NABARD envisages agriculture credit of ₹7,012 crore for Thanjavur district
The Hindu
The National Bank for Agriculture and Rural Development (NABARD) has put the quantum of loans that could be disbursed for agricultural operations in Thanjavur district during the financial year 2022-2
The National Bank for Agriculture and Rural Development (NABARD) has put the quantum of loans that could be disbursed for agricultural operations in Thanjavur district during the financial year 2022-23 at ₹7,012.76 crores.
Stating that the estimation was done based on the scale of financing of crops and their likely area of cultivation during the next year, K. Balamurugan, the Assistant General Manager, NABARD, (DDM, Thanjavur) said in a press release that the bank had predicted a crop loan outgo of ₹4,740.73 crore and another ₹2,272. 03 crore towards promoting capital formation in agriculture and allied sectors during the next financial year.
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