Collector A.K. Kamal Kishore released on Wednesday evening the potential linked credit plan for the district that foresees the credit outflow of ₹12,511.09 crore for the fiscal 2025 - 26.
Of this hefty allocation, agricultural sector, the district’s predominat vocation, gets the major share of ₹10,069.85 crore while ₹2,032.80 crore will go to the marginal, small and medium industries. The remaining allocation will go to exports business (₹3.38 crore), education loan (₹22.99 crore), housing (₹138.40 crore) green energy (₹1.62 crore), social infrastructure (₹1.16 crore) and other credits (₹240.90 crore).
The Collector urged the bankers to clear the education loan applications from eligible students as early as possible so as to ensure their unhindered studies and sanction the loans for the MSME ventures with due care.
Senior officials from various banks participated in the meeting.
Published - March 13, 2025 06:49 pm IST
