Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 73,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'catslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 73,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [
			[maximum depth reached]
		]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'catslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
$stackFrame = (int) 1
$trace = [
	(int) 0 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php',
		'line' => (int) 2421,
		'function' => 'deprecationWarning',
		'args' => [
			(int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.'
		]
	],
	(int) 1 => [
		'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
		'line' => (int) 74,
		'function' => 'offsetGet',
		'class' => 'Cake\Http\ServerRequest',
		'object' => object(Cake\Http\ServerRequest) {},
		'type' => '->',
		'args' => [
			(int) 0 => 'artileslug'
		]
	],
	(int) 2 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php',
		'line' => (int) 610,
		'function' => 'printArticle',
		'class' => 'App\Controller\ArtileDetailController',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 3 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 120,
		'function' => 'invokeAction',
		'class' => 'Cake\Controller\Controller',
		'object' => object(App\Controller\ArtileDetailController) {},
		'type' => '->',
		'args' => []
	],
	(int) 4 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php',
		'line' => (int) 94,
		'function' => '_invoke',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(App\Controller\ArtileDetailController) {}
		]
	],
	(int) 5 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php',
		'line' => (int) 235,
		'function' => 'dispatch',
		'class' => 'Cake\Http\ActionDispatcher',
		'object' => object(Cake\Http\ActionDispatcher) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 6 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Http\BaseApplication',
		'object' => object(App\Application) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 7 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php',
		'line' => (int) 162,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 8 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\RoutingMiddleware',
		'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 9 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php',
		'line' => (int) 88,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 10 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Routing\Middleware\AssetMiddleware',
		'object' => object(Cake\Routing\Middleware\AssetMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 11 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php',
		'line' => (int) 96,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 12 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 65,
		'function' => '__invoke',
		'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware',
		'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {},
			(int) 2 => object(Cake\Http\Runner) {}
		]
	],
	(int) 13 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php',
		'line' => (int) 51,
		'function' => '__invoke',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\ServerRequest) {},
			(int) 1 => object(Cake\Http\Response) {}
		]
	],
	(int) 14 => [
		'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php',
		'line' => (int) 98,
		'function' => 'run',
		'class' => 'Cake\Http\Runner',
		'object' => object(Cake\Http\Runner) {},
		'type' => '->',
		'args' => [
			(int) 0 => object(Cake\Http\MiddlewareQueue) {},
			(int) 1 => object(Cake\Http\ServerRequest) {},
			(int) 2 => object(Cake\Http\Response) {}
		]
	],
	(int) 15 => [
		'file' => '/home/brlfuser/public_html/webroot/index.php',
		'line' => (int) 39,
		'function' => 'run',
		'class' => 'Cake\Http\Server',
		'object' => object(Cake\Http\Server) {},
		'type' => '->',
		'args' => []
	]
]
$frame = [
	'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php',
	'line' => (int) 74,
	'function' => 'offsetGet',
	'class' => 'Cake\Http\ServerRequest',
	'object' => object(Cake\Http\ServerRequest) {
		trustProxy => false
		[protected] params => [
			[maximum depth reached]
		]
		[protected] data => [[maximum depth reached]]
		[protected] query => [[maximum depth reached]]
		[protected] cookies => [
			[maximum depth reached]
		]
		[protected] _environment => [
			[maximum depth reached]
		]
		[protected] url => 'latest-news-updates/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'artileslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68028205b03af-trace').style.display = (document.getElementById('cakeErr68028205b03af-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68028205b03af-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68028205b03af-code').style.display = (document.getElementById('cakeErr68028205b03af-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68028205b03af-context').style.display = (document.getElementById('cakeErr68028205b03af-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68028205b03af-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr68028205b03af-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 13326,
		&#039;title&#039; =&gt; &#039;Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 2 March, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas/articlesh&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 13448,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 13326,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Agriculture&#039;,
	&#039;metaDesc&#039; =&gt; &#039;



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;





