Executive Summary 1.The Potential Linked Credit Plan for the Year
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PLP 2016-17 Nandurbar Executive Summary 1.The Potential Linked Credit Plan for the year 2016-17 has projected a potential of `108701.82 lakh, covering farm credit, MSME, Export, Education, Housing, Renewable Energy and other priority sectors in the district. Nandurbar district with an area of 5034.26 sq.km has 6 blocks viz. Nandurbar, Shahada, Taloda, Nawapur, Akkalkuwa and Akrani (Dhadgaon). The economy of the district is dependent upon agriculture, which is adversely affected due to recurring drought conditions. The normal rainfall of the district is 872 mm and the climate is hot and dry. Agriculture is the predominant economic activity, followed by dairy, sheep/goat rearing, etc. The non-farm sector activities consist of small units in agro- processing i.e. oil mills, dal mills, etc. Major food crops grown in the district are Jowar, Bajra, Maize, Wheat, Groundnut, Cotton and Sugarcane. Among horticultural crops, Ber, Guava, Pomegranate, Papaya, Custard Apple and Mango are main crops. The broad sector-wise potential of bank loan viz-a-viz the performance under Annual Credit Plan for 2014-15 is given below : (`lakh) Target under % of Projections for Sector Achievement ACP 2014-15 Achievement 2016-17 Crop Production 52900.00 44137.59 83.44 67492.10 Term Investment 13888.00 5869.01 42.26 23826.68 Total Agriculture 66788.00 50006.60 74.87 91318.78 Non farm Sector 4176.00 4594.67 110.03 4321.59 Other Priority 12524.00 16128.70 128.78 13061.45 Sector Total 83488.00 70729.97 84.72 108701.82 The potential represents an increase of around 18.41% in the estimates made for the year 2015-16. In absolute terms the PLP 2015-16 was `91800.46 lakh and the projections for 2016-17 are `108701.82 lakh. The detailed sub-sector-wise projections are given below : Farm Credit : An estimate of `67492.10 lakh has been made in the PLP. The cropping pattern followed by farmers indicated that though cereals, pulses and oilseeds are grown, the shift for cotton is substantial with around 104726 ha. covered under the crop. Considering this trend, the projections for cotton is made at `24752.00 lakh. The potential estimated for soyabean is `7207.20 lakh and for maize `6987.50 lakh while it is `6175.00 lakh for jowar. Water Resources: The potential estimated in the PLP is `3938.09 lakh, comprising of dugwell, pumpsets, drip and sprinkler, lift Irrigation, and pipeline. Popularizing micro irrigation equipments would enable to encourage optimum use of water.A new activity, viz., solar water pumping system has been included during the year 2016-17. Farm Mechanisation: The estimate made in the PLP is `3717.00 lakh. The population vis-a-vis usage of power tiller is a cause of concern even though the 6 PLP 2016-17 Nandurbar machine is very economical and useful for small farm operations of small and marginal farmers. Further, a new activity, viz. Combined Harvester is added during the year. Plantation and Horticulture: Credit flow potential to this activity has been estimated at `547.77 lakh. No potential is estimated for Sericulture as the climate in the district is not much suitable for this activity. Forestry & Wasteland Development : The potential has been estimated at `125.64 lakh. Animal Husbandry: Potential for dairy sector has been estimated `5947.21 lakh, Poultry sector at `1621.89 lakh. The potential for Emu activity has been scaled down and shown at nil as the activity does not seem to be viable in the district. The potential for Sheep, Goat & Piggery is estimated at `1875.51 lakh. Connectivity to Surat through the national highway offers good market. Fisheries Development: Potential for this activity is estimated at `65.83 lakh. Others – bullocks & bullock-carts : An estimate of `284.76 lakh has been made for financing this segment. Storage godowns and Market Yards: Potential for Storage and Market Yards has been estimated at `2205.00 lakh. Land Development : Potential at `1784.52 lakh has been assessed for this sector. Others – Biotechnology : Potential for this activity has been estimated at `633.60 lakh. Food and Agro Processing: On account of the thrust on food and agro processing given by the Government, especially to tap the largely under-tapped processing sector, separate estimates have been made at `889.88 lakh for the year. Others – ACABC etc. : Potential for this activity has been estimated at `190.00 lakh. Micro, Small & Medium Enterprises : The potential for credit flow for the year 2016-17 has been estimated at `4321.59 lakh. Export : The potential for credit flow has been separately estimated at `500.00 lakh considering the revised priority sector guidelines. Education : This sector is expected to show an increasing trend in credit flow during the years due to change in priority sector guidelines. The potential for credit flow for the year 2016-17 has been estimated at `3200.00 lakh. Housing : This sector is also shown as a separate sector in the revised priority sector guidelines. The potential for has been estimated at `4500.00 lakh for this sector. 