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/how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678/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/how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678/print'
		[protected] base => ''
		[protected] webroot => '/'
		[protected] here => '/latest-news-updates/how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678/print'
		[protected] trustedProxies => [[maximum depth reached]]
		[protected] _input => null
		[protected] _detectors => [
			[maximum depth reached]
		]
		[protected] _detectorCache => [
			[maximum depth reached]
		]
		[protected] stream => object(Zend\Diactoros\PhpInputStream) {}
		[protected] uri => object(Zend\Diactoros\Uri) {}
		[protected] session => object(Cake\Http\Session) {}
		[protected] attributes => [[maximum depth reached]]
		[protected] emulatedAttributes => [
			[maximum depth reached]
		]
		[protected] uploadedFiles => [[maximum depth reached]]
		[protected] protocol => null
		[protected] requestTarget => null
		[private] deprecatedProperties => [
			[maximum depth reached]
		]
	},
	'type' => '->',
	'args' => [
		(int) 0 => 'artileslug'
	]
]
deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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

                trigger_error($message, E_USER_WARNING);

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

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8d1c1e97cc-trace').style.display = (document.getElementById('cakeErr67f8d1c1e97cc-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="cakeErr67f8d1c1e97cc-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8d1c1e97cc-code').style.display = (document.getElementById('cakeErr67f8d1c1e97cc-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8d1c1e97cc-context').style.display = (document.getElementById('cakeErr67f8d1c1e97cc-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f8d1c1e97cc-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67f8d1c1e97cc-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 36563,
		&#039;title&#039; =&gt; &#039;How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;
&lt;br /&gt;
As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;
Lending costs&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;
&lt;br /&gt;
The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;
&lt;br /&gt;
The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Hindu, 22 May, 2018, http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4684678,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 36563,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;farming,Farm Loans,Agricultural Credit,Rural Credit&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;&lt;br /&gt;New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;&lt;br /&gt;As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Lending costs&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;&lt;br /&gt;The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;&lt;br /&gt;The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot; title=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 36563,
	&#039;title&#039; =&gt; &#039;How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;
&lt;br /&gt;
As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;
Lending costs&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;
&lt;br /&gt;
The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;
&lt;br /&gt;
The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Hindu, 22 May, 2018, http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4684678,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {},
		(int) 3 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 36563
$metaTitle = &#039;LATEST NEWS UPDATES | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;
$metaKeywords = &#039;farming,Farm Loans,Agricultural Credit,Rural Credit&#039;
$metaDesc = &#039;
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;&lt;br /&gt;New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;&lt;br /&gt;As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Lending costs&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;&lt;br /&gt;The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;&lt;br /&gt;The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot; title=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678.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 | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp; Sobhana K Nair | Im4change.org</title>
    <meta name="description" content="
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

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

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

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

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

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>How agri credit is missing those who really need it -TCA Sharad Raghavan &amp; Sobhana K Nair</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 Hindu<br /><br /><em>Small farmers are getting only 30-40% of loans meant for the sector, says RBI report<br /><br />New Delhi: </em>The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.<br /><br />As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.<br /><br />&ldquo;There are two ways of seeing this,&rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&rdquo;<br /><br /><em>Lending costs<br /></em><br />The RBI&rsquo;s rules are that 18% of a bank&rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&rdquo; Mr. Ramaswami added. &ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&rdquo;<br /><br />What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.<br /><br />The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.<br /><br />The remaining has gone to semi-urban, urban, and metropolitan farmers.<br /><br />&ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&rdquo; Mr. Ramaswami said.<br /><br />&ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&rdquo;<br /><br />The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.<br /><br />Please <a href="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true" title="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true">click here</a> to read more. <br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

