KULGAM: District Development Commissioner Kulgam, Talat Parvaiz Rohella today chaired the District Level Review Committee (DLRC) meeting to review the progress made by banks and line departments for the 3rd Quarter against the targets of district credit plan 2017-18.
The meeting, which was convened by Lead Bank Kulgam, was attended by the district officers of the concerned departments, DDM NABARD, District Coordinators of various Banks, representatives NGOs and other concerned.
The meeting discussed in detail progress and achievements made by the banks in the implementation of various government-sponsored schemes like Kissan Credit Card, NULM, Housing for all, Handloom, Weavers MUDRA, SHGs, JLGs, Artisan Credit Card, and Stand Up India. Besides the sponsored schemes, loans provided by banks under direct lending mode was also discussed.
Giving the details about the performance of Banks, the meeting was told that total deposits up to 3rd quarter reached to Rs 1181 crore, total advances to Rs 913 crore, while as CD ratio stands at 77 percent.
It was said that under priority sector, the banks have disbursed Rs 420 crore against the target of Rs 730 crore and under non-priority sector have disbursed Rs 90 crore against a target of Rs 60 crore.
Speaking on the occasion, DDC exhorted upon the banks to conduct massive awareness camps about the various banking schemes in collaboration with departments to increase the credit flow in various sectors. He advised the banks to provide hassle-free sanction and disbursement of loans under sponsored as well as direct lending mode. He stressed upon on greater coordination between banks, various line departments and RSETI. He called for focused attention on dairying and sheep husbandry sector for creation of income generating units in far-flung areas.
On the occasion, the DDC also released the Potential Linked Plan (PLP) prepared by NABARD for the year 2018-19. It is pertinent to mention that PLP projection for district Kulgam for the year 2018-19 was assessed at Rs 782 crore. While as agriculture was estimated at Rs 588 crore, an amount of Rs 133 crore for MSME, 1.4 Cr for Export credit, 14 crore for Education, Rs 24 crore for Housing, and Rs 7 crore for social infrastructure.