copenlu/druid huggingface dataset:
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2018-01-22): Budget 2018: Government may hike agri-credit target to Rs 11 lakh crore [...] NEW DELHI: The farm credit target is likely to be raised by a whopping Rs 1 lakh crore to a record Rs 11 lakh crore in the Budget 2018-19 to improve credit flow in the agriculture sector, according to sources. [...] "The government's priority is agriculture. There is a possibility that the credit disbursal target for the agriculture sector will further be increased to Rs 11 lakh crore for the next fiscal," sources said.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2018-01-22): New Delhi, Jan 22 (PTI) The farm credit target is likely to be raised by a whopping Rs 1 lakh crore to a record Rs 11 lakh crore in the Budget 2018-19 to improve credit flow in the agriculture sector, according to sources. In the current fiscal, the government has kept a credit target of Rs 10 lakh crore. Of which, Rs 6.25 lakh crore has already been disbursed in the first six months till September 2017, the government data showed. "The governments priority is agriculture. There is a possibility that the credit disbursal target for the agriculture sector will further be increased to Rs 11 lakh crore for the next fiscal," sources said.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2018-01-22): New Delhi: The farm credit target is likely to be raised by a whopping Rs 1 lakh crore to a record Rs 11 lakh crore in the Budget 2018-19 to improve credit flow in the agriculture sector, according to sources. In the current fiscal, the government has kept a credit target of Rs 10 lakh crore. Of which, Rs 6.25 lakh crore has already been disbursed in the first six months till September 2017, the government data showed. "The government’s priority is agriculture. There is a possibility that the credit disbursal target for the agriculture sector will further be increased to Rs 11 lakh crore for the next fiscal," sources said. Since credit is a critical input in achieving higher farm output, the institutional credit will help delink farmers from non-institutional sources of credit where they are compelled to borrow at usurious rates of interest, they said. Normally, farm loan attracts an interest rate of 9 percent. But the government has been providing interest subvention to make available short-term farm credit at an affordable rate and help boost farm output. The government is providing 2 percent interest subsidy to ensure farmers get short-term farm loan of up to Rs 3 lakh at an effective rate of 7 percent per annum. An additional incentive of 3 percent is being given to farmers for prompt repayment of loans within due date, making an effective interest rate for them at 4 percent.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2018-01-30): NEW DELHI: The farm credit target is likely to be raised by a whopping Rs 1 lakh crore to a record Rs 11 lakh crore in the upcoming budget to improve credit flow in the agriculture sector, according to sources. In the current fiscal, the government has kept a credit target of Rs 10 lakh crore. Of which, Rs 6.25 lakh crore has already been disbursed in the first six months till September 2017, the government data showed. "The government's priority is agriculture. There is a possibility that the credit disbursal target for the agriculture sector will further be increased to Rs 11 lakh crore for the next fiscal," sources said.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2018-01-22): Home / Budget / News / Economy / Budget 2018: Agri-credit likely to increase to Rs 11 trn for better flow Budget 2018: Agri-credit likely to increase to Rs 11 trn for better flow [...] The farm credit target is likely to be raised by a whopping Rs 1 trillion (Rs 1 lakh crore) to a record Rs 11 trillion (Rs 11 lakh crore) in the Budget 2018-19 to improve credit flow in the agriculture sector, according to sources.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2018-02-01): New Delhi: In a major bonanza to farmers, finance minister Arun Jaitley on Thursday announced fixing support price of Kharif crops like paddy at least 50% higher than the cost of production, while raising farm credit target for the next fiscal by 10% to Rs11 lakh crore. [...] Jaitley said the NDA had promised that farmers will be offered at least 50% more than the cost of production and the government is sensitive towards this. He also proposed hiking the agricultural credit target for the next fiscal by Rs1 lakh crore to a whopping Rs11 lakh crore. The target was Rs8.5 lakh crore in 2014-15 and has been gradually increasing under the NDA government. The government will set up fisheries and aqua culture infra fund and animal husbandry infra fund with an outlay of Rs10,000 crore.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2018-02-01): In a major bonanza to farmers, Finance Minister Arun Jaitley on Thursday announced fixing support price of Kharif crops like paddy at least 50 per cent higher than the cost of production, while raising farm credit target for the next fiscal by 10 per cent to ₹11 lakh crore. [...] He also proposed hiking the agricultural credit target for the next fiscal by ₹1 lakh crore to a whopping ₹11 lakh crore. The target was ₹8.5 lakh crore in 2014-15 and has been gradually increasing under the NDA government.