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Priority Sector Lending Icon

Priority Sector Lending

Given its fragile mountain ecosystem, agriculture is a risky venture in Bhutan. Thus, the Royal Monetary Authority initiated the noble initiative, the Priority Sector Lending (PSL), for the financial institutions to help the Bhutanese people manage and mitigate farming risks.

Overall to transform Bhutan’s economy through improved access to finance. 

This initiative provides people with access to financial needs required for farming, manufacturing and service sectors. The initiative, in particular, aims to promote enterprise in the agriculture sector to enhance food self-sufficiency and gainful employment. 

In RICB, the PSL is better known as the Crop Insurance. 

Legumes and pulses Icon
Legumes and pulses
Cereals, and oilseed crops Icon
Cereals, and oilseed crops
vegetables, fruits, nuts, & mushrooms Icon
vegetables, fruits, nuts, & mushrooms
Sericulture, medicinal and aromatic plants Icon
Sericulture, medicinal and aromatic plants
Plantation crops, nurseries, & seed production Icon
Plantation crops, nurseries, & seed production
Fire Icon
Fire
Pests and diseases Icon
Pests and diseases
Forest fire Icon
Forest fire
Damages to crop by wild animals Icon
Damages to crop by wild animals
Landslides, rockslides, and subsidence Icon
Landslides, rockslides, and subsidence
Loss or damage due to rainfall, storm, hailstorm, and draught Icon
Loss or damage due to rainfall, storm, hailstorm, and draught
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