2 0 2 0 - 2 1 P L A N A N N U A L C R E D I Tslbcmadhyapradesh.in/frontmarquee/b9fb541b-9972-471b-a58d-3ba… · processing, and promotion of FPOs & SHGs etc. MSME sector is a vital

ANNUAL CREDITPLAN

2020-21M A D H Y A P R A D E S H

C O N V E N E R - C E N T R A L B A N K O F I N D I A

S L B C , M A D H Y A P R A D E S H

Executive Summary

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The State Level Bankers’ Committee has been bringing out the Annual Credit Plan every year. The endeavor is to sync the Bank’s credit with the potential available in the Blocks and Districts for their development and priorities set out by State Government for equilibrium growth of the State. Bank credit stimulates capital formation and therefore is closely associated with economic growth.

PHOTO

It gives me pleasure in presenting the Annual Credit Plan for Financial Year 2020-21, which is an aggregation of approved district credit plan of all 52 districts. The Plan entails an outlay of Rs 1, 89,250 crore (priority & non-priority sectors) with an increase of 8.03% over previous year’s plan, which will be the minimum benchmark for all the banks.

The credit plan for priority sector has been assessed at Rs 1, 76,217 crore, which denotes an increase of 8.09% over the previous year. The share of agriculture is pegged at Rs 1,34,236 crore, which is 70.93% of total credit plan. Against this, the major share of 51.18% (Rs 96,864 crore) is for crop production through Kisan Credit Cards. The assessment is in tune with the funding requirements for the initiatives of the Government for saturation of KCC of all PM-KISAN beneficiaries, food processing, and promotion of FPOs & SHGs etc.

MSME sector is a vital constituents of the economy. Keeping in view the importance of this sector for the development of entrepreneurial talent and providing employment opportunities, credit disbursal assessment for MSME is targeted at Rs 32,078 crore. The credit assessment for Education, Housing, Export Credit, Social Infrastructure, Renewable Energy and Other Priority Sector are Rs 1037, 7131, 530, 595, 288 & 321 crore respectively.

As the Indian economy reels under the impact of COVID -19, the financial sector and the Government will have to work in tandem to catalyse fast economic recovery. Merger of 10 state-owned banks into 4 entities is effective from 1st April, 2020. Such larger banks with enhanced capacity to increase credit and bigger risk appetite shoulder a big responsibility to meet credit needs of the customers and to boost the economic growth of the state.

I take this opportunity to place on record my sincere thanks to the State Government, NABARD, RBI, LDMs, Officials of SLBC department and Controlling Offices of various banks for providing their cooperation. I hope that this document will enable the policy makers, bankers and other stakeholders in initiating suitable measures for economic development of the State. I look forward to concerted efforts by all the banks in attaining the estimated credit disbursement target under various sectors for the year 2020-21.

[S.D.MAHURKAR] Convenor/SLBC

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1. Important facts of Madhya Pradesh 1

2. About Madhya Pradesh 2.1. Geographical area & population 2 2.2. Language & Religion 3 2.3. Economy 4 2.4. Agriculture 5 2.5. Industry 9 2.6. Miscellaneous 10

3. Banking 12

4. Key Banking Parameters 15

5. Performance under ACP achievement 2019-20 5.1. Agency wise ACP achievement 16 5.2. GLC target and achievement 17 5.3. Disbursement under priority sector over past few years 17

6. Highlights of Annual Credit Plan 2020-21 18

7. Potential Linked Plan (PLP) of NABARD & ACP 2020-21 19

8. Comparative Annual Credit Plan 20

9. Bank wise ACP targets for FY 2020-21 9.1. Agriculture 21 9.2. MSME 22 9.3. Other Priority Sector 23 9.4. Non-Priority Sector 24

10. District wise ACP targets for FY 2020-21 10.1. Agriculture 25 10.2. MSME 26 10.3. Other Priority Sector 27 10.4. Non-Priority Sector 28

Particulars Page No.

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GEOGRAPHICAL FEATURES Total Population in crore as per Census 2011

7.27

Rural Population (cr.) & 5.25 % of rural population to total population 72.21% Urban Population (cr.) 2.02 % of urban population to total population 27.79% Male (cr.) 3.76 Female (cr.) 3.51 Scheduled Castes (cr.) 1.13 % of SC population to total population 15.54% Scheduled Tribes (cr.) 1.53 % of ST population to total population 21.04% Sex Ratio 931 Density/km2 236 Area(Km2) 3,08,245 Literacy 70.63% AGE GROUP WISE POPULATION Population up to 18 years Cr. 2.90 Adult (18-40 years) Cr. 2.72 Adult above 40 years Cr. 1.65 ADMINISTRATIVE FEATURES No. of Districts 52 No. of Division 10 No. of Villages 54,903 No. of Gram Panchayats 23,043 No. of Block/Janpad Panchayats 313 No. of Tehsils 369 Total no. of Households (cr.) 1.51 Rural Households (cr.) 1.11 Working population in the total population 43.5% Govt. PDS Shops 24,710