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

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

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

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

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

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8d1c1e97cc-trace').style.display = (document.getElementById('cakeErr67f8d1c1e97cc-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="cakeErr67f8d1c1e97cc-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8d1c1e97cc-code').style.display = (document.getElementById('cakeErr67f8d1c1e97cc-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8d1c1e97cc-context').style.display = (document.getElementById('cakeErr67f8d1c1e97cc-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f8d1c1e97cc-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67f8d1c1e97cc-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 36563,
		&#039;title&#039; =&gt; &#039;How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;
&lt;br /&gt;
As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;
Lending costs&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;
&lt;br /&gt;
The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;
&lt;br /&gt;
The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Hindu, 22 May, 2018, http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4684678,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 36563,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;farming,Farm Loans,Agricultural Credit,Rural Credit&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;&lt;br /&gt;New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;&lt;br /&gt;As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Lending costs&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;&lt;br /&gt;The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;&lt;br /&gt;The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot; title=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 36563,
	&#039;title&#039; =&gt; &#039;How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;
&lt;br /&gt;
As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;
Lending costs&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;
&lt;br /&gt;
The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;
&lt;br /&gt;
The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Hindu, 22 May, 2018, http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4684678,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {},
		(int) 3 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 36563
$metaTitle = &#039;LATEST NEWS UPDATES | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;
$metaKeywords = &#039;farming,Farm Loans,Agricultural Credit,Rural Credit&#039;
$metaDesc = &#039;
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;&lt;br /&gt;New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;&lt;br /&gt;As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Lending costs&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;&lt;br /&gt;The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;&lt;br /&gt;The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot; title=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678.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 | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp; Sobhana K Nair | Im4change.org</title>
    <meta name="description" content="
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

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

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

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

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

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>How agri credit is missing those who really need it -TCA Sharad Raghavan &amp; Sobhana K Nair</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 Hindu<br /><br /><em>Small farmers are getting only 30-40% of loans meant for the sector, says RBI report<br /><br />New Delhi: </em>The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.<br /><br />As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.<br /><br />&ldquo;There are two ways of seeing this,&rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&rdquo;<br /><br /><em>Lending costs<br /></em><br />The RBI&rsquo;s rules are that 18% of a bank&rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&rdquo; Mr. Ramaswami added. &ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&rdquo;<br /><br />What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.<br /><br />The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.<br /><br />The remaining has gone to semi-urban, urban, and metropolitan farmers.<br /><br />&ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&rdquo; Mr. Ramaswami said.<br /><br />&ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&rdquo;<br /><br />The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.<br /><br />Please <a href="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true" title="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true">click here</a> to read more. <br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

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

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

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

                ), $first);

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

	'status' => (int) 200,
	'contentType' => 'text/html',
	'headers' => [
		'Content-Type' => [
			[maximum depth reached]
		]
	],
	'file' => null,
	'fileRange' => [],
	'cookies' => object(Cake\Http\Cookie\CookieCollection) {},
	'cacheDirectives' => [],
	'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"
        "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml">
<head>
    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8d1c1e97cc-trace').style.display = (document.getElementById('cakeErr67f8d1c1e97cc-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="cakeErr67f8d1c1e97cc-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8d1c1e97cc-code').style.display = (document.getElementById('cakeErr67f8d1c1e97cc-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f8d1c1e97cc-context').style.display = (document.getElementById('cakeErr67f8d1c1e97cc-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f8d1c1e97cc-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
</span></span></code>
<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
</span></code></span>
<code><span style="color: #000000"><span style="color: #0000BB">&nbsp;&nbsp;&nbsp;&nbsp;</span><span style="color: #007700">&lt;</span><span style="color: #0000BB">meta&nbsp;http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type"&nbsp;</span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html;&nbsp;charset=utf-8"</span><span style="color: #007700">/&gt;
</span></span></code></pre><pre id="cakeErr67f8d1c1e97cc-context" class="cake-context" style="display: none;">$viewFile = &#039;/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp&#039;
$dataForView = [
	&#039;article_current&#039; =&gt; object(App\Model\Entity\Article) {

