Priority sector credit potential in Delhi 2026–27: NABARD estimates INR 2.62 lakh crore

The National Bank for Agriculture and Rural Development (NABARD) projected a priority sector credit potential of Rs 2.62 lakh crore for Delhi in 2026-27. The estimate appeared in a state focus paper for Delhi, released at the first State Credit Seminar. NABARD said the exercise aimed to guide credit flow across key sectors in the capital.

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NABARD said the projection matched Delhi’s mainly urban economy. The MSME segment formed the largest share at around Rs 2.42 lakh crore. NABARD also listed housing, export credit, renewable energy, and social infrastructure as other areas within the overall estimate. The bank linked the figures to sector-wise lending opportunities.

NABARD priority sector credit potential and district plans

NABARD said the state focus paper marked a shift to bottom-up credit planning. It aimed to use district-level potential-linked credit plans (PLPs). NABARD said this district-driven method integrated local credit potential into the state plan. The seminar also released district-wise credit plans for Delhi, along with related approvals.

The seminar was chaired by Delhi minister Ravinder Singh Indraj. Senior officials from the Reserve Bank of India, GNCTD, banks, and research institutions attended the event. NABARD said the release of the state focus paper took place during this meeting. Officials discussed how planning could match local credit needs.

NABARD priority sector credit potential for MSMEs and digital access

Officials from the Reserve Bank of India said credit planning must reflect Delhi’s service-led economy. They also stressed wider use of digital platforms to expand credit access. The focus was on MSMEs, where gaps remain in access to formal finance. Officials flagged uneven credit reach and weak documentation among small enterprises.

Speaking at the seminar, NABARD Chief General Manager Nabin Kumar Roy stressed inclusive credit planning. Nabin Kumar Roy called for evidence-based decisions linked to district needs. NABARD said this approach could support balanced growth across areas. The message focused on matching credit supply with verified local demand.

NABARD priority sector credit potential for agriculture and allied activities

Agriculture and allied activities remained a smaller part of Delhi’s credit outlook. NABARD estimated potential of over Rs 4,200 crore for the sector. The bank said focus areas included vertical farming and allied activities. NABARD linked the estimate to emerging practices, despite limited agricultural land in the capital.

NABARD priority sector credit potential and cooperative livelihoods

In his address, Indraj stressed stronger cooperatives and support for heritage livelihoods. Indraj spoke about improving market linkages and finance for traditional crafts. Singh stated that India possesses high-quality raw materials and products that are globally competitive. He said the government was working on marketing and branding support.

Indraj gave an example to underline branding gaps in global markets. Fabrics commonly available in India, Indraj said, are marketed internationally as linen at higher prices. The remark aimed to show how presentation can change perceived value. NABARD said the seminar also backed initiatives on GI registration, skill development, and financial literacy.

With inputs from PTI