Tag: NABARD

RBI may revamp agriculture & MSE lending to spur employment

RBI may revamp agriculture & MSE lending to spur employment

The Reserve Bank of India is looking to revamp the structure of State-Level Bankers’ Committees (SLBC) to facilitate agriculture, micro and small enterprises (MSEs), and other priority sectors’ lending for employment generation, said the bank’s Deputy Governor S S Mundra while addressing bankers …

Finance Minister Arun Jaitley-budget

Highlights of Union Budget 2017-18

The 2017 Union Budget, presented by Finance Minister Arun Jaitley on February 1, was broadly focused on 10 issues — farming sector, rural population, youth, poor and health care for the underprivileged, infrastructure, financial sector for stronger institutions, speedy accountability, public serv…

food-park

FoIJ demands establishment of Food Park for MSME sector

Jammu: Federation of Industries Jammu (FoIJ) has demanded establishment of Food Park for the MSME sector in the State. Chairman, of the Federation of Industries, Jammu Lalit Mahajan along with Ajay Langer, General Secretary, BBIA and Viraaj Malhotra Secretary/ Treasurer, BBIA attended one day “Co…

Credit plan envisages support for agriculture, MSMEs

Credit plan envisages support for agriculture, MSMEs

A Rs.6,212.38 crore Annual Credit Plan (ACP) has been released for the district for 2016-17 envisaging priority lending support across sectors, including agriculture and MSMEs. G Vijaya, District Revenue Officer (DRO), Cuddalore launched the ACP for the fiscal prepared by the lead bank, the India…

BUDGET 2016

Budget 2016 | Key Highlights

Majorfocus on agriculture and farmers’ welfare, Mission to provide LPG connection to poor households, New health protection scheme, increased outlay for infrastructure, 2.87 Lakh crore Grant in Aid to Gram Panchayats and Municipalities. Setting up of 1500 Multi Skill Training Institutes and incen…

NABARD-Mumbai

Mumbai needs 50% of Agri loans | NABARD

The State Focus Report of the National Bank for Agriculture and Rural Development (NABARD) for 2016-17, released last week, allocated 51.3 per cent (of Rs 2,96,279.44 crore) of its total potential-linked credit plan (PLP) to Mumbai City and Suburbs. Dr US Saha, Chief General Manager, NABARD-Mahar…

R-K-Srivastava

MSMEs in Goa to get lion’s share of credit from banks in 2016-17

Micro, Small and Medium Enterprises (MSMEs) in Goa, may get better funding from banks in 2016-17 with the NABARD estimating huge scope of lending to the sector. On 19th January NABARD announced the potential credit plan for banks for 2016-17 with MSMEs getting the lion’s share of credit for the y…

Manik Sarkar, Tripura Chief Minister

Fruit processing has huge scope in Tripura : Manik Sarkar

Landlocked Tripura has considerable potential in terms of developing its fruit processing industry since the agro-climatic condition is favorable for horticulture. Manik Sarkar, Tripura Chief Minister said. Addressing a day-long conference on linking prospective food entrepreneurs with government…