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Agriculture
Gujarat ranks 10th in India with farm loans reaching Rs 74,000 crore
✍️ The New Indian Express
🗓 05 Sep 2026, 08:29 PM
👁 4
The latest data shows Gujarat placed tenth among Indian states in farm loan disbursements, with total agricultural credit amounting to Rs 74,000 crore.
Gujarat has been positioned at the tenth spot nationwide for agricultural credit, according to recent figures released by the Ministry of Finance. The state’s farm loan portfolio now stands at Rs 74,000 crore, reflecting a steady increase over the previous reporting period.
The ranking places Gujarat behind nine other states in terms of total farm loan disbursement, but ahead of the majority of the country’s regions. Analysts note that the figure underscores both the scale of credit demand among Gujarat’s farming community and the effectiveness of state‑level schemes aimed at expanding financial access.
Stakeholders, including farmer associations and banking officials, view the data as an indicator of ongoing credit flow that could support upcoming sowing cycles. However, they also caution that the sheer volume of loans necessitates robust monitoring to ensure repayment and to mitigate the risk of defaults, especially in a year marked by variable monsoon patterns.
The ranking places Gujarat behind nine other states in terms of total farm loan disbursement, but ahead of the majority of the country’s regions. Analysts note that the figure underscores both the scale of credit demand among Gujarat’s farming community and the effectiveness of state‑level schemes aimed at expanding financial access.
Stakeholders, including farmer associations and banking officials, view the data as an indicator of ongoing credit flow that could support upcoming sowing cycles. However, they also caution that the sheer volume of loans necessitates robust monitoring to ensure repayment and to mitigate the risk of defaults, especially in a year marked by variable monsoon patterns.