SLBC pegs credit outlay at ₹17,500 crore
The State-level Bankers Committee has proposed a significant increase in the Annual Credit Plan for Puducherry, reaching ₹17,500 crore for 2026-27. The plan prioritizes agriculture and the MSME sector to drive regional economic growth.
Why it matters
Signals a major investment push into local industries and agriculture, which is vital for the economic development of the Union Territory.
The State-level Bankers Committee (SLBC) has proposed a ₹17,500 crore Annual Credit Plan for 2026-27 for the Union Territory of Puducherry as against the previous year’s plan of ₹12,100 crore.
The article is a factual report on financial planning and committee proceedings.
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