Agricultural Loan Target
Author: Desk February 18, 2019
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:-
# 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.