The credit potential of ₹46,004.98 crore assessed for Tiruppur district by National Bank for Agriculture and Rural Development (NABARD) for 2025-26 reflects a 17.9% increase over the current year credit target for the district.
The Potential Credit Plan (PCP) has earmarked ₹25,180.76 crore for MSMEs.
The PCP envisages outlay of ₹11,667.67 crore for agriculture (crop production, agriculture infrastructure and other agriculture ancillary activities), ₹984.75 crore for export credit, ₹307 .20 crore for education, ₹955.88 crore for housing, and ₹788.07 crore for renewable energy.
While ₹3,557.41 crore is to be used under the head ‘Others (which includes self-help groups and joint liability groups), ₹2,554.21 crore has been set apart for social infrastructure.
Referring to the credit plan as a time-bound programme, Collector T. Christuraj, who released the first copy of the document, emphasised at the district-level consultative meeting that the progress at the ground level has to be reviewed on a quarterly basis.
S. Durga Prasad, Lead District Manager, received the first copy of the credit plan document. T Ashok Kumar, District Development Manager of NABARD, and V.V.K . Vamsidhar Reddy, Lead District Officer, Reserve Bank of India, also took part in the meeting.
Published - February 15, 2025 07:51 pm IST
