In the context of priority sector lending obligations for commercial banks operating in Haryana, what specific sub-target is mandated for lending to small and marginal farmers?

💡 Solution & Explanation

Commercial banks in India must adhere to strict priority sector lending sub-targets, including dedicated allocations for small and marginal farmers to ensure institutional credit reaches vulnerable agrarian strata. This requirement prevents banks from concentrating all agricultural credit solely on wealthy landowners with large estates. Kisan Credit Cards serve as the primary instrument for delivering these short-term production loans efficiently.