Overview

• Chairing the 232nd State-Level Bankers’ Committee meeting in Amaravati on August 26, Chief Minister N. Chandrababu Naidu ordered timely Kharif-season credit, saying late disbursals miss farmers’ needs.
• He set a goal of creating at least 100,000 new women-led enterprises by March 8, 2026 and urged expanded financing for Self-Help Groups and MSMEs.
• Naidu asked lenders to extend loans against returnable plots held by Amaravati farmers under the APCRDA Land Pooling Scheme.
• He invited banks to establish state head offices and back-end operations in Amaravati with government-allotted land for a planned financial district.
• Banks reported ₹94,666 crore sanctioned by June toward a ₹1.80 lakh crore annual target, and the CM pressed for lower-interest startup funding linked to the Ratan Tata Innovation Hub.