		&#039;id&#039; =&gt; (int) 36563,
		&#039;title&#039; =&gt; &#039;How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;
&lt;br /&gt;
As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;
Lending costs&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;
&lt;br /&gt;
The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;
&lt;br /&gt;
The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Hindu, 22 May, 2018, http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&#039;,
		&#039;article_img&#039; =&gt; &#039;&#039;,
		&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
		&#039;status&#039; =&gt; (int) 1,
		&#039;show_on_home&#039; =&gt; (int) 1,
		&#039;lang&#039; =&gt; &#039;EN&#039;,
		&#039;category_id&#039; =&gt; (int) 16,
		&#039;tag_keyword&#039; =&gt; &#039;&#039;,
		&#039;seo_url&#039; =&gt; &#039;how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678&#039;,
		&#039;meta_title&#039; =&gt; null,
		&#039;meta_keywords&#039; =&gt; null,
		&#039;meta_description&#039; =&gt; null,
		&#039;noindex&#039; =&gt; (int) 0,
		&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
		&#039;most_visit_section_id&#039; =&gt; null,
		&#039;article_big_img&#039; =&gt; null,
		&#039;liveid&#039; =&gt; (int) 4684678,
		&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
		&#039;edate&#039; =&gt; &#039;&#039;,
		&#039;tags&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
		&#039;[new]&#039; =&gt; false,
		&#039;[accessible]&#039; =&gt; [
			[maximum depth reached]
		],
		&#039;[dirty]&#039; =&gt; [[maximum depth reached]],
		&#039;[original]&#039; =&gt; [[maximum depth reached]],
		&#039;[virtual]&#039; =&gt; [[maximum depth reached]],
		&#039;[hasErrors]&#039; =&gt; false,
		&#039;[errors]&#039; =&gt; [[maximum depth reached]],
		&#039;[invalid]&#039; =&gt; [[maximum depth reached]],
		&#039;[repository]&#039; =&gt; &#039;Articles&#039;
	
	},
	&#039;articleid&#039; =&gt; (int) 36563,
	&#039;metaTitle&#039; =&gt; &#039;LATEST NEWS UPDATES | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;,
	&#039;metaKeywords&#039; =&gt; &#039;farming,Farm Loans,Agricultural Credit,Rural Credit&#039;,
	&#039;metaDesc&#039; =&gt; &#039;
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;&lt;br /&gt;New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;&lt;br /&gt;As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Lending costs&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;&lt;br /&gt;The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;&lt;br /&gt;The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot; title=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;,
	&#039;lang&#039; =&gt; &#039;English&#039;,
	&#039;SITE_URL&#039; =&gt; &#039;https://im4change.in/&#039;,
	&#039;site_title&#039; =&gt; &#039;im4change&#039;,
	&#039;adminprix&#039; =&gt; &#039;admin&#039;
]
$article_current = object(App\Model\Entity\Article) {

	&#039;id&#039; =&gt; (int) 36563,
	&#039;title&#039; =&gt; &#039;How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;
&lt;br /&gt;
As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;
Lending costs&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;
&lt;br /&gt;
The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;
&lt;br /&gt;
The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Hindu, 22 May, 2018, http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&#039;,
	&#039;article_img&#039; =&gt; &#039;&#039;,
	&#039;article_img_thumb&#039; =&gt; &#039;&#039;,
	&#039;status&#039; =&gt; (int) 1,
	&#039;show_on_home&#039; =&gt; (int) 1,
	&#039;lang&#039; =&gt; &#039;EN&#039;,
	&#039;category_id&#039; =&gt; (int) 16,
	&#039;tag_keyword&#039; =&gt; &#039;&#039;,
	&#039;seo_url&#039; =&gt; &#039;how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678&#039;,
	&#039;meta_title&#039; =&gt; null,
	&#039;meta_keywords&#039; =&gt; null,
	&#039;meta_description&#039; =&gt; null,
	&#039;noindex&#039; =&gt; (int) 0,
	&#039;publish_date&#039; =&gt; object(Cake\I18n\FrozenDate) {},
	&#039;most_visit_section_id&#039; =&gt; null,
	&#039;article_big_img&#039; =&gt; null,
	&#039;liveid&#039; =&gt; (int) 4684678,
	&#039;created&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;modified&#039; =&gt; object(Cake\I18n\FrozenTime) {},
	&#039;edate&#039; =&gt; &#039;&#039;,
	&#039;tags&#039; =&gt; [
		(int) 0 =&gt; object(Cake\ORM\Entity) {},
		(int) 1 =&gt; object(Cake\ORM\Entity) {},
		(int) 2 =&gt; object(Cake\ORM\Entity) {},
		(int) 3 =&gt; object(Cake\ORM\Entity) {}
	],
	&#039;category&#039; =&gt; object(App\Model\Entity\Category) {},
	&#039;[new]&#039; =&gt; false,
	&#039;[accessible]&#039; =&gt; [
		&#039;*&#039; =&gt; true,
		&#039;id&#039; =&gt; false
	],
	&#039;[dirty]&#039; =&gt; [],
	&#039;[original]&#039; =&gt; [],
	&#039;[virtual]&#039; =&gt; [],
	&#039;[hasErrors]&#039; =&gt; false,
	&#039;[errors]&#039; =&gt; [],
	&#039;[invalid]&#039; =&gt; [],
	&#039;[repository]&#039; =&gt; &#039;Articles&#039;

