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Home Business

DDC Ang chairs District Level Review Committee meeting

KH Business Desk by KH Business Desk
August 25, 2017
in Business
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Anantnag: District Development Commissioner chaired a meeting of the District Level Review Committee here Friday.

The DDC expressed displeasure over laxity in implementation of previous meeting decisions. He said that outreach of flagship schemes like Mudra Yojana, Stand Up India, Atal Pension Yojana and other schemes need to be increased so that people can benefit from them. In this regard, the financial institutions need to take appropriate measures, he added.

The DDC directed all banking institutions to submit plans regarding setting up of additional bank branches and ATMs within two days.

It was given out that by ending June, 2017, deposits amounting Rs 399052 lakh have been made against which an advance of Rs 268802 lakh has been made that makes the CD ratio of 67.36.

Regarding financial inclusion, Lead Bank Manager informed that 349 villages have been provided banking facilities throughout the district.

District Social Welfare Officer apprised the meeting that different social welfare schemes are being linked with Aadhaar. He requested for provision of manpower from RSETI so that Aadhaar seeding process can be expedited.

Director RSETI informed that during the current year, 5 awareness camps have been organised at different locations. In addition, 91 candidates have been trained out of which 73 got settled through bank finances.

With respect to priority sector lending, an advance of 19.32% of Rs 1290 Crores has been made, out of which 20.1% has been given in agriculture sector. However, only 2.42 % has been given in education sector which was marked as a matter of concern.

In MSME sector, the General Manager DIC said that the department has sponsored 172 cases to different banks. He sought intervention of DDC in prevailing over financial institutions not to demand collateral guarantee.

The DDC said that district has a lot of potential in poultry and self-employment sectors for which the banks need to play a proactive role. He said that mass awareness camps on different schemes need to be organised in schools.

Meanwhile, he also directed the officers of National Urban Livelihood Mission to organise at least 5 awareness camps in 5 towns of the district at the earliest. Besides, he directed them to sponsor cases under Housing for All scheme as per the set eligibility criteria.

The DDC sought coordination between banking institutions and line departments so that the spirit behind different schemes is fructified.

The meeting was attended by GM DIC, CPO, Chief Animal Husbandry Officer, District social Welfare Officer,  Lead Bank Manager, District Agriculture Officer, AD Handicrafts, AD Handloom, district officers of KVIB, KVIC,  NRLM, NULM, Director RSETI, representatives of NABARB and other banks operating in the district.

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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