NABARD projects ₹4.88 lakh crore priority sector credit for Rajasthan

The National Bank for Agriculture and Rural Development (NABARD) has projected the priority sector credit potential of ₹4.88 lakh crore for 2026-27 in Rajasthan. The State Focus Paper (SFP), revealing the district-wise realistic potential in both physical and financial terms, was launched in Jaipur on Friday (February 13, 2026).

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Chief Secretary V. Srinivas highlighted the ₹6.11 lakh crore State Budget outlay while releasing the SFP at the NABARD’s State Credit Seminar. Mr. Srinivas said the NABARD had carried out credit planning with the preparation of SFP for the next financial year to align financial institutions with the State’s development priorities.

Mr. Srinivas asked the banks and other stakeholders to work in unison to achieve the projections made in the SFP. “NABARD has played a significant role in strengthening the cooperative movement through computerisation, training programmes and financial support to cooperatives,” he said.

NABARD Chief General Manager for Rajasthan, R. Ravi Babu, said the priority sector credit potential had been calculated in line with the State government’s vision for ‘Developed Rajasthan-2047’. “The block-wise credit potentials are estimated for different sub-sectors while considering the available infrastructure and the actual ground-level credit flow,” he said.

Within the estimates, agriculture and allied activities were projected at ₹2.24 lakh crore and micro, small and medium enterprises at ₹2.27 lakh crore in an indication of the growth balance emerging between farm and non-farm sectors.

Mr. Babu said the credit potential assessed in the SFP would serve as a benchmark for the preparation of the annual credit plan. A roadmap will also be created for achieving the credit projections, improving last-mile delivery, and promoting inclusion, especially for women farmers and cooperative institutions.

The efforts made by the primary agricultural credit societies (PACS), multi-purpose PACS, district central cooperative banks and farmer producer organisations during 2025-26 were also praised at the seminar.

Among others, Additional Chief Secretary (Industries) Shikhar Agrawal, Additional Chief Secretary (Energy) Ajitabh Sharma, Principal Secretary (Cooperative) Manju Rajpal, and Finance (Budget) Secretary Rajan Vishal were present.