Annamayya district annual credit plan set at ₹16,619 crore
Annamayya District Collector Sridhar Chamakuri on Thursday said the District Annual Credit Plan for 2025–26 envisaged a total credit outlay of ₹16,619 crore with agriculture sector earmarked with ₹12,273 crore followed by an allotment of ₹1,495 crore for industries and services. The Collector directed the bankers to ensure prompt implementation of the Annual Credit Plan for the financial year 2025–26.
The Collector was addressing the bankers and officials of the agriculture and allied departments at a review meeting held at the Collectorate. Lead District Manager (LDM) Anjaneyulu apprised the Collector that the district surpassed its targets for the financial year 2024–25 by posting 131% of the overall credit disbursement target. He said that the agriculture sector received 126% of its targeted credit, while the industry and service sectors achieved their targets with 108% disbursement.
The Collector highlighted the need for enhanced credit flow, primarily to the sectors of agriculture, industries, and women's self-help groups. He said that the loans to SHGs be processed timely and the digitisation be completed within the timeframe.
Officials from the Reserve Bank of India, NABARD, and State Bank of India were present.
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