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TN's Priority Sector Credit Potential Projected at ₹9L cr
The New Indian Express Vellore
|February 06, 2025
FINANCE Minister Thangam Thennarasu on Wednesday launched the State Focus paper prepared by National Bank for Agriculture and Rural Development (NABARD) that predicts a total credit potential of ₹9.37 lakh crore for priority sectors in the state for the year 2025-26.
This represents a 12.41% increase over the credit potential for the current financial year 2024-25, which was fixed at ₹8.3 lakh crore. The agriculture sector accounted for 46% (₹4.34 lakh crore) of the total projection, while the MSME sector (₹3.45 lakh crore) is expected to contribute approximately 37%, reflecting the growing demand for credit in this area.
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