177
2004-05, commercial banks have accounted for 50% of the ground-level
assistance for all allied activities, RRBs 20% and cooperative banks 30%. In
the ‘others’ category, commercial banks have accounted for 80% because of the
involvement of RIDF funds in it.
Overall, there is thus a growing share of ground-level credit being
earmarked by commercial banks for allied activities in which the potential for
growth is indeed high. Simultaneously, a growing proportion is being earmarked
for rural infrastructure activities which may indirectly support agricultural
growth. While there is thus a felt-need for rural infrastructures, commercial
banks in particular are also probably finding such lending activities easier and
more profitable to undertake.
Table 5.23: Sanctions and Disbursements Under RIDF for Various Sectors
(Amount in rupees, crore)
Amount
Sanctioned
Per cent
to Total
Amount
Phased
Per cent
to Total
Amount
Disbursed
Per cent
to Total
March 2012
Irrigation
42,586
29.9
Rural Roads & Bridges
615,23
43.2
Social Sector
209,23
14.7
Power
2,274
1.6
Others
151,65
10.6
Total
142,471
100.0
March 2010
Irrigation
333,42
32.1
28629
33.4
21987
32.1
Rural Roads & Bridges
45,282
43.7
37257
43.5
31419
45.9
Social Sector
13,611
13.1
10317
12.1
7979
11.7
Power
1,980
1.9
1670
2.0
1301
1.9
Others
9,503
9.2
7724
9.0
5753
8.4
Total
103,718
100.0
85,597
100.0
68,440
100.0
March 2009
Irrigation
29,166
33.0
24,923
33.8
18,873
33.7
Rural Roads & Bridges
38,313
43.4
32,299
43.8
25,653
45.8
Social Sector
11,051
12.5
8,347
11.3
6,022
10.7
Power
1,845
2.1
1,543
2.1
1,230
2.2
Others
7,984
9.0
6,620
9.0
4,273
7.6
Total
88,359
100.0
73,734
100.0
56,052
100.0
March 2007
Irrigation
20,432
33.2
17,552
33.4
12,752
34.0
Rural Roads & Bridges
27,140
44.1
23,783
45.2
18,011
48.0
Social Sector
6,988
11.4
5,432
10.3
3,039
8.1
Power
1,434
2.3
1,381
2.6
932
2.5
Others
5,547
9.0
4,431
8.4
2,825
7.5
Total
61,540
100.0
52,579
100.0
37,560
100.0
Source:
NABARD, Annual Report, 2011-12 and earlier issues.
