The directed credit programme has clearly resulted in a significant increase in the amount of credit allocated to agriculture over the years (Table 3). Moreover, the Government of India also directed commercial banks, RRBs and cooperatives to double the flow of agricultural credit over a span of three years since 2004. Further, the scheme of interest rate subvention was introduced by the since 2006.
17. Growth in agricultural credit and number of accounts, which was on a declining trend during 1990–2000 has picked up in early 2000s and continued till 2006–07, but is again showing a declining trend in the recent years (Chart 5).