DDC Kulgam chairs DLRC meet: Stresses on timely disposal of government sponsored cases

Srinagar: District Dev Commissioner Kulgam Dr. Bilal Mohi U Din Bhat (IAS) chaired District Level Review Committee Meeting (DLRC) to review the performance of Banks and Line Departments for the Financial Year/Quarter 4 ended March 31, 2021 under Annual Credit Plan.
The meeting was attended by the Chief Planning Officer, Lead District Manager, DDM NABARD, District Officers of Line Departments, Cluster Head JK Bank, district coordinators of other banks and other officials from the district administration.
Lead District Manager Arshad Qadri informed the house that deposits of Banks stood at Rs. 2069.65 Cr as on 31.03.2021 witnessing growth of 13.68% over March 2020, while as Advances stood at Rs.1591.34 Cr as on 31.03.2021 witnessing growth of 15.70% over March 2020. The Credit Deposit Ratio of the district stood at 76.89% which was quite above the National Benchmark of 60%. It was also revealed that under District Annual Credit Plan for 2020-21 of Rs.1464.40 Cr, Banks have disbursed Rs.980.01 Cr to 44766 beneficiaries during the financial year ending March 31, 2021, thereby achieving 67% of ACP target in spite of challenges posed by the pandemic induced restrictions.
Laying emphasis on extending credit under self-employment generating schemes, DDC urged the participants to aggressively implement government sponsored schemes likes PMEGP, REGP, PM SVANidhi, NRLM, NULM & PMAY to generate self-employment opportunities in the district.
DDC while reviewing sector wise achievements, advised Banks to improve credit dispensations in Agriculture, MSME, housing and education sectors. DDC also directed Agriculture/Horticulture Departments to sponsor cases properly & aggressively under KCC to ensure 100% farmers are covered earnestly.
Notably, the meeting was informed that for the period under review, achievement under Priority Sector was Rs.795.38 Cr representing 58% of ACP while as under Non-priority sector it was Rs. 184.62 Cr, being 84% of ACP, adding that under Atmanirbhar Bharat Abhiyan 15821 cases under KCC crop and 5762 cases under KCC AH&F had been sanctioned during the year under review. During the same period 13947 PMSBY, 6383 PMJJBY and 787 APY registrations had been done in the district.
The forum agreed to adopt two villages for 100% digitization, and also stressed upon taking financial literacy of the district to another level.
Meeting ended with the vote of thanks presented by LDM, Convenor of DLRC/DCC.

Leave a Reply

Your email address will not be published.