ANANTNAG: The Deputy Commissioner (DC) Anantnag, Dr Piyush Singla today chaired the quarterly District Level Review Committee (DLRC) meeting with all leading banks of the district to review the progress credit lending and activities being taken up under RSETI. The credit plan for the district was also reviewed at length on the occasion.
The DC said that due to the efforts of concerned officials and bankers’ genuine beneficiaries have benefitted from self employment schemes. He said that the mechanism put in place in the district shall continue to be followed with the same vigour.
The LDM informed the meeting that due to the concerted efforts of District Administration and Banks, a record 1904 PMEGP cases have been sanctioned as compared to 484 cases sanctioned in the previous year.
Dr Singla constituted a task force under ACR, LDM and concerned Tehsildar to check on PMEGP cases branch wise so that no unnecessary documentation is solicited and to ensure unnecessary delays in processing are avoided.
The DC directed all the banks to ensure that the cases related to KCC in various departments must be vetted on a war footing basis and credit disbursed to the sanctioned cases without any delay.
Speaking on the occasion, Director RSETI, Anantnag informed the chair that 113 candidates have been trained by RSETI in the preceding months and of these, 70 have already established business units.05 training programmes were conducted 28 were financed by banks with a settlement percentage of 62 .
LDM while briefing the chair about the progress and achievements during the quarter said that priority sector advances credit facility of 1111.83 crores stand disbursed among 51164 beneficiaries against the yearly target of 2859.12 crores for 77303 beneficiaries thereby registering achievements of 39 percent in agriculture, 33 percent in education, 22 percent in micro & small enterprises, crop loan 44 percent have been achieved till Dec 2021.
Progress under PMAY, PMJJBY and PMSBY were also discussed, Stand up India initiative taken by the Prime minister of India with the objective to facilitate banks loan between one lakh to one crore at least one to ST, SC borrowers and one women per bank for setting up of green field enterprises were thoroughly discussed.
Dr Singla emphasized that the banks have to ensure lending particularly to beneficiaries of self employment schemes and banks must sensitize their branch functionaries about minimum requirements and hassle free flow of credit. Further there were thorough deliberations on sponsored cases and disbursed cases.
The DC while appreciating the progress of EDB reviewed the reasons for any difference between sponsored and sanctioned cases and passed strict directions to bank officials to increase vigil on subsidiary branches and ensure there is no denial of service on flimsy grounds.
He directed the Bank heads that credit facilities must be ensured without tactic delay and corruption free disbursement.
The DC also fixed timelines for banks to complete target lending. He said that the lending by banks is one of the primary drivers of investment in the economy and as such lending, particularly towards self employment schemes, must be completed within fixed timelines besides emphasised on the banks lagging behind the target to expedite the credit facilities under CSS and delay if any will be dealt seriously.
The meeting was attended by CPO, CAHO, DSHO, LDM various cluster heads, AD Employment and officers from various government and private banks and other senior officials.