NE BUSINESS BUREAU
HYDERABAD, FEB 17
Telangana Deputy Chief Minister and Minister for Finance, Planning & Energy Mallu Bhatti Vikramarka has released the State Focus Paper 2025-26 prepared by National Bank for Agriculture and Rural Development (NABARD) in the State Credit Seminar organized here on Friday. The paper pegs the credit potential for priority sectors across all the 33 districts at ₹3.86 lakh crore, including ₹1.63 lakh crore for agriculture.
In his address as the Chief Guest, Deputy Chief Minister said that Telangana is one of the fastest growing States with ₹15.2 lakh Crore GSDP, with a growth rate of 14.5%. He further said that Telangana has an annual per capita income of ₹3.56 lakh. He exhorted all the Bankers to strive towards turning the numbers projected into reality for the benefit of our rural communities. He advocated water-efficient farming in the State. He called for scientific agriculture with subsidies and said the State Government will work towards it. He said that productivity with less water usage should be achieved through drip irrigation.
- Deputy CM Mallu Bhatti Vikramarka stresses on a collaborative approach to ensure timely and adequate credit flow to priority sectors while launching NABARD’s State Focus Paper for 2025-26
- Deputy CM releases a booklet on successful interventions of NABARD in Telangana in aspirational districts
He has called for a collaborative approach to ensure timely and adequate credit flow to priority sectors as well as to promote financial literacy and digital banking in rural areas besides leveraging National Bank for Agriculture and Rural Development’s (NABARD) expertise for innovative financing models.
Speaking on the occasion, Guest of Honour Tummala Nageswara Rao, Minister for Agriculture, Co-operation, Marketing and Handlooms & Textiles, said that the State Government is giving top priority to develop the Agriculture and allied sectors. He said that loans availed by farmers have been paid to the Banks by the State Government. The Government is encouraging oil palm cultivation in all the Districts with 20 lakh acres of land eligible for oil palm cultivation. He said that the Government is supporting farmers with free power and irrigation. He requested the Banks to support farmers by providing loans so that not only the farmers but their families also get uplifted. He advocated oil seed production, diversified horticulture production, fruit and vegetable production, storage and export, etc.
B Uday Bhaskar, Chief General Manager, NABARD, Telangana Regional Office, said, “Telangana is the youngest State of the country and is the fastest growing State with per capita income 1.6 times more than the national average of ₹2.12 lakh. It has made remarkable strides to become the nation’s leader in rice production, contributing 12% to India’s total rice output. The state ranks 3rd in poultry production, accounting for 9.39% of the country’s total and 4th in meat production, contributing 10.85% to the national output. The state also boasts the highest per-capita meat availability at 29.21 kg. Additionally, Telangana is the top producer of sheep, contributing 25.67% to India’s total sheep population.”
He assured that NABARD will continue to work in close coordination and cooperation with the State Government for achieving the common goal of Agriculture and Rural Development in the State.
The credit potential estimated under Priority Sector for Telangana for the year 2025-26 is ₹3.86 lakh crore, reflecting a growth of 37.80% over the previous year.
Total credit potential estimated for agriculture is ₹1.63 lakh crore comprising crop loan of ₹0.87 lakh crore, working capital for agri-allied activities of ₹0.07 lakh crore and agriculture and allied term credit of ₹0.69 lakh crore.
The assessment of credit potential for MSME and other priority sectors is ₹2.03 lakh crore and ₹0.19 lakh crore respectively.
Credit potential projected for FY 2025-26
(₹ crore)
| S.No. | Particulars | Amount |
|
|
Credit Potential for Agriculture | 162946.13 |
|
|
Micro, Small and Medium Enterprises (MSME) | 203565.36 |
|
|
Export Credit | 611.20 |
|
|
Education | 2486.38 |
|
|
Housing | 10493.12 |
|
|
Social Infrastructure | 1530.11 |
|
|
Renewable energy | 570.18 |
|
|
Others | 3652.22 |
| Total Priority Sector | 385854.69 |
A booklet on successful interventions of NABARD in Telangana in aspirational districts was also released by Deputy Chief Minister.
M Raghunandan Rao, IAS, APC & Secretary, Government of Telangana; Sandeep Kumar Sultania, IAS, Principal Secretary, Finance; M Ravinder Rao, President, Telangana State Cooperative Apex Bank Ltd; M Kodanda Reddy, Chairman, Telangana Agriculture and Farmers Welfare Commission; Anuj Ranjan, General Manager, Reserve Bank of India and Prakash Chandra Baror, SLBC Convener, GM-SBI also spoke on the occasion.
The Seminar concluded with Vote of Thanks by R.Ganapathy, General Manager, NABARD, Telangana Regional Office.
