Ground Level Agriculture Credit reaches ₹19.28 lakh crore in FY25 (till December)
Ground Level Agriculture Credit of ₹19.28 lakh crore had been disbursed by 31 December 2024, 70% of the FY 2024-25 target of ₹27.5 lakh crore, the Agriculture Ministry said on 31 January 2025.
Summary
Ground Level Agriculture Credit (GLC) of ₹19.28 lakh crore had been disbursed by 31 December 2024 against the FY 2024-25 target of ₹27.5 lakh crore, a 70% achievement, the Ministry of Agriculture and Farmers Welfare said on 31 January 2025. The FY25 Ground Level Agriculture Credit target includes a sub-target of ₹4.20 lakh crore for allied activities such as dairy, poultry, fisheries and animal husbandry. The GLC target has risen more than threefold from ₹8 lakh crore in FY 2014-15, and agricultural credit disbursement reached ₹25.48 lakh crore in FY 2023-24.
Key facts
- Reported
- 31 January 2025
- Disbursed till 31.12.2024
- ₹19.28 lakh crore (70%)
- FY25 target
- ₹27.5 lakh crore
- Allied sub-target
- ₹4.20 lakh crore
- FY 2014-15 target
- ₹8 lakh crore
- FY 2023-24 disbursement
- ₹25.48 lakh crore
Practice MCQs 2 questions
What was the Ground Level Agriculture Credit target set for FY 2024-25?
Show answer
Correct answer: C — ₹27.5 lakh crore
PIB 2098065: the GLC target for FY 2024-25 is ₹27.5 lakh crore; ₹19.28 lakh crore was disbursed by 31.12.2024 and ₹25.48 lakh crore was the FY24 disbursement.
What sub-target for allied activities was included in the FY 2024-25 Ground Level Agriculture Credit target?
Show answer
Correct answer: B — ₹4.20 lakh crore
PIB 2098065: a dedicated sub-target of ₹4.20 lakh crore was set for allied activities such as dairy, poultry and fisheries.