Loan to Agriculture and Micro, Small and Medium Enterprises

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..... Loan to Agriculture and Micro, Small and Medium Enterprises - News and Press Release Dated:- 7-12-2012 - News - Press Information Bureau Government of India Ministry of Finance 07-December-2012 18:38 IST Government of India has been fixing credit for agriculture every year to ensure that adequate credit is made available to farmers by banks. The target and achievement for last t .....

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..... hree years and current year is as under: (Rs. in crore) Year Target Achievement 2009-10 3,25,000 3,84,514.20 2010-11 3,75,000 4,68,291.28 2011-12 4,75,000 5,11,029.09 2012-13 5,75,000 2,39,628.93 (upto Sept. 2012) The credit flow to MSME by the Public and Private Sector Ba .....

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..... nks are as under: Finance Year Disbursement March, 2011 653105.23 March, 2012 712547.62 The ground level credit flow to priority sector which includes agriculture and allied sector is reviewed on a regular basis in the Block Level Bankers Committee Meeting (BLBC), District Level Consultative Committee Meeting (DLCC) and State Level Banker .....

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..... s Committee Meeting (SLBC) under the Lead Bank Scheme of Reserve Bank of India (RBI). Besides, the ground level credit flow to agriculture is also reviewed on an ongoing basis by the Government of India, RBI and NABARD. The allocation of 60 per cent of the micro and small enterprises (MSEs) advances to the micro enterprises is in 3 stages, viz, 50 per cent in the year 2010-11, 55 per cent in the .....

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..... year 2011-12 and 60 per cent in the year 2012-13. This was stated by the Minister of State for Finance, Shri Namo Narian Meena in a written reply to a question in the Lok Sabha today. ***** DSM/RS/ka - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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