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HSCARDB

Website Link: http://haryanacardbank.org/

The Bank was set up on 1st Nov.1966 under the Punjab Cooperative Societies Act, 1961 (replaced by Haryana Cooperative Societies Act, 1984) in the name and style of the Haryana State Cooperative Land Mortgage Bank Limited. At the time of establishment of the bank, there were only seven PCARDBs in the State, now there are 19 District Primary Agriculture and Rural Development Banks (DPCARDBs) with 76 branches at Tehsil and Sub-Tehsil level.

The main objective of the Bank is purveyance of Long Term Credit to the agriculturists through its 19 District Primary Agriculture and Rural Development Banks (DPCARDBs) and their branches under various Agriculture and its allied activities along with NFS purposes.

HSCARDB acts as an Apex Institution both for providing long term finance and for coordinating the functions of DPCARDBs and their branches. The District Primary Agriculture and Rural Development Banks (DPCARDBs) in the Statehave provided Long Term Credit amounting to Rs. 7660.98 Crores to 1168239 beneficiaries up to 31.8.2016 since the inception of the Bank.

Schemes of loans being pursued

Bank is advancing long term loans for the following sectors/schemes:

1.Minor Irrigation a) Shallow / Deep Tubewells

b)Sprinkler Irrigation

c)Water Conveyance System

2.Farm Mechanisation a) Tractors

b)Thresher Sets / Straw - reaper

c)Combine Harvesters

d)Modern Farm Equipments

e)2/4-Wheel Trolleys

f)Rural Godowns

3. Horticulture/Plantation a) Mango / Pear / Guava / Grape Orchards

b)Poplar/Kikar/Safeda Plant./Farm Forestry

c)Mushroom Cultivation / Strawberry

d)Floriculture, Medicinal & Aromatic Plants

e)Drip Irrigation

f)Cold Storage / Onion Storage

4.Land Development a) Land Reclamation

b)Land Leveling

c)Redemption of Land

d)Purchase of Land

5.Animal Husbandry a) Dairy Development

b)Poultry Development / Hatcheries

c)Fisheries including Prawn Culture

d)Sheep/ Piggery /Goat Rearing

e)Animal Driven Carts

f)Cattle sheds with Dairy

6. Non-Farm Sector a) Tinny, Cottage & Small Scale Industries

b)Road Transport / Passenger Vehicles

c)Integrated Loan Scheme

d)Rural Housing Scheme

e)Agri-Clinic and Agri-Business

f)Community Halls, Rural Educational Infrastructure, Information Technology, Service Activities etc

Position of Advancement

The details of year wise loans advanced viz-a-viz to target are given below:- (Rs. in crores)

Year Refinance allocated Refinance availed
2007-2008 250.00 252.57
2008-2009 343.00 330.94
2009-2010 425.00 376.07
2010-2011 500.00 407.55
2011-2012 525.00 394.37
2012-2013 450.00 164.82
2013-2014 150.00 66.26
2014-2015 300.00 130.82
2015-2016 250.00 168.42
2016-2017 350.00 73.07

The financial position of HSCARDB and DPCARDBs is given below:-(Rs. in crores)

Sr. No. Particulars HSCARDB (as on 31.3.2016) DPCARDB (as on 31.3.2016)
1 Borrowings 1762.78 2073.47
2 Loan advancement to members 171.01 168.42
3 Loan Outstanding 2075.42 1604.26
4 Recovery 28.89% 31.28%
5 Accumulated losses 127.90 1169.44
  %age of NPA 73% 62.30%

Recovery Position

The recovery position at Apex as well as District Primary Agriculture and Rural Development Banks (DPCARDBs) levels is given as under:

Apex Level

(Rs. in crores)

Period (from 1st July to 30th June) Demand Collection % of recovery
2011-12 836.67 465.83 55.68%
2012-13 910.36 342.41 37.61%
2013-14 1088.47 349.35 32.10%
2014-15 1235.09 348.69 28.23%
2015-16 1404.09 381.69 27.18%

(At Primary Level)(Rs. in crores)

Period (from 1st July to 30th June) Demand Collection % of recovery
2011-12 1670.12 644.89 38.61%
2012-13 1596.08 425.69 26.67%
2013-14 1671.03 458.18 27.42%
2014-15 1686.68 492.88 29.22%
2015-16 1667.18 521.57 31.28%

 

Contact at :pa2md.hscardb@gmail.com