Nabard for raising credit flow in HP

NABARD has asked banks in Himachal Pradesh to increase their credit flow by 20 per cent to the priority sector to achieve the estimated potential of Rs 5,154 crore for the next financial year (2010-11).“The assessment of potential is Rs 1,965 crore for the agricultural sector and Rs 3,185 crore for the services, manufacturing, housing and education sectors,” said Nabard Executive Director, S K Mitra, at the Nabard credit seminar held here recently. The state focus paper was also released on the occasion.