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Apr 27, 2021, 14:55 IST AMARAVATI: The State Focus Paper (SFP) prepared by National Bank for Agriculture and Rural Development (NABARD) projected that the fisheries sector in Andhra Pradesh would require Rs 3,450.92 crore loans in the current financial year 2021–22. This is 26.81 per cent more than what was projected last year. NABARD also appreciated that the state government s efforts in making various measures to enhance the livelihood of the fishermen. District-wise break up of projected Credits required: In the report, it said that AP Government had ad increased the subsidy on diesel for fishing boats and had provided them with financial assistance for two consecutive years in the name of the YSR Matsykara Bharosa a guarantee scheme given to the fisherman during the hunting ban in the season. It also commended the steps taken to encourage aqua farmers, to supply quality certified inputs through Rythu Bharosa Centres, and to set up fishing harbours ....
Updated: February 24, 2021 23:07 IST This is an increase of 21.05% over projection made for 2020–21; ‘farm sector receiving less investment’ Share Article AAA This is an increase of 21.05% over projection made for 2020–21; ‘farm sector receiving less investment’ The National Bank for Agriculture and Rural Development (NABARD), Regional Office, Karnataka, has projected the credit potential for the State at ₹2,96,051 crore for 2021–22, an increase of 21.05% over the projection made for 2020–21 of ₹2,44,564 crore. Chief Secretary P. Ravi Kumar released the State Focus Paper 2021–22 and said the credit potential for agriculture had been estimated at ₹1,45,213 crore for the year. The farm sector has been receiving less investment in the State as 55% farmers own less than one hectare, he said. ....
Updated: Allocation for RIDF increased from ₹30,000 cr. to ₹40,000 cr. in Union Budget Share Article AAA During the pre-budget consultations, Deputy Chief Minister O. Panneerselvam had called for an increase in the allocation for several schemes.
Allocation for RIDF increased from ₹30,000 cr. to ₹40,000 cr. in Union Budget Tamil Nadu hopes to make much of the enhanced allocation of funds in the Union Budget under a couple of schemes in the agriculture and rural development sectors. In her Budget speech, Finance Minister Nirmala Sitharaman announced an increase in the allocation to the Rural Infrastructure Development Fund (RIDF) from ₹30,000 crore to ₹40,000 crore, besides doubling the corpus of the Micro Irrigation Fund (MIF) to ₹10,000 crore. ....
January 28, 2021 × Nabard has estimated a credit potential of ₹2.21-lakh crore for West Bengal for 2021-22 under the priority sectors. This is almost 16 per cent higher than the estimated credit potential of ₹1.91-lakh crore for FY-21. Of the total credit, the share of agriculture sector including agri infrastructure and ancillary activities is around 40 per cent, MSME is 44 per cent, SHG-JLG around eight per cent, housing sector five per cent, education loans two per cent, social infrastructure – one per cent and the remaining one per cent would be export credit and renewable energy, said a press statement issued by Nabard. Crop loan constitutes around 65 per cent of the total agriculture credit and 26 per cent of the total priority sector credit potential. Allied agriculture constitute around 22 per cent while agri infrastructure and agri ancillary constitute around seven per cent each of agriculture credit. The share of agriculture term loan to total fa ....
NABARD estimates Odisha s credit potential at Rs 1,10,735 crore for the year 2021-22 Synopsis Odisha Finance Minister Niranjan Pujari on Monday released the State Focus Paper at a State Credit Seminar for 2021-22. The meeting was attended by controlling Heads of Banks and senior functionaries from the State government. ThinkStock Photos BHUBANESHWAR: The National Bank for Agriculture and Rural Development has assessed a total credit requirement of Rs 1,10,735 crores for the year 2021-22 with greater emphasis on crop diversification, animal husbandry and fishery sector apart from the greater thrust on enhancing credit flow to Self Help Groups, according to an official release from NABARD. ....