Madurai: The annual credit plan for agriculture and allies activities for the district this year has been increased to Rs 898.24 crore as against Rs 749.45 crore last year.

The outlay to the total priority sector had been increased by Rs 255.04 crore and fixed at Rs 1480.70 crore, according to the document released by District Collector S  S  Jawahar.

A release here today said the Collector urged the bankers to gear up for disbursing farm loans as water would be released as per schedule from the Vaigai Dam for the next season.

He said some blocks were being neglected and hoped bankers would make proactive and additional eforts to reach the unreachable.

Project Officer Anshul Mirshra reviewed the performance of various banks in disbursement of credit under government schemes.

He requested the bankers to ensure that cases of economic assistance or revolved funds were disbursed within 50 days.

R. Srinivasan, Assistant General Manager, National Bank for Agriculture and Rural Development (NABARD), said the overall performance was satisfactory.
Source : PTI