Bhubaneswar, February 3: The National Bank for Agriculture and Rural Development (NABARD) on Tuesday hosted the State Credit Seminar 2026–27 here and released the State Focus Paper (SFP) projecting Rs 3.15 lakh crore of priority sector credit potential for Odisha in FY 2026–27.
Out of the total projections, MSMEs form the largest share at Rs 1.52 lakh crore, while agriculture accounts for Rs 1.14 lakh crore, with the balance spread across housing, education, renewable energy, social infrastructure, export credit and others.
The seminar was chaired by Chief Secretary Anu Garg.
Finance Secretary Sanjeeb Kumar Mishra, RBI Regional Director Dr. Sarada Prasan Mohanty, SBI CGM A.D. Ratna Teja, and UCO Bank CGM & SLBC Convenor Goutam Patra and controlling Heads of Banks, officials from State Government departments and other stakeholders attended the meeting.
Inaugurating the seminar, the Chief Secretary underlined the State Government’s thrust on Vision 2036 blueprint and sought support from all stakeholders to achieve the ambitious target of becoming a developed State by 2036 and a USD 1.5 trillion economy by 2047.
She also called for closer collaboration between banks and line departments to speed up credit for agri-infrastructure, warehousing, off-farm ventures, and women-led SHGs. While praising the credit growth in the State, the Principal Secretary, Finance, Government of Odisha called for more balanced regional development.
“Focus should also be given to boost credit in tribal and disadvantaged regions,” he said. He further called upon the private sector banks to increase credit dissemination in the priority sector across the State in a bid to enhance CD ratio,” said Garg.