LAND UTILISATION Gross Cropped Area (GCA) lakh Hectare* 251.14 Net Sown Area (NSA) lakh Hectare* 151.90 Double Cropped Area (lakh Hectare)* 99.23 Crop Intensity (GCA/NSA) 1.65 Gross Irrigated Area (lakh Hectare) 113.94 No. of cultivators (Lakh) 100.03 Of the above, Small/Marginal Farmers 75.60 ECONOMY Gross State Domestic Product (GSDP) at current price 2019-20 (estimated) Lakh crore

9.07

Sectors contribution in GSDP 2017-18 • Agriculture • Industry • Services

45% 20% 35%

BANKING (31.03.2020) Number of Branches

• Rural Branches • Semi-urban Branches • Urban Branches

7,958 2,712

2,588 2,658

Number of ATMs 9,320 No. of Sub Service Area (SSA) 11,864 Number of Business Correspondents 10,343 Total Aggregate Deposits (Cr.) 4,23,556 Number of Post Offices 8,277 Total Credit (Cr.) 3,32,321 Agriculture Advances (Cr.) 1,09,952 Priority Sector Advances (Cr.) 2,04,332 Credit to Weaker Section (Cr.) 69,241 Credit Deposit Ratio 78.46% No. of districts below 40% CD Ratio 9 Number of Lead Banks 7 Per capita Deposits (Rupees) 58,260 Per capita Credit (Rupees) 45,711 No. of Branches per lakh population 11

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GEOGRAPHICAL AREA & POPULATION Madhya Pradesh with an area of 3, 08,252 sq.km is the second largest state in India after Rajasthan, covering 9.38% of total area of the country. It is bordered by the states of Rajasthan to its northwest, Uttar Pradesh to its north, Chhattisgarh to its east, Maharashtra to its south, and Gujarat to its west. • Total population of Madhya

Pradesh as per 2011 census is 7.27 crore, which constitutes 5.99% of total population of the country.

• Male and female are 3.76 crore and 3.51 crore respectively. Female per thousand male is 931. Ratio of rural and urban population is 72:28.

• The Scheduled Castes and the Scheduled Tribes constitute a significant portion of the population of the State and constituting 15.54% (1.13 crore) and 21.04% (1.53 crore) of total population respectively.

• Density of the population (per sq. km) is 236.

• Percentage of working population to total population is 43.5%.

• Percentage of agricultural labourers to total workers is 38.61%.

• Percentage of forest area to Geographical

Area is 30.72%. • Literacy rate is 70.63% as against national rate

of 73%. Of which literacy rate of male and female is 79% and 59% respectively.

All figures as per census 2011

LANGUAGE & RELIGION Hindi is the official language of Madhya Pradesh and it is widely spoken. Apart from Hindi, the languages of Bundeli, Bagheli, Nimari, Marathi, Sindhi, Urdu, and Malwi are the commonly spoken regional dialects. There are several other dialects which are spoken in the state. According to the census of 2011, 90.9% of the state residents follow Hinduism, while others are Muslim (6.6%), Jain (0.8%), Buddhists (0.3%), Christians (0.3%), and Sikhs (0.2%).

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7

Madhya Pradesh is predominantly an agrarian economy that drives the State’s GDP. Agriculture is the largest contributor to the State’s GDP (approximately 45% in GDP & 62% in employment), followed by Industry (20% GDP and 5% in employment) and Service sector (35% in GDP and 33% in employment).

The Gross State Domestic Product (GSDP) of Madhya Pradesh for 2019-20 at current price is estimated to be Rs 9, 06, 672 crore. The primary sector accounts for 44.23% (at current price) of the State’s GVA as of 2019-20 (Estimation). Gross State Domestic Product (GSDP) at current prices & constant prices (2011-12)

Amount in crore

Source-Economic Survey of M.P. 2019-20

Sector wise distribution % of GSDP at current prices & constant prices (2011-12)

At current prices in 2019-20

At constant prices (2011-12) in 2019-20

315562 351683 365134 383944 418736 470669 493517 522009 561801315562380925 439483 479939

541068649823

724729809592

906672

0

200000

400000

600000

800000

1000000

1200000

1400000

1600000

2 0 1 1 - 1 2 2 0 1 2 - 1 3 2 0 1 3 - 1 4 2 0 1 4 - 1 5 2 0 1 5 - 1 6 2 0 1 6 - 1 7 2 0 1 7 - 1 8 2 0 1 8 - 1 9 2 0 1 9 - 2 0