In the last budget, the government had increased the target...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 13326,
	&#039;title&#039; =&gt; &#039;Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 2 March, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas/articlesh&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 13448,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 13326
$metaTitle = &#039;LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;
$metaKeywords = &#039;Agriculture&#039;
$metaDesc = &#039;



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;





In the last budget, the government had increased the target...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari | Im4change.org</title>
    <meta name="description" content="



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;





In the last budget, the government had increased the target..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&quot; said a senior finance ministry official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&quot; the official said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&quot; said an official with SBI.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a 'top up' or they are seen as mandatory obligations to be fulfilled,&quot; the report stated.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&nbsp;</div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$maxBufferLength = (int) 8192
$file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php'
$line = (int) 853
$message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Code Context
            $response->getStatusCode(),

            ($reasonPhrase ? ' ' . $reasonPhrase : '')

        ));
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68028205b03af-trace').style.display = (document.getElementById('cakeErr68028205b03af-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68028205b03af-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68028205b03af-code').style.display = (document.getElementById('cakeErr68028205b03af-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68028205b03af-context').style.display = (document.getElementById('cakeErr68028205b03af-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68028205b03af-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr68028205b03af-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 13326,
		&#039;title&#039; =&gt; &#039;Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 2 March, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas/articlesh&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 13448,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 13326,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Agriculture&#039;,
	&#039;metaDesc&#039; =&gt; &#039;



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;





In the last budget, the government had increased the target...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 13326,
	&#039;title&#039; =&gt; &#039;Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 2 March, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas/articlesh&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 13448,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 13326
$metaTitle = &#039;LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;
$metaKeywords = &#039;Agriculture&#039;
$metaDesc = &#039;



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;





In the last budget, the government had increased the target...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari | Im4change.org</title>
    <meta name="description" content="



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;





In the last budget, the government had increased the target..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&quot; said a senior finance ministry official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&quot; the official said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&quot; said an official with SBI.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a 'top up' or they are seen as mandatory obligations to be fulfilled,&quot; the report stated.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&nbsp;</div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$reasonPhrase = 'OK'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
Code Context
                    $value

                ), $first);

                $first = false;
$response = object(Cake\Http\Response) {

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68028205b03af-trace').style.display = (document.getElementById('cakeErr68028205b03af-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68028205b03af-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68028205b03af-code').style.display = (document.getElementById('cakeErr68028205b03af-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68028205b03af-context').style.display = (document.getElementById('cakeErr68028205b03af-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68028205b03af-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr68028205b03af-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 13326,
		&#039;title&#039; =&gt; &#039;Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 2 March, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas/articlesh&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 13448,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 13326,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;Agriculture&#039;,
	&#039;metaDesc&#039; =&gt; &#039;



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;





In the last budget, the government had increased the target...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 13326,
	&#039;title&#039; =&gt; &#039;Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Economic Times, 2 March, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas/articlesh&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 13448,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 13326
$metaTitle = &#039;LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari&#039;
$metaKeywords = &#039;Agriculture&#039;
$metaDesc = &#039;



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;





In the last budget, the government had increased the target...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&amp;quot; said a senior finance ministry official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&amp;quot; the official said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&amp;quot; said an official with SBI.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a &#039;top up&#039; or they are seen as mandatory obligations to be fulfilled,&amp;quot; the report stated.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&amp;nbsp;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448.html"/>
    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
    <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css"
          media="all"/>
    <title>LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari | Im4change.org</title>
    <meta name="description" content="



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;





In the last budget, the government had increased the target..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

        $(document).ready(function () {
            var img = $("img")[0]; // Get my img elem
            var pic_real_width, pic_real_height;
            $("<img/>") // Make in memory copy of image to avoid css issues
                .attr("src", $(img).attr("src"))
                .load(function () {
                    pic_real_width = this.width;   // Note: $(this).width() will not
                    pic_real_height = this.height; // work for in memory images.
                });
        });
    </script>
    <style type="text/css">
        @media screen {
            div.divFooter {
                display: block;
            }
        }

