Uttarakhand: State credit seminar will be organized by NABARD tomorrow, Chief Secretary Radha Raturi will be the chief guest of the function

National Bank for Agriculture and Rural Development (NABARD) organizes State Credit Seminar every year. In this seminar, State Focus Paper 2025-26 prepared by NABARD is discussed. State Focus is prepared by incorporating the potential credit plan prepared for each district of the state and assessing the credit potential in the state for the coming year. The State Focus Paper includes existing resources, available infrastructure and plans for upcoming infrastructure, macro level indicators of the economy at state and national level, various ongoing schemes of the state and central government, developmental activities already underway and existing policy framework. NABARD’s State Focus Paper serves as the base document for the annual credit plan prepared by banks.

In the State Credit Seminar, the State Focus Paper is discussed to prepare a specific action plan for credit flow by banks in the coming year and the action points emerging from it are placed before the State Government so that provision of budget for adequate financial assistance in the budget for creation of support and necessary infrastructure can be ensured and credit flow at the base level can be ensured.

The State Credit Seminar for the year 2025-26 is being organized on 13 February 2025. Chief Secretary Smt. Radha Raturi will be the Chief Guest of the function. Additional Chief Secretary Shri Anand Bardhan will be the special guest in the seminar. Apart from the above, government departments, stakeholders, bankers, agricultural universities, NGOs, etc. playing an important role in the formulation and implementation of development policies of various sectors of the state’s economy are being invited to the seminar.

The State Focus Paper highlights the need for additional infrastructure and supporting services in the state while including sector-wise credit potential. The State Focus Paper is playing an important role in formulating and implementing development policies for various sectors of the state’s economy. It will also prove helpful in taking decisions related to strategy and future budget allocation through mutual consultation for effective implementation of the State Credit Plan for the year 2025-26.