New Delhi, March 10 -- The government has taken several measures to increase institutional credit flow to the agriculture sector, particularly to underserved segments, Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha on Tuesday.

The minister said the government sets annual Ground Level Credit (GLC) targets for agriculture and allied sectors, which banks are required to meet.

The targets are fixed region-wise, agency-wise and loan-category-wise, covering scheduled commercial banks, regional rural banks and cooperative banks.

Priority Sector Lending and Credit Targets

Under the Reserve Bank of India's Priority Sector Lending (PSL) guidelines, banks must allocate at least 18 per cent of their Adjusted Net Bank Cred...