Search Global Export Import Trade Data
Recent Searches: No Recent Searches

NABARD report puts Gujarat's credit potential at Rs 3.53 lakh crore for 2024-25.

Date: 16-02-2024
Subject: NABARD report puts Gujarat's credit potential at Rs 3.53 lakh crore for 2024-25
A National Bank for Agriculture and Rural Development (NABARD) report on Thursday revealed that Gujarat's credit potential for priority sectors stands at Rs 3.53 lakh crore. A NABARD release said its annual document 'State Focus Paper 2024-25' was unveiled by Gujarat Chief Secretary Raj Kumar at an event held here in the presence of senior officials, bankers, heads of NGOs and stakeholders.

NABARD is an apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India.

"NABARD's meticulous analysis highlighted a credit potential of Rs 3.53 lakh crore for Gujarat, including Rs 1.42 lakh crore, which comes to 40 per cent, for agriculture and allied sectors, Rs 1.80 lakh crore (51 per cent) for the MSME sector, and the remaining 9 per cent for other priority sectors," said the release.

The document not only outlines the existing credit-absorption capacity but also proposes strategies to enhance it through strategic partnerships and policy interventions, the NABARD release added.
Speaking on the occasion, Kumar exhorted bankers to view farmers as small business enterprises and to augment credit supply to the state's farmers by reposing greater faith in their enterprising skills.

He reiterated the state government's support to NABARD and also called for greater convergence of the bank's developmental interventions with the government's schemes for capacity building of farmers to augment their market scope not just in India but also abroad, the release said.

AK Rakesh, Additional Chief Secretary, state Agriculture, Farmers Welfare and Co-Operation department, urged bankers to strive towards achieving this credit potential of Rs 3.53 lakh crore for financial year 2024-25.

While calling for greater convergence between NABARD, state government and bankers, NABARD Chief General Manager (Gujarat RO) BK Singhal asked bankers to focus on agricultural credit disparities and address them.

Source Name : Economic Times

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 12-04-2024
Seeks to extend the due date for filing of FORM GSTR-1, for the month of March 2024

Date: 10-04-2024
NOTIFICATION No. 08/2024- Central Tax
Seeks to extend the timeline for implementation of Notification No. 04/2024-CT dated 05.01.2024 from 1st April, 2024 to 15th May, 2024

Date: 08-04-2024
Notification No 07/2024 – Central Tax
Seeks to provide waiver of interest for specified registered persons for specified tax periods

Date: 04-04-2024
Notification No. 27/2024 - Customs (N.T.)
Exchange Rate Notification No. 27/2024-Cus (NT) dated 04.04.2024-reg

Date: 26-03-2024
Notification No. 24/2024 - Customs (N.T.)
Exchange Rate Notification No. 24/2024-Cus (NT) dated 26.03.2024-reg

Date: 14-03-2024
NOTIFICATION No. 17/2024-Customs
Seeks to amend notification No. 57/2017-Customs dated 30.06.2017 so as to modify BCD rates on certain smart wearable devices.

Date: 12-03-2024
NOTIFICATION No. 15/2024-Customs
Seeks to amend specific tariff items in Chapter 90 of the 1st schedule of Customs Tariff Act, 1975.

Date: 12-03-2024
NOTIFICATION No. 16/2024-Customs
Seeks to amend Notification No. 50/2017-Customs dated 30.06.2017 so as to change the applicable BCD rate on specified parts of medical X-ray machines.

Date: 07-03-2024
Notification No. 18/2024 - Customs (N.T.)
Exchange Rate Notification No. 18/2024-Cus (NT) dated 07.03.2024-reg

Date: 06-03-2024
Notification No. 13/2024-Customs
Seeks to amend notification No. 50/2017- Customs dated 30.06.2017, in order to reduce the BCD on imports of meat and edible offal, of ducks, frozen, subject to the prescribed conditions, with effect from 07.03.2024.

Exim Guru Copyright © 1999-2024 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001