SBI launches Project Uptech for farmers
By Our Banking Bureau | 16 Mar 2002
Talking to press persons, officials said SBI is allocating Rs 30 lakh initially for the project. To begin with, SBI has identified 25 farmers each in Tasgaon (Sangli), Pimpalgaon (Nasik) and Pandharpur (Solapur). The project will be completed in four years.
The benchmark that SBI has kept for itself is that by the end of the project, it will bring under its fold about 1,000 acres of grapes under organic farming. They estimate that the yield of grapes will increase by 30 per cent, while the shelf-life will increase by 25 per cent.
The bank
officials said for technological and consultancy support, SBI has
entered into an arrangement with NRC Grapes located at Manjari,
Pune.