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Potential Linked Credit Plan for Golaghat dist launched

By Correspondent

DERGAON, Jan 16 - The Potential Linked Credit Plan (PLP) for Golaghat district was launched by the Golaghat Deputy Commissioner Gaurav Bothra at a function held in the conference hall recently.

In his inaugural address, the Deputy Commissioner underlined the importance of Potential Linked Credit Plan presented by NABARD for the district as a whole. He opined that the PLP projections given in this document will form the basis for banks in preparing the Annual Credit Plan for the district. The Potential Linked credit Plan of NABARD is an Annual Planning exercise involving various stake holders to identify the potentials for development of the district and strategies focused for flow of bank credit to the priority sectors in the ensuing year. The classification of priority sector has been revised by Reserve Bank of India during 2015-16 and projections in the PLP have been aligned thereto. He appealed to the bankers to achieve the target set in the PLP for 2017-18. He advised Lead District Manager to prepare Annual Credit Plan based on NABARD�s PLP projection, which is scheduled to be launched during March 2017. He also requested District Development Manager, NABARD, Golaghat to present purpose-wise and sector-wise PLP projection for the year 2017-18.

The Deputy District Manager (DDM), NABARD Susanta Chakraborty presented a detailed overview of the sector-wise and purpose-wise projection of Potential Linked Credit Plan 2017-18 for the Golaghat District. He mentioned that total Priority Sector Projection for 2017-18 is Rs 33614.82 lakh out of which Credit Potential for Agriculture is Rs 22528.32 lakh, MSME, Rs. 7342.82 lakh, Export Credit, Education, Housing, Renewable Energy, Others viz., SHG, JLG, Social Infrastructure together projection is around to Rs 11086.50 lakh. After threadbare discussions, the meeting accepted the projection prepared by NABARD for 2017-18 under the chairmanship of the Deputy Commissioner.

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