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Press Information Bureau
Government of India
Ministry of Agriculture & Farmers Welfare
12-February-2019 17:07 IST
Agricultural Loan Target

The Government with a view to enhance the production and productivity in agriculture sector, announces Agriculture Credit Flow Targets every year and these targets have consistently been surpassed by the Banks. The details of Agriculture Credit Flow Targets and achievement along with number of accounts thereon during the last 3 years (2015-16 to 2017-18) is given as under:-

 

(Amount in Rs. Crore  and accounts in lakh)

Year

Target

Achievement

No. of Accounts

2015-16

8,50,000

9,15,510

899.06

2016-17

9,00,000

10,65,755

1070.68

2017-18

10,00,000

11,68,503*

1139.13

* Provisional

# Data Source : Data submitted by Banks in ENSURE portal of NABARD in respect of Cooperative and Regional Rural Banks and data furnished by  Banks through mail in respect of Commercial Banks.

 

The Agriculture Credit Flow Target for 2018-19 has been fixed at Rs, 11,00,000 crore and against this target, as reported by NABARD, the disbursement by Banks till September, 2018 is Rs. 6,45,205 crore.

 

This information was given by Minister of State for Ministry of Agriculture & Farmers Welfare Shri Parshottam Rupala in Lok Sabha today.

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APS/RCS