NABARD Jharkhand organised ‘State Credit Seminar 2020-21’ here on Tuesday with the objective of presenting macro perspectives on the present and emerging potentials in Priority Sector (viz. Agriculture, MSME, Export Credit, Education, Housing, Social Infrastructure, Renewable Energy, Others), the rural Infrastructure facilities and other support services (existing/ planned), to the Government, Banks and other Stake holders.
Additional Chief Secretary KK Khandelwal was the Chief Guest on the occasion. Secretary Planning and Resource Sunil Kumar, Officer-in-charge, Reserve Bank of India, Sanjiv Dayal, GM, SLBC RK Dash and other dignitaries in programme included Sr. officials from various line depts. Controllers of Banks, representatives from various Research and Voluntary organizations etc.
In his welcome address, AK Padhi, Chief General Manager, NABARD Jharkhand spelt out the role of NABARD in formulation/ presenting macro-perspectives on Agriculture & Rural Credit. He highlighted the significance of NABARD’s State Focus paper in providing an impetus to formulation of the Annual Credit Plan by SLBC for Banks in Jharkhand.
Padhi highlighted NABARD’s assessment of Credit potential of Rs.27020.80 Crore for the FY 2020-21 under Priority Sector for the state of Jharkhand. (He informed the audience on sub-sectoral trends in credit flow, the road map for development of Agri. & allied sectors, critical Infrastructure required etc. In his brief address, Padhi also informed the gathering on initiatives by NABARD in Jharkhand.
In his concluding remarks, CGM NABARD called upon State government and all Banks for concerted action to translate the credit projections in NABARD State Focus Paper into reality.
Additional Chief Secretary K K Khandelwal, in his brief address spelt out the state government plans and interventions towards development of Agriculture, Rural Connectivity and Social sector in Jharkhand. He called upon all Banks to devise ways to enhance Ground level credit flow in Jharkhand and fulfil the critical gaps in the infrastructure credit projections. In his concluding remarks, Khandelwal thanked NABARD for its financial assistance and developmental interventions and assured the state governments commitment towards Agriculture & Rural Development.
A detailed presentation on the State Focus Paper was made which was followed by open house discussion.
On the occasion, NABARD also presented awards to four good performing Farmer Producer Organization(FPO).
