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The farming sector has received an 18 per cent increase in total outlay for Dharwad district.
The district's credit outlay is Rs 2,270.60 crore for the year 2012-13. According to the credit plan prepared by Nabard under non-farm sector for Micro Small and Medium Enterprises (MSME) covering agro and food processing activity, Rs 217.97 crore has been made for the sector envisaging an increase of 46 per cent.
A total of Rs 889.32 crore has been set aside for agriculture which forms 48 per cent of the total outlay of the priority sector advances. The outlay for agriculture is 12 per cent more than the previous year's projection of Rs 796.35 crore.
The allocation of crop loans under agriculture has been increased to Rs 700.71 crore, against the previous year's plan of Rs 599.65 crore, which marks an increase of 17 per cent.
Under the credit plan, Rs 12.47 crore has been set aside for minor irrigation by increasing the projection by 74 per cent compared to the previous year (Rs 7.17 crore).
For land development Rs 19.11 crore has been set aside against Rs 15.51 crore earmarked during the previous year. However, the outlay for farm mechanisation has been brought down from Rs 87.86 crore to Rs 65 crore this year.
An allocation of Rs 11.16 crore has made for the plantation and horticulture. For creation of assets for miscellaneous agricultural activities not covered under any other category, the credit plan has earmarked Rs 21.95 crore against the previous year's allocation of Rs 10.84 crore.
Under the allied agricultural activities, Rs 21.04 crore has been set aside for dairy activity; Rs 3.80 crore for poultry; Rs 2.25 crore for sheep and goat rearing; Rs. 1.77 crore for forestry; Rs 1.26 crores for fisheries; and Rs 128.81 crore for storage and market yard development.
Rs 1,840.87 crore has been earmarked for priority sector advances, which is 22 per cent more than the previous year. Other sectors have been given Rs 429.19 crore.
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