Allocation for crop loans, farm mechanisation in Namakkal

The Annual Credit Plan (ACP) for Namakkal District for the financial year 2013-14 at an outlay of Rs. 2,565 crore that will cover 10,93,364 borrowers in the priority sectors was released by District Collector D. Jagannathan here on Tuesday. He said that the targeted credit for this year is Rs. 510.1 crore (24.82 per cent) more than the target for 2012-13 that was fixed at Rs. 2,054.9 crore.