DDC asks banks, FI’s to push for cash less economy
BARAMULLA: In Baramulla district Banks and financial institute under District credits plan 2016-17 have distributed an amount of Rs 464.51 crore among 18809 beneficiaries.
This was disclosed during the District Development Commissioner Baramulla, Dr Nasir Ahmad Naqash, Tuesday chaired District Level Review Committee (DLRC) meeting here to review the progress of banks as on September 30, 2016.
Officers of Line Departments, Financial Institute Representative of RBI and NABARD, and other concerned attended the meeting.
The meeting reviewed the progress and achievements made by the banks in implementation of various Government sponsored schemes. On the occasion, the DDC was informed that 18809 beneficiaries benefited under District credits plan 2016-17 and an amount of Rs 464.51 crore have been disbursed among them under various schemes including Rs 112.68crore on agriculture front, Rs 75.50 crore on small enterprise sector, Rs 16.75 crore on service sector and Rs 259.58 crore on non priority sector.
The DDC said that banks and various financial institutions in the district must play their role for the economic progress of the district and emphasized on the need to make the national mission of cash less economy possible in the district.
He impressed the officers to work in coordination to make the digital payment system a success in the district. He also stressed for organizing awareness programmes at village level to generate proper awareness about use of cashless transactions among the people.