NABARD pegs credit potential for Kanniyakumari district at ₹28,687 crore
1 month, 1 week ago

NABARD pegs credit potential for Kanniyakumari district at ₹28,687 crore

The Hindu  

Kanniyakumari District Revenue Officer J. Balasubramaniam released the Potential-Linked Credit Plan prepared by National Bank of Agriculture and Rural Development for Kanniyakumari district for the fiscal year 2025-26. The total credit projection for Kanniyakumari district stands at ₹28,687 crore with the agriculture sector receiving the highest allocation of ₹13,280 crore. At the event the revenue officer advised the banks to allocate more target towards medium and long term credit in agriculture as there is good potential to promote farm mechanisation, micro irrigation systems, and animal husbandry sectors in the district. Suresh Ramalingam, AGM, NABARD outlined the key points of PLP 2025-26 which includes agriculture and allied sectors, MSMEs credit flow of ₹ 5,177.55 crore to promote entrepreneurship and industrial growth, infrastructure development, skill development initiatives, export credit and market linkages, financial inclusion and digital banking, climate resilience and green energy and education and housing sectors.

Credit Kanniyakumari District Plp  credit  plp  agriculture  promote  pegs  nabard  sectors  development  revenue  potential  28687  crore  district  kanniyakumari

History of this topic

Regional Rural Banks Log Record-High Profit Of Rs 7,571 Crore In FY24
2 days, 3 hours ago

Regional Rural Banks Log Record-High Profit Of Rs 7,571 Crore In FY24

ABP News  

Regional Rural Banks reported their highest-ever consolidated net profit of Rs 7,571 crore in the financial year 2023-24, reflecting significant improvements in their financial health. Additionally, net NPAs witnessed a sharp decline, reducing from 4.7 per cent in 2021-22 to 2.4 per cent in 2023-24, further strengthening the sector’s financial position. Chaudhary highlighted that the banks have been instrumental in …

Tirunelveli district to get ₹18,059 crore as priority loans in upcoming fiscal
2 weeks, 6 days ago

Tirunelveli district to get ₹18,059 crore as priority loans in upcoming fiscal

The Hindu  

The Potential-linked Credit Plan for the district has envisaged the credit flow of ₹18,059.28 crore for the upcoming financial year 2025 – 2025 with agricultural sector, the district’s predominant profession, taking its lion’s share of ₹14,537.87 crore. Releasing the Potential-linked Credit Plan at the Collectorate on Thursday evening, District Collector R. Sukumar said the marginal, small and medium industries would …

NABARD projects credit outflow of ₹34,090 crore for Salem district
3 weeks, 5 days ago

NABARD projects credit outflow of ₹34,090 crore for Salem district

The Hindu  

The National Bank for Agriculture and Rural Development has projected the credit outflow from banks in 2025-2026 in Salem district to be ₹34,090 crore in the Potential Linked Credit Plan. The NABARD officials said the comprehensive document outlined the projected credit needs across various sectors to drive sustainable economic growth and rural prosperity in the district. The total credit projection …

NABARD envisages ₹27,413.85 crore credit flow for Tiruchi district in 2025-26
3 weeks, 5 days ago

NABARD envisages ₹27,413.85 crore credit flow for Tiruchi district in 2025-26

The Hindu  

The Potential Linked Credit Plan drawn up by the National Bank for Agriculture and Rural Development has estimated the credit potential for Tiruchi district at ₹27,413.85 crore during 2025-26, an increase of 2.23% over the projections for the current year. The PLP, released by Collector M. Pradeep Kumar recently, forms the basis for finalisation of the Annual Credit Plan for …

Andhra govt. pegs agriculture budget for 2025-26 at ₹48,341.14 crore
3 weeks, 6 days ago

Andhra govt. pegs agriculture budget for 2025-26 at ₹48,341.14 crore

The Hindu  

Agriculture Minister K. Atchannaidu presented a ₹48,341.14 crore budget for the agriculture and allied sectors for FY 2025 - 26 in the Legislative Assembly on Friday with the highest allocation of ₹12,903.41 crore for the maintenance of irrigation projects. Andhra Pradesh Budget updates: State Govt presents ₹3.2 lakh crore Budget for 2025-26 ₹12,773.25 crore was allocated for nine-hour free power …

NABARD projects priority sector credit potential of ₹4 .47 lakh crore for Karnataka
1 month ago

NABARD projects priority sector credit potential of ₹4 .47 lakh crore for Karnataka

