(a) whether the land development banks in the country are on the verge of closure due
to their poor financial conditions;
(b) if so, the details thereof, State/ UT-wise;
(c) whether the Government has received proposals from the States for their revival;
(d) if so, the details thereof, State/ UT-wise including Maharashtra along with the
action taken on such proposals so far; and
(e) the other steps taken/being taken by the Government for revival and strengthening
of the said banks?
The Minister of State in the Ministry of Finance (Shri Namo Narain Meena)
(a) & (b): The credit provided by State Cooperative Agriculture & Rural Development
Banks (SCARDBs) in the country, during the last two years is attached as Annex.
(c) & (d): NABARD has received the proposal only from the Government of Chattisgarh
for merger of SCARDB with State Cooperative Banks and Primary Cooperative Agriculture
and Rural Development Banks(PCARDBs) with Central Cooperative Banks(CCBs).
(e): The Government had constituted a Task Force in January, 2005 to suggest an implementable
action plan for reviving the Long-Term Cooperative Credit Structure(LTCCS) in the country
which submitted its report in August, 2006. Subsequent to the implementation of Agriculture
Debt Waiver and Debt Relief Scheme, 2008, the LTCCS package was revised by the Government.
However, the Government decided to have a re-look at the viability and relevance of a
separate package for LTCCS and constituted a Task Force in September, 2009 which has
submitted its report to the Government. The matter of revival package for LTCCS is under
consideration.