Implementation of State Focus Paper will bring about development in Manipur: Governor
Source: The Sangai Express
Imphal, February 16 2023:
Governor La Ganesan has said that implementation of credit plan and developmental programmes based on the State Focus Paper 2023-24 on potential estimates will encourage National financial inclusion and bring about development in the State.
He was speaking at the Manipur State Credit Seminar 2023-24, held at Hotel Imphal today.
Launching the State Focus Paper 2023-24, the Governor said, it is a matter of great satisfaction to note that the paper projects an Annual State Credit Potential of Rs 2,599.03 crore under priority sector.
The National Bank for Agriculture and Rural Development (NABARD) has been preparing potential credit plans for all the 16 districts of the State every year.
|
He continued that since its inception on December 30, 1981, NABARD has been providing credit and other facilities for the promotion of agriculture, micro, small and medium enterprises, cottage and village industries, handloom and handicrafts and other allied activities in rural areas with a view to promote integrated rural development and security prosperity.
Citing the importance of green and renewable energy, La Ganesan said the Centre has a long term goal of reaching net zero carbon emission by 2070 .
He said priority sector lending and financial inclusion are important priorities of the Government to extend financial services to people to unlock their growth potential.
The Governor appealed to the banks and other financial institutions to meet their targets and reach every nook and corner of the State with their branches.
Additional Chief Secretary P Vaiphei also spoke on the potentials of agriculture and horticultural development in the State.
He said the Centre is introducing new initiatives for reintroduction of natural farming processes and organic farming.
Tongkhopao Lhungdim, DGM, RBI, Imphal and Hepuni Bismarck, Convenor, SLBC, Imphal also spoke at the seminar.
Bankers who are taking the lead in enrolling and implementing various financial inclusion programmes were also felicitated in the seminar.