Chandrababu Naidu chairs 235th SLBC meet, credit at 137% above South India peers
Synopsis
Andhra Pradesh's credit disbursement is running 137% above South Indian peers — and CM Chandrababu Naidu wants to push it further. At the 235th SLBC meeting, banks reported ₹5,19,693 crore in priority sector lending for 2025-26. Days later, nearly 47 lakh farmer families will receive ₹3,125 crore in a single payout under the Annadata Sukhibhava scheme.
Key Takeaways
Chandrababu Naidu chaired the 235th SLBC meeting in Amaravati on 19 June , reviewing the Annual Credit Plan for 2026-27.
Banks disbursed ₹3,86,249 crore to agriculture and ₹1,17,357 crore to MSMEs in 2025-26 ; total priority sector lending reached ₹5,19,693 crore .
Andhra Pradesh's credit disbursement is reportedly 137% higher than other South Indian states.
Naidu will release ₹3,125.47 crore under the Annadata Sukhibhava–PM Kisan scheme on Saturday, benefiting 46,85,838 farmer families .
Each eligible farmer receives ₹20,000 annually — ₹14,000 from the state and ₹6,000 from the Centre — in three instalments.
Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday, 19 June urged bankers to actively facilitate economic activity across the state, chairing the 235th State Level Bankers' Committee (SLBC) meeting at the Secretariat in Amaravati. The session reviewed the Annual Credit Plan for 2026-27 and assessed lending performance across agriculture, MSMEs, and priority sectors.
Key Credit Numbers on the Table
Banks reported extending loans worth ₹3,86,249 crore to the agriculture sector in 2025-26. The MSME sector received credit of ₹1,17,357 crore, while total priority sector lending stood at ₹5,19,693 crore.
Notably, credit disbursement in Andhra Pradesh is reportedly 137 per cent higher than the average across other South Indian states — a figure that bankers presented directly to the Chief Minister during the review.
Who Attended the Meeting
Senior officials and financial sector leaders were present, including Chief Secretary Sai Prasad, Union Bank of India MD and CEO Ashish Pande, Union Finance Ministry Director Neelam Agarwal, RBI Regional Director AO Basheer, and NABARD GM KVS Prasad, among others.
Annadata Sukhibhava: ₹3,125 Crore Farmer Payout Incoming
Separately, Chief Minister Naidu is set to release ₹3,125.47 crore under the Annadata Sukhibhava–PM Kisan scheme on Saturday from Linganguntla village in Chilakaluripet Mandal, Palnadu district. The disbursement will benefit a total of 46,85,838 farmer families.
Of these, 45,69,817 are land-owning farmer families and 1,16,021 are Recognition of Forest Rights (RoFR) families cultivating land under the Forest Rights Act.
How the Scheme Works
Implemented as part of the state government's Super Six promises, the scheme provides ₹20,000 annually to every eligible farmer family. The State Government contributes ₹14,000 and the Central Government provides ₹6,000 through the PM-Kisan framework, disbursed across three instalments.
For the first instalment of this year, each eligible farmer will receive ₹5,000 from the state and ₹2,000 under PM-Kisan, totalling ₹7,000 per account. In the previous year, the government disbursed ₹8,985.41 crore under the scheme — ₹6,560.18 crore from the state and ₹2,425.23 crore from the Centre.
With credit outperformance and a major farmer payout both arriving in the same week, the Naidu administration is signalling a broad-based push on economic inclusion ahead of the next financial planning cycle.
Point of View
But context matters — Andhra Pradesh's baseline and the methodology of the comparison were not detailed at the meeting, making independent verification difficult. More telling is the simultaneous rollout of the Annadata Sukhibhava payout: combining a banking review with a near-₹3,125 crore farmer disbursement in the same week is a deliberate political signal, not just administrative routine. The Super Six framework is Naidu's core electoral promise, and the pace of implementation will be the real measure of its credibility ahead of the next electoral cycle.
NationPress
12 Aug 2026
Frequently Asked Questions
What was discussed at the 235th SLBC meeting in Andhra Pradesh?
The 235th State Level Bankers' Committee meeting, chaired by CM N. Chandrababu Naidu in Amaravati on 19 June, reviewed the Annual Credit Plan for 2026-27 and assessed lending to agriculture, MSMEs, Self-Help Groups, and tenant farmers. Banks reported total priority sector lending of ₹5,19,693 crore for 2025-26.
How does Andhra Pradesh's credit disbursement compare to other South Indian states?
According to figures presented at the SLBC meeting, credit disbursement in Andhra Pradesh stands 137% higher than the average across other South Indian states. The specific methodology and baseline for this comparison were not publicly detailed.
What is the Annadata Sukhibhava–PM Kisan scheme?
It is a farmer support scheme implemented under Andhra Pradesh's Super Six promises, providing ₹20,000 annually to each eligible farmer family — ₹14,000 from the state government and ₹6,000 from the Centre via PM-Kisan. The amount is disbursed in three instalments across the year.
How many farmers will benefit from Saturday's payout and how much will each receive?
A total of 46,85,838 farmer families will benefit from the ₹3,125.47 crore release on Saturday. In the first instalment for this year, each eligible farmer will receive ₹7,000 — ₹5,000 from the state and ₹2,000 under PM-Kisan.
Who attended the 235th SLBC meeting in Amaravati?
The meeting was attended by Chief Secretary Sai Prasad, Union Bank of India MD and CEO Ashish Pande, Union Finance Ministry Director Neelam Agarwal, RBI Regional Director AO Basheer, and NABARD GM KVS Prasad, among other senior officials.
