(a) the category-wise proportion of credit extended to the rural poor
households by the public financial institutions,micro financial institutions
and self-help groups out of the total rural credit during the last two years
and the current year;
(b) whether there has been any decrease in the amount of the credit
extended to rural poor during the last three years excluding loan waivers;and
(c) if so, the details thereof and the reasons therefor?
MINISTER OF FINANCE(SHRI PRANAB MUKHERJEE)
(a), (b) & (c): A Statement is laid on the Table of the House.
STATEMENT REFERRED TO IN REPLY TO PART (A), (B) & (C) OF LOK SABHA STARRED QUESTION NO.
`440 TO BE ANSWERED ON 18TH DECEMBER, 2009 TABLED BY SHRI ANANTH KUMAR REGARDING CREDIT TO
RURAL POOR.
(a), (b) & (c): Rural Planning and Credit Department of Reserve Bank of India (RBI) has
reported that it does not compile separate data on total Rural Credit. However, data is
available for credit to Weaker Sections, under Priority Sector Lending(PSL), which inter-alia
includes Small and Marginal farmers, Artisans, Village and Cottage industries, beneficiaries
of Swarnjayanti Gram Swarozgar Yojana (SGSY), Scheduled Castes and Scheduled Tribes,
beneficiaries of Differential Rate of Interest (DRI) scheme.
Data available from RBI for credit outstanding to Weaker Section under PSL of Public Sector
Banks (PSBs) is indicated below:
Credit outstanding to Weaker Section as on last reporting Friday of March (Rs. Crore)
2007 2008 2009
PSBs 94284.88 126934.80 166843.00
Total credit disbursed to Weaker Section(Rs Crore)
2006-07 2007-08 2008-09
RRBs 4,867.73 5,265.92 6,629.32
Micro Finance institutions 1,151.56 1,970.15 3,732.33
Self Help Groups 6,570.39 8,849.26 12,253.51