Department of Financial Services Secretary M Nagaraju in a meeting held on Tuesday reviewed the progress of credit disbursement to agri-allied activities like animal husbandry, dairying, and fisheries with PSBs, NABARD and State/UT Level Bankers' Committee.Representatives of state governments/UTs, the Department of Animal Husbandry &amp; Dairying and the Department of Fisheries also participated in the discussions, the finance ministry said on Wednesday. The secretary urged PSBs to take all necessary steps to ensure that respective targets are met during the current financial year and stressed the state governments to facilitate banks in improving the flow of credit to these sectors.Nagaraju underscored the importance of the allied sector in driving agricultural growth and its employment potential in rural areas and highlighted the trend of regional disparity in credit disbursement in allied activities.He also directed banks to conduct regional-level assessments/meetings to ensure disbursement of credit in all areas as all regions have huge potential in allied activities.During the meeting, NABARD was asked to coordinate with state line departments in the identification of fish farmers and providing them with the benefit of the KCC scheme.

FinMin asks PSBs to meet targets for agri-allied sector

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