Short Term Crop Production Loans 1 Khariff 29,022 16,691 57.51 Rabi 19,045 - - Total 48,067 16,691 34.72 Agrl.Term Loans 2 Khariff 6,919 2,806 40.55 Rabi 6,919 - - Total 13,838 2,806 20.28 Total Farm Credit Khariff 35,941 19,497 54.25 Rabi 25,964 - - Total 61,905 19,497 31.50 Agriculture Infrastructure Khariff 446 82 18.39 3 Rabi 446 - - Total 892 82 9.19 Ancillary Activities Khariff 1,238 589 47.58 4 Rabi 1,237 - - Total 2,475 589 23.80 Khariff 37,625 20,168 53.60 Rabi 27,647 - - Total Agriculture 65,272 20,168 30.90 The performance of agriculture sector under ACP is 30.90% of the target for the year 2015-16 as against 12.97% of the achievement for the corresponding quarter for the year 2014-15. Union Budget - 2015-16 – Interest Subvention Scheme for Short term Crop Loans during the year 2015-16 - RBI circular No.RBI/2015-16/152 FIDD.No.FSD.BC.59/05.04.02/2015-16, dated August 13, 2015. Government of India has approved the implementation of the Interest Subvention scheme for the year 2015-16 for short term loans upto Rs.3 lakh with the following stipulations. Interest subvention @ 2% per annum will be made available to the Public Sector Banks (PSBs) and the Private Sector Scheduled Commercial Banks (in respect of loans given by their rural and semi-urban branches) on their own funds used for short-term crop loans up to Rs.3,00,000/- (Rs. three lakhs) per farmer provided the lending institutions make available short term credit at the ground level at 7% per annum to the farmers. This 2% interest subvention will be calculated on the crop loan amount from the date of its disbursement/drawal up to the date of actual
1 Short Term Crop Production Loans Khariff Rabi Total 29,022 19,045 48,067 16,691 - 16,691 57.51 - 34.72 2 Agrl.Term Loans Khariff Rabi Total 6,919 6,919 13,838 2,806 - 2,806 40.55 - 20.28 Total Farm Credit Khariff Rabi Total 35,941 25,964 61,905 19,497 - 19,497 54.25 - 31.50 3 Agriculture Infrastructure Khariff Rabi Total 446 446 892 82 - 82 18.39 - 9.19 4 Ancillary Activities Khariff Rabi Total 1,238 1,237 2,475 589 - 589 47.58 - 23.80 Khariff Rabi Total Agriculture 37,625 27,647 65,272 20,168 - 20,168 53.60 - 30.90 The performance of agriculture sector under ACP is 30.90% of the target for the year 2015-16 as against 12.97% of the achievement for the corresponding quarter for the year 2014-15. Union Budget - 2015-16 – Interest Subvention Scheme for Short term Crop Loans during the year 2015-16 - RBI circular No.RBI/2015-16/152 FIDD.No.FSD.BC.59/05.04.02/2015-16, dated August 13, 2015. Government of India has approved the implementation of the Interest Subvention scheme for the year 2015-16 for short term loans upto Rs.3 lakh with the following stipulations. Interest subvention @ 2% per annum will be made available to the Public Sector Banks (PSBs) and the Private Sector Scheduled Commercial Banks (in respect of loans given by their rural and semi-urban branches) on their own funds used for short-term crop loans up to Rs.3,00,000/- (Rs. three lakhs) per farmer provided the lending institutions make available short term credit at the ground level at 7% per annum to the farmers. This 2% interest subvention will be calculated on the crop loan amount from the date of its disbursement/drawal up to the date of actual
191st%20SLBC%20of%20AP%20-%20AGENDA.docx