AP: CM who unveiled the 2021-22 annual Credit plan
The 215th State Level Bankers’ Meeting was chaired by Chief Minister Shri Y.S. Jagan. The CM unveiled the 2021-22 annual Credit plan at the meeting.
“As part of this, we aim to lend 54% (Rs 1,48,500 crore) to the agriculture sector alone,” he said.
Covid said that despite the financial burden, 105% of the priority sectors and 114.16% of the agricultural sector have surpassed the expected targets through lending.
The role of banks in this is unforgettable, he said. He urged the banks to increase their efficiency in the areas of Agri Infra, agricultural allied sectors, housing and education.
The meeting was attended by Agriculture Minister Kannababu, SLBC Chairman, Lead Bank officials, NABARD CGM Sudhir Kumar Jannawar