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NABARD

(Banking,Finance & Insurance ) INDIA
Power News
NABARD estimates Rs 3,204 cr credit plan for JK    Jammu, (PTI) Becoming partner in the infrastructural development and agricultural growth in Jammu and Kashmir, NABARD today said it has estimated potential credit plan of Rs 3,204 crore under priority sector in 22 districts of J&K for the current financial year. "To encourage financing to agriculture and rural sector, a potential credit plans of Rs 3,204 crore under priority sector for all 22 districts of J&K had been prepared for the year 2011-12 by NABARD," NABARD Chief General Manager (CGM) M L Sukhdeva told reporters here. Giving the details, he said that credit plans for agriculture, off farm sector and priority sector is Rs 792 crore, Rs 723 crore and Rs 1,691 crore, respectively. "A growth of 26.27 per cent in credit has been planed for the current financial year over the last financial year of 2010-11," he said.
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