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Implementation of Annual Credit Plan

Review of Credit Disbursement by Banks as per ACP 2018-2019:

All the banks operating in the State put together disbursed Rs. 136205 crore i.e. 93% of the Annual Target for Rs. 146461crore during the period April to March of the financial year 2018-19. The percentage of achievement was 92 % in 2018-19.


While achievement under Agriculture sector is 71%, the achievement in MSME and Other Prisec (OPS) are 112% and 106% of the ACP Targets respectively as on 31-03-2019. While the volume has increased on absolute terms, the percentage has slowed down, mainly due to lesser credit off take in Other Prisec & Non-Prisec component in Jan-March, 2019 quarter in comparison to the previous quarter.

A comparative position of achievement in disbursement under ACP 2018-19 as on 31.03.2019 with the corresponding period of last 2 years is as under:

(Amt. Rs. in crore)

Sectors

2016-17
(April-March)

2017-18
(April-March)

2018-19
(April-March)

 

Plan

Achv.

%

Plan

Achv.

%

Plan

Achv.

%

Agriculture

52551

34175

65

59098

42232

71

64071

45585

71

MSME

26000

29186

112

38000

44059

115

50000

56458

112

OPS

9315

22684

244

11191

12519

112

15890

16919

106

Prisec

87866

86045

98

108289

92568

89

129961

118962

92

NPS

9000

12009

133

11250

14031

125

16500

17243

104

Total

96866

98054

101

119539

106599

92

146461

136205

93

Comparison of quarterly progress in 2018-19 : (Amt. Rs. in Crore)

Sector

Disbursement during June, 2018

Disbursement during Sept, 2018

Disbursement during Dec, 2018

Disbursement during March, Q4

Total Disbursement in 2018-19

Agriculture

11846

11545

10175

12019

45585

MSE/MSME

10217

10070

17611

18560

56458

OPS

4562

1856

6513

3988

16919

Prisec

26625

23471

34299

34567

118962

Non-Prisec

3552

993

4207

8491

17243

Total

30177

24464

38506

43058

136205