Monetary Policy#6: PSL, SCC & CAS- Priority Sector Lending Norms, Selective Credit Control
Mrunal Patel Mrunal Patel
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 Published On Apr 6, 2017

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- In the previous sessions, we learned about the quantitative tools of monetary policy, which decide the 'volume' of credit in an economy. Now we shall look into the qualitative tools of monetary policy, which decide the 'distribution' of credit in an economy.
- What is selective credit control? Credit authorization scheme (CAS): its purpose and limitations
- Priority sector lending (PSL) in India: Origin, purpose, present framework, categories; penalty in RIDF and SEDF, limitations.
- What are priority sector lending certificates?
- Despite incrementalism in the allocation of agriculture credit in each budget, why is there a problem of farmer suicides? How are RBI and Government of India addressing this issue?
- Budget 2017 provisions for agriculture loans and its distribution to targeted beneficiaries via Core banking solution (CBS) in the cooperative banks.

- Faculty Name: You know who
- all Powerpoint available at http://mrunal.org/powerpoint
- Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.

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