7 PLP 2016-17 Nandurbar Renewable energy: The PLP has estimated credit flow of `395.45 lakh under this activity. Suzlon is in the process of developing Asia's largest windpark on the borders of Nandurbar and Dhule with installed capacity of 1000 MW when completed. Others – SHGs etc. : The pace of providing credit linkage to SHGs by banks is expected to pick up momentum with implementation of women SHG programme of Government of India in the district. The credit flow is estimated at `4250.00 lakh during the year 2016-17 which includes potential of `250.00 lakh towards JLGs . Rural Infrastructure Development Fund (RIDF): RIDF has been created at NABARD for providing resource support to State Governments for hastening the process of creation of long-term infrastructure supporting the rural economy. During the current year, potential of `216.00 lakh has been assessed for social infrastructure. 2. The new area based scheme in Dhadagaon and Taloda has been incorporated covering 100 indigenous poultry birds units in each block. A special scheme launched by Government of India in Dhadgaon block, viz., Vanabandhu Kalyan Yojana is expected to give boost to this activity in Dhadgaon block. 3. T he percentage of loans to total loans in Akkalkuva and Dhadgaon blocks is very low. The main reason for this is low branch network in these two blocks. While there are six nationalized bank branches in Akkalkuva block, there is only one fully functional nationalized bank branch in Dhadgaon block. Although there are total 3 nationalized bank branches in Dhadgaon, 2 branches of Central Bank of India are scarcely staffed. Banking network in Dhadgaon block needs to be strengthened for acceleration of ground level credit flow and achieving targets set as per PESA. 4. T he JLG mode of financing serves as collateral substitute for loans provided to the small, marginal, tenant farmers, oral lessees, share croppers, etc. It enables the banks to reach farmers through group approach, adopt cluster approach, facilitates peer education and credit discipline. Hence, the banks in the district may increase their financing to the small, marginal, tenant farmers and oral lessees through JLG mode of financing. 5. Bank branches need to submit their LBRs in time to Lead Bank so as to take effective review of the performance under Annual Credit Plan in the BLBCs and DLCC/DLRC meetings conducted on a quarterly basis. 8 PLP 2016-17 Nandurbar Broad Sector wise PLP projections - 2016-17 (` lakh) Sr. Particulars PLP No. Projections 2016-17 A Farm Credit i Crop Production, Maintenance and Marketing 67492.10 ii Term Loan for agriculture and allied activities 18123.69 Sub Total 85615.79 B Agriculture Infrastructur e 4623.12 C Ancillary activities 1079.88 I Credit Potential for Agriculture (A+B+C) 91318.78 II Micro, Small and Medium Enterprises 4321.59 III Export Credit 500.00 IV Education 3200.00 V Housing 4500.00 VI Renewable Energy 395.45 VII Others 4250.0 0 VIII Social Infrastructure involving bank credit 216.00 Total Priority Sector (I to VIII) 108701.82 Crop Production, Maintenance and Marketing Term Loan for agriculture and allied activities Agriculture Infrastructure Ancillary activities Micro, Small and Medium Enterprises Export Credit Education Housing Renewable Energy Others Social Infrastructure involving bank credit 9 PLP 2016-17 Nandurbar Summary of Sector / Sub-sector wise PLP projections - 2016-17 (` Lakh) Sr. Particulars PLP No. Projections 2016-17 I Credit Potential for Agriculture A Farm Credit i Crop Production, Maintenance and Marketing 67492.10 ii Water Resources 3938.09 iii Farm Mechanisation 3717.00 iv Plantation and Horticulture (including sericulture) 547.77 v Forestry and W aste Land Development 125.64 vi Animal Husbandry – Dairy 5947.21 vii Animal Husbandry – Poultry 1621.89 viii Animal Husbandry – Sheep, Goat, Piggery, etc. 1875.51 ix Fisheries (Marine, Inland, Brackish water) 65.83 x Others – Bullock, Bullock cart, et c. 284.76 Sub Total 85615.79 B Agriculture Infrastructure i Construction of storage facilities (Warehouses, Market yards, Godowns, 2205.00 Silos, Cold storage units/ Cold storage chains) ii Land development, Soil conservation, Watershed development 1784.52 iii Others (Tissue culture, Agri bio -technology, Seed production, Bio 633.60 pesticides/ fertilizers, Vermin composting) Sub Total 4623.12 C Ancillary activities i Food and Agro processing 889.88 ii Others (Loans to Cooperative Societies of f armers for disposing of their 190.00 produce, Agri Clinics/ Agri Business Centres, Loans to PACS / FSS/ LAMPS, Loans to MFIs for on lending) Sub Total 1079.88 Total Agriculture 91318.78 II Micro, Small and Medium Enterprises i MSME – Working capital 615.96 ii MSME – Investment credit 3705.63 Total MSME 4321.59 III Export Credit 500.00 IV Education 3200.00 V Housing 4500.00 VI Renewable Energy 395.45 VII Others (Loans to SHGs/ JLGs, loans to distressed persons to prepay 4250.00 non-institutional lenders, PMJDY, loans to state sponsored organisations for SC/ST) VIII Social Infrastructure involving bank credit 216.00 Total Priority Sector 108701.82 10 PLP 2016-17 Nandurbar District profile Nandurbar District Consist of 6 talukas and it has 2 Revenue Sub-Divisions namely Nandurbar & Shahada.