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/farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991/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/farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991/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 Contextif (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('cakeErr6802c139ec83e-trace').style.display = (document.getElementById('cakeErr6802c139ec83e-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="cakeErr6802c139ec83e-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6802c139ec83e-code').style.display = (document.getElementById('cakeErr6802c139ec83e-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6802c139ec83e-context').style.display = (document.getElementById('cakeErr6802c139ec83e-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6802c139ec83e-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </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">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr6802c139ec83e-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 5898, 'title' => 'Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari', 'subheading' => '', 'description' => '<div align="justify"> The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /> <br /> With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /> <br /> The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /> <br /> &quot;The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles,&quot; the government's mid-year review released in December had stated.<br /> <br /> The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /> <br /> Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /> <br /> Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /> <br /> High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /> <br /> Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /> <br /> Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /> <br /> Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /> <br /> The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /> <br /> The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /> <br /> Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /> </div>', 'credit_writer' => 'The Economic Times, 8 February, 2011, http://economictimes.indiatimes.com/news/economy/farm-credit-target-to-see-20-rise-to-rs-450000-cr/articleshow/7457114.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991', '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) 5991, '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) 5898, 'metaTitle' => 'LATEST NEWS UPDATES | Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari', 'metaKeywords' => 'Agriculture', 'metaDesc' => ' The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government...', 'disp' => '<div align="justify">The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /><br />With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /><br />The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /><br />&quot;The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles,&quot; the government's mid-year review released in December had stated.<br /><br />The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /><br />Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /><br />Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /><br />High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 5898, 'title' => 'Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari', 'subheading' => '', 'description' => '<div align="justify"> The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /> <br /> With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /> <br /> The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /> <br /> &quot;The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles,&quot; the government's mid-year review released in December had stated.<br /> <br /> The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /> <br /> Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /> <br /> Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /> <br /> High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /> <br /> Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /> <br /> Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /> <br /> Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /> <br /> The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /> <br /> The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /> <br /> Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /> </div>', 'credit_writer' => 'The Economic Times, 8 February, 2011, http://economictimes.indiatimes.com/news/economy/farm-credit-target-to-see-20-rise-to-rs-450000-cr/articleshow/7457114.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991', '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) 5991, '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) 5898 $metaTitle = 'LATEST NEWS UPDATES | Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari' $metaKeywords = 'Agriculture' $metaDesc = ' The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government...' $disp = '<div align="justify">The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /><br />With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /><br />The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /><br />&quot;The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles,&quot; the government's mid-year review released in December had stated.<br /><br />The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /><br />Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /><br />Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /><br />High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</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/farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991.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 | Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari | Im4change.org</title> <meta name="description" content=" The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government..."/> <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"> </td> </tr> <tr id="topspace"> <td> </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>Farm credit target to see 20% rise to Rs 4,50,000 cr 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 align="justify">The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /><br />With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /><br />The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /><br />"The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles," the government's mid-year review released in December had stated.<br /><br />The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /><br />Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /><br />Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /><br />High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. "What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised," said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as "priority" by the Reserve Bank of India . <br /></div> </font> </td> </tr> <tr> <td> </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
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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6802c139ec83e-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6802c139ec83e-code').style.display = (document.getElementById('cakeErr6802c139ec83e-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6802c139ec83e-context').style.display = (document.getElementById('cakeErr6802c139ec83e-context').style.display == 'none' ? 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Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /> <br /> Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /> <br /> Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /> <br /> Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /> <br /> The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /> <br /> The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /> <br /> Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /> </div>', 'credit_writer' => 'The Economic Times, 8 February, 2011, http://economictimes.indiatimes.com/news/economy/farm-credit-target-to-see-20-rise-to-rs-450000-cr/articleshow/7457114.