New Delhi: Concerned over the condition of poor farmers in the country, Prime Minister Manmohan Singh on Wednesday said that the government would infuse Rs 13,000 crore to strengthen cooperatives as part of reforming institutional credit to the farm sector.
"We are committed to expand agricultural credit in a big way", he said in reply to a question at a press conference, adding that Rs 13,000 crore would be pumped in to reform cooperatives to augment rural credit structure.
Singh said during the last one year, agriculture credit had grown by 30 per cent.
Cautioning that there would be risks when Indian agriculture starts becoming commercialised, he said steps would be taken for neutralising the risk to farmers.
Singh expressed concern over reports of suicides by few farmers in some parts of the country.
"We have to take a practical view of the remedies that are available", Prime Minister said, adding that there was a need to look at the possibilities of expanding the scope of insurance though there are difficulties.
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