ENA MSME 2021-11-10 09:39:23 <p><strong>New Delhi, 10 Nov (KNN)</strong> District Collector of Coimbatore G.S. Sameeran released the potential linked credit plan for the district and has advised the banks to ensure hassle-free loans for education, MSME sector and loans under various government schemes.</p> <p>He has encouraged the bankers and shown full support to promote entrepreneurs, allowing the districts potential in the industrial sector to grow.</p> <p>According to reporters, the National Bank for Agriculture and Rural Development (NABARD) projects 8.88 % growth in credit outgo next financial year in Coimbatore district compared to the projection given for the current year.</p> <p>The plan projects the credit potential to be INR 25,004.27 crore for 2022-23. The document is the basis on which the annual credit plan is finalised.</p> <p>While the MSME sector was expected to get the major portion (42 %) of the credit with INR 10,573.33 crore, the agriculture sector was expected to get INR 9,118.88 crore, including INR 8,013.14 crore towards farm credit.</p> <p>He said that, there was more weightage on export credit and education loan.</p> 27634 https://knnindia.co.in/news/newsdetails/msme/coimbatore-district-collector-coaxes-banks-for-hasselfree-loans-to-msmes 2021-11-10 09:39:23 knnindia.co.in