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Writeup AP 2011-12 - Punjab State Planning Board

Writeup AP 2011-12 - Punjab State Planning Board

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NABARD, construction and up-gradation of 7 new veterinary polyclinics, construction of 19<br />

sub-divisional level veterinary hospitals and up-gradation of 10 existing polyclinics & 782<br />

hospitals shall be completed during the year <strong>2011</strong>-<strong>12</strong>.<br />

33. Various steps have been taken for increasing the milk production from the<br />

present level of 1300 liters per lactation to 3000 liters per lactation. The coverage of<br />

buffaloes under artificial insemination is being increased and about 1000 trained AI workers<br />

are inducted every year for door to door AI services. To boost the milk production in cows,<br />

semen and embryos of high genetic potential are being imported. <strong>State</strong> government has<br />

constituted a Livestock Registration Authority with the mandate of registering productive<br />

livestock in the state. The state government needs financial assistance from GoI for the same.<br />

Five new ultra modern cattle mandis would be set up to give fillip to the growing dairy<br />

sector.<br />

34. MILKFED has a widespread network of over 6500 milk producers’<br />

cooperative societies having about 4 lakh members. Government of India has identified 6<br />

milk unions of <strong>Punjab</strong> namely; Amritsar, Jalandhar, Hoshiarpur, Bathinda, Sangrur and<br />

Gurdaspur for providing financial assistance under a centrally sponsored plan scheme<br />

“Financial Assistance to cooperatives to meet out their losses”.<br />

35. The Central Cooperative Banks play an extremely vital role in the agricultural<br />

economy of the state. Quantum of re-finance from NABARD for short term agriculture<br />

loans is only 45%. It needs to be increased to 75%. The NABARD charges 4% rate of<br />

interest on this refinance and since cooperative banks have to make available loans at 7% rate<br />

of interest, the margin left with cooperative banks is only 0.25%, thereby jeopardizing the<br />

viability of the banks. The rate of interest charged by NABARD needs to be reduced to<br />

2.5%. Government of India should withdraw the levy of income tax on cooperative banks.<br />

These banks cannot be treated at par with commercial banks.<br />

RURAL DEVELOPMENT<br />

36. In an earnest endeavor towards rural rejuvenation of all <strong>12</strong>673 villages, the<br />

Panchayati Raj Institutions are being involved by the government not only in asset formation<br />

and management, but also in the entire process of planning, through an outlay of Rs. 516.39<br />

crore during <strong>2011</strong>-<strong>12</strong>.. The state government is committed to the provision of modern<br />

amenities and sanitation facilities in rural areas and also to the creation of employment<br />

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