UT's ACP Fixed at Rs 1835 Crore for 2014-15

The Annual Credit Plan (ACP) for the UT has been fixed at `1,835.55 crore for the financial year 2014-2015 at the State-level bankers meeting held on Thursday.

Published: 06th June 2014 07:50 AM  |   Last Updated: 06th June 2014 08:04 AM   |  A+A-

NEW DELHI: The Annual Credit Plan (ACP) for the UT has been fixed at `1,835.55 crore for the financial year 2014-2015 at the State-level bankers meeting held on Thursday.

The ACP released is 6.86 per cent higher than previous years `1,717.73 crore and would benefit 2.56 lakh beneficiaries. The total outlay of `1,835.55 crore represents an increase of `117.82 crore over the previous year plan.

In the ACP, 42 per cent of the total outlay amounting to `767 crore is earmarked to agriculture sector, the share of non-farm sector is 18 per cent with `331.05 crore outlay and that of services sector is 40 per cent with `738 crore outlay.

Necessary allocation has also been made to support the beneficiaries under various government sponsored programmes.

The annual financial services plan for 2014 -2015 for 67 financial inclusion villages was also launched at the State-level bankers meeting.

The plan envisages opening of 22,400 Savings Bank accounts and credit facilities to the tune of `35.07 crore to 1,147 beneficieries. Insurance and Micro Pension Schemes are also to be provided in these villages. 

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