Extend maximum credit support to agri sector: DC
Deputy Commissioner, Nawanshahr, Gulpreet Singh Aulakh, today called upon banks and financial institutions to extend the maximum credit support to the agriculture sector to further strengthen the agro-economy of the state. He was addressing bankers and stakeholders during the launch of the Potential Linked Credit Plan (PLP) for the financial year 2026–27.
The PLP, prepared annually by NABARD, assesses the district’s credit potential in alignment with national priorities and policies of the government. The comprehensive plan evaluates available infrastructure, institutional linkages, and the physical potential across primary, secondary and tertiary sectors. It serves as a guiding framework for banks to ensure structured credit planning and balanced sectoral growth.
Emphasising coordinated action, the Deputy Commissioner stressed the need for synergy among banks, line departments and development agencies to ensure timely and adequate credit flow, particularly to agriculture and allied sectors, MSMEs and other priority segments. He said enhanced institutional finance is crucial for boosting farm productivity, promoting diversification and generating rural employment.
The meeting was attended by DDM, NABARD-Nawanshahar, District Manager, Nawanshahr CCB, Lead District Manager, representatives of various banks, Assistant Registrar and farmer representatives. The launch of PLP 2026–27 marks a significant step towards strengthening credit delivery mechanisms and promoting sustainable and inclusive growth in the district.
