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: 150
 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);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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 97
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: 151
 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);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
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 97
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) {

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        LATEST NEWS UPDATES | To reduce rural distress, Narendra Modi government to raise agri credit target by 20 pct    </title>
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-The Financial Express

Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While..."/>
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Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While..." />
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    <h1 class="cat-box-title">To reduce rural distress, Narendra Modi government to raise agri credit target by 20 pct</h1>
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                            <div align="justify">-The Financial Express<br /><br />Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While the farm credit targets have been overachieved in recent years, the disbursal by October end this fiscal was 67% of the annual plan. The government is confident of exceeding the farm credit target by end of March.&ldquo;There may be an increase of 20% in the target as this is the last full Budget before the (government&rsquo;s) tenure ends in May 2019. The UPA-II government had also raised the target by 20% in its last year in office,&rdquo; an official said. Jaitley had asked banks and cooperatives to lend Rs 10 lakh crore in FY18 as farm loan. Farm loans of Rs 6.71 lakh crore have already been disbursed as on October 31, 2017, official data show.<br /><br />&ldquo;The short-term credit may help address the immediate concerns of the farmers, but it is equally important to earmark a good amount for long-term credit to bring in investment in agriculture,&rdquo; said Shashanka Bhide, director of Madras Institute of Development Studies. The government provides a 2% interest subsidy to small farmers availing loans of up to Rs 3 lakh from banks. Further, farmers who repay their loans within a year are provided an additional interest subsidy of 3%, making the effective cost of the loan to farmers 4%. About 75% of farmers avail the additional subsidy by paying in time, an official said. Outstanding bank credit to agriculture and allied sectors touched Rs 9.88 lakh crore as of November 24, 2017, compared with Rs 9.11 lakh crore a year earlier, showed the RBI data.<br /><br />Please <a href="http://www.financialexpress.com/economy/to-reduce-rural-distress-narendra-modi-government-to-raise-agri-credit-target-by-20-pct/1024583/" title="http://www.financialexpress.com/economy/to-reduce-rural-distress-narendra-modi-government-to-raise-agri-credit-target-by-20-pct/1024583/">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-The Financial Express<br /><br />Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While the farm credit targets have been overachieved in recent years, the disbursal by October end this fiscal was 67% of the annual plan. The government is confident of exceeding the farm credit target by end of March.&ldquo;There may be an increase of 20% in the target as this is the last full Budget before the (government&rsquo;s) tenure ends in May 2019. The UPA-II government had also raised the target by 20% in its last year in office,&rdquo; an official said. Jaitley had asked banks and cooperatives to lend Rs 10 lakh crore in FY18 as farm loan. Farm loans of Rs 6.71 lakh crore have already been disbursed as on October 31, 2017, official data show.<br /><br />&ldquo;The short-term credit may help address the immediate concerns of the farmers, but it is equally important to earmark a good amount for long-term credit to bring in investment in agriculture,&rdquo; said Shashanka Bhide, director of Madras Institute of Development Studies. The government provides a 2% interest subsidy to small farmers availing loans of up to Rs 3 lakh from banks. Further, farmers who repay their loans within a year are provided an additional interest subsidy of 3%, making the effective cost of the loan to farmers 4%. About 75% of farmers avail the additional subsidy by paying in time, an official said. Outstanding bank credit to agriculture and allied sectors touched Rs 9.88 lakh crore as of November 24, 2017, compared with Rs 9.11 lakh crore a year earlier, showed the RBI data.<br /><br />Please <a href="http://www.financialexpress.com/economy/to-reduce-rural-distress-narendra-modi-government-to-raise-agri-credit-target-by-20-pct/1024583/" title="http://www.financialexpress.com/economy/to-reduce-rural-distress-narendra-modi-government-to-raise-agri-credit-target-by-20-pct/1024583/">click here</a> to read more. <br /></div>                                                           
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Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While..."/>
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                            <div align="justify">-The Financial Express<br /><br />Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While the farm credit targets have been overachieved in recent years, the disbursal by October end this fiscal was 67% of the annual plan. The government is confident of exceeding the farm credit target by end of March.&ldquo;There may be an increase of 20% in the target as this is the last full Budget before the (government&rsquo;s) tenure ends in May 2019. The UPA-II government had also raised the target by 20% in its last year in office,&rdquo; an official said. Jaitley had asked banks and cooperatives to lend Rs 10 lakh crore in FY18 as farm loan. Farm loans of Rs 6.71 lakh crore have already been disbursed as on October 31, 2017, official data show.<br /><br />&ldquo;The short-term credit may help address the immediate concerns of the farmers, but it is equally important to earmark a good amount for long-term credit to bring in investment in agriculture,&rdquo; said Shashanka Bhide, director of Madras Institute of Development Studies. The government provides a 2% interest subsidy to small farmers availing loans of up to Rs 3 lakh from banks. Further, farmers who repay their loans within a year are provided an additional interest subsidy of 3%, making the effective cost of the loan to farmers 4%. About 75% of farmers avail the additional subsidy by paying in time, an official said. Outstanding bank credit to agriculture and allied sectors touched Rs 9.88 lakh crore as of November 24, 2017, compared with Rs 9.11 lakh crore a year earlier, showed the RBI data.<br /><br />Please <a href="http://www.financialexpress.com/economy/to-reduce-rural-distress-narendra-modi-government-to-raise-agri-credit-target-by-20-pct/1024583/" title="http://www.financialexpress.com/economy/to-reduce-rural-distress-narendra-modi-government-to-raise-agri-credit-target-by-20-pct/1024583/">click here</a> to read more. <br /></div>                                                           
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To reduce rural distress, Narendra Modi government to raise agri credit target by 20 pct

Published on Jan 23, 2018   Modified on Jan 23, 2018

-The Financial Express Finance minister Arun Jaitley may announce agricultural credit target of Rs 12 lakh crore for 2018-19, up 20% from the level for the current year, as he lends focus to addressing rural distress in the coming Budget. While the farm credit targets have been overachieved in recent years, the disbursal by October end this fiscal was 67% of the annual plan. The government is confident of exceeding the farm credit target by end of March.“There may be an increase of 20% in the target as this is the last full Budget before the (government’s) tenure ends in May 2019. The UPA-II government had also raised the target by 20% in its last year in office,” an official said. Jaitley had asked banks and cooperatives to lend Rs 10 lakh crore in FY18 as farm loan. Farm loans of Rs 6.71 lakh crore have already been disbursed as on October 31, 2017, official data show. “The short-term credit may help address the immediate concerns of the farmers, but it is equally important to earmark a good amount for long-term credit to bring in investment in agriculture,” said Shashanka Bhide, director of Madras Institute of Development Studies. The government provides a 2% interest subsidy to small farmers availing loans of up to Rs 3 lakh from banks. Further, farmers who repay their loans within a year are provided an additional interest subsidy of 3%, making the effective cost of the loan to farmers 4%. About 75% of farmers avail the additional subsidy by paying in time, an official said. Outstanding bank credit to agriculture and allied sectors touched Rs 9.88 lakh crore as of November 24, 2017, compared with Rs 9.11 lakh crore a year earlier, showed the RBI data. Please click here to read more.

The Financial Express, 22 January, 2018, http://www.financialexpress.com/economy/to-reduce-rural-distress-narendra-modi-government-to-raise-agri-credit-target-by-20-pct/1024583/

Tagged with: Farm Loans Agricultural Credit

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