Annual Credit Plan for the district for 2015-16 envisages a credit flow of Rs. 3,000 crore.
This is Rs. 512 crore more than last year. The credit flow target for 2014-15 was Rs. 2,488 crore.
Darez Ahamed, District Collector, released the annual credit plan on Friday. A sum of Rs. 2,270 crore has been earmarked for agriculture, which works out to 77.32 per cent of the credit plan, Rs. 200 crore for agro industries which works out to 5.84 per cent and Rs. 530 crore for priority sector, which works out to 16.84 per cent. The Collector appealed to bankers to achieve the target. About Rs. 2 lakh each was given as loan for developing poultry farming to two farmers by Nungapuram branch of Indian Overseas Bank. Sivaraman, Project Director, District Rural Development Agency, Chandra-sekaran, Assistant General Manager, IOB , Thanjavur region were present.
