ITANAGAR, May 21: Lower Subansiri district has got the Annual Credit Plan (ACP) for the financial year 2026–27, with SDO Ziro Hage Tarung formally launching the document during the District Consultative Committee (DCC) and District Level Review Committee (DLRC) meeting held at Golden Jubilee conference hall, Ziro today.
The ACP, prepared by the Lead Bank office, was unveiled by the SDO, in presence of Parag Shadangule, Assistant General Manager, Reserve Bank of India; Dr Lalit Maurya, District Development Manager (DDM), NABARD; Durga Boro, Lead District Manager (LDM); heads of line departments; representatives of various banks; and members of the Centre for Financial Literacy (CFL) operating in the district.
The LDM informed the house that the total ACP for FY 2026–27 has been projected at Rs 68.20 crore for Lower Subansiri district. He highlighted that the Annual Credit Plan is prepared following a bottom-up approach, beginning at the branch level and subsequently consolidated at the district level.
The ACP serves as the credit target for bank branches in the district for the current financial year. He further stated that the ACP has been formulated based on the Potential Linked Credit Plan (PLP) prepared by NABARD. Performance under key flagship schemes such as Atmanirbhar Yojana, Deen Dayal Upadhyaya Swavalamban Yojana (DDUSY), PMEGP, and PMFME was also reviewed during the meeting.
The DDM elaborated on the PLP preparation process and emphasized the importance of timely data and support from various departments in the district. He also provided guidance to bankers on the implementation of Kisan Credit Card (KCC), ACABC and Agriculture Infrastructure Fund (AIF) schemes.
The meeting concluded with a collective resolve by all stakeholders to work in close coordination to enhance credit flow, promote livelihood opportunities, and foster overall socio-economic development in the district.