RAJANNA-SIRCILLA, MARCH 11, 2025: The National Bank for Agriculture and Rural Development (NABARD) has projected the credit potential for Rajanna Sircilla district at ₹ 3948 crore for the year 2025-26.
The Potential Linked Credit Plan (PLP) 2025-26 was formally launched on Tuesday by District Collector Sandeep Kumar Jha in the presence of M Dileep Chandra, District Development Manager (DDM), NABARD; B. Sheshadri, District Rural Development Officer (DRDO); T.N. Mallikarjun Rao, Lead District Manager (LDM); and Ramakrishna, District Cooperative Officer (DCO).
NABARD, as the Development Bank of the Nation, prepares annual Potential Linked Credit Plans (PLPs) at the district and state levels to align credit flow with the sectoral potential and developmental priorities. These plans serve as a guiding document for banks in formulating their Annual Credit Plan (ACP) by identifying sector-wise credit potential, infrastructure requirements, and policy interventions.
| Sector wise PLP projections for the year 2025-26 | |
| Sector | Amount (₹ crore) |
| Agriculture | 3189.07 |
| MSME | 612.30 |
| Export Credit | 3.20 |
| Education | 28.00 |
| Housing | 40.04 |
| Social Infrastructure | 10.80 |
| Renewable Energy | 31.10 |
| Others | 33.50 |
| Total | 3948.01 |
The significant growth in agricultural credit potential underscores the increasing role of institutional finance in boosting farm productivity, promoting allied activities, and strengthening rural infrastructure. The MSME sector, a key driver of employment and entrepreneurship, also witnessed a steady increase in credit potential, highlighting the growing industrial and business opportunities in the district.
