NStCB educates farmers on banking activities

Chozuba, May 12 (MExN): The Nagaland State Co-operative Bank Ltd (NStCB), Chozuba Branch organised a Financial Literacy Camp cum Banking Services Program at Khusomi Village on May 8. It was supported under FIF Managed by NABARD.


The programme was organised to facilitate and educate the rural poor farmers on the concept of banking activities and facilities available with the bank. S Kevi Hibo ABM greeted the participants on behalf of the NABARD, the Management NStCB Ltd & the Branch, and acknowledged the significant role of the area leaders and the public in the upliftment of the department and the Branch in particular


VCCs, VDBs, SHGs, GBs, Students’ union and public of the Village attended the programme. Chairing the function, Hibo, who is also i/c FLC Nodal Centre Kohima Main Branch NStCB Ltd, presented the overall activities of NStCB Ltd and challenged the villagers to approach the bank with all sincerity with viable and suitable projects of the area for mass production so that the loan could be recovered timely.


He also apprised the public that NStCB is the only local Bank in Nagaland empowering the rural poor farmers through various scheme available in the Bank and appeal the public to avail the opportunity for the upliftment of their living economy. He further stressed on the benefit of opening PMJDY accounts, accident insurance, life insurance and pension scheme, which will be in all the Branches very shortly.


Vilhusa Phesao, Agriculture Officer highlighted the system of integrated farming, System of Rice Intensecification (SRI). Cultivation of king chilly & papayas’ been cultivated in plenty by the villagers, the resource person advised the house to preserved and develop a mythology for marketing in order to boost up their living


In the interactive session, the participants were well briefed about the activities and functioning of SHG, JLG & KCC and to approach the bank for availing credit facilities.