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DDC Shopian chairs DLRC meet

KH Business Desk by KH Business Desk
May 26, 2017
in Business
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Shopian/May,24: District Development Commissioner Shopian, Manzoor Ahmad Qadri, Thursday chaired District Level Review cum Consultative Committee meeting here to review the progress of banks as on March 31, 2017 in the district.

Officers of allied Departments, Financial Institutions and representatives of NABARD and RBI were present in the meeting.

The DDC was briefed about the achievements of banks under annual action plan up to ending March.

He was informed that the banks have disbursed an amount of Rs 607.17 crore to 17584 beneficiaries up to 4th quarter of financial year 2016-17, there by achieving the financial target by 85.5 percent and fiscal target by 74.55 percent.

It was said under the KCC scheme various banks operating in the district have disbursed 43527 loan cases by the end of last fiscal.

Speaking on the occasion, the DDC said banks and various financial institutions in the district must play their role for the economic progress of the district. He stressed the officers to maintain close coordination among the concerned and work with added zeal so that the desired targets are achieved in full for realizing better economic prospects.

KH Business Desk

KH Business Desk

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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