68
doubling of bank credit began in 2004-05, the share of indirect finance in total
agricultural credit, which had been generally at a low ebb ranging from 12% to
16% during 1985 to 2001, began to increase and remained at a higher plateau
thereafter until 2011 ranging from 18% to 28% when the banks have been
implementing the policy of doubling. Though for “priority sector” advances,
there is a limit of 4.5 % of net bank credit, there exists no such limit in the