India, March 10 -- The Centre has introduced a series of policy measures aimed at improving institutional credit flow to the agriculture sector, particularly focusing on underserved segments, the government informed Parliament on Tuesday.
Minister of State for Finance Pankaj Chaudhary, in a written reply in the Rajya Sabha, said the government annually sets Ground Level Credit (GLC) targets for agriculture and allied sectors, which banks are required to meet during each financial year. These targets are determined region-wise, agency-wise — including Scheduled Commercial Banks, Regional Rural Banks and Cooperative Banks — and category-wise for crop and term loans. Since 2021–22, dedicated credit targets have also been int...