Karnataka farmers availed Rs 2.1 lakh crore in agricultural loans: Pankaj Chaudhary

New Delhi: Union Minister of State for Finance Pankaj Chaudhary on Monday informed the Lok Sabha that farmers in Karnataka have availed a total of Rs 2.10 lakh crore in loans for agriculture.

Quoting a NABARD report, the Minister said that Tamil Nadu holds the top position in the country for agriculture loans, while Karnataka ranks fifth.

Farmers in Karnataka have taken crop loans worth Rs 88,800 crore, while they have availed term loans worth Rs 1.21 lakh crore, the Minister said during Question Hour.