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The Hindu
The Hindu
National
The Hindu Bureau

District Credit Plan for 2024-25 for Mysuru pegged at ₹31,720 crore

Mysuru KV Rajendra

The District Credit Plan for 2024-25 for Mysuru was pegged at ₹31,720 crore of which 20,220 crore has been allocated for the priority sector advances.

The annual credit plan was released by Deputy Commissioner K.V. Rajendra here on Wednesday and the outlay for agricultural and allied activities under the priority sector has been pegged at ₹10,197 crore.

This year’s total outlay of ₹31,720 crore is higher over the last year’s allocation by 11 per cent. Out of the total allocation of ₹10,197 crore for agricultural and allied activities, ₹5,811 crore has been earmarked for crop loans and ₹4,386 crore is meant for term loans. The allocation for SSI/MSME sector is ₹6,313 crore while ₹3,710 crore has been earmarked for trade and services.

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