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Home News News and Press Release Month 9 2011 2011 (9) This

Subsidy to Farmers.

2-9-2011
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Press Information Bureau

Government of India

Ministry of Finance

02-September-2011 18:05 IST

Subsidy to Farmers

            Considering the special needs of the Indian farmers, the Government has been providing them interest subvention on short term crop loans. The quantum of subsidized agricultural loans disbursed by banks during the last three years is as under:

 

Year

Amount of subsidized loans disbursed (Rs. in crore)

 

Public Sector Banks

Cooperative Banks and RRBs

Total

2008-09

94,147.87

62,642.72

156,790.59

2009-10

128,164.75

86,748.05

214,932.80

2010-11

74,344.21*

102,335.49

176,679.70

 (*Provisional,  figures still being compiled)

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.

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