Question : AGRAHAYANA SAKA EXTENSION OF RURAL CREDIT



(a) whether rural credit extended by various Public Sector Banks in the agricultural sector is only thirty six percent;

(b) if so, the details thereof; and

(c) the steps taken by the Government to achieve 100 percent target of rural credit in agriculture sector?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PAWAN KUMAR BANSAL)

(a) & (b) :The details of disbursements made by Public Sector Banks (PSBs) to agriculture under Special Agricultural Credit Plan for the last three years, viz. from 2004-2005 to 2006-2007 viz-a-viz total agricultural credit disbursed by all banks is as under :


(Rs.in crore) Year Disbursement by PSBs Total disbursements to PSBs in total credit agriculture by all banks
2004-2005 65218 125309.37 52.04% 2005-2006 94278 180485.57 52.23% 2006-2007 122442.52 203296.38 60.21%

(c) : The credit flow to agriculture by all agencies viz. Commercial Banks, Regional Rural Banks and Cooperative Banks during the years 2004-05, 2005-06 and 2006-07 have been Rs.125309.37 crore, Rs.180485.57 crore and Rs.203296.38 crore as against the target of Rs.105000 crore, Rs.141000 crore and Rs.175000 crore, respectively.