NABARD Projects Assam’s Credit Potential at ₹92,207.72 Crore for FY 2026 27

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Posted in Assam, Featured, Northeast, Tripura
Abhijit Nath, NET Correspondent, Tripura

Agartala, February 21, 2026: The National Bank for Agriculture and Rural Development (NABARD), Assam Regional Office, has projected the state’s credit potential at ₹92,207.72 crore for FY 2026‑27 under the Priority Sector. The announcement was made during the State Credit Seminar 2026‑27, held at Hotel Vivanta, Guwahati, under the theme “e‑KCC driven Agriculture Credit Growth.”

The State Focus Paper (SFP) 2026‑27, launched by Chief Guest Aruna Rajoria, IAS, Commissioner & Secretary, Agriculture Department and Agriculture Production Commissioner, Government of Assam, outlines sectoral allocations of ₹32,603.91 crore for Agriculture and Allied Activities, ₹52,450.29 crore for the MSME Sector, and ₹7,153.51 crore for Other Priority Sectors.

During the seminar, Loken Das, Chief General Manager of NABARD Assam RO, emphasized NABARD’s role in strengthening rural infrastructure, enhancing agricultural productivity, supporting cooperatives, and fostering MSME entrepreneurship. Qamar Javed, GM, NABARD, presented the SFP 2026‑27 and elaborated on the sectoral credit potential.

In her keynote address, Ms. Rajoria praised NABARD’s contribution to rural transformation in Assam, highlighting its initiatives in infrastructure development, farm innovation, financial inclusion, and the new e‑KCC digital credit system. She stressed the importance of bridging information gaps in farm credit, promoting commercial agriculture, and strengthening branding and market linkages for Farmer Producer Organizations (FPOs).

Additionally, a brochure on NABARD’s FPO support in Assam was released, and a sanction letter was presented to Biozatra Science & Technology Pvt. Ltd. for a technology‑driven fishery development project.

Senior officials including Dilip Kumar Bora, IAS (Secretary, Finance, T & D, Govt. of Assam), T P Bhusal, ACS (Secretary, Agriculture, Govt. of Assam), Sushmita Phukan, RD, RBI, and PVSLN Murthy, CMD, NEDFi, addressed the gathering.

The seminar saw participation from government departments, RBI, commercial banks, cooperative institutions, NGOs, FPOs, SHGs, and other stakeholders. On the sidelines, tribal beneficiaries showcased products developed under NABARD’s farm sector initiatives.

The event concluded with a Vote of Thanks delivered by Evan T. Munsong, DGM, NABARD.

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