}
$articleid = (int) 36563
$metaTitle = &#039;LATEST NEWS UPDATES | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp;amp; Sobhana K Nair&#039;
$metaKeywords = &#039;farming,Farm Loans,Agricultural Credit,Rural Credit&#039;
$metaDesc = &#039;
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Small farmers are getting only 30-40% of loans meant for the sector, says RBI report&lt;br /&gt;&lt;br /&gt;New Delhi: &lt;/em&gt;The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.&lt;br /&gt;&lt;br /&gt;As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;There are two ways of seeing this,&amp;rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &amp;ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Lending costs&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;The RBI&amp;rsquo;s rules are that 18% of a bank&amp;rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &amp;ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&amp;rdquo; Mr. Ramaswami added. &amp;ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.&lt;br /&gt;&lt;br /&gt;The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.&lt;br /&gt;&lt;br /&gt;The remaining has gone to semi-urban, urban, and metropolitan farmers.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&amp;rdquo; Mr. Ramaswami said.&lt;br /&gt;&lt;br /&gt;&amp;ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.&lt;br /&gt;&lt;br /&gt;Please &lt;a href=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot; title=&quot;http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;&lt;/div&gt;&#039;
$lang = &#039;English&#039;
$SITE_URL = &#039;https://im4change.in/&#039;
$site_title = &#039;im4change&#039;
$adminprix = &#039;admin&#039;</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413
Cake\View\View::_render() - CORE/src/View/View.php, line 1374
Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678.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 | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp; Sobhana K Nair | Im4change.org</title>
    <meta name="description" content="
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of..."/>
    <script src="https://im4change.in/js/jquery-1.10.2.js"></script>
    <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script>
    <script language="javascript" type="text/javascript">

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

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

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

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

    <tr>
        <td width="100%">
            <h1 class="news_headlines" style="font-style:normal">
                <strong>How agri credit is missing those who really need it -TCA Sharad Raghavan &amp; Sobhana K Nair</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 Hindu<br /><br /><em>Small farmers are getting only 30-40% of loans meant for the sector, says RBI report<br /><br />New Delhi: </em>The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.<br /><br />As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.<br /><br />&ldquo;There are two ways of seeing this,&rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&rdquo;<br /><br /><em>Lending costs<br /></em><br />The RBI&rsquo;s rules are that 18% of a bank&rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&rdquo; Mr. Ramaswami added. &ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&rdquo;<br /><br />What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.<br /><br />The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.<br /><br />The remaining has gone to semi-urban, urban, and metropolitan farmers.<br /><br />&ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&rdquo; Mr. Ramaswami said.<br /><br />&ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&rdquo;<br /><br />The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.<br /><br />Please <a href="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true" title="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true">click here</a> to read more. <br /></div>               </font>
        </td>
    </tr>
    <tr>
        <td>&nbsp;</td>
    </tr>

