Banks disburse Rs 775.72 crore under Agriculture, Horticulture sectors in Pulwama

DC Pulwama for Self reliant and Sustainable Agriculture and Horticulture sector

PULWAMA: District Development Commissioner Pulwama, Dr Raghav Langer Wednesday convened District Level Review Committee meeting of the district here.
During the meeting, detailed discussions were held on CD ratios of the banks, identification of beneficiaries, flow of credit, assistance under Government sponsored schemes, performances of banks under District Credit Plan (DCP), achievements made under the above said Quarter, monitoring initiatives and Credit Plus activities.
It was given that under Agriculture and Horticulture sectors banks have disbursed an amount of Rs 775.72 crore to 37477 beneficiaries.
Under Medium Small and Micro Enterprises banks have recorded deployment of Rs 245.07 crores to 4888 beneficiaries .Whereas in education sector Rs 4.11crores were disbursed in favor of 232 beneficiaries against the annual target of 12.45 crores to 307 beneficiaries.
Regarding progress of KCC scheme, it was informed that 60250 cases were takenup while the 49039 cases were disbursed upto March 2020.
DDC impressed upon the bankers to put in added efforts to increase the CD ratio by focusing on potential areas and stressed on better coordination between banks and government departments for bringing improvement in CD ratio.
He directed for ensuring balanced lending in all key sectors to promote equitable growth and also emphasized upon the heads of the financial institutions to spread awareness with regard to the welfare schemes sponsored by them among masses so that people can avail benefit for their socio-economic development.
The DDC hailed the role of agriculture and horticulture sectors in creating self reliant and sustainable employment in the district .
He emphasized on the priority sector lending with a special focus on education, women development and agriculture allied sectors and directed concerned officials to organise the financial literacy camps in every block of the district and stressed upon the bankers and concerned officers to adopt public friendly approach and work in coordination so that good results are achieved at the grass roots level.
DDC directed the tehsildars to organize special camps for title verification of land so that the KCC loans are sanctioned without impediments.
The meeting was attended by Lead District Manager, Cluster Head JK Bank, NABARD, representatives of various banks, District Coordinators, District Heads of various Government Departments and sponsoring agencies.

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