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The Hindu
The Hindu
National
Staff Reporter

Andhra Pradesh: Jagan unveils Annual Credit Plan for 2022-23

YS Jagan Mohan Reddy Agriculture

 

Chief Minister Y.S. Jagan Mohan Reddy released  the State Annual Credit Plan (ACP) for the year 2022-23 with a total outlay of ₹3,19,480 crore, at the 219th State Level Bankers’ Committee (SLBC) meeting on Thursday. 

Of the total outlay, 54% of the loans has been earmarked for the agriculture sector. It has been is targeted to extend ₹1,64,740 crore as loans in the agriculture sector and ₹2,35,680 crore as loans to the primary sector, which is 73.76% of State annual credit plan.

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