NABARD Projects ₹49,795 Crore Priority Sector Credit Potential for J&K in 2026-27

Jammu February 03,2026 :- The National Bank for Agriculture and Rural Development (NABARD) has projected a substantial priority sector credit potential of ₹49,795.58 crore for the Union Territory of Jammu and Kashmir for the 2026-27 fiscal year, marking a significant roadmap for regional economic growth.

During a high-level credit seminar in Jammu, Chief Secretary Atal Dulloo released the State Focus Paper, themed “Last Mile Credit Inclusion: Reaching the Unreached,” which serves as a strategic blueprint for policymakers and financial institutions to drive sustainable development.

The Chief Secretary emphasized a transition from subsistence farming to commercially viable agriculture, advocating for enhanced investment in infrastructure, value addition, and niche crops like medicinal and aromatic plants.

To ensure inclusive prosperity, the plan prioritizes the universal coverage of Kisan Credit Cards (KCC), support for Lakhpati Didis and Self-Help Groups (SHGs), and the promotion of decentralized tourism through homestays.

With a strong focus on MSMEs, wool processing, and the digital transformation of Primary Agricultural Credit Societies (PACS), NABARD’s integrated approach—supported by initiatives like Mission YUVA and the Unified Lending Interface (ULI)—aims to bridge the credit gap and unlock the vast agricultural and handicraft potential of Jammu and Kashmir.