The Hindu  

Of the estimated credit potential of ₹4.47 lakh crore for priority sector lending in Karnataka during 2025-26, the share of agriculture is pegged at ₹2.04 lakh crore, MSME at ₹1.88 lakh crore, and other priority sector activities at ₹0.56 lakh crore, said KVSSLV Prasada Rao, Chief General Manager, NABARD, Karnataka Regional Office. Speaking at the State Credit Seminar for the …

NABARD’s potential linked credit plan for 2025-26 for Mysuru released
1 month ago

NABARD’s potential linked credit plan for 2025-26 for Mysuru released

The Hindu  

The National Bank for Agriculture and Rural Development has released the Potential Linked Credit Plan for the financial year 2025-26 for the Mysuru district and the projection is pegged at ₹22,816.18 crore. The projection for export is ₹547.20 crore, housing ₹503.55 crore, education ₹268.56 crore, social infrastructure ₹39.96 crore, renewable energy ₹15.12 crore, and ₹1,111.72 crore is assessed for ‘other …

NABARD assessment of 2025-26 credit potential for Tiruppur district reflects yearly rise by 17.9% to ₹46,005 crore
Trending News
1 month, 1 week ago

NABARD assessment of 2025-26 credit potential for Tiruppur district reflects yearly rise by 17.9% to ₹46,005 crore

The Hindu  

The credit potential of ₹46,004.98 crore assessed for Tiruppur district by National Bank for Agriculture and Rural Development for 2025-26 reflects a 17.9% increase over the current year credit target for the district. The Potential Credit Plan has earmarked ₹25,180.76 crore for MSMEs. The PCP envisages outlay of ₹11,667.67 crore for agriculture, ₹984.75 crore for export credit, ₹307.20 crore for …

Telangana's Credit Potential Under Priority Sector Put at Rs 3.86 Lakh Crore
1 month, 1 week ago

Telangana's Credit Potential Under Priority Sector Put at Rs 3.86 Lakh Crore

Deccan Chronicle  

Hyderabad: Deputy Chief Minister Mallu Bhatti Vikramarka, who also holds the portfolios of finance, planning and energy, released the state focus paper 2025-26 brought out by the National Bank for Agriculture and Rural Development here on Friday. The paper pegged the credit potential under priority sector for the state at Rs 3.86 lakh crore, which marks a 37.08 per cent …

NABARD pegs credit potential for priority sectors across Telangana at ₹3.86 lakh crore
Trending News
1 month, 1 week ago

NABARD pegs credit potential for priority sectors across Telangana at ₹3.86 lakh crore

The Hindu  

Telangana Deputy Chief Minister Mallu Bhatti Vikramarka has called for a collaborative approach to ensure timely and adequate credit flow to priority sectors as well as to promote financial literacy and digital banking in rural areas besides leveraging National Bank for Agriculture and Rural Development’s expertise for innovative financing models. Credit potential of ₹1.63 lakh crore for agriculture Mr. Bhatti …

Tamil Nadu priority sectors’ credit potential projected at Rs 9 lakh crore
1 month, 3 weeks ago

Tamil Nadu priority sectors’ credit potential projected at Rs 9 lakh crore

New Indian Express  

CHENNAI: Finance Minister Thangam Thennarasu on Wednesday released the State Focus paper prepared by National Bank for Agriculture and Rural Development that predicts a total credit potential of Rs 9.37 lakh crore for priority sectors in the state for the year 2025-26. This represents a 12.41% increase over the credit potential for the current financial year 2024-25, which was fixed …

T.N. Finance Minister releases NABARD’s State Focus Paper 2025-26
1 month, 3 weeks ago

T.N. Finance Minister releases NABARD’s State Focus Paper 2025-26

The Hindu  

Despite recent natural disasters, Tamil Nadu continues to demonstrate strong resilience with a compounded annual growth rate of 11-12 percent over the past decade, Finance Minister Thangam Thennarasu said in Chennai on Wednesday. After releasing the State Focus Paper 2025-26 of National Bank for Agriculture and Rural Development at the State Credit Seminar, he said Tamil Nadu had allocated ₹29,730 …

NABARD assesses ₹3.14 lakh cr as Haryana’s credit potential
1 month, 3 weeks ago

NABARD assesses ₹3.14 lakh cr as Haryana’s credit potential

Hindustan Times  

The National Bank for Agriculture and Rural Development has assessed a credit potential of ₹3.14 lakh crore under priority sector lending in Haryana for 2025-26. The National Bank for Agriculture and Rural Development has assessed a credit potential of ₹ 3.14 lakh crore under priority sector lending in Haryana for 2025-26. As per NABARD’s state focus paper released by Haryana …

Nabard State Focus paper projects credit potential of ₹2.79 lakh crore under priority sector in 2025-26
2 months ago

