Lok Sabha Question No. 3162 (UNSTARRED), answered on 2022-03-22
Subject: Funds for Agricultural Loans
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: Mahabali Singh

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE

## DEPARTMENT OF AGRICULTURE AND FARMERS WELFARE

## LOK SABHA UNSTARRED QUESTION No. 3162

TO BE ANSWERED ON 22 nd  MARCH, 2022

## FUNDS FOR AGRICULTURAL LOANS

3162.    SHRI MAHABALI SINGH:

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

- (a) whether the Government has allocated funds for agriculture loans in the country keeping in view the COVID-19 global pandemic;
- (b) if  so,  the  total  quantum  of  funds  allocated  to  Bihar  along  with  the  State-wise details thereof;
- (c) whether  the  Government  proposes  to  increase  the  amount    of  funds  being granted every year under Pradhan Mantri Kisan Samman Nidhi Yojana of upto Rs 6,000 in view of the losses caused to fields of farmers and due to the COVID-19, lockdown; and
- (d) if so, the details thereof and if not, the reasons therefor?

## ANSWER

MINISTER OF AGRICULTURE AND FARMERS WELFARE कृ ष एंव कसान कयाण मंी (SHRI NARENDRA SINGH TOMAR)

- (a):  Central  Sector  Scheme of financing facility under  'Agriculture  Infrastructure  Fund' was  launched  by  Hon'ble  Prime  Minister  of  India  on  9 th August  2020  under  Aatma Nirbhar Bharat Package. The scheme provides following support for creation of postharvest management infrastructure and community farming assets;
1. Interest  Subvention: All loans  under this financing facility have  interest subvention of 3% per annum up to a limit of Rs. 2 crore. This subvention is available for

a maximum period of 7 years. In case of loans beyond Rs. 2 crore, interest subvention is limited up to Rs. 2 crore.

2. Credit Guarantee: Credit guarantee coverage is available for eligible borrowers from  this  financing  facility  under  Credit  Guarantee  Fund  Trust  for  Micro  and  Small Enterprises (CGTMSE) scheme for a loan up to Rs. 2 crore. The fee for this coverage will be paid by the Government. In case of FPOs the credit guarantee may be availed from the facility created under FPO promotion scheme of DA&FW.

Concessional  Credit  boost  to  farmers :  As  announced  by  the  Department  of Agriculture&  Farmers  Welfare  on  6th  February  2020  the  special  Kisan  Credit  Card (KCC) Saturation  Drive  for  PM  Kisan  beneficiaries  was  formally  launched  by  Hon'ble PM  on  29th  February,  2020  at  Chitrakoot,  UP.  The  drive  which  started  on  10th  of February and continued till April 2020 created a positive impact, resulting in receipt of approx. total 75 lakh KCC application.

Thereafter, the drive was made part of the Atmanirbhar Bharat Package with the objective  to  cover  2.5  crore  farmers,  including  Fishermen  and  Dairy  farmers  with  a credit boost of Rs. 2 lakh crore. As a result of sustained and concerted efforts by the banks and other stakeholders in the direction of providing access to concessional credit to  the  farmers  a  major  milestone  has  been  achieved  by  covering  around  2.92  crore farmers under the KCC scheme with sanctioned credit limit of Rs. 3.20 lakh crore as on 25 th February, 2022.

Support  to  fishermen: The  Pradhan  Mantri Matsya Sampada Yojana (PMMSY) has been  launched  for  integrated,  sustainable,  and  inclusive  development  of  marine  and inland  fisheries.  Under  this  scheme,  Rs.  11,000  crores  will  be  spent  on  activities  in Marine, Inland fisheries, Inland fisheries and Aquaculture and Rs. 9,000 crores will be spent for developing infrastructure (such as fishing harbours, cold chain, markets).

Animal Husbandry infrastructure development : An Animal Husbandry Infrastructure Development Fund of Rs. 15,000 crores has been set up, with the aim of supporting private  investment  in  dairy  processing,  value  addition,  and  cattle  feed  infrastructure. Incentives will be given for establishing plants for export of niche dairy products.

(b): The state wise allocated target is indicative in nature and calculated based on the share of the state in agriculture production of the country and amount will be distributed among states on first cum first serve basis. However, the overall financial limit of the scheme  will  remain  Rs.  1  lakh  crore  under  the  fund.  Under  the  scheme,  tentative allocation of Rs. 3980 crore has been done for Bihar. State-wise allocation under the scheme is Annexed.

## Tentative Allocation of Financing Facility among States/UTs

|   Sl. No. | State                   |   Financing Facility INR Crore |
|-----------|-------------------------|--------------------------------|
|         1 | Uttar Pradesh           |                          12831 |
|         2 | Rajasthan               |                           9015 |
|         3 | Maharashtra             |                           8460 |
|         4 | Madhya Pradesh          |                           7440 |
|         5 | Gujarat                 |                           7282 |
|         6 | West Bengal             |                           7260 |
|         7 | Andhra Pradesh          |                           6540 |
|         8 | Tamil Nadu              |                           5990 |
|         9 | Punjab                  |                           4713 |
|        10 | Karnataka               |                           4525 |
|        11 | Bihar                   |                           3980 |
|        12 | Haryana                 |                           3900 |
|        13 | Telangana               |                           3075 |
|        14 | Kerala                  |                           2520 |
|        15 | Odisha                  |                           2500 |
|        16 | Assam                   |                           2050 |
|        17 | Chhattisgarh            |                           1990 |
|        18 | Jharkhand               |                           1445 |
|        19 | Himachal Pradesh        |                            925 |
|        20 | Jammu & Kashmir &Ladakh |                            900 |
|        21 | Uttarakhand             |                            785 |

## Annexure

| Sl. No.   | State                | Financing Facility INR Crore   |
|-----------|----------------------|--------------------------------|
| 22        | Tripura              | 360                            |
| 23        | Arunachal Pradesh    | 290                            |
| 24        | Nagaland             | 230                            |
| 25        | Manipur              | 200                            |
| 26        | Mizoram              | 196                            |
| 27        | Meghalaya            | 190                            |
| 28        | Goa                  | 110                            |
| 29        | Delhi                | 102                            |
| 30        | Sikkim               | 56                             |
| 31        | Puducherry           | 48                             |
| 32        | A & N Islands        | 40                             |
| 33        | Daman & Diu          | 22                             |
| 34        | Lakshadweep          | 11                             |
| 35        | Dadra & Nagar Haveli | 10                             |
| 36        | Chandigarh           | 9                              |
|           | Total                | 1,00,000                       |

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