According to a NABARD report, total crop loan credit to Maharashtra for 2017-18 is Rs 58,862 crore. According to a NABARD report, total crop loan credit to Maharashtra for 2017-18 is Rs 58,862 crore. Forty-lakh debt-ridden farmers, who remained out of the institutional credit system since 2012 because of their outstanding loans, will once again be eligible to seek fresh crop loans from next month. The biggest concern and challenge before the government is to expand the crop loan credit bracket to facilitate every farmer to avail loans. Still, according to a NABARD projection, “the crop loan credit for five districts in western Maharashtra will be Rs 20,762 crore.

Source: Indian Express September 24, 2017 00:39 UTC