The National Bank for Agriculture and Rural Development (NABARD) has announced that the priority sector lending for the Telangana State for the year 2016-17 stood at Rs.59,831 crore.
The announcement was made by the NABARD Chief General Manager V.V.V.Satyanarayana during the State Credit Seminar here on Tuesday where the credit plan estimates for the coming year were unveiled. The credit estimates for the state for 2016-17 were 20 per cent higher than the same in the current year, Mr.Satyanarayana noted, and said that accelerating the pace of credit for capital formation in agriculture continues to be the theme of the credit plan for ensuring a sustainable agricultural growth.
Source : The Hindu
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