The National Bank for Agriculture and Rural Development (Nabard) has prepared the State Credit Plan for Gujarat envisaging agriculture credit flow of Rs 2,37,698 crore during the Twelfth Five-Year Plan period (2012-2017).

The outlay for the priority sector comprising agriculture, agro-processing, small and micro enterprises, education, the housing sector, etc, stands at Rs 3,46,335 crore, according to a press release here.

This information was given at a seminar organised here by Nabard, in which Dr Varesh Sinha, Chief Secretary, Gujarat, released the State Focus Paper for 2013-14.

H.R. Dave, Chief General Manager, Nabard, Gujarat Regional Office, while speaking about the 2013-14 projections, informed that the total priority sector plan for 2013-14 for the State worked out to Rs

61,300.51 crore, of which agriculture, including crop loan and term loans for various agricultural allied activities, accounts for Rs 41,166.24 crore envisaging a growth of 21 per cent over the 2012-13 targets.

Dr Sinha said the total cultivable area in Gujarat has increased from 110 lakh hectares to 145 lakh ha during the last few years. The State Government will also organise from next year a Vibrant Agriculture event on the lines of Vibrant Gujarat for industrial development.

(This article was published on February 27, 2013)
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