Plan set at Rs. 4,255 crore; total priority sector lending at Rs.3,907 crore
Joint Collector H. Arun Kumar has released the Karimnagar district annual credit plan for the year 2013-14 with an outlay of Rs. 4,255 crore against Rs. 3,679 crore during the year 2012-13 with an increase of 3.30 per cent, on Thursday evening.
The total priority sector lending was planned at Rs. 3,907 crore in 2013-14 against Rs. 3,782.6 crore in the year 2012-13. The credit plan allocates Rs. 1,772.40 crore for crop loans - Rs. 1329.30 crore for the kharif season and Rs. 443.10 crore for the rabi season.
Rs 156.32 cr. for irrigation
The allocation for minor irrigation projects is Rs 156.32 crore and Rs. 195.10 crore for farm mechanization.
Rs 182.77 cr. for dairy
In order to increase milk production, Rs. 182.77 crore was allocated to dairy units, poultry unit would get Rs. 32.32 crore; and sheep and goat rearing gets Rs 21.63 crore. The fisheries was allocated Rs 7.16 crore and construction of godowns and storage of agricultural produce Rs. 23.66 crore.
The non-farm sector was allocated Rs. 784.45 crore and other priority sector areas get Rs. 609.57 crore.
Speaking on the occasion, the Joint Collector said that the bankers had almost achieved cent per cent target for the year 2012-13.
He said that the bankers had extended financial assistance of Rs. 503 crore to women SHGs and achieved 108 per cent.
Lead district manager Suresh Reddy, Nabard AGM Uma Maheshwara Rao, SBH chief manager Pradeep Kumar and others were also present.