        @media print {
            .printbutton {
                display: none !important;
            }
        }
    </style>
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" width="98%" align="center">
    <tr>
        <td class="top_bg">
            <div class="divFooter">
                <img src="https://im4change.in/images/logo1.jpg" height="59" border="0"
                     alt="Resource centre on India's rural distress" style="padding-top:14px;"/>
            </div>

        </td>
    </tr>
    <tr>
        <td id="topspace">&nbsp;</td>
    </tr>

    <tr id="topspace">
        <td>&nbsp;</td>
    </tr>
    <tr>
        <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari</strong></h1>
        </td>
    </tr>
    <tr>
        <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3">
                <div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&quot; said a senior finance ministry official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&quot; the official said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&quot; said an official with SBI.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a 'top up' or they are seen as mandatory obligations to be fulfilled,&quot; the report stated.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&nbsp;</div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

    <tr>
        <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;">
            <form><input type="button" value=" Print this page "
                         onclick="window.print();return false;"/></form>
        </td>
    </tr>
</table></body>
</html>'

}
$cookies = []
$values = [
	(int) 0 => 'text/html; charset=UTF-8'
]
$name = 'Content-Type'
$first = true
$value = 'text/html; charset=UTF-8'
header - [internal], line ??
Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181
Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55
Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141
[main] - ROOT/webroot/index.php, line 39

<head>

    <link rel="canonical" href="<?php echo Configure::read('SITE_URL'); ?><?php echo $urlPrefix;?><?php echo $article_current->category->slug; ?>/<?php echo $article_current->seo_url; ?>.html"/>

    <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>

$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp'
$dataForView = [
	'article_current' => object(App\Model\Entity\Article) {

		'id' => (int) 13326,
		'title' => 'Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari',
		'subheading' => '',
		'description' => '<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
&quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&quot; said a senior finance ministry official.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
&quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&quot; the official said.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
&quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&quot; said an official with SBI.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a 'top up' or they are seen as mandatory obligations to be fulfilled,&quot; the report stated.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&nbsp;
</div>',
		'credit_writer' => 'The Economic Times, 2 March, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas/articlesh',
		'article_img' => '',
		'article_img_thumb' => '',
		'status' => (int) 1,
		'show_on_home' => (int) 1,
		'lang' => 'EN',
		'category_id' => (int) 16,
		'tag_keyword' => '',
		'seo_url' => 'budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448',
		'meta_title' => null,
		'meta_keywords' => null,
		'meta_description' => null,
		'noindex' => (int) 0,
		'publish_date' => object(Cake\I18n\FrozenDate) {},
		'most_visit_section_id' => null,
		'article_big_img' => null,
		'liveid' => (int) 13448,
		'created' => object(Cake\I18n\FrozenTime) {},
		'modified' => object(Cake\I18n\FrozenTime) {},
		'edate' => '',
		'tags' => [
			[maximum depth reached]
		],
		'category' => object(App\Model\Entity\Category) {},
		'[new]' => false,
		'[accessible]' => [
			[maximum depth reached]
		],
		'[dirty]' => [[maximum depth reached]],
		'[original]' => [[maximum depth reached]],
		'[virtual]' => [[maximum depth reached]],
		'[hasErrors]' => false,
		'[errors]' => [[maximum depth reached]],
		'[invalid]' => [[maximum depth reached]],
		'[repository]' => 'Articles'
	
	},
	'articleid' => (int) 13326,
	'metaTitle' => 'LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari',
	'metaKeywords' => 'Agriculture',
	'metaDesc' => '



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;





In the last budget, the government had increased the target...',
	'disp' => '<div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&quot; said a senior finance ministry official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&quot; the official said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&quot; said an official with SBI.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a 'top up' or they are seen as mandatory obligations to be fulfilled,&quot; the report stated.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&nbsp;</div>',
	'lang' => 'English',
	'SITE_URL' => 'https://im4change.in/',
	'site_title' => 'im4change',
	'adminprix' => 'admin'
]
$article_current = object(App\Model\Entity\Article) {