Nabard State Focus paper projects credit potential of ₹2.79 lakh crore under priority sector in 2025-26

The Hindu  

A ‘State Focus Paper for 2025-26’ of the National Bank for Agriculture and Rural Development unveiled on Wednesday projects a credit potential of ₹2.79 lakh crore under the priority sector. 17% increase The total credit potential of ₹2.79 lakh crore represents a 17% increase compared to the credit potential for 2024-25, according to NABARD. New growth opportunities Mr. Balagopal said …

Budget 2025: Agri industry calls for policy reforms to boost sustainability and rural growth
2 months, 1 week ago

Budget 2025: Agri industry calls for policy reforms to boost sustainability and rural growth

Firstpost  

Experts call for reforms such as promoting sustainable farming practices, increasing research funding, rationalising taxes and expanding digital infrastructure in the Union Budget 2025 to support the sector’s growth. The agriculture industry is hopeful that the government will announce measures in the Union Budget 2025 to boost rural infrastructure, strengthen crop insurance and introduce incentives for key crops to boost …

NABARD pegs credit potential for Cuddalore district at ₹21,069.89 crore for 2025-26
2 months, 1 week ago

NABARD pegs credit potential for Cuddalore district at ₹21,069.89 crore for 2025-26

The Hindu  

The Potential-Linked Credit Plan for 2025-26 prepared by National Bank for Agriculture and Rural Development has assessed the credit potential for Cuddalore district at ₹21,069.89 crore, a projected growth of 11% more than the estimation for the current financial year. The Potential-Linked Credit Plan forms the basis for finalisation of the Annual Credit Plan of the district. Releasing the document, …

Cuddalore Collector releases credit potential assessment for 2025-26, aims for Rs 21,069.89 crore credit growth
2 months, 1 week ago

Cuddalore Collector releases credit potential assessment for 2025-26, aims for Rs 21,069.89 crore credit growth

New Indian Express  

CUDDALORE: Collector Sibi Adithya Senthil Kumar released the credit potential assessment document for the financial year 2025-26 at a meeting held at the collectorate conference hall. Speaking at the event, the collector stated, “The National Bank for Agriculture and Rural Development has estimated the district’s credit potential for 2025-26 at Rs 21,069.89 crore. This represents an 11% increase compared to …

MUDRA loan limit hike, credit guarantee scheme for MSMEs
8 months ago

MUDRA loan limit hike, credit guarantee scheme for MSMEs

New Indian Express  

NEW DELHI: In their efforts to revitalise the ailing MSME sector, the backbone of the Indian economy and creator of crores of jobs, the NDA government has come up with a slew of reforms. Finance Minister Nirmala Sitharaman on Tuesday informed that the government is increasing the limit for MUDRA loans for Micro, Small and Medium Enterprises from Rs 10 …

NABARD to launch ₹1000-crore blended fund for agri-startups: chairman Shaji KV
1 year ago

NABARD to launch ₹1000-crore blended fund for agri-startups: chairman Shaji KV

Live Mint  

New Delhi: The National Bank for Agriculture and Rural Development will launch a ₹1,000-crore fund to bolster technology-driven agri-startups and rural enterprises, said chairman Shaji K.V. While the government has been doing a lot in terms of agri-infra fund scheme, animal husbandry infrastructure development fund, and food processing fund, etc., the money is going to traditional farmers or existing players, …

NABARD pegs credit plan estimate for Villupuram at over ₹13,000 crore for 2024-25
1 year, 1 month ago

NABARD pegs credit plan estimate for Villupuram at over ₹13,000 crore for 2024-25

The Hindu  

The National Bank for Agriculture and Rural Development has pegged the Potential Linked Credit Plan for Villupuram district at ₹13,813.96 crore for the year 2024-25. The projected credit potential for the priority sectors of the district for 2024-25 is 87.75% more than the previous year’s estimated credit flow potential. Considering the need for promoting capital formation in agriculture and allied …

NABARD estimates ₹3.97 lakh crore credit potential for Karnataka in 2024-25
1 year, 1 month ago

NABARD estimates ₹3.97 lakh crore credit potential for Karnataka in 2024-25

The Hindu  

National Bank for Agriculture and Rural Development has estimated the credit potential for Karnataka at ₹3.97 lakh crore for 2024-25. The credit potential for the agriculture sector, including the farm credit of ₹1,54,11738.36, has been estimated at ₹1.85 lakh crore. PLPs for all 31 districts NABARD prepared Potential Linked Credit Plans for all 31 districts of the State after detailed …

Banks sanction ₹23.2 lakh crore to about 41 crore beneficiaries under Mudra Yojana
1 year, 11 months ago

