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

Loans to Rural Poor.

2-9-2011
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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.

 

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