Guwahati, March 31 -- The National Bank for Agriculture and Rural Development (NABARD) has projected a credit potential of Rs 3,910.91 crore for Meghalaya under priority sector lending by banks for the financial year 2025-26.
NABARD estimates the credit allocation to include Rs 1,461.21 crore (37.36%) for the agriculture sector, Rs 2,063.64 crore (52.77%) for the MSME sector, and Rs 386.07 crore (9.87%) for other priority sectors such as housing and education loans.
In a statement released during a workshop, NABARD stated that the primary focus for FY 2025-26 would be strengthening rural infrastructure, especially roads, storage, agro/food processing facilities, and promoting agro-climatic resilient practices.
At the workshop, Addition...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.