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

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

<head>

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

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

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

		'id' => (int) 36563,
		'title' => 'How agri credit is missing those who really need it -TCA Sharad Raghavan & Sobhana K Nair',
		'subheading' => '',
		'description' => '<div align="justify">
-The Hindu<br />
<br />
<em>Small farmers are getting only 30-40% of loans meant for the sector, says RBI report<br />
<br />
New Delhi: </em>The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.<br />
<br />
As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.<br />
<br />
&ldquo;There are two ways of seeing this,&rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&rdquo;<br />
<br />
<em>
Lending costs<br />
</em><br />
The RBI&rsquo;s rules are that 18% of a bank&rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&rdquo; Mr. Ramaswami added. &ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&rdquo;<br />
<br />
What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.<br />
<br />
The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.<br />
<br />
The remaining has gone to semi-urban, urban, and metropolitan farmers.<br />
<br />
&ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&rdquo; Mr. Ramaswami said.<br />
<br />
&ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&rdquo;<br />
<br />
The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.<br />
<br />
Please <a href="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true">click here</a> to read more. <br />
</div>',
		'credit_writer' => 'The Hindu, 22 May, 2018, http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true',
		'article_img' => '',
		'article_img_thumb' => '',
		'status' => (int) 1,
		'show_on_home' => (int) 1,
		'lang' => 'EN',
		'category_id' => (int) 16,
		'tag_keyword' => '',
		'seo_url' => 'how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678',
		'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) 4684678,
		'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) 36563,
	'metaTitle' => 'LATEST NEWS UPDATES | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp; Sobhana K Nair',
	'metaKeywords' => 'farming,Farm Loans,Agricultural Credit,Rural Credit',
	'metaDesc' => '
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of...',
	'disp' => '<div align="justify">-The Hindu<br /><br /><em>Small farmers are getting only 30-40% of loans meant for the sector, says RBI report<br /><br />New Delhi: </em>The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.<br /><br />As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.<br /><br />&ldquo;There are two ways of seeing this,&rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&rdquo;<br /><br /><em>Lending costs<br /></em><br />The RBI&rsquo;s rules are that 18% of a bank&rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&rdquo; Mr. Ramaswami added. &ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&rdquo;<br /><br />What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.<br /><br />The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.<br /><br />The remaining has gone to semi-urban, urban, and metropolitan farmers.<br /><br />&ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&rdquo; Mr. Ramaswami said.<br /><br />&ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&rdquo;<br /><br />The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.<br /><br />Please <a href="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true" title="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true">click here</a> to read more. <br /></div>',
	'lang' => 'English',
	'SITE_URL' => 'https://im4change.in/',
	'site_title' => 'im4change',
	'adminprix' => 'admin'
]
$article_current = object(App\Model\Entity\Article) {

	'id' => (int) 36563,
	'title' => 'How agri credit is missing those who really need it -TCA Sharad Raghavan &amp; Sobhana K Nair',
	'subheading' => '',
	'description' => '<div align="justify">
-The Hindu<br />
<br />
<em>Small farmers are getting only 30-40% of loans meant for the sector, says RBI report<br />
<br />
New Delhi: </em>The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.<br />
<br />
As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.<br />
<br />
&ldquo;There are two ways of seeing this,&rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&rdquo;<br />
<br />
<em>
Lending costs<br />
</em><br />
The RBI&rsquo;s rules are that 18% of a bank&rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&rdquo; Mr. Ramaswami added. &ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&rdquo;<br />
<br />
What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.<br />
<br />
The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.<br />
<br />
The remaining has gone to semi-urban, urban, and metropolitan farmers.<br />
<br />
&ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&rdquo; Mr. Ramaswami said.<br />
<br />
&ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&rdquo;<br />
<br />
The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.<br />
<br />
Please <a href="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true">click here</a> to read more. <br />
</div>',
	'credit_writer' => 'The Hindu, 22 May, 2018, http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true',
	'article_img' => '',
	'article_img_thumb' => '',
	'status' => (int) 1,
	'show_on_home' => (int) 1,
	'lang' => 'EN',
	'category_id' => (int) 16,
	'tag_keyword' => '',
	'seo_url' => 'how-agri-credit-is-missing-those-who-really-need-it-tca-sharad-raghavan-sobhana-k-nair-4684678',
	'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) 4684678,
	'created' => object(Cake\I18n\FrozenTime) {},
	'modified' => object(Cake\I18n\FrozenTime) {},
	'edate' => '',
	'tags' => [
		(int) 0 => object(Cake\ORM\Entity) {},
		(int) 1 => object(Cake\ORM\Entity) {},
		(int) 2 => object(Cake\ORM\Entity) {},
		(int) 3 => 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) 36563
$metaTitle = 'LATEST NEWS UPDATES | How agri credit is missing those who really need it -TCA Sharad Raghavan &amp; Sobhana K Nair'
$metaKeywords = 'farming,Farm Loans,Agricultural Credit,Rural Credit'
$metaDesc = '
-The Hindu