Constant Prices Current Prices

44.23

36.77

19.00

Primary Secondary Tertiary

34.90

24.07

41.03

Primary Secondary Tertiary

ECONOMY

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8

Per capita Income at current prices, Madhya Pradesh vis-à-vis Country Amount in Rupees (actual)

2019-20- Estimation *Source- Economic Survey of M.P. 2019-20

Madhya Pradesh, 2nd largest state, 5th largest population of which 55% engaged in agriculture has witnessed significant growth of agriculture sector in the past 8 years. The State contributes 51% of Soybean and 16% of wheat in national agriculture production scenario. The State is blessed with 11 agro-ecological zones providing ecological support system for production of unique crops and varieties. This sector, contributing to about 45% of state economy

4477351849 55678 52080

7432481642

9016599763

7098379118

8664794797

104880115293

126521134432

63.08 65.53 64.26

54.94

70.87 70.81 71.2674.21

0.00

10.00

20.00

30.00

40.00

50.00

60.00

70.00

80.00

0

20000

40000

60000

80000

100000

120000

140000

160000

2 0 1 2 - 1 3 2 0 1 3 - 1 4 2 0 1 4 - 1 5 2 0 1 5 - 1 6 2 0 1 6 - 1 7 2 0 1 7 - 1 8 2 0 1 8 - 1 9 2 0 1 9 - 2 0

Madhya Pradesh Country Income % of M.P. to Country

AGRICULTURE

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Land Utilization

Particulars Area (lakh Hectare)

Geographical Area 307.56

Net Sown Area 151.91

Double Crop Area 99.23

Gross Cropped Area 251.14

% of Gross Cropped Area to total area 81.66

Crop Intensity % 165.32

Average land holdings (Hectare) 1.57 Source- CLR, GoMP

Distribution of Land Holdings

Particulars Numbers (lakh)

% to total Area (lakh Ha)

% to total

Marginal (Below 1.0 ha) 48.35 48.33 23.72 15.14 Small (1.0 ha to 2.0 ha) 27.25 27.24 38.36 24.48 Small & Marginal 75.60 75.56 62.08 39.61 Semi Medium (2.0 ha to 4.0 ha) 16.74 16.73 45.22 28.86 Medium (4.0 ha to 10.0 ha) 7.07 7.07 40.08 25.58 Large (above 10.0 ha) 0.63 0.63 9.33 5.95 Total 100.04 100.00 156.71 100.00

Source- Agriculture Census 2015-16

Irrigation

Particulars Numbers (lakh Hectare)

% to total

Area irrigated by canal 19.64 17.24 Area irrigated by tanks 2.85 2.50 Area irrigated by wells & tube well 77.62 68.12 Other sources 13.83 12.14 Total 113.94 100.00

Source- Farmers Welfare & Development Dept, GoMP

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Area, Production & Productivity of crops 2018-19

Crops Area (lakh Hectare)

Production (lakh MT)

Production Kg/Ha

Kharif 132.97 234.76 1765 Rabi 116.7 298.81 2560 Jayad 2.71 4.20 1549 Total 252.38 537.77 2131

Source- Farmers Welfare & Development Dept, GoMP

Area and Production of major crops 2018-19

Crops Area (lakh Hectare)


Paddy 23.71 83.19 Wheat 60.21 212.94 Maize 13.73 46.95 Gram 35.32 53.86 Soyabean 54.19 58.09 Mustard 7.49 9.86 Sugarcane 1.03 6.35 Cotton 5.78 10.29

Source- Economic Survey of M.P. 2019-20

Area and Production Spices, Vegetables & Fruits 2018-19

Crops Area (Hectare)


Spices 7,24,077 40.76 Vegetables 8,67,075 172.81 Fruits 3,60,648 75.45


Area and Production Flowers & Medicinal crops 2018-19

Crops Area (Hectare)

Production (Tonne)

Flowers 29,834 3,55,090 Medicinal Crops 20,19,686 2, 93, 51, 174


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Agriculture Market Madhya Pradesh has 556 regulated markets, of which 257 are wholesale Market (Krishi Upaj Mandis), and 299 Sub Mandis and 1321 haat bazaars. The Madhya Pradesh State Agricultural Marketing Board is coordinating the implementation of eNAM i.e. electronic portal of National Agriculture Market. 80 Mandis are live on eNAM in the State.

Animal Husbandry The total livestock population consisting of Cattle, Buffalo, Sheep, Goat, pig, Horses, Donkeys, etc. in the state is 4.06 crore numbers in 2019 (Livestock Census 2019). Of which, cattle population is 1.88 crore.

Source-Livestock Census 2019

Source-Livestock Census 2019

6.805.68

4.06 3.75 3.65 3.41 3.31 3.26 2.90 2.69

0.001.002.003.004.005.006.007.008.00

U T T A R PR A D E S H

R A J A S T H A N

MA D H Y A P

R A D E S H

WE S T B

E N G A L

B I H A R

A N D H R A PR A D E S H

MA H A R S H T R A

T E L A N G A N A

K A R N A T A K A

G U J A R A T

Livestock (No. in Cr.)

