Farm Credit

Budget 2018: Agri-related stocks surge 10% after Arun Jaitley announces sops for farmers

Shares of agriculture-related stocks surged up to 10 percent after Arun Jaitley said that Budget 2018-19 will focus on strengthening agricultural economy

Budget 2018 may hike agriculture credit target to Rs 11 lakh cr as govt aims to get higher farm output

The govt has been providing interest subvention to make available short-term farm credit at an affordable rate and help boost farm output

With drought looming, political pressure builds up on banks to raise farm lending

Distressed farmers indeed need support, but repeatedly pushing banks to meet farm credit targets, without assessing the risk, is a perfect recipe to create a farm loan bubble.

Farm lending in India is a puzzle; FM must solve it before giving targets for banks

The only option is to plug the leakages in the credit disbursal system to ensure that the loans reach the intended beneficiary