NABARD has projected a priority sector credit potential of Rs 4.40 lakh crore for Rajasthan in the Financial Year 2025-26, marking a 22% increase from the previous year. The announcement was made during the State Credit Seminar 2025-26, where NABARD launched the State Focus Paper (SFP), a key document outlining district-wise credit potential in both physical and financial terms to drive integrated and sustainable rural prosperity.
The Minister of State (Independent Charge) for Cooperatives and Civil Aviation, Gautam Kumar Dak, officially released the State Focus Paper, in the presence of Manju Rajpal, IAS, Principal Secretary-Cooperation, Balraj Singh, VC, SKNAU, Jobner, Tikam Chand Bohra, IAS, MD-RAJFED, and Dr. Rajiv Siwach, CGM, NABARD.
Addressing the gathering, Shri Gautam Kumar Dak emphasized NABARD’s proactive approach in credit planning and urged banks, line departments, and stakeholders to work together to achieve the financial targets set in the SFP. He praised NABARD’s continued efforts in strengthening the cooperative sector, particularly through computerization, training programs, and financial support, which have significantly benefited farmers and rural entrepreneurs in Rajasthan.
Smt. Manju Rajpal, IAS, Principal Secretary-Cooperation, highlighted the importance of NABARD’s State Focus Paper 2025-26 in shaping the state’s credit landscape. She lauded NABARD’s support in digitizing Primary Agricultural Credit Societies (PACS) and reaffirmed the government’s goal of having 5,000 PACS “Go Live” by May 2025.
She also stressed the need for more training programs to help PACS understand Standard Operating Procedures (SOPs) for various government schemes. Additionally, she announced the construction of 150 warehouses with 500–1,000 MT capacity in the cooperative sector to enhance storage and procurement facilities in Rajasthan.
Dr. Rajiv Siwach, Chief General Manager of NABARD, detailed the sector-wise allocation of the Rs 4.40 lakh crore credit projection: 47% for agriculture and allied activities, 45% for MSMEs, and 8% for housing, education, and other priority sectors.
He emphasized that the State Focus Paper will serve as a benchmark for the Annual Credit Plan for priority sector lending in the upcoming financial year. He also underscored the importance of investment in agricultural infrastructure, collective farming, value addition, and Farmer Producer Organizations (FPOs) to bridge financial gaps and drive growth.
The seminar also recognized the efforts of Primary Agricultural Credit Societies (PACS) in digitization, their contribution to grain storage projects, the role of District Central Cooperative Banks in credit diversification, and the impact of Farmer Producer Organizations in developing replicable business models.
NABARD reaffirmed its commitment to boosting rural credit flow and strengthening the cooperative ecosystem in Rajasthan for sustainable economic development.
