Addressing the state-level credit seminar here on Wednesday, in which senior government officials of all major departments participated, he said the estimated credit potential for major sectors include Rs 11,457 crore for crop loan, Rs 8,573 core for non-farm sector and Rs 7,553 crore for other activities under priority sector. He said emphasis was laid on development of investment credit in various agri-sectors like farm mechanisation, plantation and horticulture, dairy development, and agro-processing. He said, to boost farm credit and exploit the available potential, several initiatives under the national agriculture policy and the national horticulture mission have been undertaken by Nabard.

Raghavulu said, "subsidy-linked schemes for post harvest management, farm ponds, and irrigation systems are designed to boost farm investment through bank credit. Support is also being provided for rural infrastructure in the private and public sectors which leads to better farm productivity and farm connectivity. Emphasis on value chain additions through storage, processing and markets adds to business opportunities''.

The seminar held discussions on sector-wise status, potential and strategies to overcome constraints in infrastructure and non-credit inputs to make use of the credit potential.

Credit delivery through self-help groups (SHGs) by linking a vast majority of the rural poor with bank credit, implementation of programmes in thrust areas like wasteland/watershed and other development were also discussed in detail.