|Home | About Us | Success Stories | Farmers Association | Farmers' Innovation | Publications| Contact|
Banking & Credit :: LAND DEVELOPMENT BANKS (LDB)
The special banks providing Long Term Loans are called Land Development Banks (LDA). The history of LDB’s is quite old. The first LDB was started at Jhang in Punjab in 1920. But the real impetus to these banks was received after passing the Land Mortgage Banks Act in 1930’s (LDB’s were originally called Land Mortgage Banks). After passing this Act LDB’s were started in different states of India.
The Agriculture Credit Review Committee (ACRC) in 1989 emphasised the bigger role for the LDBs and recommended to incorporate development of agriculture and its allied activities including wastelands and non-farm sector development.
© 2016 TNAU. All Rights Reserved.