Small farmers are getting only 30-40% of loans meant for the sector, says RBI report

New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of...'
$disp = '<div align="justify">-The Hindu<br /><br /><em>Small farmers are getting only 30-40% of loans meant for the sector, says RBI report<br /><br />New Delhi: </em>The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector.<br /><br />As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu.<br /><br />&ldquo;There are two ways of seeing this,&rdquo; Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. &ldquo;One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.&rdquo;<br /><br /><em>Lending costs<br /></em><br />The RBI&rsquo;s rules are that 18% of a bank&rsquo;s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. &ldquo;The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,&rdquo; Mr. Ramaswami added. &ldquo;So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.&rdquo;<br /><br />What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers.<br /><br />The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers.<br /><br />The remaining has gone to semi-urban, urban, and metropolitan farmers.<br /><br />&ldquo;The point is that these farmers would get credit even without the priority sector lending mandate,&rdquo; Mr. Ramaswami said.<br /><br />&ldquo;It tells you that this calls for a deeper examination of the priority sector lending mandates.&rdquo;<br /><br />The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017.<br /><br />Please <a href="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true" title="http://www.thehindu.com/news/national/how-agri-credit-is-missing-those-who-really-need-it/article23963045.ece?homepage=true">click here</a> to read more. <br /></div>'
$lang = 'English'
$SITE_URL = 'https://im4change.in/'
$site_title = 'im4change'
$adminprix = 'admin'

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

How agri credit is missing those who really need it -TCA Sharad Raghavan & Sobhana K Nair

-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response to its queries, only 42.2% of agricultural credit disbursed in 2016-17 went to small and marginal farmers. The report was accessed by The Hindu. “There are two ways of seeing this,” Bharat Ramaswami, Professor at the Indian Statistical Institute and agricultural economy expert said. “One is that it is not equitable, where some farmers, the larger ones and the ones closer to urban areas, are over-represented in terms of access to credit. Insofar as the priority sector lending mandates are concerned, the mandate is not to reach a particular type of farmer. So, the programme itself is not targeted.” Lending costs The RBI’s rules are that 18% of a bank’s Adjusted Net Bank Credit must go to the agricultural sector and within this, 8% must go to small and marginal farmers. While the banking sector has overall met this limit, there is still an inherent targeting problem arising out of the costs of lending to the sector. “The priority sector lending mandate is in place because it is felt that banks would not otherwise lend as much to this sector,” Mr. Ramaswami added. “So, there are some costs of lending to this sector, and if they are not given this mandate, because of this cost they would not lend as much to the agricultural sector as the government would like them to.” What then happens, he explained, is that banks choose to lend to those areas where the cost of lending is lower, such as those close to urban areas, or to those farmers who are more credit-worthy. That is, the medium and large farmers. The RBI data backs up this assertion, showing that only 34.5% of agricultural credit outstanding as of 2017 has gone to rural farmers. The remaining has gone to semi-urban, urban, and metropolitan farmers. “The point is that these farmers would get credit even without the priority sector lending mandate,” Mr. Ramaswami said. “It tells you that this calls for a deeper examination of the priority sector lending mandates.” The data also shows that the onus of providing agricultural credit is falling on the public sector banks, with 12 out of 23 of the private sector banks for which data is available having failed to meet the 18% lending target for the agricultural sector in 2017. Please click here to read more.