|Early Times Report|
Jammu, Feb 11: The State Credit Seminar for the year 2019-20 was organised by NABARD, Jammu and Kashmir Regional Office at Hotel Radision Blu, Jammu . Advisor to Governor, Kewal Kumar Sharma was the Chief Guest of the Seminar which was also graced by Asgar Hasan Samoon, Principal Secretary to the Government , Animal and Sheep Husbandry Department, Thomas Mathew RD, RBI, Regional Director, RBI, P Balachandran, OIC/CGM, NABARD , Suresh Chand, CGM, NMABARD , Parvez Ahamed, Chairman J&K Bank and Convenor, JK SLBC and other senior officials from various departments of the Government of Jammu and Kashmir , besides bankers and other stakeholders. NABARD has estimated a credit potential of Rs. 26042 crore for Jammu and Kashmir under priority sector during 2019-20. This is almost 9 per cent higher than the Rs. 24000 crore credit potential for the current fiscal. The credit projection for agriculture and allied sectors for 2019-20 were estimated at Rs. 10943.00 crore. An aggregate credit potential of Rs. 4436.00 crore has been made under agriculture term lending/investment credit.