Pillar: Economic Participation
Faridkot's credit-deposit ratio stands at 71.8, close to the typical district. 72.1% of credit goes toward productive, non-personal use, better than the typical district. Bank-led credit in the district is the channel that turns local deposits into loans for business.
74% of registered enterprises are in services while 26% are in manufacturing. Only 3% of employment is in small and medium enterprises. 86% of school-age children are enrolled in higher secondary school (classes 9–12).
In Faridkot, which ranks 23 of 23 in Punjab for youth opportunity, the overall opportunity score is 49 out of 100. It runs ahead of the national picture on bank branches per lakh people at 20.1.
What the Bank-Led Credit for Enterprise is required to do, who runs it and how to find one are in the Bank-Led Credit for Enterprise reference. For Faridkot specifically, see the Faridkot district course and the English reference guide (Hindi). The Faridkot youth opportunity scorecard carries the full district picture.