The total credit flow to agriculture upto 30 September, 2005 by Commercial Banks, Cooperative Banks and RRBs is of the order of Rs83,502 crore forming 59% of the annual target of Rs.1,41,000 crore and 111% of the target of Rs.75,000 crore for the period ended September 2005.
The agency wise break up of credit flow is as under:-
Credit disbursed % of total in % achievement
2005-06 over target for the
half-year
(i) PSBs Rs.47,489 cr. 56.87%
(ii) Pvt.Sec.CBs Rs. 8,175 cr. 9.79%
Total CBs Rs.55,664 cr. 66.66% 121.01%
(iii) Coop Banks Rs.19,924 cr. 23.86% 94.87%
(iv) RRBs Rs. 7,914 cr. 9.48% 98.93%
Total Rs.83,502 cr. 111.31%
A comparison over the credit flow in the same period last year shows there is an improved performance this year since by September 2004, only 51% of the target of Rs.105,000 crore for 2004-05 had been achieved.
Details in respect of Cooperative Banks and RRBs are given in the following table:
(Rs. in crore)
| Agency | Crop Loan (% of total) | Term Loan (% of Total) | Total |
| Cooperative Bank | 18,230 (91%) | 1,694 (9%) | 19,924 (100%) |
| RRBs | 7,020 (89%) | 894 (11%) | 7,914 (100%) |
As may be seen from the above table, the share of crop loans, both in respect of Cooperative Banks & RRBs is very high, mainly on account of intesive lending for production credit during the kharif season. Normally, the investment credit has a tendency to pick up during the second half of the year.
The details of new farmers financed and KCCs issued by all agencies from April to September, 2005 is as follows:-
(in lakhs)
| Agency | Fresh KCC Issued | New Farmers financed |
| Public Sector Commercial Banks | 21.49 | 21.20 |
| Private Sector Commercial banks | 0.24 | 2.88 |
| Cooperative Banks | 9.33 | 12.83 |
| RRBs | 5.35 | 8.07 |
| Total | 36.41 | 44.98 |
524 agri-clincs have been sanctioned as on 30 September, 2005, Commercial banks have financed 488 agri-clinics, RRBs 34, and Cooperative Banks have financed 2 agri-clinics so far. The figure for the corresponding period of 2004-05 was 208.
In view of 5.39 lakh SHGs having been covered during 2004-05, the target for the year 2005-06 may be up-scaled to 3 lakh.
BSC/BY/GN-387/05