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2018-01-22): The farm credit target is likely to be raised by a whopping Rs 1 lakh crore to a record Rs 11 lakh crore in the Budget 2018-19 to improve credit flow in the agriculture sector, according to sources. In the current fiscal, the government has kept a credit target of Rs 10 lakh crore. Of which, Rs 6.25 lakh crore has already been disbursed in the first six months till September 2017, the government data showed. "The government’s priority is agriculture. There is a possibility that the credit disbursal target for the agriculture sector will further be increased to Rs 11 lakh crore for the next fiscal," sources said.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2018-02-01): Budget 2018: Jaitley raises institutional credit target for agriculture to Rs 11 lakh crore The raised farm loan target comes amid simmering discontent in India’s villages hit by crashing prices of crops and seasonal shocks.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2019-02-18): The third claim is that farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. The Finance minister, in his budget speech (2018-19) announced that the target for the institutional credit for the agricultural sector has been raised to 11 lakh crore rupees from 10 lakh crores in 2017-18 and from 8.5 lakh crore in 2014-15. In the 2013-14 budget, the then Finance Minister had announced increasing the target of farm credit to 7 lakh crore rupees for 2013-14. The following graph shows the increase in farm credit targets in the Union budget since 2009-10. The data has been gathered from the union budget speeches over the years.Successive governments have increased farm credit target every year. During the 2nd term of UPA between 2009-10 to 2013-14, the farm credit target increased from 3.3 lakh crore rupees to 7 lakh crore rupees (an increase of more than 100%). On the other hand, during the current government, the farm credit target has increased from 8 lakh crore rupees in 2014-15 to 11 lakh crore rupees in 2018-19 (an increase of about 40%). [...] Fact: Farm credit target has been set at 11 lakh crores in the budget of 2018-19. Though it is a record high, this is inline with the increase that happens every year during successive governments. Hence, the claim is PARTLY TRUE. It also has to be noted that successive governments have increased the farm credit target and the increase during the UPA-2 was over 100%, more than the percentage increase during the current government.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2021-12-21): The Budget allocation for Ministry of Agriculture & FW has been increased to Rs. 1,24,000 crore in 2022-23. [...] A Micro Irrigation Fund of initial corpus Rs 5000 crore has been created with NABARD. In the Budget Announcement for 2021-22, the corpus of the fund is to be increased to Rs.10000 crores. Upto January, 2022, projects worth Rs 3970.17 crore covering 12.83 lakh hectares were approved whereas till December, 2022 projects worth 4710.96 crore covering 17.09 lakh hectares have been approved.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2024-09-26): According to a 2018 report from the Reserve Bank of India ₹15.3 lakh crore (15.3 trillion rupees on the short scale) of the ₹15.41 lakh crore in demonetised bank notes, or approximately 99.3%, were deposited in banks, leading analysts to state that the effort had failed to remove black money from the economy.[11][12] The BSE SENSEX and NIFTY 50 stock indices fell over 6% on the day after the announcement.[13] The move reduced the country's industrial production and its GDP growth rate.[14] It is estimated that 1.5 million jobs were lost.[15] The move also saw a significant increase in digital and cashless transactions throughout the country.[16] [...] The shortage of cash led to plunge in demand which in turn led to a crash in the prices of crops. Farmers were unable to recover even the costs of transportation from their fields to the market from the low prices offered.[137][138] Some farmers dumped their produce in protest against the government.[139][140]
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2024-07-05): India's economic story during the first half of the current financial year highlighted the unwavering support the government gave to its capital expenditure, which, in 2023-24, stood 37.4% higher than the same period last year. In the budget of 2023-24, capital expenditure took lead by steeply increasing the capital expenditure outlay by 37.4 % in BE 2023-24 to Rs.10 lakh crore (US$ 120.12 billion) over Rs. 7.28 lakh crore (US$ 87.45 billion) in RE 2022-23. The ratio of revenue expenditure to capital outlay increased by 1.2% in the current year, signalling a clear change in favour of higher-quality spending. Stronger revenue generation because of improved tax compliance, increased profitability of the company, and increasing economic activity also contributed to rising capital spending levels. In February 2024, the Finance Ministry announced the total expenditure in Interim 2024-25 estimated at Rs. 47,65,768 crore (US$ 571.64 billion) of which total capital expenditure is Rs. 11,11,111 crore (US$ 133.27 billion).
