Rs. 3,353 crore credit plan for Mandya district released

The annual credit plan for Mandya district for 2015-16 envisaging a credit flow of Rs. 3,353.29 crore was released here on Monday.

Mandya Zilla Panchayat Chief Executive Officer Rohini Sindhuri and the officials of various banks released the annual credit plan (ACP), a release said.

The credit plan, which has been drawn up by the Vijaya Bank, which is the Lead Bank, has earmarked Rs. 3,115.25 crore for priority sector and Rs. 242.02 crore for non-priority sector.

The allocation for crop loans is Rs. 1,511.59 crore and Rs. 175.54 crore for small and micro industries.

The plan has set aside Rs. 549.12 crore for the implementation of Rajiv Gandhi Chaitanya Scheme, National Rural Livelihoods Mission (NRML) and others.

Bindumadhava Vadavi, Assistant General Manager of National Bank for Agriculture and Rural Development (NABARD), Dayakara Shetty, Regional Manager of Vijaya Bank and G. Basavarajappa, Lead Bank Manager, and others were present.