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Nabard pegs Odisha's credit potential at Rs 75,612 crore for FY20

The total outlay for credit requirement projections is an aggregation of the 'Potential Linked Credit Plans' prepared by the Nabard for all the districts of the state

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An employee counts Indian currency notes at a cash counter inside a bank in Kolkata. Photo: Reuters

Nirmalya Behera Bhubaneswar
The National Bank for Agriculture and Rural Development (Nabard) has estimated the credit requirement for priority sectors in Odisha at Rs 75,611.97 crore for 2019-20.

The total outlay for credit requirement projections is an aggregation of the 'Potential Linked Credit Plans' prepared by the Nabard for all the districts of the state.

A State Focus Paper (SPF) with theme “Sustainable Agricultural Practices” was released by Chief Secretary Aditya Prasad Padhi at the State Credit Seminar for 2019-20.

Out of the total credit potential for priority sectors, agriculture and allied sector constitute Rs 41,320.02 crore, which is about 54.65 per cent

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