Banks sanction ₹23.2 lakh crore to about 41 crore beneficiaries under Mudra Yojana

The Hindu  

Banks and financial institutions have sanctioned ₹23.2 lakh crore to more than 40.82 crore beneficiaries under the Mudra Yojana launched to fund the unfunded eight years ago. Pradhan Mantri MUDRA Yojana was launched on April 8, 2015, by Prime Minister Narendra Modi to facilitate easy collateral-free micro-credit of up to ₹10 lakh to non-corporate, non-farm small and micro-entrepreneurs for income-generating …

Budget 2023: Centre hikes farm credit target by 11% to Rs 20 lakh crore for FY24
2 years, 1 month ago

Budget 2023: Centre hikes farm credit target by 11% to Rs 20 lakh crore for FY24

Firstpost  

Among other big ticket announcements for agriculture and allied sectors, Nirmala Sitharaman – in her budget speech – said the Centre will launch a new sub-scheme of Pradhan Mantri Matsya Sampada Yojana with an investment of Rs 6,000 crore to improve value chain efficiencies and fisheries market New Delhi: The Centre on Wednesday announced an 11 per cent hike in …

Agricultural Credit Target To Be Increased To Rs 20 Lakh Crores: FM Sitharaman
2 years, 1 month ago

Agricultural Credit Target To Be Increased To Rs 20 Lakh Crores: FM Sitharaman

ABP News  

Finance Minister Nirmala Sitharama during her Budget 2023 speech announced an 'Agriculture Accelerator Fund' will be set up to encourage agri-startups by young entrepreneurs. Finance Minister Sitharaman said the agricultural credit target will be increased to Rs 20 lakh crores with a focus on animal husbandry, dairy and fisheries. FM Nirmala Sitharaman also said, over the next 3 years, one …

Nabard projects Madhya Pradesh’s credit potential at ₹2.58 lakh crore
2 years, 2 months ago

Nabard projects Madhya Pradesh’s credit potential at ₹2.58 lakh crore

Live Mint  

The National Bank for Agriculture and Rural Development on Tuesday projected Madhya Pradesh’s priority sector credit potential at ₹2.58 lakh crore for the upcoming financial year 2023-24. According to the announcement made during the annual state credit seminar in Bhopal,the estimated credit potential of Madhya Pradesh has increased from ₹2.42 lakh crore in 2022-23, up 6.43%. A document published by …

Union Budget 2022-23: Covid-hit microfinance industry seeks higher credit guarantee scheme
3 years, 2 months ago

Union Budget 2022-23: Covid-hit microfinance industry seeks higher credit guarantee scheme

India Today  

The Covid-19 hit microfinance sector has urged Finance Minister Nirmala Sitharaman to increase the limit of credit guarantee scheme in the upcoming budget for 2022-23. In the budget representation to the ministry, the self regulatory body of MFIs stated the sector has been facing a few challenges in terms of higher credit costs and access to low-cost long term funds. …

Budget 2022: Govt may hike agri credit target to about Rs 18 lakh cr
3 years, 2 months ago

Budget 2022: Govt may hike agri credit target to about Rs 18 lakh cr

India TV News  

Highlights Govt may hike agri credit target to about Rs 18 lakh cr The government has been increasing the credit target for the farm sector every year For the current financial year, the government has set a credit target of Rs 16.5 lakh crore With a view to give a boost to the agriculture sector, the government is likely to …

NABARD to Disburse Rs 1.20 Lakh Crore Crop Loan to Farmers This Fiscal
4 years, 6 months ago

NABARD to Disburse Rs 1.20 Lakh Crore Crop Loan to Farmers This Fiscal

News 18  

New Delhi: In a bid to support agri sector amid COVID-19 crisis, National Bank for Agriculture and Rural Development on Thursday said it aims to disburse Rs 1.20 lakh crore crop loan to farmers for meeting production expenses this fiscal. Apex agriculture financial institution Nabard annually disbursed Rs 90,000 crore crop loan at a concessional rate. Of this, Rs 40,000 …

FM Nirmala Sitharaman directs banks, NBFCs to focus on increasing credit outgo in 400 districts
5 years, 6 months ago

FM Nirmala Sitharaman directs banks, NBFCs to focus on increasing credit outgo in 400 districts

Live Mint  

To increase credit disbursement during the ongoing festive season, finance minister Nirmala Sitharaman on Thursday directed commercial banks and non-banking financial companies to reach out to customers across 400 districts in two phases before 15 October. Besides, Sitharaman asked banks not to declare stressed assets of MSMEs as non-performing asset till 31 March 2020, invoking the existing guidelines of the …