	'id' => (int) 13326,
	'title' => 'Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari',
	'subheading' => '',
	'description' => '<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
&quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&quot; said a senior finance ministry official.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
&quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&quot; the official said.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
&quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&quot; said an official with SBI.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a 'top up' or they are seen as mandatory obligations to be fulfilled,&quot; the report stated.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&nbsp;
</div>',
	'credit_writer' => 'The Economic Times, 2 March, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas/articlesh',
	'article_img' => '',
	'article_img_thumb' => '',
	'status' => (int) 1,
	'show_on_home' => (int) 1,
	'lang' => 'EN',
	'category_id' => (int) 16,
	'tag_keyword' => '',
	'seo_url' => 'budget-2012-finance-ministry-set-to-hike-agriculture-lending-target-despite-sharp-rise-in-npas-by-dheeraj-tiwari-13448',
	'meta_title' => null,
	'meta_keywords' => null,
	'meta_description' => null,
	'noindex' => (int) 0,
	'publish_date' => object(Cake\I18n\FrozenDate) {},
	'most_visit_section_id' => null,
	'article_big_img' => null,
	'liveid' => (int) 13448,
	'created' => object(Cake\I18n\FrozenTime) {},
	'modified' => object(Cake\I18n\FrozenTime) {},
	'edate' => '',
	'tags' => [
		(int) 0 => object(Cake\ORM\Entity) {}
	],
	'category' => object(App\Model\Entity\Category) {},
	'[new]' => false,
	'[accessible]' => [
		'*' => true,
		'id' => false
	],
	'[dirty]' => [],
	'[original]' => [],
	'[virtual]' => [],
	'[hasErrors]' => false,
	'[errors]' => [],
	'[invalid]' => [],
	'[repository]' => 'Articles'

}
$articleid = (int) 13326
$metaTitle = 'LATEST NEWS UPDATES | Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari'
$metaKeywords = 'Agriculture'
$metaDesc = '



The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;





In the last budget, the government had increased the target...'
$disp = '<div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector,&quot; said a senior finance ministry official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months,&quot; the official said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets,&quot; said an official with SBI.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a 'top up' or they are seen as mandatory obligations to be fulfilled,&quot; the report stated.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.&nbsp;</div>'
$lang = 'English'
$SITE_URL = 'https://im4change.in/'
$site_title = 'im4change'
$adminprix = 'admin'

include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51

Budget 2012: Finance ministry set to hike agriculture lending target despite sharp rise in NPAs by Dheeraj Tiwari

The finance ministry is all set to increase the agriculture lending target by around 25% in the budget for 2012-13 despite a sharp increase in the non-performing loans in the sector.  In the last budget, the government had increased the target to 4.75 lakh crore from 3.75 lakh crore in the year before.  "Banks will continue to focus on all priority sector areas. This year more focus will be on direct lending to agriculture sector," said a senior finance ministry official.  The finance ministry has already asked heads of at least five state-run banks to give a status report after they failed to achieve agriculture direct lending target of 13.5% in last three years, the official added.  Goaded by the government, state-run banks have met almost half of their agriculture sector target of 4.75 lakh crore by the end of September 2011 despite a sharp run up in bad loans.  Gross NPAs of the sectors rose to 14,487 crore at the end of March 2011 to 8,330 crore the year before. The finance ministry says concerns over bad loans are overdone.  "Most of agriculture loans get paid after crop season. So, for now they may be bad assets but the number will drastically come down in the next two months," the official said.  The finance ministry has already launched a concessional loan scheme for farmers to who park their produce at warehouses.  The scheme will ensure that farmers will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11-12%.  "Banks are already under pressure to recover loans especially from small farmers. But we also have to meet priority sector targets," said an official with SBI.  According to a report by FICCI-IBA-BCG, the bad loans in the sector continue to be high because of lack of innovation in credit delivery. Banks see MSME and agriculture function only as a 'top up' or they are seen as mandatory obligations to be fulfilled," the report stated.  RBI guidelines require banks to lend 40% of their adjusted net credit to the priority sector, which includes agriculture, small-scale industries and other weaker sections.  If banks fail to meet the priority sector lending target they can buy loans of regional rural banks or micro-finance institutions.