The agriculture credit flow for the year 2020-21 stood at Rs 15,75,398 crore against the target of Rs 15,00,000 crore for the year, said The Economic Survey 2022-23. The agriculture credit flow target for 2021-22 has been fixed at Rs 16,50,000 crore, it added.
Till September 30, 2021 a sum of Rs 7,36,589.05 crore has been disbursed, the survey said.
The government also announced Rs 2 lakh crore concessional credit boost to 2.5 crore farmers through Kisan Credit Cards (KCCs) and banks have issued KCC to 2.70 crore eligible farmers as on January 17, 2022.
The government has also extended the facility of KCC to fisheries and animal husbandry farmers to help them meet their working capital needs in 2018-19. A total of 67,581 KCCs have been issued to fishers and fish farmers till December 17, 2021 and over 14 lakh fresh KCCs were sanctioned for animal husbandry and dairying farmers till December 10, 2021.
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