AGRICULTURAL LOAN

Various types 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 2023-24 target of Rs.23000.00crores was fixed for disbursement of agricultural production loans by District Central Cooperative Banks, against which Rs.19946.53 crores were disbursed.

ST (SAO) Production Loan

A.  ST Credit Limit for Other Crops

     During the year 2023-24 total credit limit of Rs. 7486.83 crore sanctioned for financing crops other than oilseed and pulses to DCCBs against which the DCCBs utilization stood at Rs. 5245.92 crore.

B.  OIL SEED PRODUCTION  PROGRAMME (NMOOP)

 During the year 2023-24, under National Mission on Oil seeds and Oil Palm programme(NMOOP), total credit limit of Rs. 6010.94 crore sanctioned to DCCBs against which the DCCBs utilization stood at Rs. 5410.99 crore.

C.  CREDIT LIMIT FOR PULSES ( NFSM)

During the year 2023-24, under National Food Security Mission programme (NFSM) total credit limit of Rs.102.50 crore sanctioned to DCCBs against which the DCCBs utilization stood at Rs. 53.50 crore.

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 2023-24, under the above programme (DTP), total credit limit of Rs. 1521.67 crore sanctioned to DCCBs against which the DCCBs utilization stood at Rs. 765.59 crore.

FERTILISER CASH CREDIT LIMIT

During the year  2023-24, Fertilizers  cash  credit  limit of Rs. 189.35 crores was sanctioned to 16 DCCBs. 

FERTILISER  DISTRIBUTION

Comparative position of distribution of  fertilizer through PACS  During the year 2022-23 and    2023-24, is given below :-

Kisan Credit Card Yojana

With a view to provide Credit facility to the member farmers, Kisan credit card scheme is being implemented through District Central Coop. Banks & Primary Agricultural Cooperative Credit Societies in the State. 40.05 lacs Kisan Credit Cards were distributed to the farmers through District Central Coop. Banks till March, 2024. 

Interest subvention on Crop Loan and MT Conversion Loan

As per the decision of the state government, crop loans up to Rs.3.00 lakh are being made available through PACS at Zero percent interest rate to the farmers who repay on time from the year 2012-13. Till the year 2018-19, 6 percent interest subsidy was made available by the state government and 5 percent by the central government. In the year 2019-20, interest subsidy provided by the state government was at 5.50 percent and 5 percent by the central government. In the year 2020-21 and 2021-22, interest subsidy by the state government and by the central government was at 5 percent each. However from the year 2022-23, State Govt. is providing interest subvention @5.50% and Govt. of India @4.50%. In the year 2023-24, State government has provided interest subvention to the tune of Rs.532.94 Cr. to cooperative societies on short-term agricultural loans.

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 31.03.2024 entry of 27.67 Lakh farmers have been completed.