Focus Merit

NABARD estimates credit potential of Rs 90,000 crore for Odisha for 2020-21

National Bank for Agriculture and Rural Development on Monday projected an overall credit potential for Odisha under priority sector at Rs 90,395 crore for 2020-21. The credit potential of the state was estimated in the State Focus Paper for Odisha, released in the credit seminar for 2020-21.

Ot of the total credit potential for priority sector, an amount of Rs 43,282.11 crore has been assessed under agriculture, Rs 40,227.79 crore is estimated under farm credit which comprises both crop and term loans for agriculture and allied activities. Other sectors consisting of export credit, education, housing, renewable energy and social infrastructure have 18.43 per cent share in the total credit potential under priority sector.