Jalgaon Surpasses Annual Credit Plan Target with ₹19,874 Crore Loan Disbursement

Published: April 23, 2026 | Category: Real Estate Pune
Jalgaon Surpasses Annual Credit Plan Target with ₹19,874 Crore Loan Disbursement

Jalgaon has witnessed significant economic growth due to the effective implementation of government schemes and strong coordination between banks and the administration. Rohan Ghuge, a key official, announced that Jalgaon has surpassed its target under the Annual Credit Plan (ACP) for the financial year 2025–26. The district achieved 105% of its goal by disbursing loans worth ₹19,874 crore.

The target set for banks in Jalgaon under the ACP was ₹18,900 crore. Against this, total loan disbursement reached ₹19,874 crore, marking a significant achievement. In comparison, the district had achieved only 94% of its target in the previous financial year (2024–25). This year’s performance reflects a strong improvement across sectors.

The Lead District Manager, working closely with the district administration, played a crucial role in ensuring the successful implementation of the plan. Banks across the district contributed by providing financial support to individuals and businesses. Special focus was given to government-backed schemes, retail lending, and the Micro, Small and Medium Enterprises (MSME) sector.

These efforts have helped boost entrepreneurship, create employment opportunities, and support overall economic development in the district. The Collector praised the banking sector for its contribution and stressed the need to maintain this level of coordination and efficiency in the future.

He also emphasized that both the district administration and banks remain committed to inclusive growth by ensuring that financial assistance reaches all sections of society in the coming years.

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Frequently Asked Questions

1. What is the Annual Credit Plan (ACP)?
The Annual Credit Plan (ACP) is a financial plan set by the government and banks to achieve specific lending targets in a district or region for a given financial year.
2. How much was the target set for Jalgaon under the ACP for 2025-26?
The target set for Jalgaon under the ACP for the financial year 2025-26 was ₹18,900 crore.
3. What sectors received special focus in Jalgaon's ACP implementation?
Special focus was given to government-backed schemes, retail lending, and the Micro, Small and Medium Enterprises (MSME) sector.
4. How does the ACP contribute to economic growth?
The ACP helps boost entrepreneurship, create employment opportunities, and support overall economic development by ensuring financial support reaches various sectors and individuals.
5. What was the district's performance in the previous financial year (2024-25)?
In the previous financial year (2024-25), Jalgaon achieved 94% of its ACP target.