Collector releases Nabard PLCP

Erode District Collector H.Krishnanunni released NABARD's Rs 17823.83 cr Potential Linked Credit Plan (PLCP) for the district for next financial year 2023-24 at the collectorate. It is 16.80 percent higher than the current target for 2022-23. 

According to this, the credit for agriculture and agro-based industries will be Rs. 9055.32 cr, MSME Rs 5800.54 crores,  Rs 356.25 crores for exports, Rs 469.68 crores for education loans, Rs 1011 crores for housing and Rs 75.93 cr for  renewable energy sources. 

NABARD District Development Manager Ashokumar Tamilselvan, District Lead Bank Manager Ananthakumar, District TAHDCO Manager  Shanthi and officials were present.