VIJAYAWADA: The annual 2021-22 loan plan for Andhra Pradesh is of the order of Rs 2,83,380 crore. Chief Minister Y.S Jagan Mohan Reddy, while announcing this, has urged bankers to cooperate with the government in the implementation of welfare schemes and development activities along with providing agricultural loans.
The Chief Minister conducted a review meeting with the 215th state-level bankers committee (SLBC) on Monday and released the 2021-22 annual loan plan. He directed the banks to concentrate on providing loans to tenant farmers.
Jagan Mohan Reddy said unpredictable situations arose around the world and even across the country and restrictions like curfew were imposed to contain the Covid-19 pandemic. Though the curfew was extended, stipulated targets were crossed in loan disbursement, he said, and added that 105 per cent of targets were achieved in priority sectors and 114.16 per cent in agriculture sector.
The CM said the role of banks in achieving this…