1.91 1.90 1.881.54 1.40 1.39

1.12 1.09 1.00 0.99

0.00

0.50

1.00

1.50

2.00

2.50

WE S T B

E N G A L

U T T A R PR A D E S H

MA D H Y A P

R A D E S H

B I H A R

MA H A R A S H T R A

R A J A S T H A N

J H A R K H A N D

A S S A M

C H H A T I S G A R H

O D I S H A

Cattle (No. in Cr.)

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12

Milk Production

Source- Economic Survey of M.P 2019-20

Particulars 2017-18 2018-19

No. of Functional Dairy Cooperatives 6,737 6,498

Membership of Functional Dairy Cooperatives 2,64,653 2,57,418

Milk Procurement Per day/kg 11,02,657 1,01,09,888


Fisheries

Cooperative Societies (No.) 2018-19 2,415

Registered Members 89,498

Production Lakh Tonne 2018-19 1.70

Water Area under Fisheries 2018-19 (Lakh Ha) 4.20


1077912148

1344514713

15908

2014-15 2015-16 2016-17 2017-18 2018-19

Production in '000 MT

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Industrial development is considered as the driver for sustained developmental progress. The State inherits large petrochemical processing facilities, traditional public sector units (PSUs) and defence related production. The State has potential to become a logistics hub of India with over 160,000 Kms of road network and over 424 trains passing through its geographical jurisdiction daily. The State offers an installed power capacity of over 23,400 MW to its investors; 35% of which is contributed by renewable energy sources. Madhya Pradesh is home to the thickest coal field and accounts for 14% of India’s total cement production. The State with a strong base of mineral resources also has an oil refinery at Bina with an annual capacity of 6 MMT. Madhya Pradesh is home to India’s first green-field Special Economic Zone (SEZ) in Pithampur which is spread over a total area of 1,114 hectares. Besides Pithampur SEZ, the State also has four IT SEZs and four key industrial corridors.

Micro, Small & Medium Enterprises

Handloom The handloom industry of Madhya Pradesh has a long tradition of exquisite and incomparable craftsmanship. It has a diverse and rich textile tradition, a wide range of textiles of varied designs, manufactured by different techniques. Out of 27.41 thousand handloom industry in the state in 2018-19, functional industries are around 17.21 thousand, which are providing employment to around 45 thousand weavers from rural and semi-urban areas. Chanderi & Maheswari are the major clusters in the state for handloom sarees.

Source- Economic Survey of M.P. 2019-20 *Till Dec-19

2015-16 2016-17 2017-18 2018-19 2019-20*

4817987071

206142

297595 223816

194761

363812

596990

1030084

771482

No. of Registered Unit Employment (No.)

INDUSTRY

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The State comprises of 55,185 rural and 378 urban centres connected majorly through roads comprising of approx. 1,60,000 kms. The length of National highways and State highways passing through the State is around 7854 kms and 11,000 kms respectively.

Mineral Reserves

Mineral Reserves 2015-17 (Million Tonne)

Coal 27673.00 Limestone 9424.80 Dolomite 2311.39 Copper 283.00 Diamond (Million Carate) 62.90 Rock phosphate 58.05 Manganese 57.71 Pyrophyllite 25.55 Bauxite 17.46 Diaspore 7.56


Registered Vehicles Number in Thousand

Year Car & Jeep

Taxi/Cab/ 3-Wheeler

Passenger Vehicles

Freight Vehicles

Motor-cycle/Scooter

etc.

Tractor &

others

Total Vehicles

2014-15 696 226 172 244 8,831 972 11,141 2015-16 784 243 176 267 9,631 1,027 12,128 2016-17 877 261 180 292 10,498 1,085 13,193 2017-18 982 268 226 318 11,596 1,192 14,582 2018-19 1109 271 311 326 12,774 1,296 16,087


