The credit seminar was held on Thursday in Guwahati. Of the total projected credit potential, as much as Rs 21529.00 crore is towards Agriculture and Allied activities. Further, credit potential of Rs 19012.00 crore has been projected towards MSME sector, while credit potential for Informal Credit – SHGs / JLGs have been pegged at Rs 2204.00 crore; Housing and Education Sector was projected at Rs 2239.00 crore.
In Ghana, it has been evident for some time now that housing is a major component of household wealth, especially for low and middle-income households. Housing wealth is increasingly gaining importance to most Ghanaians evidenced by the increase in demand for ownership, however, the supply is failing to keep up…
NABARD projects credit potential 15.46% higher than the previous year
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Synopsis
The theme of the State Focus Paper 2021-22 is “Collectivization of Agricultural Produce for enhancing Farmer’s Income”. Sarbananda Sonowal, Chief Minister Assam inaugurated the State Credit Seminar 2021 and unveiled the State Focus Paper 2021-22 prepared by NABARD.
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Saha, however, expressed his concern that credit to agriculture is showing a declining trend as per data published by SLBC, Assam.
Guwahati: National Bank for Agriculture and Rural Development (NABARD) projects credit potential of Rs 32316.03 crore for Assam for the financial year 2021-22, which is 15.46% higher than the previous year.