Chief Secretary, Govt of Haryana releases NABARD State Focus Paper 2025-26 with Credit Potential of Rs 3.14 lakh crore
The credit potential under agriculture, MSME and other priority sector including education and renewable energy has a share of 35.60%, 57.12% and 7.28% respectively.
Chief Secretary, Govt of Haryana releases NABARD State Focus Paper 2025-26 with Credit Potential of Rs 3.14 lakh crore
NABARD has assessed a credit potential of Rs 3.14 lakh crore reflecting an increase of 37.64% over the previous year under priority sector lending in Haryana State for the year 2025-26. The credit potential under agriculture, MSME and other priority sector including education and renewable energy has a share of 35.60%, 57.12% and 7.28% respectively.
NABARD’s State Focus Paper (SFP) was released by Shri Vivek Joshi, IAS, Chief Secretary, Govt. of Haryana, during the State Credit Seminar 2025-26 held on 30 January 2025 at Chandigarh in the presence of Smt. Nivedita Tiwary, Chief General Manager, NABARD, senior executives of banks, senior officers of state government and academic institutions of the state.
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Chief Secretary appreciated efforts of NABARD to assess the credit potential under agriculture, MSME, export, education, renewable energy etc. of the State that align with the government’s vision for farmers' welfare and rural development with emphasis on crop diversification, climate-resilient agriculture, shrimp farming and promoting vegetable clusters.
He urged Banks, Government departments, NABARD, SLBC, academic institutions and all other stakeholders to synergize coordinated efforts for creating increased employment opportunities in rural areas.
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Smt. Nivedita Tiwary, CGM highlighted the consultative process to arrive at the credit potential of Rs 3.14 lakh crore of the state by assimilating the potential worked out in Potential Credit linked Plans for all 22 districts of Haryana.
She appreciated the need for dovetailing the Credit Potential worked out for all 22 districts by NABARD with the District Credit Plan prepared by Lead Banks. She reiterated the NABARD’s commitment to addressing the pressing challenges faced by Haryana’s agricultural and rural sectors and promoting sustainable solutions that would benefit the farmers and villagers.
Financial inclusion is central to developmental initiatives, especially the computerization of Primary Agricultural Cooperative Societies (PACS) and the expansion of mobile ATMs and Business Correspondents (BCs) in rural areas enhancing digital literacy and access to financial services.
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