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Gujarat Agriculture credit flow pegged at Rs 2,37,698 cr

Posted on Feb 26, 09:18PM | UNI

Ahmedabad, Feb 26 : The National Bank for Agriculture and Rural Development (NABARD) has prepared State Credit Plan for Gujarat envisaging agriculture credit flow of Rs 2,37,698 crore during 12th Five-Year Plan period (2012-2017).

The outlay for the priority sector comprising agriculture, agro processing, small and micro enterprises, education, housing sector stands at Rs 3,46,335 crore.

While releasing the State Focus Paper for 2013-14 in the State Credit seminar, organised by NABARD at Ahmedabad Management Association (AMA) here today, State chief secretary Dr Varesh Sinha appreciated the efforts of NABARD in preparation of State Focus Paper and exhorted the bankers to come forward and enhance credit flow to agriculture sector on the lines suggested by NABARD.

He gave an account of various measures being taken by the government in agriculture and rural development sector and informed that due to efforts of the government, the total cultivable area in the state has increased from 110 lakh hactare to 145 lakh hactare. He also shared the success of the Krishi Mahotsav campaigns being organized by the state government.