Latest News | NABARD Organises Seminar on Credit in Jaipur

Jaipur, Dec 8 (PTI) A state credit seminar for the financial year 2023-24 was organised by the National Bank for Agriculture and Rural Development (NABARD) here on Thursday.

The seminar deliberated on the issue of credit demand at the base level, besides taking cognisance of the policy cooperation and programmes initiated by NABARD, financial institutions, state and central governments in various sectors, Baiju Kurap, Chief General Manager, NABARD, said in a statement.

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He also spoke about the recent joint efforts by the central and state governments to revive cooperatives through computerisation of primary cooperative agriculture societies for better credit flow to farmers.

With a focus on the priority sector and to ensure integrated and sustainable rural prosperity in Rajasthan, NABARD has estimated a priority sector lending potential of Rs 2.75 lakh crore for the state in FY 2023-24, according to the statement.

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This estimated loan potential is 9.6 per cent more than the previous year, it said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)