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Nabard estimates West Bengal's credit potential at ₹2.21-lakh crore for 2021-22


January 28, 2021
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Nabard has estimated a credit potential of ₹2.21-lakh crore for West Bengal for 2021-22 under the priority sectors. This is almost 16 per cent higher than the estimated credit potential of ₹1.91-lakh crore for FY-21.
Of the total credit, the share of agriculture sector including agri infrastructure and ancillary activities is around 40 per cent, MSME is 44 per cent, SHG-JLG around eight per cent, housing sector five per cent, education loans two per cent, social infrastructure – one per cent and the remaining one per cent would be export credit and renewable energy, said a press statement issued by Nabard.
Crop loan constitutes around 65 per cent of the total agriculture credit and 26 per cent of the total priority sector credit potential. Allied agriculture constitute around 22 per cent while agri infrastructure and agri ancillary constitute around seven per cent each of agriculture credit. The share of agriculture term loan to total fa ....

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