Dena Bank, a public sector lender has entered into a national level tie-up with Jain Irrigation Systems (JISL). This tie-up will help farmers increase their acreage under irrigation by minimum use of available water resources. A Memorandum of Understanding (MoU) has been signed between the bank and JISL for the same.
Through this tie-up, JISL will assist the bank in identifying eligible farmers with a requirement for micro irrigation systems and crop management services among others.
Further, a large number of farmers will be financed through this tie-up in the coming months as use of water saving methods like drip and sprinkler irrigation method, is being encouraged by various state governments.