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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 2018-19 target of Rs.16000.00crores was fixed for disbursement of agricultural production loans by District Central Cooperative Banks, against which Rs.12597.43 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 2018-19, NABARD has sanctioned ST(SAO)credit limit of   Rs. 2074.00  crores for financing crops other than oilseed and pulses. In addition to it Apex Bank has also sanctioned credit limit of Rs. 1172.00 crores from its own resources. Total credit limit sanctioned for financing other crops stood as Rs.3246.50  crores..

 

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

 

            During the year 2018-19 under  National Mission on oilseeds and oil palm programme, NABARD has sanctioned credit limit of Rs.2151.00 crores to the DCCBs. Apart from this Apex Bank also sanctioned credit limit of Rs.778.52  crores from its on resources raising the aggregate credit limit of Rs.2929.52 crores.

 

 

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

      

            3 DCCBs  were  sanctioned  total  credit  limit  of  Rs.49.00  crores by the NABARD  for the  year 2018-19. Apart from this Apex Bank also sanctioned credit limit of Rs.8.00 crores from its on resources raising the aggregate credit limit of Rs. 57.00 crores.

 

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

 

            In the year 1995-96, Govt. of  India  has  started  special programme for development of Tribal populace. Under the above programme and credit limit of Rs.426.00 crores was sanctioned by NABARD to 14 District banks for the year 2018-19.an additional limit of Rs.293.00 crores was also sanctioned by Apex bank from it own resources there fore the total limit of Rs.719.00 crores was sanctioned.

 

Disbursement of loan for Small / Marginal Farmers

 

During the year 2018-19, an  amount of Rs. 5722.98 crores  was sanctioned  to small and marginal farmers of the State in short term agricultural production loan.

 

Fertilizers Cash Credit Limit

 

During the year  2018-19, Fertilizers  cash  credit  limit of Rs.  84.50 crores was sanctioned to 15 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 2018-19, the farmers were distributed 21.23 lakh Metric Tones of fertilizer through Primary Agricultural Credit Cooperative Societies.

 

 

 

Agricultural Loan Disbursement 

       

During the year 2018-19 target of Rs.16000.00 crores was fixed for disbursement   for agriculture production loan through Primary Agricultural Credit Societies of the State. Year wise Progress of loan disbursement in Kharif and Rabi season through Primary Agricultural Credit Societies as under:-    

                                                                                       (Rs. In Crores) 

Year

KHARIF
Disbursement

RABI
Disbursement

TOTAL
Disbursement

Percentage Growth as compared to   2011-12

Target

Disburse- ment

Target

Disburse- ment

Target

Disburse- ment

2011-12

4500.00

4812.18

2000.00

2817.09

6500.00

7629.27

-

2012-13

5500.00

6575.93

3000.00

3767.15

8500.00

10343.08

135.57

2013-14

7800.00

8074.69

4200.00

4611.52

12000.00

12686.21

166.28

2014-15

9750.00

8528.70

5250.00

5069.18

15000.00

13597.88

178.28

2015-16

11700.00

9309.39

6300.00

4279.05

18000.00

13588.44

178.10

2016-17

9800.00

8017.41

5200.00

3924.00

15000.00

11941.41

157.76

2017-18

10000.00

8874.43

6000.00

4102.20

16000.00

12976.63

170.09

2018-19

11000.00

9803.86

5000.00

2793.57

16000.00

12597.43

165.11

 

 

Kisan Credit Card Yojana

With a view to facilitate  the  member farmers  Credit  card  scheme was introduced in 15 District which is now extended to all over the State through our District Central Co-operative Banks and Primary Agricultural Credit Societies. The year-wise progress in distribution of Kisan credit cards is as under:-

 

 

 

 

Year 

Total number of KCCs

 issued since inception

2011-12

4292172

2012-13

4564052

2013-14

4733963

2014-15

5151829

2015-16

5262534

2016-17

5403523

2017-18

5705808

2018-19

4614440

 

            We are the major shareholders in the distribution of Kisan Credit Card of the State.  As on 31.03.2019, out of the total 6194049  KCC distributed of the State, our share is 4614440 which constitute 74.49% of the total.

 

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

As per the decision of the State Govt. farmers are being provided crop loan up to rupees 3.00 lacs at 0 % rate of interest who are repaying the loan within time from 2012-13. For this interest subvention of 6 % is provided by the State Govt. and 5 % (2+3) by the Central Govt. From year 2012-13 to 2018-19 an amount of rupees 2797.70 crores is received from State Govt. and made available to the primary agricultural credit societies of the State.

 

Mukhyamantri Rin Samadhan Yojana

State Government have implemented Mukhya Mantri Rin Samadhan Yojana in the year 2018-19 such that interest amount of overdue loan of defaulted member farmers were waived off on depositing the Principal amount of loan 80% of the waived amount have borne by the State Government and 20% by the Primary Agriculture Credit Societies. Interest amount of Rs.1084.50 Crore of 4.99 lakh farmers have been waived off under this Scheme.

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