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NABARD chalks Rs 89,049 crore credit plan for agriculture in Haryana

16 Feb 2015 Evaluate

National Bank for Agriculture and Rural Development (NABARD) has chalked out Rs 89,049 crore credit plan for agriculture in Haryana for fiscal 2015-16. This is 14% more than the plan estimated for 2014-15. It has estimated crop loan at Rs 45,210 crore under the state credit plan which contributes 51% of the priority sector credit estimates.

The agricultural term loan credit potential, which supports capital formation, has been projected at Rs 15,198 crore, Micro Small Enterprise Sector at Rs 14,733 crore and other priority sectors at Rs 13,908 crore.

Overall, the credit potential for agriculture and allied activities at Rs 60,408 crore account for 68% of the total potential sector.