ENA State 2018-12-29 05:54:14 <p><strong>New Delhi, Dec 29 (KNN)</strong> Almost Rs 2213.19 crore, Potential Linked Credit Plan (PLP) for Aravalli district of Gujarat for 2019-20 has been finalized by the National Bank for Agriculture and Rural Development (NABARD). MSME and exports are the priority sectors for the bank credit in the district.</p> <p>The credit plan was launched by Aravalli District Collector, M Nagrajan in the presence of NABARD District Development Manager, Naval Kannor, Lead District Manager Haresh Patel and senior bankers from various banks.</p> <p>According to Nagrajan, district annual credit plan is prepared to give targets to the banks for extending credit to the various priority sectors during the year.</p> <p>The credit potential for Aravalli that is estimated at Rs. 2213.19 crore includes Rs 140.93 crore for MSME.</p> <p>Aravalli district has 21 banks and network of 135 branches.</p> <p>The PLP reflects potential for extending the bank credit in the district for various other sector activities like crop loan, agriculture term loans, housing, education, renewable energy, and self- help group among others.</p> <p>Fixed amount of PLP includes Rs1905.20 crore for agriculture and Rs 1,244 crore for other priority sectors that include social infrastructure, education, housing and renewable energy.</p> 21662 https://knnindia.co.in/news/newsdetails/state/nabard-finalizes-rs-221319-crore-plp-for-aravalli-district-msme-and-exports-are-priority-sectors-for-bank-credit 2018-12-29 05:54:14 knnindia.co.in