The Annual Credit Plan (ACP) for Krishnagiri district for the financial year 2009-10 envisages a total outlay of Rs. 1,084.74 crore, which is 16.20 per cent (Rs. 151.11 crore) higher than that of the previous year.
Indian Bank Chairman and Managing Director M.S. Sundara Rajan released the ACP here on Thursday and Collector V.K. Shanmugam received the first copy.
Agriculture gets the lion’s share of Rs. 646.26 crore, which accounts for 59.90 per cent of the total outlay benefiting 1,73,071 beneficiaries. This is 85.81 per cent higher than the previous year’s outlay.
The projected crop loan will be Rs. 352.52 crore, 44 per cent higher than that of the last year. A sum of Rs. 232.78 crore has been earmarked for agriculture term loan and for agriculture allied sectors it is Rs. 60.96 crore (18.74 per cent higher than last year).
Besides these, an amount of Rs. 157.92 crore has been allocated for Small Scale Industries, which is 4.78 per cent higher than the last year.
An outlay of Rs.280.56 crore has been projected for other priority sectors such as transport, retail trade, small business professional and self-employed, housing and education loans. This is 60.52 per cent higher than the last fiscal.
Indian Bank Assistant General Manager G. Muthappan, Lead District Manager B. Vadivel and National Bank for Agriculture and Rural Development Assistant General Manager V. Thirumalai participated.
SHG fairLater, Mr. Sundara Rajan inaugurated an exhibition of products by the women Self-Help Groups from Dharmapuri and Krishnagiri districts.
More than 15 groups participated in the exhibition and showcased their productes.
He also honoured 26 toppers of SSLC and Plus Two exams from both the districts.
All of them were given cheques ranging from Rs. 3,000 to Rs. 5,000 at a simple function organised in Krishnagiri.
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