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Agri financing picks up pace in fourth quarter as procurement begins
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While the farmer protest had impacted agri-financing in the November-December period, it has now returned to normalcy, leading agri-financing companies said.
The seven states of Rajasthan, Gujarat, Maharashtra, AP, UP, Punjab and Haryana account for the most demand for agri financing.
Agriculture financing has picked up in the ongoing fourth quarter of fiscal 2021, as large processors, exporters and traders in paddy and groundnut have started procurement and pledge financing.
Leading agri-financing companies said pledge financing for sugar too has picked up as the sector is set to witness higher production.
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