ZIRO, Dec 5: Potential Linked Credit Plan (PLP) for Lower Subansiri District was launched at Hapoli near here by ADC Nending Chatung.
The overall estimated credit potential projected for Lower Subansiri has been made at `3965.72 lakh for the year 2020-21. Of this agricultural sector accounts for Rs.3018.05 lakh; Micro, Small and Medium Enterprises (MSME): `606.56 lakh. Credit potential for Education, Housing, Social infrastructure,Renewable Energy and Informal credit delivery system involving bank credit is estimated at `126.00 lakh, `96.30 lakh, `11.05 lakh, `12.75 lakhand `95.00 lakh respectively.
District Development Manager, NABARD, Mewang K. Lowang, briefed about the whole process and objective of preparation of the Potential Linked Credit Plan (PLP)document by NABARD for each district of the country every year, keeping in view the policies &priorities of the Government of India, State Government and the RBI for modernizing agriculture, reducing rural poverty through promotion of agri-business, strengthening rural infrastructure, up scaling micro-finance intervention and creating sustainable livelihood in the rural non-farm sector and the physical potential available in various sectors.
This document indicates the bankable potentials for various activities to guide all the stakeholders viz.,Banks, District Administration and Implementing Departments of the State Government to materialize the growth potential of the district.PLP projections serve as a basis for the banks in preparing the District Credit Plan (DCP) every year.

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Kenter Joya Riba

(Managing Editor)
      She is a graduate in Science with post graduation in Sociology from University of Pune. She has been in the media industry for nearly a decade. Before turning to print business, she has been associated with radio and television.
Email: kenterjoyaz@easternsentinel.in / editoreasternsentinel@gmail.com
Phone: 0360-2212313

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