Andhra Pradesh Chief Minister N. Chandrababu Naidu unveils the State Focus Paper of the National Bank for Agriculture and Rural Development (NABARD) for 2026–27 in Amaravati on Tuesday, outlining a ₹5.11 lakh crore credit plan, as senior officers and financial institution representatives look on.
The National Bank for Agriculture and Rural Development (NABARD) has projected a complete credit outlay of Rs 5.11 lakh crore for Andhra Pradesh in 2026–27. This marks a rise of 20 per cent over final yr’s ₹4.24 lakh crore earmarked for precedence sector lending.
Out of the whole, ₹2.55 lakh crore has been earmarked for agriculture. This consists of ₹1.66 lakh crore for crop loans, ₹34,972 crore for animal husbandry, ₹8,265 crore for farm mechanisation, ₹21,098 crore for fisheries and ₹11,961 crore for horticulture.
“Of the allocations made for horticulture, about ₹5,313 crore has been specifically designated for the Rayalaseema region and Prakasam district,” a State Government launch mentioned right here on Tuesday.
The plan additionally gives ₹1.64 lakh crore in credit assist to Micro, Small and Medium Enterprises (MSMEs).
Additionally, ₹9,957 crore has been allotted for agricultural infrastructure and ₹12,687 crore for allied actions.
Addressing a gathering after releasing the NABARD’s Credit Plan for 2026-27, Chief Minister N Chandrababu Naidu has appealed to banks and NABARD representatives to proactively assist the federal government’s efforts to advertise the horticulture sector within the State.
Published on May 6, 2026