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Home News News and Press Release Month 12 2012 2012 (12) This

Loans to Install Handpumps to Marginalized Farmers by Cooperative Commenrcial Banks and Reginal Rural Banks

21-12-2012
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Press Information Bureau

Government of India

Ministry of Finance

20-December-2012 19:21 IST

Hand pumps (Filter Points) is an eligible activity for refinance by National Bank for Agriculture and Rural Development (NABARD) under the Minor Irrigation Sector. The total refinance disbursed under Minor Irrigation Sector during last three years is as under: 

Year

Amount (Rs. in crore)

2009-10

496.73

2010-11

920.61

2011-12

660.51

Reserve Bank of India (RBI) and NABARD have reported that no specific complaints of irregularities in sanctioning these loans during the said period have been received.

This was stated by the Minister of State for Finance Shri Namo Narain Meena in a written reply to a question in the Rajya Sabha today.

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