Namsai gets PLP 2023-24, DC launches the key document

NAMSAI, Mar 17: The National Bank for Agriculture and Rural Development (NABARD) has released the Potential Linked Credit Plan (PLP) 2023-24 for Namsai district, with Deputy Commissioner C R Khampa launching it during a joint stakeholder meeting under the PRI-CBO convergence project, a sub-component under DAY-NRLM, which was held at the DC conference hall here today.

The meeting convened by Arunachal State Rural Livelihoods Mission (ArSRLM) was chaired by the DC and attended by ADC, HoDs from line departments, DDM NABARD; SHG members of Umang Cluster Level Federation (CLF); Kudumbushree NRO and Bank Managers of different Banks operating in Namsai.

The objective of the meeting was to discuss the social& other issues prevailing in 19 Gram Panchayats covered by the Umang CLF in Namsai.

DDM, NABARD, Kamal Roy informed that the total credit potential under the priority sector has been estimated at Rs 3520.88 lakh for the financial year 2023-24 of which the Agriculture sector accounts for Rs 2925.24 lakh, while the potential under MSME (Micro Enterprises) at Rs 374.40 lakh, Education at Rs 48.00 lakh, Housing at Rs 28.80 lakh, Renewable Energy at Rs 1.44 lakh, others (SHGs/JLGs) at Rs 75.00 lakh and Social Infrastructure involving bank credit at Rs 68.00 lakh.

NABARD has been preparing PLPs on an annual basis for all the districts in the country. This will act as a guiding document to the bankers for optimal utilization of credit for development. It also throws up the critical infrastructure gap and linkage support to be provided by various Government departments in the district.

The DC, in his speech, lauded the efforts put in by NABARD officials to come up with this important document which will help in chalking out appropriate action plans for not only fulfilling the infrastructure requirements but also bridging the credit gap in the district.

He also said that the PLP will serve as a reference document for the bankers in shaping their credit plans and for prioritization of requisite infrastructure by the State government through tapping of available financial resources.

After the launching of PLP, the forum discussed various social issues pertaining to the district like adult illiteracy, school dropouts, child marriage, substance abuse, etc. The LRGs (Local Resource Groups) formed from different SHGs under the CLF presented the same through a PPT. They also shared a success story of a PLF-owned Day Care Centre, which was running successfully in Namsai. The LRGs also explained the concept of the Village Poverty Reduction Plan (VPRP) and the progress made by them under it.