Bhubaneswar: Bankers in Odisha have disbursed of Rs 25,911 crore loan for MSME sector in 2018-19, which is 144.60% of the annual target of Rs 17,919 crore for sector.
Bankers have disbursed a total of Rs 59,936 crore loan in 2018-19 against the annual target Rs 71,420 crore. The achievement is 83.92%.
This has been revealed in the 155th State-Level Banker’s Committee (SLBC), held here on Thursday.
Presiding over the meeting the state finance minister Niranjan Pujhari stressed that the bankers should stress on achieving the targets set for agriculture and education sectors. Pointing out that bankers facing difficulty in operating in Maoist infected areas due to non-availability of internet, he said that the state government has provided Rs 2 crore for setting up of solar V-sat in those areas for providing internet services.
The loan disbursement target for the year 2019-20 has set at Rs 75,611.96 crore.
Finance principal secretary Ashok Meena, MSME and industries principal secretary Sanjeev Chopra, agriculture principal secretary Sourav Garg, UCO Bank managing director and CEO AK Goel, SBI chief general manager Prabina Karla, SLBC convenor and UCO Bank general manager Ujjal Kumar, RBI regional director and Nabard chief general manager Chandra Sekher were present.