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2024-02-01): Micro, small, and medium enterprises (MSMEs) and agriculture, two crucial sectors of the economy employing a large portion of India’s population, require enhanced access to credit and other facilitations. A World Bank report, titled MSME Finance Gap, released in 2018, estimates the global credit gap in the MSME segment at nearly $5trillion. Nearer home, a 2022 Finance Committee report reveals a credit gap of Rs 20-25 lakh crore in India, indicating significant funding shortages in the MSME sector.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2024-10-09): Target for lending to total priority sector and weaker section will continue as 40 per cent and 10 per cent, respectively, of Adjusted Net Bank Credit (ANBC) or credit equivalent of off-balance sheet exposure, whichever is higher, as hitherto. [...] Achievement of priority sector targets will be taken into account while granting regulatory clearances / approvals for various purposes. With effect from April 1, 2018, achievement of priority sector targets will be included as a criterion for classifying a UCB as Financially Sound and Well Managed (FSWM), in addition to the criteria specified in our circulars UBD.CO.LS.(PCB).Cir.No.20/07.01.000/2014-15 and DCBR.CO.LS.(PCB).Cir.No.4/07.01.000/2014-15 dated October 13, 2014 and January 28, 2015 respectively. For the financial year 2018-19, shortfall in achieving the priority sector target / sub-target will be assessed based on the position as on March 31, 2018. From the financial year 2019-20 onwards, the achievement at the end of the financial year will be arrived at based on the average of priority sector target / sub-target achievement as at the end of each quarter. Illustrative example is given in Annex-II. [...] The present distinction between direct and indirect agriculture is dispensed with. Instead, the lending to agriculture sector has been re-defined to include (i) Farm Credit (which will include short-term crop loans and medium / long-term credit to farmers) (ii) Agriculture Infrastructure and (iii) Ancillary Activities. A list of eligible activities under the three subcategories is indicated below:
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2022-12-30): Launch of PM-KISAN in 2019 -an income support scheme providing Rs. 6000 per year in 3 equal installments. More than Rs. 2.24 lakh crore has been released so far to more than 11 crore farmers as of now. [...] 4. Institutional credit for agriculture sector - Increased from Rs. 7.3 lakh crore in 2013-14 with a target to reach Rs. 18.5 lakh crore in 2022-23. [...] - Cycle-I (2015 to 2017) – 10.74 crore - Cycle-II (2017 to 2019)- 12.19 crore - Model Village Programme (2019-20)- 23.71 lakh - In the year 2020-21- 11.52 lakh 13. Setting up of National Agriculture Market (e-NAM) extension Platform - 1260 mandis of 22 States and 03 UTs have been integrated to e-NAM platform.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2024-10-09): Over the past ten years, the total institutional credit availed by farmers has increased at CAGR 7.8%.19 In 2021-22, the Ministry had targeted to provide Rs 16.5 lakh crore worth of credit to the farmers.[52] It exceeded its target by 13%. It aims to provide Rs 18.5 lakh crore as agricultural credit in 2022-23. As access to credit has increased, the proportion of short-term credit has been reducing since 2012-13 (See Figure 11). However, it rose from 57% in 2020-21 to 60% in 2021-22 (as of December 2022). A higher share of short-term credit indicates that farmers are borrowing to meet their recurring expenditure needs, rather than funding long-term investments. Figure 11: Flow of institutional credit availed by agricultural sector (in Rs lakh crore) [...] Table 7: Allocation towards agricultural credit schemes (in Rs crore)
