HT Bureau
GUWAHATI, Feb 21: National Bank for Agriculture and Rural Development (NABARD) has projected Assam’s credit potential under the priority sector at ₹92,207.72 crore for the financial year 2026-27, according to its State Focus Paper (SFP) released on Saturday.
The projection was unveiled during the State Credit Seminar 2026-27 organised by NABARD’s Assam Regional Office at Hotel Vivanta, Guwahati, under the theme “e-KCC driven Agriculture Credit Growth”.
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The SFP was formally launched by Aruna Rajoria, IAS, Commissioner and Secretary, Agriculture Department and Agriculture Production Commissioner, Government of Assam.
As per the report, the projected credit potential includes ₹32,603.91 crore for agriculture and allied activities, ₹52,450.29 crore for the MSME sector, and ₹7,153.51 crore for other priority sectors.
In his welcome address, Loken Das, chief general manager of NABARD Assam Regional Office, highlighted the institution’s developmental initiatives in rural infrastructure, agricultural productivity enhancement, cooperative strengthening and MSME entrepreneurship promotion.
A detailed presentation on the SFP was delivered by Qamar Javed, General Manager, NABARD, outlining sector-wise credit opportunities.
In her keynote address, Rajoria praised NABARD’s role in advancing agriculture and rural transformation in Assam, including support for infrastructure development, financial inclusion, farm innovation and the e-KCC initiative aimed at expanding digital agricultural credit access.
She emphasised the need to address information gaps regarding farm sector credit availability and called for focused lending to promote commercial agriculture, alongside better branding and market linkages for farmer producer organisations (FPOs).
During the event, she also released a brochure on NABARD’s FPO support initiatives in Assam and handed over a sanction letter to Biozatra Science & Technology Pvt Ltd for a technology-driven fisheries development project.
Senior officials including Dilip Kumar Bora, IAS, Secretary (Finance, T&D), Government of Assam; T P Bhusal, ACS, Secretary (Agriculture); Sushmita Phukan, Regional Director, RBI; and P V S L N Murthy, Chairman-cum-Managing Director of North Eastern Development Finance Corporation, addressed the seminar.
The event saw participation from government departments, RBI, commercial and cooperative banks, development agencies, NGOs, FPOs and self-help groups.
On the sidelines, products developed by tribal beneficiaries under NABARD-supported farm sector initiatives were also showcased.