Annual priority sector credit plan for Peddapalli released
7 years, 1 month ago

Annual priority sector credit plan for Peddapalli released

The Hindu  

District Collector A. Sri Devasena formally released the Potential Linked Credit Plan for the financial year 2018-19 prepared by the NABARD for Peddapalli district on Tuesday. Taking cognisance of the priorities of the government, like promoting climate-resilient agriculture and doubling of farmers’ income by 2022, the total credit potential under the priority sector for the district has been project at …

PM Narendra Modi launches Rs 20000 crore MUDRA Bank | India TV News
9 years, 11 months ago

PM Narendra Modi launches Rs 20000 crore MUDRA Bank | India TV News

India TV News  

New Delhi: Prime Minister Narendra Modi today launched a bank with a corpus of Rs 20,000 crore to extend credit of up to Rs 10 lakh to small businesses and regulate micro-finance institutions, to promote their growth, add to the country's output and create jobs. "After 'banking the un-banked' with the Jan Dhan Yojana, it's time to 'fund the unfunded'," …

Budget 2015: Govt raises farm credit target to Rs 8.5 lakh cr for 2015-16
10 years ago

Budget 2015: Govt raises farm credit target to Rs 8.5 lakh cr for 2015-16

Firstpost  

New Delhi: In a bonanza for farmers, the government today raised agriculture credit target by Rs 50,000 crore to Rs 8.5 lakh crore for 2015-16 fiscal and also announced financial support to enhance irrigation and soil health to achieve higher agriculture productivity. “Farm credit underpins the efforts our hardworking farmers and I have therefore set up an ambitious target of …

Need long-term investment in agriculture to meet food demand: FM
10 years, 2 months ago

Need long-term investment in agriculture to meet food demand: FM

Firstpost  

FM Arun Jaitley today said there is a need for long term investment in agriculture for meeting future food demands of the country. New Delhi: Finance Minister Arun Jaitley today said there is a need for long term investment in agriculture for meeting future food demands of the country. He asked the National Bank for Agriculture and Rural Development to …

Kanna’s Rs.98940 cr. boost to agriculture
12 years ago

Kanna’s Rs.98940 cr. boost to agriculture

The Hindu  

Agriculture Minister Kanna Lakshminarayana unveiled an ambitious Rs. 98,940- crore annual plan for agriculture and allied sectors for the 2013-14 marking an increase of 24 per cent over last year. Presenting the first of its kind plan in the Assembly on Monday after changing it from “agriculture budget,” Mr. Lakshminarayana said it included a provision for Rs. A “concerted and …

Finance minister to meet state-run banks heads, may discuss credit flow, NPA
12 years, 9 months ago

Finance minister to meet state-run banks heads, may discuss credit flow, NPA

India TV News  

New Delhi, Jun 10: Amid concerns over moderation in economic growth and rising bad loans, finance minister Pranab Mukherjee will meet on Tuesday with heads of public sector banks to discuss credit flow to productive sectors and review their performance in the last fiscal. The meeting will take stock of financial performance of the banks in 2011-12 fiscal, sources said, …

Rs.1, 597 crore credit flow envisaged for Karur
13 years, 4 months ago

Rs.1, 597 crore credit flow envisaged for Karur

The Hindu  

The potential linked credit plan for 2012-13 for the district posits a credit estimate of Rs.1,597 crore. 512 crore; for term credit for important thrust areas such as water resources, farm mechanisation, plantation and horticulture, animal husbandry, storage, solar energy, as well as food and agro processing stands at Rs. The PLP maps the potential available in the district for …

Karnataka’s next year credit potential pegged at Rs. 31,255 cr
15 years, 2 months ago

Karnataka’s next year credit potential pegged at Rs. 31,255 cr

The Hindu  

National Bank for Agriculture and Rural Development has estimated a credit flow potential of Rs. The share of crop loan formed 45.6 per cent of the total potential estimated, followed by other priority sector at 28.5 per cent, agricultural term loan at 14.9 per cent and non-farm sector at 11 per cent, a State credit seminar was informed on Wednesday. …

NABARD has been taking proactive measures to improve the flow of rural credit in Maharashtra.
18 years, 4 months ago

NABARD has been taking proactive measures to improve the flow of rural credit in Maharashtra.

The Hindu  

RURAL banking embraces all economic activities that affect rural society. The challenges facing the real sector in rural Maharashtra are a low level of irrigation command and the low potential for expansion of irrigation, salinity in prime farming areas of western Maharashtra, large tracts of rain-dependent land with low rainfall, large tracts of wasteland, persisting poverty and low levels of …

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