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ANANTNAG: NABARD has envisaged a potential of ₹3973 crore in Anantnag district for the year 2026-27 to be achieved by banks, financial institutions and departments associated with development in the district.
This was revealed at a district level consultative committee meeting held today under the chairmanship of District Development Commissioner (DDC), Dr. Bilal Mohiud Din Bhat at Dak Bungalow Khanabal.
The meeting was attended by ADDC, GM DIC, CPO, CAO, CHO, CAHO, DD Fisheries, AD Employment, AGMs of RBI & NABARD, LDM, district officers from various departments and concerned bank officials.
During the meeting, the DDC launched the Potential-linked Credit Plan(PLP) and unveiled the PLP Document prepared by NABARD for the ensuing year 2026-27. He appreciated the efforts of NABARD for accessing the sector wise potential in the district and emphasized upon the banks to focus on priority sectors of NABARD with special focus on Agriculture and allied sectors to generate employment in the district.
AGM, NABARD, Rouf Zargar informed the PLP would form the basis for the preparation of annual District Credit Plan for the upcoming year. It is based on the policies of the Central and UT Governments reflecting the priorities of the Government of India to scale up lending to various sectors of the economy, he noted.
Giving details, AGM said that NABARD has envisaged a total credit potential of ₹3973.03 crore under priority sectors in the district for the year 2026-27.
Sector-wise, the total potential for agriculture, including agriculture infrastructure and allied activities, is estimated at ₹1787.87 crore, whereas ₹490.80 Cr has been earmarked for MSME, ₹17.26 crore for export credit, ₹63.45 crore for education, ₹105.72 crore for housing, ₹19.24 crore for renewable energy and ₹159.54 Cr for social infrastructure development in the district. The informal credit delivery system for support to SHGs/JLGs etc. has been estimated at ₹49.15 crore.
Zargar further informed that for the financial year 2026-27, NABARD has taken up the PLP exercise for the district after elaborate consultation with the stakeholders associated with Agriculture, MSME Sector and Rural Development. Keeping in view the resources and infrastructure available in respective sectors, estimate of the credit potential for the FY 2025-26 has been made for various activities, he added.
Notably the PLP provides a detailed scientific assessment of credit potential for various sectors in the district. NABARD has leveraged technology for preparing digital PLP for efficient credit projections in current year and the new generation document has standardized structure coverage and data indices.