MISCELLANEOUS

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15

Number of Schools, Students & Teachers

School Type Number Actual

Students in lakh

Government Teachers

(actual) Primary Government Schools 80,807 75.95 NA

Middle Government Schools 30,228 42.38 NA

High Schools (Govt. & Private) 8,373 25.82 42,166

Higher Secondary Schools (Govt. & Private) 8,998 13.72 18,347

Total 1,28,406 39.54 60,513 Source- Economic Survey of M.P. 2019-20

Technical Education Institutes

Technical Institute No. of Institute Capacity Actual

Engineering & Architecture 156 57,174

M.C.A 42 2,470

M.B.A 158 22,611

B.Pharma/D.Pharma 156 16,430

Diploma (Engi). Courses 142 30,146

Total 654 1,28,831


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Banking Facilities Banks in Madhya Pradesh have a network of 7,958 branches spanning 34% (2,712), 33% (2,588) and 33% (2,658) in rural, semi-urban and urban & metropolitan areas respectively with 9,320 ATMs as on March 31, 2020. Besides brick and mortar branches, banking facilities are being extended by 10,343 business correspondents in 11,864 rural Sub Service Areas (SSAs). With effect from 1st April 2020, there are 34 Scheduled Commercial Banks (12 Public Sector Banks & 22 Private Sector Banks), 2 Regional Rural Banks (RRBs), 1 State Cooperative Bank (MPStCB), 38 District Central Cooperative Banks (DCCBs) and 8 Small Finance Banks (SFBs). Payment Banks viz. IPPB and FINO are also functioning in the state. Deposits

• During FY11–20, deposits grew at a CAGR (Compound Annual Growth Rate) of 12.07%. Deposits at the end of March 31, 2020 stood at Rs 4, 23,556 crore.

• Annual growth rate in deposits was 7.73% in March-2020 as against 7.59 % in the previous year.

• CASA was 45% of total deposits as on 31st March 2020. • Deposits under PMJDY increased by Rs 1,159 crore in a year and reached to Rs 6,058

crore in March 2020.

1.52 1.81 2.21 2.502.94 3.03 3.37 3.65 3.93 4.24

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Growth in deposits over the past few yearsCAGR 12.07%

Deposits Amt. in Lakh Cr.

BANKING

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Credit

• During FY11–20, credit off-take grew at a CAGR of 15.47%. Total credit surged to Rs 3, 32,321 crore at the end of Q4 FY 2019-20.

• Bank’s credit grew at 8.12% year-on-year in March 31, 2020 as against 12.62% growth in the previous year.

• Credit to agriculture, MSME, housing, education and priority sector grew at 7.65%, 8.04%, 22.18%, 5.38% and 10.53% respectively annually in March 2020.

AGENCY WISE CREDIT GROWTH IN AGRICULTURE

MICRO SMALL AND MEDIUM ENTERPRISES

• Credit to MSME rose by 8.04% year-on-year in March 2020 as compared with an increase of 16.17% in March 2019.

• The outstanding credit to MSMEs grew to Rs 60,228 crore at the end of March 2020 from Rs 55,745 crore in March 2019.

• Percentage of credit to micro enterprises to total advances was 9.41% as on 31st March 2020, which is above the regulatory Norm.

0.91 1.13 1.39 1.65 1.88 2.22 2.40 2.73 3.07 3.32

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Growth in credit over the past few yearsCAGR 15.47%

Credit Amt. in Lakh Cr.

65776

6986

28360

68797

7926

31624

0

20000

40000

60000

80000

Commercial Banks Regional Rural Banks Cooperative Banks

Chart showing agriculture loan o/s (Rs Crore) & y-o-y growth %

.Mar-19 .Mar-20

13.46%

11.51%

4.59%

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HOUSING

• As of 31st March 2020, credit to housing under priority sector increased by 22.18% year-on-year as compared with an increase of 6.95% in March 2019.

• Merger of Gruh Housing Finance into Bandhan Bank played a major role in higher growth rate in March 2020 as compared to previous year.

EDUCATION Education loans under priority sector (Up to Rs 10 lakh) grew at the rate of 5.38% y-o-y in March 2020 as against 8.01% growth in previous year. PRIORITY SECTOR

• Priority sector advances increased by 10.53% in March 2020 as compared to an increase of 8.40% in March 2019.

• The outstanding credit to priority sector grew to Rs 2.04 lakh crore at the end of March 2020 from Rs 1.85 lakh crore in March 2019.

NON-PERFORMING ASSETS NPAs of banks registered a contraction of 1.58%, as of March 2020, compared to a rise of 62.54% in the corresponding period the previous year. NPA was 10.32% of total credit as on 31st March 2020.

As on 31.03.2020

18

7.5

40

10

60

33.0

9

9.41

61.4

9

20.8

4

78.4

6

A G R I C U L T U R E M I C R O E N T E R P R I S E S

P R I O R I T Y S E C T O R W E A K E R S E C T I O N C D R A T I O

C H A R T S H O W I N G P E R F O R M A N C E O F B A N K S I N M . P . A S O N 3 1 . 0 3 . 2 0 2 0 V I S - A - V I S S T I P U L A T E D R B I N O R M F O R T H E B A N K I N C O U N T R Y

Norm in % In M.P.

