NABARD projects ₹4.88 lakh crore priority sector credit for Rajasthan
GS3Economy · S&T · Environment · Security· Growth, inflation & macro indicators· Prelims·
Why in news
NABARD projected a priority sector credit potential of ₹4.88 lakh crore for Rajasthan for the year 2026-27 to drive agricultural and MSME growth.
Background
NABARD projected ₹2.24 lakh crore for agriculture and allied activities and ₹2.27 lakh crore for MSMEs in Rajasthan for 2026-27. The Rajasthan State Budget outlay is ₹6.11 lakh crore.
Facts for Prelims
- FactNABARD projected priority sector credit potential of ₹4.88 lakh crore for Rajasthan in 2026-27
- FactAgriculture and allied activities credit potential: ₹2.24 lakh crore
- FactMSME credit potential: ₹2.27 lakh crore
- FactRajasthan State Budget outlay: ₹6.11 lakh crore
For Mains
Q. Discuss the significance of priority sector lending in fostering inclusive economic growth in agrarian states like Rajasthan.
Dimensions to cover in your answer
- Credit accessibility: Bridging the financing gap for small and marginal farmers in arid regions
- MSME integration: Strengthening rural industrial clusters through targeted credit planning
- Last-mile delivery: Overcoming institutional bottlenecks in reaching underserved rural populations
Keywords: Priority Sector Lending · Financial Inclusion · MSME Growth · Rural Credit · NABARD
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