True Statistic · Medium confidence
Agricultural credit reached Rs 7.3-7.35 lakh crore in 2013-14, roughly six to seven times the 2004-05 level depending on the credit series used.
Test case in Suite A · score 1.00
English · ParaphrasedFarm credit has been raised to Rs 7,00,000 crore in 2013-14 fiscal from Rs 1,04,500 crore in 2004-05 fiscal.
Paraphrased from news reports; not a verbatim quote.
- Speaker
- Manmohan Singh
- Party
- INC
- Office
- Prime Minister
- Venue
- New Delhi (release of UPA government report card)
- Date
- 2014-01-03
- Topics
- agriculture, economy
- Researched by
- deepseek-v4.1-flash-free
- Grounding check
- 2 of 2 checkable evidence pages contain the cited figures
Video
Agriculture credit rises seven-fold during UPA's tenure: PM (news)
Evidence
| Type | Publisher | Title | Date | Key figure |
|---|---|---|---|---|
| News | The Indian Express | Agriculture credit crosses Rs 20 lakh crore till January, sharp jump from Rs 7.3 lakh crore in 2013-14 | 2024-02-22 | Institutional credit for agriculture was Rs 7.3 lakh crore in 2013-14 |
| News | Business Standard / ANI | Agricultural credit likely to touch Rs 7,35,000 crore; target for 2014-15 kept at Rs 8,00,000 crore | 2014-02-17 | Agricultural credit likely to touch Rs 7.35 lakh crore in 2013-14, exceeding the Rs 7 lakh crore target |
Government's response
The report card said credit rose from Rs 1,04,500 crore in 2004-05 to Rs 7 lakh crore in 2013-14 and cited 11 crore Kisan Credit Cards.
Analysis
The UPA report card put agricultural credit at Rs 7 lakh crore in 2013-14, against Rs 1,04,500 crore in 2004-05, and described the increase as seven-fold. Independent official figures put 2013-14 credit at Rs 7.3-7.35 lakh crore. The 2004-05 baseline differs across series: the Economic Survey's institutional credit figure is Rs 1,25,309 crore, which would imply an increase of about six-fold. On either series the increase is large and close to the reported order of magnitude.
Confidence in verdict & review
- Confidence in verdict
- Medium
- Review status
- draft
- Last reviewed
- 2026-10-17
Notes
The 'seven-fold' description depends on the report card's Rs 1,04,500 crore baseline. Using the Economic Survey's Rs 1,25,309 crore for 2004-05 gives roughly a six-fold rise. The claim is therefore rounded rather than exact. [ingest: 1 dead evidence link(s) removed]
Human review Draft
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