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 2019-20 target of Rs.18000.00crores was fixed for disbursement of agricultural production loans by District Central Cooperative Banks, against which Rs.11471.05 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 2019-20, NABARD has sanctioned ST(SAO) and ASAO credit limit of   Rs. 3173.93 crores for financing crops other than oilseed and pulses. In addition to it Apex Bank has also sanctioned credit limit of Rs. 1219.31 crores from its own resources. Total credit limit sanctioned for financing other crops stood as Rs.4393.24  crores. 

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

             During the year 2019-20 under  National Mission on oilseeds and oil palm programme, NABARD has sanctioned credit limit of Rs.2254.81 crores to the DCCBs. Apart from this Apex Bank also sanctioned credit limit of Rs.974.70  crores from its on resources raising the aggregate credit limit of Rs.3229.51 crores. 

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

            3 DCCBs  were  sanctioned  total  credit  limit  of  Rs.44.32 crores by the NABARD  for the  year 2019-20. Apart from this Apex Bank also sanctioned credit limit of Rs.15 crores from its on resources raising the aggregate credit limit of Rs. 59.32 crores. 

D.   Short term 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.640.79 crores was sanctioned by NABARD to 13 District banks for the year 2019-20.an additional limit of Rs.110.00 crores was also sanctioned by Apex bank from it own resources there fore the total limit of Rs.750.79 crores was sanctioned.

Disbursement of loan for Small / Marginal Farmers - 

During the year 2019-20, an  amount of Rs. 6097.04 crores  was sanctioned  to small and marginal farmers of the State in short term agricultural production loan.

Fertilizers Cash Credit Limit - 

During the year  2019-20, Fertilizers  cash  credit  limit of Rs.110.00 crores was sanctioned to 17 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 2019-20, the farmers were distributed 22.80 lakh Metric Tones of fertilizer through Primary Agricultural Credit Cooperative Societies.

Agricultural Loan Disbursement -        

During the year 2019-20 target of Rs.18000.00 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) 

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 :- 

             We are the major shareholders in the distribution of Kisan Credit Card of the State.  As on 31.03.2020, out of the total 6219118 KCC distributed of the State, our share is 3710890 which constitute 59.67 % 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 % (2012-13 to 2018-19) and 2019-20  5.50% is provided by the State Govt. and 5 % (2+3) by the Central Govt. From year 2012-13 to 2019-20 an amount of rupees 2869.47 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.981.44 Crore of 4.97 lakh farmers have been waived off under this Scheme.