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Jammu-Kashmir govt launches Rs 4200 cr NABARD's PLC Plan in Jammu

A financial plan by NABARD assessed at Rs 4200.57 crore was today launched here for year 2016-17.

Jammu: A financial plan by NABARD assessed at Rs 4200.57 crore was today launched here for year 2016-17.

The District Development Commissioner (DDC) Simrandeep Singh launched the Potential Linked Credit Plan (PLP) 2016-17 for Jammu district prepared by National Bank for Agriculture and Rural Development (NABARD).

Flanked by AGM NABARD L R Dogra, he said, the total credit potential in the Plan of Jammu district had been assessed at Rs 4200.57 crore for the financial year 2016-17.

The PLP for 2016-17 marks 43 per cent growth over PLP of 2015-16 for the priority sector in Jammu district, he said.

Various action points like social mobilisation, creation of awareness and skill formation drives have been identified under PLP 2016-17 to overcome the adverse impacts of the constraints. PTI AB


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