On Monday Cheif Minister Y S Jagan Mohan Reddy launched the state annual credit plan for 2021-22 with a total outlay of Rs 2,83,380 crore at his Tadepalli camp office.

Fifty-four percent of the loans of the outlay of Rs 2,83,380 crore is for the agriculture sector. A target of Rs 1,48,500 crore as loans in the agriculture sector was set. The primary sector target was fixed at Rs 2,13,560 crore, 75.36% of the credit plan.

Speaking on the occasion, the chief minister said that 105% of the loan disbursement target was achieved in the priority sector and 114.16% in the agriculture sector in the state during the last year.

This was achieved, he said, despite the unpredictable situation and congratulated the bankers for achieving this growth rate.

The chief minister said schools and hospitals are being revamped under the Nadu-Nedu scheme and a focus is being laid on developing infrastructure facilities in agriculture. He added that the English medium was introduced in government schools with CBSE affiliation, and children are coming back to government schools.

Similarly, due to lack of infrastructure in the health sector, people travel to Bengaluru, Hyderabad, and Chennai for tertiary care. He said medical infrastructure is being developed, right from village clinics to teaching hospitals.

He informed the bankers that the government is constructing 16 new medical colleges in the state.
The chief minister also told the bankers about the launch of Rythu Bharosa Kendras (RBKs) at the village level to assist farmers.

These RBKs support farmers from providing certified quality seeds to selling the crop, he said, while agriculture infrastructure is being developed at the RBK-level and godowns, cold storages and other facilities are being provided to farmers.

The chief minister said 17,000 new greenfield colonies are being constructed, in which 28.30 lakh houses will be built.

Fifteen lakh houses are being constructed under phase 1, the chief minister said, and as much as Rs 34,000 crore is being spent on the scheme and requested the support of banks.

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