PLP projects 18 p.c. increase over DCP
The Potential Linked Credit Plan brought out by National Bank for Agriculture and Rural Development (NABARD) envisages a credit flow of Rs. 4,723.57 crore for the district during 2014-15.
The plan envisages extending crop loans to the tune of Rs. 1,934.57 crore and term credit of Rs. 1,149.20 crore for agriculture; Rs. 614.98 crore for the non-farm sector; and Rs. 1,025 crore for other priority sector.
The plan was released by Collector Jayashree Muralidharan at the district-level bankers meet on Thursday.
S. Suresh Kumar, Assistant General Manager, NABARD, said the plan projected an increase of 18 per cent over the district credit plan target of Rs. 3,995.80 crore for 2013-14. The plan would form the basis for preparation of annual district credit plan for 2014-15.
PLP projects 18 p.c. increase over the district credit plan target of 2013-14