The 40% target is the headline. The sub-targets — 18% agriculture, 10% small and marginal farmers, 7.5% micro enterprises, 12% weaker sections — are where compliance gets hard. And the mechanisms for dealing with shortfall — RIDF contributions, PSLC purchases, inter-bank participation certificates — are where the system gets creative.
213 notifications define, revise, phase in, and enforce these targets across different entity types. This chain includes the most-referenced PSL documents in the dataset.
See also: Priority Sector Lending — The Complete Framework
For the full narrative and analysis, see Why Banks Must Lend to Farmers.