HSCARDB(Haryana State Cooperative Agriculture and Rural Development Bank Ltd., Panchkula )

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%


To Know more Visit :http://haryanacardbank.org/
Contact at :pa2md.hscardb@gmail.com









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