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991', '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) 5991, '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) 5898, 'metaTitle' => 'LATEST NEWS UPDATES | Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari', 'metaKeywords' => 'Agriculture', 'metaDesc' => ' The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government...', 'disp' => '<div align="justify">The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /><br />With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /><br />The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /><br />&quot;The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles,&quot; the government's mid-year review released in December had stated.<br /><br />The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /><br />Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /><br />Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /><br />High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. 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Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /> <br /> Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /> <br /> Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /> <br /> Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /> <br /> The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /> <br /> The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /> <br /> Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /> </div>', 'credit_writer' => 'The Economic Times, 8 February, 2011, http://economictimes.indiatimes.com/news/economy/farm-credit-target-to-see-20-rise-to-rs-450000-cr/articleshow/7457114.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991', '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) 5991, '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) 5898 $metaTitle = 'LATEST NEWS UPDATES | Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari' $metaKeywords = 'Agriculture' $metaDesc = ' The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government...' $disp = '<div align="justify">The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /><br />With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /><br />The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /><br />&quot;The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles,&quot; the government's mid-year review released in December had stated.<br /><br />The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /><br />Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /><br />Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /><br />High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</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/farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991.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 | Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari | Im4change.org</title> <meta name="description" content=" The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government..."/> <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"> </td> </tr> <tr id="topspace"> <td> </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>Farm credit target to see 20% rise to Rs 4,50,000 cr 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 align="justify">The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /><br />With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /><br />The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /><br />"The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles," the government's mid-year review released in December had stated.<br /><br />The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /><br />Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /><br />Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /><br />High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. "What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised," said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as "priority" by the Reserve Bank of India . <br /></div> </font> </td> </tr> <tr> <td> </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
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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6802c139ec83e-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6802c139ec83e-code').style.display = (document.getElementById('cakeErr6802c139ec83e-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6802c139ec83e-context').style.display = (document.getElementById('cakeErr6802c139ec83e-context').style.display == 'none' ? 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Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /> <br /> Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /> <br /> Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /> <br /> Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /> <br /> The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /> <br /> The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /> <br /> Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /> </div>', 'credit_writer' => 'The Economic Times, 8 February, 2011, http://economictimes.indiatimes.com/news/economy/farm-credit-target-to-see-20-rise-to-rs-450000-cr/articleshow/7457114.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991', '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) 5991, '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) 5898, 'metaTitle' => 'LATEST NEWS UPDATES | Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari', 'metaKeywords' => 'Agriculture', 'metaDesc' => ' The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government...', 'disp' => '<div align="justify">The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /><br />With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /><br />The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /><br />&quot;The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles,&quot; the government's mid-year review released in December had stated.<br /><br />The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /><br />Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /><br />Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /><br />High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 5898, 'title' => 'Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari', 'subheading' => '', 'description' => '<div align="justify"> The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /> <br /> With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /> <br /> The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /> <br /> &quot;The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles,&quot; the government's mid-year review released in December had stated.<br /> <br /> The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /> <br /> Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /> <br /> Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /> <br /> High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /> <br /> Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /> <br /> Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /> <br /> Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /> <br /> The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /> <br /> The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /> <br /> Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /> </div>', 'credit_writer' => 'The Economic Times, 8 February, 2011, http://economictimes.indiatimes.com/news/economy/farm-credit-target-to-see-20-rise-to-rs-450000-cr/articleshow/7457114.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991', '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) 5991, '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) 5898 $metaTitle = 'LATEST NEWS UPDATES | Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari' $metaKeywords = 'Agriculture' $metaDesc = ' The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government...' $disp = '<div align="justify">The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /><br />With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /><br />The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /><br />&quot;The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles,&quot; the government's mid-year review released in December had stated.<br /><br />The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /><br />Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /><br />Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /><br />High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. &quot;What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised,&quot; said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as &quot;priority&quot; by the Reserve Bank of India . <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</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/farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991.