GANDERBAL: District Development Commissioner, Ganderbal, Tariq Hussain Ganai, Monday chaired District Level Review Committee (DLRC).
The meeting was informed about achievements of banks operating in the district under District Credit Plan 2016-17. It was said that the banks have disbursed Rs 134.18 crore for establishment of 6078 units at the end of the third quarter of the financial year 2016-17 registering 24 percent achievement. Out of priority sector, Agriculture and allied activities registered 13 percent, MSE 18 percent, Education 17 percent, Housing 8 percent, Social infrastructure 4 percent and renewable sector showed a growth of 87 percent, while as CD ratio of the district stands at 62 percent.
On the occasion, the DDC stressed both bank officials as well as sponsoring agencies to play their role in improving economy of the district and addressing unemployment by achieving the set targets under various sectors for setting up income generating units.
He also asked the financial institutions to sanction/disburse the cases strictly as per guide lines and in close co-ordination with sponsoring agencies. He advised NABARD and other concerned agencies for timely release of Subsidy and Margin money.
CPO Ganderbal, DDM NABARD, Director RSETI Ganderbal, Cluster Head J&K Bank (Ganderbal), District officers, coordinators of banks operating in the district attended the meeting.