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2020-01-07): RPO targets and obligations are not clear, and the RPO compliance cell has just started on 22.05.2018 to collect the monthly reports on compliance and deal with non-compliance issues with appropriate authorities.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2017-11-29): Farm credit target raised to Rs 11 lakh crore for 2018-19 from Rs 10 lakh crore in 2017-18. [...] Farm Credit raised to 11 lakh crore in 2018-19 from 8.5 lakh crore in 2014-15. [...] Under SSA. the RE for 2016-17 was Rs 22500 crore out of which 96.35% was spent. The RE for 2017-18 was allocated at Rs 23500 crore out of which 82.21% has been released as on 28 02.2018. The BE for 2018-19 has been increased by 11.2% to Rs 26128.81 crore.
Claim: Farm credit target has been raised to a record high of 11 lakh crore rupees for 2018-19. (Govt. of India, 2018-05-26)
Evidence (2021-12-01): With the objective to mobilise resources to expand coverage of micro-irrigation, a Micro-Irrigation Fund (MIF) with corpus of Rs. 5000 crores was created under NABARD during 2018-19. As on 01.12.2021, projects with loans under MIF amounting to Rs. 3970.17 crore have been approved for 12.81 lakh hectares of micro-irrigation area. Further the Survey highlights that under Pradhan Mantri Krishi Sinchayee Yojana, as on 14.12.2021 total area of 59.37 lakh hectares has been covered under micro-irrigation in the country from 2015-16. [...] Agricultural Credit and Marketing According to the Economic Survey, the agricultural credit flow for the year 2021-22 has been fixed at Rs. 16,50,000 crores and till 30th September 2021, against this target a sum of Rs.7,36,589.05 crores has been disbursed. Moreover, under Atma Nirbhar Bharat programme, the government also announced Rs. 2 lakh crore concessional credit boost to 2.5 crore farmers through Kisan Credit Cards (KCC). Towards this end, banks have issued KCCs to 2.70 crore eligible farmers as on 17.01.2022. Further Government has extended the KCC facility to fisheries and animal husbandry sector in 2018-19.
Claim: Bhutan has become the first country in the world without Mosques (SOCIAL MEDIA POST, 2023-05-30)
Evidence (2023-05-30): There is only a prayer hall provided for Muslims to offer prayers at Bumthang, Ura Highway, in Semtokha, Bhutan. Apart from this prayer hall, no other prayer hall or Mosque was constructed for Muslims in Bhutan. But there are a few other nations like Monaco and Slovakia where there are no establishments of Mosques for Muslims to offer prayers like Bhutan. Hence, the claim made in the post is Misleading.
Claim: Bhutan has become the first country in the world without Mosques (SOCIAL MEDIA POST, 2023-05-30)
Evidence (2024-07-05): "Bhutan is a Buddhist country. Spirituality and religion have a very strong effect," he adds. [...] Modernization is a relative term in Bhutan. Locals will proudly tell you that Thimpu is the only world capital without any traffic lights, and shops and restaurants are locally owned and run. Bhutan is the rare world destination that isn’t full of international brands. While there are a few – outposts of the upscale Le Meridien and Aman hotel chains, for example – even the capital is mostly bereft of corporate logos. [...] It seems impossible to imagine Bhutan without the country’s fifth monarch. Portraits of the king and royal family – he and Queen Jetsun Pema have three young children – are in nearly every home and business in Bhutan, displayed the way other nations might hang up their national flags. Photos of the king are omnipresent in the country’s Buddhist temples, placed alongside pictures of lamas and laden with offerings of flowers, fruits and sweets.
