Question : QUESTION NABARD LOANS

(a) whether farmers are not getting adequate loans due to cut made by the Government each year in budget provision for providing refinancing loans to National Bank for Agriculture and Rural Development (NABARD) to be given to State Agricultural and Rural Development Banks ;

(b) if so, the details thereof, State-wise including Uttar Pradesh;

(c) whether the Government propose to increase refinancing loans;

(d) if so, the time by which the final decision in this regard is likely to be taken; and

(e) if not, the reasons therefor?

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)

(a) & (b): Refinance of NABARD under Investment Credit is being provided out of its own resources/borrowing. NABARD is meeting the refinance requirements of State Agricultural and Rural Development Banks (SCARDBs) within available resources subject to individual bank`s compliance with the various norms as per the refinance policy like loan recovery percentage, realistic lending programme, level of net and gross NPA (risk assessment of the bank), audit class assigned to the bank and availability of State Government guarantee, etc. State-wise details of the refinance provided by NABARD to SCARDBs during the last 3 years are given in Annex.

(c) to (e): There is no such proposal under consideration of the Government.