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 | Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari | Im4change.org</title> <meta name="description" content=" The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government..."/> <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"> </td> </tr> <tr id="topspace"> <td> </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>Farm credit target to see 20% rise to Rs 4,50,000 cr 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 align="justify">The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /><br />With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /><br />The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /><br />"The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles," the government's mid-year review released in December had stated.<br /><br />The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /><br />Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /><br />Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /><br />High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. "What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised," said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as "priority" by the Reserve Bank of India . <br /></div> </font> </td> </tr> <tr> <td> </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
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Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /> <br /> Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /> <br /> Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /> <br /> Banks are confident of meeting these higher targets. "What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised," said the IDBI executive director and head corporate banking, BK Batra.<br /> <br /> The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /> <br /> The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /> <br /> Under the current norms, banks are required to set aside 18% of their total advances for agriculture. 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Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. "What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised," said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as "priority" by the Reserve Bank of India . <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 5898, 'title' => 'Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari', 'subheading' => '', 'description' => '<div align="justify"> The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /> <br /> With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /> <br /> The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /> <br /> "The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles," the government's mid-year review released in December had stated.<br /> <br /> The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /> <br /> Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /> <br /> Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /> <br /> High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /> <br /> Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /> <br /> Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /> <br /> Banks are confident of meeting these higher targets. "What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised," said the IDBI executive director and head corporate banking, BK Batra.<br /> <br /> The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /> <br /> The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /> <br /> Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as "priority" by the Reserve Bank of India . <br /> </div>', 'credit_writer' => 'The Economic Times, 8 February, 2011, http://economictimes.indiatimes.com/news/economy/farm-credit-target-to-see-20-rise-to-rs-450000-cr/articleshow/7457114.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'farm-credit-target-to-see-20-rise-to-rs-450000-cr-by-dheeraj-tiwari-5991', '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) 5991, '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) 5898 $metaTitle = 'LATEST NEWS UPDATES | Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari' $metaKeywords = 'Agriculture' $metaDesc = ' The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore. With the agriculture sector seen growing at 5.4% in the current fiscal, the government...' $disp = '<div align="justify">The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.<br /><br />With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official.<br /><br />The upheavel in the micro-finance sector will also necessitate greater lending by banks.<br /><br />"The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles," the government's mid-year review released in December had stated.<br /><br />The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore.<br /><br />Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said.<br /><br />Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore.<br /><br />High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%.<br /><br />Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10.<br /><br />Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10.<br /><br />Banks are confident of meeting these higher targets. "What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised," said the IDBI executive director and head corporate banking, BK Batra.<br /><br />The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010.<br /><br />The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time.<br /><br />Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as "priority" by the Reserve Bank of India . <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Farm credit target to see 20% rise to Rs 4,50,000 cr by Dheeraj Tiwari |
The budget for the next fiscal is likely to step up the target for farm credit to 4,50,000 crore, up 20% from the current year's 3,75,000 crore.
With the agriculture sector seen growing at 5.4% in the current fiscal, the government will push banks to disburse more to the sector to maintain the momentum, said a senior government official. The upheavel in the micro-finance sector will also necessitate greater lending by banks. "The micro-finance sector, which has been an important source of credit to the acriculture sector, however, faces some troubles," the government's mid-year review released in December had stated. The target for 4,50,000 crore is expected to include direct farm credit of 2,70,000 crore and indirect credit of 1,80,000 crore. Around 30% increase in credit disbursed through Kisan Credit Cards is also not ruled out, the official said. Indian Banks Association data show credit flow to agriculture in fiscal 2010-11 up to November 30 stands at 2,60,463 crore, about 70% of the annual target of 3,75,000 crore. High food inflation has exposed severe shortcomings in the farm sector and its ability to meet food security. Farm productivity needs to rise significantly to feed a rising population and adjust to changes in consumption. For instance, demand for pulses, fruit and vegetables, milk, eggs and meat has risen sharply as incomes have grown. The average food inflation in the 52 weeks to January 22 was 17.33%. Higher farm credit, which will allow greater use of inputs, will be vital if farm productivity is to be increased. Credit disbursement has increased over four times from 86,981 crore in 2003-04 to 366,981.82 crore (provisional) in 2009-10. Last fiscal, the government had increased the lending target for farm sector by 15% to 3,75,000 crore from 3,25,000 crore in 2009-10. Banks are confident of meeting these higher targets. "What is important is that equal investments should flow in developing infrastructure in the sector such as warehouses and cold storage so that enhanced productivity is not left underutilised," said the IDBI executive director and head corporate banking, BK Batra. The government wants to make sure that such lending does not lead to a spike in non-performing assets of banks. RBI data show that the total NPAs in agriculture stood at 8,330 crore at the end of March 2010. The 2% interest subsidy on timely repayment of loans is likely to continue. The effective cost of short-term crop loan comes to 5% if a farmer repays his debt on time. Under the current norms, banks are required to set aside 18% of their total advances for agriculture. It is included in the target of 40% to all sectors classified as "priority" by the Reserve Bank of India . |