Rs.4.88L-cr priority sector credit potential in Raj for FY '26-27: NABARD
Jaipur, Feb. 14 -- National Bank for Agriculture and Rural Development (NABARD) on Friday projected a priority sector credit potential of Rs.4.88 lakh crore during the next financial year to drive integrated rural growth in the state.
Chief secretary V Srinivas released NABARD's State Focus Paper (SFP) for FY 2026-27 at a State Credit Seminar, stressing coordinated efforts by banks and departments to boost agriculture, MSMEs and rural infrastructure in line with the state's development priorities.
In his address, Srinivas described the seminar as a vital platform for aligning financial institutions with the State's development priorities. Highlighting the Rs.6.11 lakh crore state budget outlay, he emphasises its strong foundation with a focus on enhancing household incomes and commitment to agriculture, rural roads, drinking water and renewable energy.
Dr R Ravi Babu, chief general manager NABARD, said the total projected Priority Sector Credit Potential for Rajasthan for FY 2026-27 is of Rs.4.88 lakh crore in line with the broader vision envisaged under Viksit Rajsthan@2047. He said block-wise credit potential are estimated for different sub-sectors of Priority Sector Lending duly considering available infrastructure and the actual ground level credit flow. Agriculture and allied activities are projected at Rs.2.24 lakh crore and MSMEs at Rs.2.27 lakh crore, a message that the state's growth engine is now balanced between farm and non-farm sectors....
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