The bank has started vegetable cultivation as part of the State Government's SUBHIKSHA KERALAM project. Former GCDA Chairman Mr. C N Mohanan inaugurated the Vegetable cultivation at a function held at the Seamet College premises.
John Fernandes MLA, Bank President T K Valsan, Vice President K Suresh, Secretary Jaymon U Cherian, P A Peter, Councilor Thampi Subramaniam, T K Sudheer, Seamet College Principal Smt.Rani Attended.
The bank has started vegetable cultivation in about one acre of land near Palluruthy Nursing College. The bank has decided to intervene in agriculture in light of the United Nations warning that food shortages are going to be realized around the world in the wake of Covid 19. The Bank is spread over seven acres of land under 13 members of the Governing Council in cooperation with the State Department for the cultivation of vegetables, turmeric, cassava(KAPPA), yam and fish.
The bank has started vegetable cultivation in about one acre of land near Palluruthy Nursing College. The bank has decided to intervene in agriculture in light of the United Nations' warning that food shortage is going to take over the world in the wake of Covid 19. Under the supervision of 13 members of the Governing Council and with the cooperation of the State Department, around 7 acres of the land is getting prepared for the cultivation of vegetables, tapioca, yam, other tubers and fish. In addition to this, members and individuals of over 100 farming groups who have registered in the bank and around 500 women of the self-financing Dhanasree groups will be given interest free loans upto Rs.5000 to purchase growbags, saplings, manure, bio- pesticides and agricultural implements. It has been decided to provide necessary support to farmers who are interested in terrace farming. The bank has also begun direct operations to provide growbags, vegetable-seedlings and planting mixture at affordable prices. The bank also supervises the Eco-Shop through which products are collected from the farmers and sold. With the slogan "Kerala heads towards agriculture..the PMSC bank succours Kerala", the ultimate goal of the bank is to make Palluruthy self-sufficient.
Date: Wednesday, 27.May.2020