Annual credit plan of Rs 834 cr approved for Kulgam


Kulgam: The District Development Commissioner, Kulgam, Talat Parvez Rohella today chaired a meeting of the line departments and bankers to discuss and approve the annual credit plan for 2018-19.

A credit plan of Rs 834 crores was approved in the meeting including the priority sector lending.

On the occasion, the DDC said that NRLM shall be nodal agency for mobilization of MUDRA and Stand up India in the district.

He further added that the annual credit plan should be in consonance with the Potential Linked Plan (PLP), thus, actualizing the plan formulation as per the requirements.

The DDC called upon all the officers to work out the requirements so that requisite credit can be pumped to ameliorate a lot of the people. For that, he directed them for mobilizing the field functionaries so that proper assessment at ground level is made.

He directed the District Animal Husbandry Officer to identify village clusters where dairy development shall be encouraged.

Regarding capacity building, the NABARD and J&K Bank RSETI were directed to frame an institutional mechanism for imparting training to targeted beneficiaries who could be credit linked with various financial institutions in the district.

Specific annual targets were also assigned for development of Micro, Small & Medium Enterprises, Khadi, Agriculture and renewable energy sector.

Meanwhile, the ADC Kulgam was directed to identify beneficiaries for social infrastructure development. Besides, the Chief Planning Officer was directed to monitor the sponsoring of the housing sector in the district.



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