August 22, 2012 12:36 PM

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Govt to distribute Rs 5 lakh 75 thousand cr by way of agricultural loans

The government is to distribute five lakh seventy-five thousand crore rupees by way of agricultural loans in the current fiscal. The last fiscal's target was four lakh seventy-five thousand crore rupees which crossed the mark of five lakh eleven thousand twenty-nine crore rupees by March, this year. Minister of State for Finance Namo Narain
Meena gave this information in the Lok Sabha today. In a written reply he said the Centre has been setting annual target for lending credit to the agriculture sector.

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