The State Credit Plan 2019-2020:
As an overall credit plan perspective efforts led by RBI and
NABARD, the Directorate of Institutional Finance is
undertaking an exercise to coordinate plans of the State
Government for Credit linked Government Sponsored Schemes and
the District Credit Plans since 1992-93. The District
Collectors are using this to initiate “Development
Dialogue” with stakeholders including Banking/ credit
institutions within the Districts in consultative forums like BLBCs/DLCCs. This exercise removes information asymmetry and
facilitates early planning of credit flows in the District.
Potential Linked Plans prepared by NABARD shall also be
referred while designing credit flows to various sectors of
the District economy.
All efforts are being made to make this the most
comprehensive and to include all credit linked Schemes of the
State Government. The process of collection, consolidation and
verification of the data from all the Departments of the State
Government is very rigorous and lengthy process. Ideally, this
shall be published in the month of December but it is
not possible as the Departments finalize their plans and
targets after the month of December. This edition of the
State Credit Plan included thirty one Government Sponsored Schemes
in the Year 2019-20.