J&K govt launches Rs 4,200 crore NABARD's PLC Plan in Jammu

A financial plan by National Bank for Agriculture and Rural Development (NABARD) assessed at Rs 4,200.57 crore was today launched here for year 2016-17.

The District Development Commissioner Simrandeep Singh launched the potential linked credit plan (PLP) 2016-17 for Jammu district prepared by 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 4,200.57 crore for the financial year 2016-17.

The PLP for 2016-17 marks 43% 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.