PASIGHAT, Mar 24: NABARD launched the Potential Linked Credit Plan (PLP) 2026-27 for East Siang district here today.
The launch was done by Sonalika Jiwani, Deputy Commissioner East Siang, in presence of Lead District Manager SBI Putul Basumatary and NABARD Assistant General Manager Nitya Mili in a meeting held at the DC’s office chamber.
AGM Mili informed that NABARD prepares PLPs for each district of the country every year with a view to facilitate flow of institutional credit to priority sector activities including crop loan and term loan for agriculture and allied activities. In such an annual exercise NABARD carries out a detailed exercise for mapping the credit potential that is expected to stimulate balanced growth of all the sectors of the economy of a district. The PLP projections serve as a basis for banks in preparing Annual Credit Plan.
The potential for institutional credit towards the Priority Sector for East Siang district has been estimated to the tune of Rs 21817.81 lakh for the year 2026-27.
YINGKIONG: The Potential Linked Credit Plan (PLP) 2026-27 for Upper Siang district, prepared by the National Bank for Agriculture and Rural Development (NABARD), was formally launched by Deputy Commissioner Talo Jerang during the District Consultative Committee (DCC) and District Level Review Committee (DLRC) meeting held at the DC’s office conference hall here.
As per projections for FY 2026-27, the total potential for priority sector credit has been estimated at Rs 1620.91 lakh. This includes Rs 917.83 lakh for the agriculture sector (encompassing crop loans), Rs 508.06 lakh for the Micro, Small, and Medium Enterprises (MSME) sector, and Rs 195.02 lakh for Other Priority Sectors (OPS), such as housing and education.
These projections mark a 66% increase over the previous year’s PLP projection.
During the meeting, the DC reviewed the progress of key government schemes, including Atmanirbhar initiatives, Prime Minister’s Employment Generation Programme (PMEGP), Deen Dayal Upadhyaya Swavalamban Yojana (DDUSY), and various social security programmes. He stressed the imperative for enhanced coordination among banks and line departments to ensure timely and targeted credit disbursement to eligible beneficiaries.
The discussions also highlighted the need to meet priority sector lending targets, improve the district’s Credit-Deposit (CD) ratio, and intensify awareness campaigns for social security schemes.
Shivaji Munshi, DDC, NABARD, Upper Siang, underscored the PLP’s role as a strategic roadmap for sector-wise credit planning. Prepared through a comprehensive evaluation of the district’s natural resources, economic activities, infrastructure deficits, and developmental status, the PLP is instrumental in augmenting India’s GDP. It fosters increased credit flow to rural areas, thereby stimulating economic activity, employment generation, agricultural productivity, capital formation, rural income enhancement, and sustainable development, he said.
The meeting was attended by Bommar Riram, Lead District Manager (LDM), Upper Siang; Yalik Jerang, DIPRO; T Lombi, BM Apex Bank, Yingkiong; Ojing Taloh, BMM, Arunachal State Rural Livelihoods Mission (ArSRLM), Yingkiong; heads of line departments; and bank representatives. (DIPROs)