180
Table 5.26: State-wise/Broad Sector-wise Ground Level Credit (GLC)
Disbursements under Priority Sector
(Amount in rupees, lakh)
Name of the
States/UTs
Primary
Sector
(Agriculture
and
Allied
Activities)#
Percentage
to
Total
Secondary
Sector
(NFS) $
Percentage
to
Total
Service
Sector
(OPS) $
Percentage
to
Total
Total
Priority
Sector
Percentage
to
Total
2001-02
Northern Region 1481532
26.4
379230
23.3
419509
18.3
2280271
23.9
NE Region
11645
0.2
10245
0.6
33317
1.4
55207
0.6
Eastern Region 329231
5.9
65850
4.0
276521
12.0
671602
7.0
Central Region
846144
15.1
220983
13.6
340441
14.8
1407568
14.8
Western Region 966829
17.2
127713
7.8
210968
9.2
1305510
13.7
Southern Region 1974869
35.2
824183
50.6
1017296
44.3
3816348
40.0
Total
5610250
100.0
1628204
100.0
2298052
100.0
9536506
100.0
2003-04
Northern Region 2181869
28.7
510483
24.4
755258
18.0
3447610
24.8
NE Region
29994
0.4
19070
0.9
65506
1.6
114570
0.8
Eastern Region 504740
6.6
104284
5.0
590699
14.1
1199723
8.6
Central Region 1248734
16.4
275432
13.2
510474
12.2
2034640
14.7
Western Region 1012247
13.3
137444
6.6
298303
7.1
1447994
10.4
Southern Region 2613740
34.4
1042010
49.9
1978785
47.1
5634535
40.6
Total
7591324
100.0
2088723
100.0
4199025
100.0
13879072
100.0
# Under Agriculture and Allied Activities CBs figures are taken from RPCD,RBI
$ NABARD Regional Offices/Sub-Offices * State wise data not available
Note:
Figures in
Italics
indicates percentage to total
Source:
NABARD Regional Offices/Sub-Offices
Scarcity of resources with NABARD
It must be added in parenthesis that NABARD’s refinances are growing
in a niggardly fashion because the institution is faced with a serious constraint.
Apart from the stoppage of contribution to the National Rural Credit (Long-Term
Operations) Fund, there are three other developments which have constricted
NABARD’s ability to expand its promotional activities through refinance and
other methods. First, NABARD has been made to approach the market at
market rates of interest. Today about 40% of its working funds are at market
rates of interest as against 19% at the end of March 2003. Second, NABARD’s
profits are being charged to income-tax. Finally, RBI has dispensed with the
practice of giving general line of credit (GLC). The annual line was
`
6,600
crore a few years ago and the entire amount has been recalled by the RBI as on
January 31, 2007.
