Friday, January 24, 2020

DDC Rajouri approves Rs 964.33 cr annual Credit Plan 2019-20

TSL NEWS NETWORK

RAJOURI, JAN 16: District Development Commissioner, Mohammad Aijaz Asad, today approved an annual credit plan of Rs 964.3 crore for the year 2019-2020 comprising Rs.620.93 crore for priority sector and Rs.343.36 crore for non-priority sector.

The DDC accorded approval to the action plan while chairing District level Review Committee meeting of bankers and sponsoring agencies to review the progress achieved under targeted schemes launched by the banks in collaboration with the line departments for the quarter ending June 2018.

The lead bank manager, Officers of the concerned departments, representatives from RBI, Cluster Head of J&K Bank and District Coordinators of various Banks operating in the district attended the meeting.

The meeting discussed in detail progress and achievements made by the Banks in the implementation of various government-sponsored schemes.

Giving details about the performance of Banks, District lead bank Manager informed the participants that total credit deposit from all the banks operating in the district ending quarter September 2018 stands at Rs 3725.26 crore and the advances are to the tune of Rs. 1244.68 crore. Besides, the Credit Deposit Ratio at the end of June 2018 stands at 33.41 percent.

The meeting was informed that 98 awareness camps were conducted under the financial literacy programme to aware the rural population about the financial inclusion and other schemes.

The meeting was informed that under RSETI, 178 candidates have been trained during this financial year, of which, 140 candidates have been settled till date.

A threadbare discussion was held regarding progress under the Government sponsored schemes like PMEGP, KVIB, ACC of handicrafts, MCP of handloom Department NULUM, NLRM, dairy entrepreneurship development schemes Prime Minister Weaver Mudra Yojana, SGH under NRL and NULM.

Regarding progress of KCC scheme, it was informed that the total amount sanctioned was Rs.315.16 crore while the amount disbursed was Rs.274.46 crore.

DDC expressed dismay over the low credit ratio and the credit linkage on the Mudra portal and directed the bank officers to achieve the target by ending March.

The DDC directed the representative from NABARD to hold awareness camps regarding JLGs.

DDC also directed the bank and the government officers to attend the Block level bankers meeting regularly to sort out the public issues.

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