State Credit Seminar by NABARD – Release of State Focus Report for Maharashtra


By Ashok Punatar Mob: 9820746494 Email:

NABARD, Maharashtra Regional Office, Pune conducted State Credit seminar on 30 January 2015 at Sahyadri Guest House, Mumbai to discuss bank credit projections for the year 2015-16 for the State of Maharashtra. Shri Devendra Fadnavis, Hon’ble Chief Minister, Maharashtra presided over the function.

Shri Chandrakant Dada Patil, Minister for Cooperation, Marketing and Textiles graced the occasion.


Other dignitaries on dais were – Dr. Swadheen Kshatriya,IAS, Chief Secretary, Dr. S.K. Goel, Additional Chief Secretary, Agriculture and Marketing and also a member of the Board of Directors of NABARD, Shri Sushil Muhnot,CMD and Chairman SLBC, Bank of Maharashtra, Shri S. Ramaswami, Regional Director,Maharashtra and Goa, RBI,Ms. J. M. Jivani, Regional Director, Nagpur, RBI.


Senior level functionaries of the State Government, Reserve Bank of India, Commercial Banks, Regional Rural Banks, Cooperative Banks and NGOs, attended the seminar.


The State Focus Paper 2015-16 was released by Hon. Chief Minister, Shri Devendra Fadnavis.


Dr.U.S.Saha, Chief General Manager and Officer – In – Charge, NABARD, Maharashtra Regional Office, Pune, in his welcome address, highlighted the initiatives taken by NABARD, RBI, GoI, State Government and Bankers for the development of agriculture and rural sectors. The projections of the State Focus Paper, which is the aggregation of PLPs of all the districts, reflect an estimated credit flow of ` 1,80,032 crore for Priority Sector consisting of agriculture sector at ` 65,512 crore, Rural Non- Farm Sector at ` 62142 crore and Other Priority Sector at ` 52,378 crore. The CGM, NABARD also requested all the stakeholders to make concerted efforts for economic development of the State. He explained about various NRM activities undertaken by NABARD under watershed, wadi, etc., which would help for drought mitigation as well as creating sustainable livelihood opportunities.

A booklet on “ Success Stories of Umbrella Programme on Natural Resources Management (UPNRM)” implemented by NABARD, Pune was also released on this occasion by Hon’ble Chief Miniater.


A detailed presentation was made by Dr. P.M.Ghole, Chief General Manager, NABARD, Maharashtra RO, Pune covering mainly sector wise issues and also infrastructure to be created for integrated development in the rural areas. The details of ground level credit for last three years, the projections made for the year 2015-16 were discussed in detail. The concerned government departments and bankers participated actively on the issues raised in the presentation.


Major issues identified were strategies for drought mitigation( including ‘Water for All- drought free Maharashtra 2019′) poor achievement under agricultural term loans, financing value chain management projects in collaboration with Govt, Financing of Producers’ Organisations, Joint Liability Groups (JLGs) etc., need for creating storage space, accreditation of warehouses, development of post-harvest infrastructure for horticulture and animal husbandry sectors, issue of Rupay KCC, setting-up of financial Literacy Centers by cooperative banks and RRBs, development of critical rural infrastructure, computerization of land records by the State Government, preparation of credit plan in completed watersheds, Wadi projects etc.

Critical infrastructure gaps observed and various interventions suggested to develop the rural infrastructure are consolidated by NABARD for necessary action by the State Government. These projects have been categorized into three types viz. Last Mile Projects, Unbudgeted Projects and Livelihood Projects and these evolve total estimated financial outlay of ` 56,82.33 crore.


Key note address was given by Shri Devendra Fadnavis, Hon’ble Chief Minister, Maharashtra. During his address he said, “NABARD is doing good work in agriculture and alike sectors. NABARD, states government and banks need to work together to boost agriculture in the state. We need sustainable practices and quality of expenditure and the need to focus on credit enhancement. The Banks and State Government agencies should take the funding made available by NABARD to end farmers and people. Micro Level planning is very important at this stage to efficiently implement credit enhancement plans. More farmers should be part of Agriculture, value chain. NABARD should take weather advisory services to Grampanchayat level also, so that farmers are educated to deal with climate mitigations.

Shri S. Ramaswami, Regional Director, RBI summed up the issues discussed.

State Credit Seminar ended with a vote of thanks by Shri Lalit Jadhav, Deputy General Manager, NABARD, Maharashtra RO, Pune.


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