18-09-13
Crop loan disbursement to farmers dips this Kharif
* NDCCB has not received refinance from Maharashtra State Co-operative Bank
Staff Reporter
The
farmers in Nagpur district expected good harvest this year but their
hopes were dampened by hig-intensity rainfall causing floods. Many were
forced to opt for re-sowing this Kharif season. For the purpose, they
required money. However, officials figures show that even the
institutionalised crop loan disbursement this time is lower than that in
the previous year.
As per the official data, the crop loan disbursement was Rs 141.18 crore
in 2008-09. As against the target of Rs 266.66 crore, the actual
disbursement was only 52.94 per cent. The next year, disbursement was
102.96 per cent of the target. In 2010-11, it declined again to 79.88
per cent of target; followed by slight rise to 83.36 per cent of the
target the next year. In 2012-13, the target for crop loan disbursement
was Rs 650.19 crore and actual disbursement was more than that at Rs
678.55 crore.
For the Kharif season of 2013-14, the Government had set a target of Rs
691.47 crore for crop loan distribution to farmers. The loan was to be
disbursed through Nagpur District Central Co-operative Bank (NDCCB)
Limited, nationalised banks, and rural banks. There was a good demand
from farmers. However, sources in the Co-operatives Department and
Agriculture Department said, there were problems with loan disbursement
through NDCCB as well as nationalised/commercial banks.
As per the official report, NDCCB has not received refinance from
Maharashtra State Co-operative Bank and hence it could not disburse crop
loan to all its eligible members. Till August 31, 2013, NDCCB could
disburse crop loan of Rs 179.11 crore to 26,841 of its members. The
office of District Deputy Registrar contacted remaining 8,973 farmers
for preparing their crop loan applications to be made to nationalised
banks. Of these members, around 7,500 received crop loan from commercial
banks and 1,200 had denied to go to commercial banks.
According to officials in the know of things, there were certain issues
relating to conversion of loans also. In 2012-13, a total of 124
villages in Nagpur district had reported below 50 per cent of the normal
yield. The actual crop loan disbursed in these villages was Rs 23.4471
crore through 53 primary agricultural co-operative societies. And, 448
farmers were eligible for conversion of loan amount of Rs 2.8035 crore.
Considering their case positively, the district administration has
requested all commercial banks to finance these farmers.
Sources said that crop loan disbursement this Kharif season has been
lower than that last year. This has created troubles specially for
farmers opting for resowing due to floods. As a result, added sources,
there is likelihood of many farmers turning to private money-lenders for
debt.
Crop loan disbursement in five years
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Year Target Achievement Percentage
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2008-09 Rs 266.66 cr Rs 141.18 cr 52.94%
2009-10 Rs 293.20 cr Rs 301.87 cr 102.96%
2010-11 Rs 411.41 cr Rs 328.65 cr 79.88%
2011-12 Rs 570.10 cr Rs 475.25 cr 83.36%
2012-13 Rs 650.19 cr Rs 678.55 cr 104.36%
2013-14 Rs 691.47 cr Rs 512.21 cr 74.07%
(Kharif/
till Aug)
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