Andhra Pradesh: YSR Kadapa District Banks Issue Loans Worth Rs 3,969.59 Crores To Beneficiaries 

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In Andhra Pradesh, YSR Kadapa District Consultative Committee (DCC) and District Level Review Committee (DLRC) of bankers issued loans in the district.

The decision to declare the loan to the district was taken after a meeting of the DCC and DLRC, held on the 26th of August, Friday.  The district rural development agency (DRDA) Project Director (PD) Mr. Peddi Raju, the District Agriculture Officer Mr. Nageswara Rao, the District Industries General Manager Mr. Jayalakshmi, District Lead Bank Chief Manager Durga Prasad and others were present during the meeting.

Moreover, Collector Mr. V. Vijaya Rama Raju has declared that the district has so far provided loans worth Rs 3,969.59 crore as against the target of Rs. 10,682.77 crores (that is 37.15% progress) for 2022-23 financial year.  

Of the total issued loans by the bankers in the district, crop loans to the tune of Rs. 1,843.75 crores were issued against a target of Rs 4,541.84 crores.  In addition, agri related sector has occupied second place by lending Rs. 489.54 crores against Rs. 1,598.16 crores.

Moreover, District Collector Mr. V. Vijaya Rama Raju expressed satisfaction over the performance of the bankers.  Mr. V. Vijaya Rama Raju further urged to complete remaining targets in a time bound manner, in the interest of beneficiaries. 

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