updated: Feb 02 2021, 04:05 ist
Amid no sign of abatement of the farmers protest after more than two months, the Government reached out to farmers yet again after the presentation of the Union Budget, which Prime Minister Narendra said, has farmers at its heart . Discussion is the only solution. The government is open to discussions. Before the commencement of the Parliament session the Prime Minister said that the offer is still on the table. If any farmer has any question, the Agriculture Minister has never denied opportunities for talks, Finance Minister Nirmala Sitharaman said during her post-budget briefing on Monday.
She also emphasised how Agriculture Minister Narendra Singh Tomar has had several rounds of discussions with farmers.
Read more about Govt may hike agriculture credit target to about Rs 19 trn in Budget on Business Standard. With the aim of doubling farmers income by 2022, the government is likely to raise farm credit target to about Rs 19 lakh crore in Budget 2021-22 to be presented on February 1, according to sources.For the current fiscal, the government has set a
Govt may hike agri credit target to about Rs 19 lakh cr in Budget
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Last Updated: Jan 26, 2021, 01:06 PM IST
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Synopsis Non-banking finance companies (NBFCs) and co-operatives are active in the agriculture credit space. The Nabard refinance scheme will be further expanded. Agriculture credit target for the year 2020-21 has been set up at Rs 15 lakh crore, Finance Minister Nirmala Sitharaman had said while announcing the Budget 2020-21.
AFP
Crop loans worth Rs 10.66 lakh crore were disbursed in the 2016-17 fiscal, higher than the credit target of Rs 9 lakh crore.
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For the current fiscal, the government has set a farm credit target of Rs 15
NABARD projects credit potential 15.46% higher than the previous year
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The theme of the State Focus Paper 2021-22 is “Collectivization of Agricultural Produce for enhancing Farmer’s Income”. Sarbananda Sonowal, Chief Minister Assam inaugurated the State Credit Seminar 2021 and unveiled the State Focus Paper 2021-22 prepared by NABARD.
Agencies
Saha, however, expressed his concern that credit to agriculture is showing a declining trend as per data published by SLBC, Assam.
Guwahati: National Bank for Agriculture and Rural Development (NABARD) projects credit potential of Rs 32316.03 crore for Assam for the financial year 2021-22, which is 15.46% higher than the previous year.
Read more about Budget Byte: Farmer income support nears target, but gap remains on Business Standard. This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1