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19

As on 31st March 2020 Amount in crore

Sr. Parameters Outstanding Amount Variation Mar-19 Mar-20

Mar-18 Mar-19 Mar-20 Absolute Term

% Absolute Term

%

1 Total number of Branches 7,279 7,684 7,958 405 5.56 274 3.57 2 Total number of ATMs 9,554 9,316 9,320 -238 -2.49 4 0.04 3 Total Deposits 3,65,432 3,93,177 4,23,556 27,745 7.59 30,379 7.73 4 Total Advances 2,72,924 3,07,354 3,32,321 34,430 12.62 24,967 8.12 4a Credit as per place of

utilization 10,647 10,718 9,421 71 0.67 -1,297 -12.1

5 Credit Deposit Ratio 74.69 78.17 78.46 3.49 4.67 0.29 0.37 5a CD Ratio including credit as

per place of utilization 77.6 80.9 80.68 3.3 4.25 -0.21 -0.26

6 Total Business [3+4] 6,38,356 7,00,531 7,55,877 62,175 9.74 55,346 7.9 PRIORITY SECTOR ADVANCES 7 Agriculture 99,393 102,143 1,09,952 2,750 2.77 7,809 7.65 8 Crop Loans out of total

agriculture 75,823 75,290 84,143 -533 -0.7 8,853 11.76

9 % of Agriculture advances to Total advances [RBI Norm: 18%]

36.42 33.23 33.09 -3.18 -8.75 -0.15 -0.44

10 MSME 47,987 55,745 60,228 7,758 16.17 4,483 8.04 10a Credit to Micro Enterprises 23,263 27,449 31,263 4,186 17.99 3,814 13.89 11 % of credit to micro

enterprises to total advances (RBI Norm-7.5%)

8.52 8.93 9.41 0.41 4.78 0.48 5.34

12 Export Credit 142 363 341 221 155.63 -22 -6.06 13 Education 1,911 2,064 2,175 153 8.01 111 5.38 14 Housing 19,521 20,877 25,507 1,356 6.95 4,630 22.18 15 Social Infrastructure 150 214 1,645 64 42.67 1,431 668.69 16 Renewable Energy 62 47 1,041 -15 -24.19 994 2114.9 17 Others 1,384 3,415 3,443 2,031 146.75 28 0.82 18 Total Priority Sector

Advances [7+10+12+13+14+15+16+17]

1,70,550 1,84,868 2,04,332 14,318 8.4 19,464 10.53

19 % of Priority Sector advances to Total advances [RBI Norm: 40%]

62.49 60.15 61.49 -2.34 -3.75 1.34 2.22

20 Total Non-Priority Sector Advances

1,02,374 1,22,486 1,27,989 20,112 19.65 5,503 4.49

21 Advances to small & marginal farmers

34,524 37,619 41,245 3,095 8.96 3,626 9.64

22 % of advances to small & marginal farmers to total advances [RBI Norm: 8%]

12.65 12.24 12.41 -0.41 -3.24 0.17 1.38

23 Total NPA 21,971 35,711 36,275 13,740 62.54 564 1.58 24 % of NPA to total advances 8.05 11.62 10.92 3.57 44.33 -0.7 -6.05

KEY BANKING PARAMETERS

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20

§ The Banks disbursed Rs 64,965

crore to the agriculture sector against the target of Rs 1,23,849 crore and achieved 52% of the target as against the achievement of 61% during same period of FY 2018-19. Achievement of Commercial Banks, Regional Rural Banks & Cooperative banks were 61%, 31% and 38% respectively at the end of current fiscal.

§ Crop loans target of Rs. 89,996

crores for current fiscal, constitutes a major share of 51.18% in the credit plan. The credit flow to this sector was Rs 47,496 crore with achievement of 53% at the quarter end of FY 2019-20.

§ Banks achieved 100% target under ancillary activities during FY 2019-20.

§ Under MSME sectors, banks disbursed Rs. 31,114 crores during FY 2019-20 as against the target of Rs. 30,201 crores and achieved 103% of the target.

§ Credit offtake under education

loans, housing sector of priority sector was Rs 420 crore and Rs 3514 crore and achievement index was 42% and 71% respectively against the target of current fiscal.

§ Achievement index under

Agriculture infrastructure, social infrastructure and renewable energy sector was 19%, 18% and 255% respectively

AGENCY WISE ACP PERFORMANCE FY 2019-20

Amount in crore

Bank Type Agriculture MSME Priority Sector

Target Achiev Achi.%

Target Achiev. Achi.%

Target Achiev. Achi.%

CBs 78,196 47,709 61 27,775 28,331 102 113,841 82,269 72

RRBs 14,533 4,465 31 1,302 404 31 16,592 5,054 30

Co-Ope. 30,738 11,561 38 560 85 15 31584 11,655 37

SFBs 382 1,230 322 551 2,294 417 993 4,074 410

Total 123,849 64,965 52 30,188 31,114 103 163,010 103,053 63

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21

GROUND LEVEL CREDIT TARGET OF GOI FOR AGRICULTURE VIS-À-VIS ACHIEVEMENT

Amount in crore

Agency Target FY 2019-20

Disbursement by Banks FY 2019-20

Achievement %

Crop Loan

Term Loan

Total Crop Loan

Term Loan

Total Crop Loan

Term Loan

Total

Commercial Banks (CBs)

