NABARD projects credit potential of Assam at Rs 45,957 crore for the financial year 2024-25

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Guwahati: The National Bank for Agriculture and Rural Development (NABARD) projects credit potential of Rs 45,957 crore for the state of Assam for the financial year This is 16% higher than the previous year...

crore has been projected towards MSME sector, while credit potential for Informal Credit SHGs / JLGs have been pegged at Rs 2204.00 crore; Housing and Education Sector was projected at Rs 2239.00 crore...

The dignitaries present in the function highly praised NABARD for methodically mapping available exploitable credit potentials encompassing all Priority Sector activities of the States economy...

NABARD has scripted innumerable interventions towards expanding the scale of finance, extending concessional credit, forming grassroots institutions, designing customized financial products, contribution towards building rural infrastructure, Farmers Producer Organization, developing watersheds and securing & diversifying tribal livelihoods, and many more...

Bhutani in his address appreciated NABARD for bringing out this vital document to act as the basis of credit potential and dispensation and tapping the MSME sector..