Rs 12,150 crore annual credit plan released

The Annual Credit Plan for 2015-16 was released today, which envisages a credit outlay of Rs 12,150 crore, considered the highest among all the districts in Tamil Nadu.
Releasing the booklet District Collector Archana Patnaik said that the credit plan has an 18.81 per cent increase over the plan of Rs 10,226 crore for last year, an increase of Rs 1,924 crore.
The agricultural and allied sectors have been given Rs 5,127 crore, an increase of 18 per cent, while non-farm sector (MSME) Rs 5,028 crore, an increase of 21 per cent over last year, she said.
The Other Priority Sector has been earmarked Rs 1,995 crore, Archana said.

The first copy of the booklet, which contained all the details of the Bank Branches in the district and prepared by NABARD, was received by S Krishnan, General Manager, Canara Bank.