Agriculture credit disbursement surges by 20 percent

[NiceFarmer]

Agricultural credit disbursement by banks surged by 20 percent on year-on-year basis to Rs 149.658 billion in the first seven months (July-January) of the current fiscal year (2011-12).

In absolute terms, disbursement of credit to the agriculture sector increased by over Rs 24.772 billion in July-January, 2012 when compared with total disbursement of Rs 124.886 billion in the same period of the last fiscal year.

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Agriculture credit disbursement surges by 20 percent​