CREDIT MAHARASHTRA

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The Maharastra Agricultural Credit Project involves allocating priority to water resource development by increasing irrigation facilities and necessary complementary inputs. Farm mechanization, fertilizers and pesticides, extension work and agricultural credit figure predominantly among such inputs. Under the project, wells and lift irrigation to be provided are expected to irrigate some 100,000 ha, while land development will be carried out on six major irrigation schemes with a command area of 175,000 ha. In all, some 45,000 farmers will be able to expand their output of food and commercial crops. The annual increase in production is estimated at full development at about 247,000 tons of foodgrains, 50,000 tons of seed cotton, 23,000 tons of groundnuts, 400,000 tons of sugarcane and 215,000 tons of bananas.