Considering this, RBI had set up an Internal Working Group (IW G) in February 2019, to understand the issues and recommend workable solutions to address the constraints. The IW G based on extensive data analysis and research held extensive consultations and deliberations with experts and practitioners in the field and submitted its report in September 2019. 13.
The recommendations of the IW G include building up of an enabling ecosystem through digitisation of land records, reforming of land leasing framework, creation of a national level agency to build consensus among the state governments and central government with regard to agriculture-related policy reforms and innovative digital solutions to bridge the information gap between the banks and farmers for expediting the credit delivery process.