According to a report by Hindu , district cooperative central banks , KSFC and other banks are likely to pitch in their contributions towards the district credit plan for Mysuru in Karnataka for the year 2015-16. The total plan outlay is in the order of Rs.6460.50 crore , the report says.
Of the total outlay of Rs.6460.50 crore, Mysore taluk’s share is Rs.2860.64 crore followed by Hunsur which has an allocation of Rs.769.57 crore. The allocation for other taluks include Nanjangud (Rs.723.64 crore), Periyapatana (Rs.688.38 crore), T.Narsipura (Rs.558 crore), K.R.Nagar (484.76 crore) and H.D.Kote (Rs.375.91 crore).
Most of the financial resources will be spent on rural development, Government sponsored schemes, credit linkages to self help groups apart from agriculture, small scale industries, small business finance and rural industries under the self-employment and income generating schemes.
Myusru MP Pratap Simha, Deputy Commissioner C.Shikha, Mysore Zilla Panchayat CEO P.A.Gopal, Chief Manager (Lead Bank), SBM, K.N.Shivalingaiah and other bank officials were among those present involved in outlining the credit plan.