AGRICULTURAL LOAN

Various type of Credit limits for agriculture purposes viz. ST {SAO} production credit,   Medium Term conversion Loan,   Fertilizers Cash Credit Limit etc. have been sanctioned to the District Central Cooperative Banks. During the year 2022-23 target of Rs.19000.00crores was fixed for disbursement of agricultural production loans by District Central Cooperative Banks, against which Rs.18407.03 crores were disbursed.

ST (SAO) Production Loan

Different  lines  of  production  credit  limit under ST  (SAO)  are made available  to the DCCBs for financing agriculture purposes viz. credit limit for NMOOP, NFSM- Pulses NPDP,(DTP and other crops (OC)

A.  ST Credit Limit for Other Crops

      During the year 2022-23 total credit limit of Rs.5720.99 crore sanctioned for financing crops other than oilseed and pulses to DCCBs.

B.  Short term Credit limit for National Mission on oilseeds and oil palm programme(NMOOP)

      During the year 2022-23, under National Mission on Oil seeds and Oil Palm programme(NMOOP), total credit limit of Rs.4981.07 crore sanctioned to DCCBs.

C.  Short term Credit limit for National mission for security for food (NFSM)    

      During the year 2022-23, under National Food Security Mission programme (NFSM) , total credit limit of Rs.97.75 crore sanctioned to DCCBs.

D.   Short term Credit limit for Development of Tribal Population  (DTP)

      From the year 1995-96, Govt. of India had started special programme for development of tribal population. During the year 2022-23, under the above programme (DTP), total credit limit of Rs.1088.22 crore sanctioned to DCCBs.

Fertilizers Cash Credit Limit

During the year  2022-23, Fertilizers  cash  credit  limit of Rs. 190.00 crores was sanctioned to  DCCBs for the purchase of fertilizer from Marketing Federation and distribution of the same to the farmers through the Primary Agricultural Credit Cooperative  Societies.  During the year 2022-23, the farmers were distributed 22.58 lakh Metric Tones of fertilizer through Primary Agricultural Credit Cooperative Societies.

Kisan Credit Card Yojana

With a view to facilitate  the  member farmers, Kisan  Credit  cards are being provide by the  Primary Agricultural Credit Societies. The year-wise progress in distribution of Kisan credit cards is as under:-

Short term crop loan at 0 % rate of  Interest:-

From the year 2012-13 as per the decision of the State Govt. famers in the state are being provided crop loan up to Rs. 3.00 lacs at 0 % interest rate to those who are regular in repaying the loan within the due date. For providing crop loan at 0% State and Central Govt. are providing interest Subvention to the PACS.

Loan entry on the land record portal

The Department of Revenue has made the provision of making the online entry of crop loans and agricultural term loans by the District Co-operative Central Banks and their affiliated cooperative societies of their member farmers on the land record portal. Up-to 31.03.2023 entry of 27.15 Lakh farmers have been completed.