Claim: Bhutan has become the first country in the world without Mosques (SOCIAL MEDIA POST, 2023-05-30)
Evidence (2008-12-01): Nestled in the soaring eastern himalayas between Tibet and India, Bhutan is one of the happiest countries on Earth. How do we know that? Because when researchers at the University of Leicester in the United Kingdom pieced together 100 studies to create the first world map of happiness in 2007, Bhutan ranked first in Asia and eighth in the world—which is extraordinary, given that Bhutan’s Gross Domestic Product ranks 137. [...] Bhutan is, of course, not the only developing country to face such challenges. But how its government is responding to them is unique. To Western eyes, some of their measures may appear overly authoritarian. For instance, when young Bhutanese began imitating the professional wrestling they saw on TV, the state banned wrestling programs. When lawmakers were caught playing computer games on their laptops during legislative sessions, Parliament barred its members from bringing laptops to work. The government also prohibits the sale of tobacco, smoking in public places, plastic bags, and big advertising billboards. [...] Today, Bhutan’s democratic government is working out the fine details. A 32-member committee in Parliament debates every single point in the constitution because traditional features of Bhutanese culture seem at odds with certain ideas borrowed from Western constitutions. For instance, the Buddha’s teaching permeates every aspect of Bhutanese life: Bhutan without Buddhism is not Bhutan. Fortress-like dzhongs have been built since medieval times to function as both administrative and monastic centers. Yet the constitution has an article that points to the separation of religion and politics. Kinga says he has been arguing against that particular clause.
Claim: Bhutan has become the first country in the world without Mosques (SOCIAL MEDIA POST, 2023-05-30)
Evidence (2024-03-29): For instance, there are no traffic lights in the country, just traffic directors, and there is a mythical animal in Bhutan – called the Takin. But perhaps one of the most interesting Bhutan facts is that it has become a shining example of environmental stewardship by declaring itself a carbon-neutral country! Intrigued yet? Let’s dig into more facts about Bhutan then! [...] The abundance of stray dogs in Bhutan, particularly in Thimphu, took me by surprise. They roam freely, and much like the Greeks with their cats, the Bhutanese have adopted these stray street dogs into their heart. An interesting tidbit about Bhutan is that they are the first country in the world to achieve 100% dog sterilization and vaccination! [...] Bhutan was the first nation in the world to completely ban tobacco. Prior to the pandemic, it was illegal to smoke in public or sell tobacco. Anyone caught violating the rules could be fined the equivalent of one month’s salary. This all changed in 2021, when rules changed that allowed for the sale of tobacco products in an effort to stamp out smuggling during the pandemic. However it is still illegal to smoke in public in Bhutan.
Claim: Bhutan has become the first country in the world without Mosques (SOCIAL MEDIA POST, 2023-05-30)
Evidence (2024-09-26): 5. Bhutan is the world’s first carbon-negative country Bhutan gained global attention for being the world's first carbon-negative country. Aside from its relatively underpopulated and underdeveloped status (being roughly the same size as Switzerland with only 10% of its population), a key factor in sustaining this achievement is a landmark constitutional mandate requiring the country to maintain a minimum of 60% forest coverage at all times. This is further supported by the environmental conservation pillar of GNH. [...] Bhutan, a happy and devout Buddhist nation, maintains a low crime rate, with violent crime being scarce. One of the safest countries you’ll ever visit, it’s ranked the 25th-least-corrupt nation out of 180 countries by Transparency International.
Claim: Bhutan has become the first country in the world without Mosques (SOCIAL MEDIA POST, 2023-05-30)
Evidence (2016-04-14): In a few ways, Bhutan has been at the cutting edge of international trends: plastic bags have been banned since 1999 and tobacco is almost wholly illegal.