NABARD pegs Odisha's credit potential at Rs 1.34 lakh cr for 2022-23

NABARD pegs Odisha's credit potential at Rs 1.34 lakh cr for 2022-23

The credit project for the year 2022-23 is 21.61 per cent higher than the previous year's Rs 1,10,735 crore.

AgenciesUpdated: Tuesday, January 11, 2022, 04:13 PM IST
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The highest amount of Rs 52,050.78 crore (38.65%) has been assessed under the agriculture sector. | File Photo

The National Bank for Agriculture and Rural Development (NABARD) has projected Odisha's credit potential at Rs 1,34,665 crore for the financial year 2022-23.

The credit project for the year 2022-23 is 21.61 per cent higher than the previous year's Rs 1,10,735 crore, according to NABARD.

The highest amount under the agriculture sector has been assessed at Rs 52,050.78 crore (38.65%).

Credit potential under MSME sector has been assessed at Rs 60,001.27 crore, constituting around 44.56 per cent of the total priority sector, stated NABARD.

(With inputs from IANS)

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