Lok Sabha Question No. 292 (STARRED), answered on 2019-01-01
Subject: Data on Farm Credit
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: SHIVAJI ADHALRAO PATIL, ANANDRAO  ADSUL

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE, COOPERATION & FARMERS WELFARE

## LOK  SABHA STARRED QUESTION NO. 292

TO BE ANSWERED ON THE 1 ST  JANUARY, 2019

## DATA ON FARM CREDIT

*292.      SHRI ADHALRAO PATIL SHIVAJIRAO: SHRI ANANDRAO ADSUL:

Will the Minister of AGRICULTURE AND FARMERS WELFARE कृ ष एवं कसान कयाण मंी be pleased to state:

- (a) whether  the  Reserve  Bank  of  India's  data  for  March  2016  on  farm  credit  (Basic Statistical  Returns)  show  that  77  million  agriculture  credit  accounts  with  Scheduled Commercial Banks (SCBs) carry an average loan ticket of Rs. 1.16 lakh and around 70 per cent of them are crop loans and if so, the details thereof;
- (b) whether the Government has studied the aforesaid data and if so, the facts thereof;
- (c) whether the tenant farmers are not benefited from the farm loan waiver schemes of the Union and State Governments as their loans are in the form of gold loans and other forms of short-term credit, rather than crop loans and if so, the facts thereof;
- (d) whether  there  are  three  successful  farmer  benefit  programmes  in  vogue  in  the United  States  of  America  since  2002  such  as  annual  direct  payments,  counter-cyclical payments  if  market  prices  are  below  the  statutorily  determined  target  prices  (MSP)  and loan deficiency payments or marketing loans that provide interim financing and additional income support if market prices fall below the statutorily determined prices; and
- (e) if  so,  whether  the  Government  has  studied  these  programmes  and  if  so,  the response of the Government thereto?

## ANSWER

## MINISTER OF AGRICULTURE AND FARMERS WELFARE

कृ ष एवं कसान कयाण मंी

(SHRI RADHA MOHAN SINGH)

- (a) to (e): A statement is laid on the Table of the House.

## STATEMENT  REFERRED  TO  IN  REPLY  TO  PARTS  (a)  TO  (e)  OF  LOK  SABHA STARRED QUESTION NO.  292     DUE FOR REPLY ON 1 ST  JANUARY, 2019.

- (a) & (b): As  reported  by  the  Reserve  Bank  of  India  (RBI),  the  details  of  outstanding credit to agriculture by Scheduled Commercial Banks (SCB), as on 31 st March, 2016, is as under:-
- (c): Under  the  Agricultural  Debt  Waiver  and  Debt  Relief  Scheme,  2008,  (ADWDR) implemented by Government of India, 'Short Term Production loans disbursed to small and marginal  farmers  including  tenant  farmers,  from  01 st April,  1997  to  31 st March,  2007, overdue as on 31 st December, 2007 and remaining unpaid on 29 th February, 2008, were waived'. Agriculture being a State subject, the State Governments are primarily responsible for the growth and development of agriculture sector and developing perspective plans for their respective States and ensuring effective implementation of the programmes/schemes. The  Government  of  India,  however,  supplements  the  efforts  of  the  State  Governments through  various  Schemes/  Programmes/Policy  measures  formulated  keeping  in  view  the overall as well as region/state specific sectoral requirements.
- (d) & (e): These programmes have not been studied by the Government.

| Occupation          |   Number of Accounts |   Amount outstanding (Rs. in crore) |
|---------------------|----------------------|-------------------------------------|
| Agriculture         |             80186303 |                              996166 |
| 1. Direct Finance   |             76832484 |                              894459 |
| Crop loans          |             53938257 |                              604233 |
| 2. Indirect Finance |              3353819 |                              101707 |

*******