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Press Information Bureau
Government of India
Ministry of Finance
02-September-2011 18:09 IST
Loans to Rural Poor
The ratio of the loan disbursed to the Small and Marginal Farmers to the total loan disbursed by the Government financial institutions and Self Help Groups during the last two years and the current financial year is given as under: (Rs. Crore)
Financial Year | Total Disbursement | Disbursement to SF/MF | % of SF/MF to total disbursement |
2009-10 | 384,514.2 | 118,277.11 | 30.76 |
2010-11 (Provisional) | 446,778.98 | 163,189.65 | 36.53 |
2011-12 (Position upto 31 May 2011) | 60,724.78 | 23,256.79 | 38.3 |
The ratio of loan disbursed to SF/MF to total agricultural loan disbursed is on an increasing trend.
The loan disbursed by the financial institutions to the SHG during last two years and 2010-11 is indicated below:
year | No of SHG credit linked (in lakhs) | Loan Disbursed (Amount Rs crore) |
2008-09 | 16.10 | 12253.51 |
2009-10 | 15.87 | 14453.30 |
2010-11 (Provisional) | 12.23 | 14492.00 |
Source : NABARD Publication (2008-09, 2009-10 Status Micro-finance in India)
This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to an Unstarred Question in Lok Sabha today.
DSM/ SS/PM
Loans to small and marginal farmers rising, increasing share of agricultural credit and stronger SHG credit linkage noted. Loans to Small and Marginal Farmers have increased as a proportion of total disbursements by government financial institutions and Self Help Groups, showing an upward trajectory in the share of agricultural lending to that beneficiary category. The release also records credit linkage and aggregate loan amounts to Self Help Groups, noting numbers of SHGs credit linked and corresponding loan totals, sourced from a national development bank publication and provided in a parliamentary written reply. of Press 'Enter' after typing page number.
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