The Potential Linked Credit Plan (PLCP) prepared by Nabard for Madurai district co-terminus with the Twelfth Five-Year Plan period (2013-14 to 2016-17) envisages an outlay of Rs 5,609 crore for the year 2013-14.
District Collector Anshul Mishra released the plan in a meeting of the District Consultative Committee (DCC) of Bankers held at the Collectorate on Tuesday.
He called upon bankers and Government officials to extend their fullest cooperation for achievement of the credit potentials identified in the credit plan.
He stressed that term lending played a vital role for the integrated development of rural areas. The integrated agri-based activity clusters specific to Madurai district would be useful for accelerated development and assured the administration’s fullest co-operation to Nabard in this regard, he added.