38,852 25,00

0 63,852 31,624 13,536 45,160 81.40 54.14 70.73

Regional Rural Banks

7,228 2,384 9,612 4,316 145 4,461 59.71 6.08 46.41

Cooperative Banks

15,275 9,75 16,250 11,556 210 11,766 75.65 21.54 72.41

Total 61,355 28,359 89,714 47,496 13,891 61,387 77.41 48.98 68.43

The Government of India announced Rs 13.50 lakh crore ground level credit (GLC) target for agriculture sector for the year 2019-20 for the country. It was Rs 89,714 crore for Madhya Pradesh. Commercial Banks, Regional Rural Banks and Cooperative Banks disbursed Rs 45,160 crore and achieved 70.73% of the target for financial year 2019-20. While Commercial Banks achieved 71.73% of the target, it was 46.41% and 72.41% for RRBs and Cooperative respectively. Achievement percentage under agriculture term loan was 48.98%.

DISBURSEMENT UNDER PRIORITY SECTOR OVER PAST FEW YEARS

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20

33419 4119555898

74628 79788 87678 90178103576 103053

Over the period of 8 years credit disbursement

to priority sector grew at CAGR of 15.12%

Amount in Crore

17

22

Amount in crore

Sr. Sector

No. of A/cs

Amount

% Share to total credit plan outlay

1 Farm Credit 49,52,751 1,24,412 65.74 1a Out of Farm Credit Crop loans 41,28,308 96,864 51.18 2 Agriculture Infrastructure 61,453 3,905 2.06 3 Ancillary Activities 83,702 5,919 3.13 4 Total Agriculture (1+2+3) 50,97,906 1,34,236 70.93 5 MSME (5a+5b+5c+5d+5e) 5,19,477 32,078 16.95

5a Micro Enterprises 3,65,459 17,135 9.05 5b Small Enterprises 1,25,824 12,965 6.85 5c Medium Enterprises 596 1,161 0.61 5d Khadi & Village Industries 3,437 277 0.15 5e Other under MSME 24,161 541 0.29 6 Education 18,903 1,037 0.55 7 Housing 1,00,916 7,131 3.77 8 Export Credit 814 530 0.28 9 Social Infrastructure 14,161 595 0.31

10 Renewable Energy 12,420 288 0.15 11 Other Priority 7,207 321 0.17 12 Total Priority Sector

(4+5+6+7+8+9+10+11) 57,71,804 1,76,217 93.11

13 Non-Priority Sector 1,46,024 13,033 6.89 14 Total Credit Plan (12+13) 59,17,828 1,89,250 100.00 15 Weaker Section 8,29,816 24,017 12.69

• Annual Credit Plan 2020-21 for the state of Madhya Pradesh has been drawn with an

outlay of Rs.1, 89,250 crores. • Priority Sector lending targets have been fixed at Rs. 1, 76,217 crores. Agriculture segment

has a major share of Rs 1, 34,236 crores, comprising 71% of total credit plan outlay. Factors like percentage share of Gross Cropped area, Gross Irrigated Area, cropping intensity etc. and past trends have been taken into account.

• An amount of Rs. 96,864 crore is projected for Crop loan (Production Credit) disbursals for the year 2020-21.

• The potential assessed under Micro, Small and Medium (MSME) enterprises is Rs. 32,078 crore (16.95% of total outlay), followed by housing sector with outlay of Rs. 7,131 crore under priority sector. (3.77% of total outlay)

HIGHLIGHTS OF THE ANNUAL CREDIT PLAN 2020-21

18

23

Amount in crore

Sr. Sector PLP of NABARD 2020-21

ACP 2020-21

% of PLP

1 Farm Credit 1,35,585 1,24,412 92 1a Out of Farm Credit Crop loans 1,03,006 96,864 94 1b Agriculture Term loans (Out of total Agri) 32,579 32,570 100 2 Agriculture Infrastructure 6,349 3,905 62 3 Ancillary Activities 6,054 5,919 98 4 Total Agriculture (1+2+3) 1,47,988 1,34,236 91 5 MSME 32,001 32,078 100 6 Education 2,403 1,037 43 7 Housing 9,785 7,131 73 8 Export Credit 1,243 530 43 9 Social Infrastructure 2,440 595 24

10 Renewable Energy 822 288 35 11 Other Priority 2,104 321 15

12 Total Priority Sector (4+5+6+7+8+9+10+11)

1,98,786 1,76,217 89

• The National Bank for Agriculture and Rural Development (NABARD) has projected

Rs.1,98,786 crore as Potential Linked Credit Plan (PLP) for the year 2020-21 for the state of Madhya Pradesh under priority sector.

