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DDC chairs DLRC meet, reviews progress of Banks

K H News Service by K H News Service
December 29, 2017
in Business
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Kathua: District Development Commissioner, Rohit Khajuria Thursday chaired District Level Review Committee (DLRC) meeting to review the flow of credit, performance of banks in key areas relating to deposits, advances under priority sector, government sponsored schemes, lending for the quarter ending September,2017.

The meeting held detailed review of Annual Credit Plan, CD ratio, KVIB, KVIC, DIC, PMEGP, NULM, NRLM, Handloom & Handicraft with special emphasis on credit linkage of borrower under these schemes.

DDC emphasized upon banks to expedite cases for linkage under various schemes, achievement of allocated targets set for 2017-18 with maximum focus on awareness programs to make their outreach possible in far-flung areas for enhanced coverage under social security schemes like Atal Pension Yojana, Suraksha Bima Yojana, Jevan Jyoti Yojana, Sukanya Samridhi Yojna.

He further impressed upon the banks and line departments for effective coordination to achieve 18 percent benchmark by tapping the potential under Agri and allied activities and asked the banks for concrete action plan to increase the CD-ratio from 39.64 percent to achieve national level of 60 percent.

LDM S K Kandroo presented the achievements under Annual Action Plan for the year 2017-18 and informed the meeting that Rs 237.55 crore has been disbursed under priority sector and Rs 429.37 crore under non-priority sector, as on 30.09.2017. Further, under social security schemes 97953 accounts opened under PMJDY, 2558 individuals has been covered under Atal Pension Yojana, 26973 under Jeevan Jyoti Bima Yojana, 43973 individuals under Suraksha Bima Yojana and 6708 accounts under PMMY have been opened/financed till September 30,2017.

Representative from RBI asked for financial inclusion and increase in CD ratio and Agriculture financing whereas NABARD discussed, SHGs, JLGs and asked the bankers to link SHG/JLG on priority and achieve 100 percent coverage under KCC.

Among others, the meeting was attended by LDM S K Kandroo, representatives from RBI, NABARD and other banks along with officers from government departments and Reliance General Insurance were present in the meeting.

K H News Service

K H News Service

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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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