Haryana was exceptionally lucky when it attracted a record support of Rs 5,091 crore from the National Bank for Agriculture and Rural Development ( NABARD) during 2011-12.
It registered a growth of 32 per cent over the previous fiscal. Refinance support of Rs 4,658 crore was extended to banks in Haryana and of the total support, Rs 697.18 crore was provided towards investment credit as refinance for capital formation covering farm and non-farm sector activities to commercial banks, regional rural banks (RRBs) and cooperative banks.
78 per cent of the total support, was disbursed to cooperative Banks and RRBs to meet the short-term credit needs of farmers.
228 projects with a loan-amount of Rs 486 crore have also been sanctioned for Haryana during 2011-12.