• Credit assessed by the banks for the year 2020-21 under priority sector is in line with the PLP of NABARD. It is Rs. 1, 76,217 crore, which is 89% of the PLP.

• As against PLP of Rs. 1, 47,988 crore for agriculture sector, banks have made provisions of Rs. 1, 34,236 crore. This includes provision of Rs 96,864 crore for crop loans and Rs. 27,548 crore for agriculture term loans.

• Provision of Rs. 32,078 crore has been made for Micro, Small & Medium Enterprises comprising manufacturing, processing & service industries as against the PLP of Rs. 32,001 crore keeping in view of opportunity in MSMEs in the State.

Thrust has been laid on investment credit, which is 24% per cent of total outlay earmarked for agriculture lending with a view to achieve capital formation in agriculture for doubling farmer’s income. After thorough sector-wise analysis in consultation with the stake holders, the projections for credit flow under water resource development, irrigation, farm mechanization, land development, animal husbandry and dairy development, sheep and goat rearing, poultry, plantation and horticulture, etc. were made.

POTENTIAL LINKED PLAN (PLP) OF NABARD & ACP-2020-21

19

24

Amount in crore

Sr. Sector

2018-19

2019-20

2020-21

Y-o-Y Variation

amt. 2020-21

Y-o-Y Variation

% 2020-21

Disb. during

FY 2019-20

O/S

31.03.20

1 Farm Credit 1,02,578 1,16,000 1,24,412 8,412 7.25 59,816 1,00,453 1a Out of Farm Credit Crop loans 80,318 90,000 96,864 6,864 7.63 47,496 84,143 2 Agriculture Infrastructure 3,733 3,800 3,905 105 2.76 737 2,053 3 Ancillary Activities 2,953 4,057 5,919 1,862 45.90 4,412 7,445 4 Total Agriculture 1,09,264 1,23,857 1,34,236 10,379 8.38 64,965 1,09,952 5 MSME 20,945 30,201 32,078 1,877 6.22 31,114 60,228 6 Education 1,194 1,000 1,037 37 3.75 420 2,175 7 Housing 6,840 4,984 7,131 2,147 43.09 3,514 25,507 8 Export Credit 672 523 530 7 1.37 476 341 9 Social Infrastructure 2,042 1,000 595 -405 -40.50 177 1,645

10 Renewable Energy 402 400 288 -112 -27.90 1,018 1,041 11 Other Priority 2,076 1,066 321 -745 -69.92 1,368 3,443 12 Total Priority Sector 1,43,435 1,63,031 1,76,217 13,186 8.09 1,03,053 2,04,332 13 Non-Priority Sector 4,183 12,146 13,033 887 7.30 12,912 1,27,989 14 Total Credit Plan 1,47,618 1,75,177 1,89,250 14,073 8.03 1,15,964 3,32,321

• As compared to last year’s total plan, the banks have made an additional allocation of Rs. 14,073 crore in current year’s credit plan with increase of 8.03%. The Banks have planned a rise of Rs 13,186 crore (8.09%) over last year’s plan of priority sector.

• Agriculture credit target is growing every year. It is kept at 1, 34,236 crore for the year 2020-21 with increase of 8.38% over previous year. Of which, allocation for crop loans and terms loans is Rs 96,864 crore and 32,570 crore respectively.

• With regard to lending to the MSME sectors, a growth of 6.22% over the previous year has been made by banks in the state in FY 2020-21.

• Allocations under education, housing, export credit, social infrastructure and renewable energy sectors have been made keeping the view of achievement during previous year and growth pattern of previous few years

COMPARATIVE ANNUAL CREDIT PLAN

20

25

Amount in Lakh

Bank wise ACP Target FY 2020-21- Agriculture

21

26

Amount in Lakh

Bank wise ACP Target FY 2020-21- MSME

22

27

Amount in Lakh

Bank wise ACP Target FY 2020-21- Other Priority Sector

23

28

Amount in Lakh

Bank wise ACP Target FY 2020-21- Non-Priority Sector

24

29

Amount in Lakh

District wise ACP Target FY 2020-21- Agriculture

25

30

Amount in Lakh

District wise ACP Target FY 2020-21- MSME

26

31

Amount in Lakh

District wise ACP Target FY 2020-21- Other Priority Sector

27

32

Amount in Lakh

District wise ACP Target FY 2020-21- Non-Priority Sector

28

SLBC MADHYA PRADESH

WWW.SLBCMADHYAPRADESH.IN

CONVENOR-CENTRAL BANK OF INDIA

2 0 2 0 - 2 1 P L A N A N N U A L C R E D I Tslbcmadhyapradesh.in/frontmarquee/b9fb541b-9972-471b-a58d-3ba… · processing, and promotion of FPOs & SHGs etc. MSME sector is a vital

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