India is an agricultural country in which 54.

6 percentage of the total workforce in the country are

engaged in agriculture. Though there are difficulties created by COVID-induced lockdowns, there is
robust growth in the agricultural sector. India, a country with a population of more than 1.4 Billion
the agricultural growth rate has crossed 3.4% at constant prices during 2020-21. This was mainly due
to various measures and schemes formulated by the Government of India and announcements
made under Atma Nirbar Bharat Abhiyan. For the Financial Year 2020-21 agricultural credit flow
target was fixed at Rs.15,00,000/- Crores and till 30th November, 2020 a sum of Rs. 9,73,517.80
crores was disbursed. The agricultural credit was given by the Commercial Banks, Co-Operative
Banks, etc and the Co-Operative Banks provide agricultural credit through Primary Agricultural Credit
Societies (PACS) which are predominantly located in villages.