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Naidu unveils annual credit plan for ₹6.6L-cr for 2025-26
Hindustan Times Bengaluru
|April 30, 2025
Launching the annual credit plan for ₹6.6 lakh crore for 2025-26, Andhra Pradesh chief minister N Chandrababu Naidu on Tuesday appealed to bankers to focus on extending loan facilities to women self-help groups, tenant farmers, as well as to members of the Scheduled Castes, Scheduled Tribes, other backward classes and minorities.
HYDERABAD:
At the 231st State Level Bankers' Committee (SLBC) meeting held at the secretariat, Naidu launched the annual credit plan for ₹6.6 lakh crore and said it will be implemented by bankers during the financial year 2025-26. "The credit plan reflects a 22% increase over the previous year's target of ₹5.4 lakh crore."
"The 2025-26 credit plan proposes to extend loans to the extent of ₹3.06 lakh crore for the agriculture sector, ₹1.28 lakh crore for micro, small and medium enterprises (MSMEs). In all, ₹4.58 lakh crore would be given for priority sectors and ₹2.02 lakh crore for non-priority sectors," he said.
This story is from the April 30, 2025 edition of Hindustan Times Bengaluru.
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