The National Bank for Agriculture and Rural Development (NABARD) released the State Focus Paper 2026–27 for Madhya Pradesh at the State Credit Seminar, projecting a credit potential of Rs 3.75 lakh crore for FY 2026–27, a 20 per cent increase over the Rs 3.13 lakh crore estimated for FY 2025–26.
The State Focus Paper was released by Vishvas Kailash Sarang, Minister of Cooperation, Government of Madhya Pradesh, and Aidal Singh Kansana, Minister of Farmers Welfare & Agriculture Development, Government of Madhya Pradesh.
Addressing the seminar, Smt. C. Saraswathi, Chief General Manager, NABARD, Madhya Pradesh, outlined sector-wise credit potential of Rs 2.08 lakh crore for agriculture, Rs 1.46 lakh crore for MSMEs, and Rs 0.21 lakh crore for other priority sectors. She stressed the importance of bridging critical infrastructure gaps identified in the State Focus Paper to fully realise the projected credit growth.
She also commended the Apex Bank and District Central Cooperative Banks (DCCBs) for achieving key milestones in PACS computerisation, moving towards transparent, efficient, and fully digitised cooperative credit institutions.
The seminar was attended by Ms. Rekha Chandnaveli, Regional Director, Reserve Bank of India, and Dheeraj Goyal, Convenor, State Level Bankers’ Committee.