Bihar’s co-op banks have disbursed only 1.12% of agricultural loans in the state during 2019-20 which is far below the national average of 15%, said Finance Minister Nirmla Sitaraman in the Parliament.
The Minister proved what Bihar’s leading co-operator and MLC Sunil Kumar Singh had been saying about the state of affairs in Bihar. The Minister said in the Parliament that more than 30% of the registered Kisan Credit Card accounts in Bihar have become NPA.
Explaining it the finance minister said the average size of landholding in Bihar is 0.39 hectares as against 1.08 hectares of the national average. The 91% of operational land holdings in the state belongs to marginal farmers.