192
Better Regional Distribution of RIDF
In the initial phase, say until the first eleven tranches, I to XI (which have
now been closed), the state-wise distribution of sanctions and disbursements
were somewhat skewed. It was found that the highest proportions of over 30%
each of sanctions as well as disbursements had been assigned to the southern
region which is the most well-banked region. Of the 7.28 lakh villages in the
country, only 11% belong to the southern region or as said earlier, only 18% of
the country’s farm households reside in this region.
On the other hand, the three less-banked regions, namely, central,
eastern and north-eastern, which together account for near - about 70% of
the villages or 58% of farm households, had got just 38% of the RIDF project
funds sanctioned and 35.4% of the project funds disbursed during the above
phase (Table 6.9). Amongst the eastern region states, Bihar, which is the largest
and the least banked one, had got only 2.3% and 0.8% of the sanctions and
disbursements, respectively; it has 7.9% of rural households or an equivalent
proportion of farmer households.
A number of factors like the issues of governance and organisational
initiative, population density, and the absorptive capacity for the RIDF
funds themselves, may have played a role. Even so,
a priori
there is reason
Table 6.7: Allocations, Sanctions and Disbursements
(As on 31 March 2012)
Tranche
Allocation
Cumulative Amount (
`
in crore)
% Utilised
Sanctioned Phased Disbursed
Closed Tranches (I to XI)
50000
50233 50233
44203
88
Ongoing Tranches
XII
10000
10377 10377
8368
81
XIII
12000
12596 12594
9982
79
XIV
14000
14723 14674
10738
73
XV
14000
15638
9390
9459
101
XVI
16000
18202 11000
7747
70
XVII
1600
19207
2271
3809
168
Warehousing
02000
2253*
970*
1118*
115*
Sub-total
84000
92996 61276
51221
84
Bharat Nirman
18500
18500 18500
18500
100
G. Total
152500
161729 130009
113924
88
* inclusive of
`
759 crore sanctioned and released as Refinance under Warehousing Facilities to Banks
Source:
NABARD (2012): Annual Report 2011-12, p.38.
