fresh ground water structures such as open well, filter point, bore well, tube well, etc, cannot be financed. Increase in HP of the pumpsets or the change in type of Pumpsets under the programme of replacement, deepening of existing wells or replacement of defunct wells cannot be allowed. In case, any such activity is proposed, the necessary written permission from the State Ground water Authority is required.

The generalized district wise information on ground water resources potential, List of Critical and Over –Exploited Blocks and the areas showing significant ground water decline are provided as Annexures-1, II & III respectively.

The financing banks are requested to take note of these directions while appraising MI activities.

Yours faithfully,

Agrl. Devt. Manager (P&I)

Copy to:
1.The Secretary, All PCARDBs.
2.Vice President, P.A.to President/ G.M
3.Principal, STC
4.C.I.O (N&SZ)
5.All Section Heads at H.O.


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