NABARD Sets ₹27,434 Crore Credit Potential for Cuddalore in 2026-27
December 28, 2025
The National Bank for Agriculture and Rural Development (NABARD) has fixed the credit potential for Cuddalore district at ₹27,434.05 crore for 2026-27. This was announced by Cuddalore Collector Sibi Adhithya Senthil Kumar during a recent credit outreach programme.
The Potential-Linked Credit Plan (PLCP) guides the Annual Credit Plan (ACP) of the district. The Collector asked banks to increase lending targets for medium and long-term agriculture credit. He highlighted areas like farm mechanisation, micro irrigation, and animal husbandry as having strong potential.
"The PLP for the district, which evolved out of consultations with officials at the Block, District, and State-level departments in the government, banks, and NGOs, also reflected the national priorities of the Government of India to scale up lending to various sectors of the economy," said Mr. Kumar.
Out of the total credit potential, the agriculture sector share is ₹22,281.92 crore. The MSME sector, supported by new government policies, is allocated ₹3,002.88 crore. Other priority sectors have a combined credit estimate of ₹2,149.25 crore.
Local banks will now prepare branch-wise credit plans to finalize block and district credit plans for 2026-27. The Collector urged banks to use the PLCP for meeting their credit targets.
The event saw participation from Lead District Manager of Indian Bank Ashok Raja, Assistant General Manager of NABARD S. Sasikumar, bankers, and government officials.
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Tags:
Nabard
Plcp 2026-27
Cuddalore Credit Plan
Agriculture Finance
Msme loans
District Credit Plan
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