ADC and chairman of DCC/DLRC launches NABARD Potential Linked Credit Plan 2022-23

Pathankot, December 17 (Punjab Post Bureau) – ADC Subhash Chander launched Potential Linked Credit Plan (PLP) 2022-23 document prepared by NABARD for total projections of`1786 Crore for Pathankot district. The PLP was launched during District Consultative Committee (DCC) meeting on 13 Dec 2021. This PLP document covers the potential credit areas under the Priority sector.

              ADC stressed upon the banks to increase flow of credit to the society and instructed the banks for sanctioning of loans under MSME, MUDRA, Standup India, PMSVA Nidhi etc.

             NABARD District Development Manager Shri Manjeet Singh said that agriculture credit shall be increased under investment credit so that capital formation in agriculture sector can take place. The performance of the banking sector under the Annual Credit Plan during the last financial year was also discussed during the meeting.

               Mr. Srikrishana Biswas AGM RBI, Sunil Dutt Chief LDM PNB, Bankers and representatives of various departments were also present during the meeting.