Ganderbal:: The Jammu & Kashmir Bank Monday organized District Level Review Committee and District Consultative Committee (DLRC/DCC) meetings for the year ended March, 2021 and quarter ended June 2021 at Conference Hall of Mini Secretariat here under District credit plan (DCAP) 2020-21 and 2021-22.
The meeting was chaired by Chief Planning Officer Ganderbal, Irfan Ahmad Giri.
The meeting was attended by Lead District Manager and Director RSETI Ganderbal Nissar Ahmad Bhat, DDM NABARD, Zahid Rashid Khan General Manager DIC Ganderbal, District Coordinators of Banks and District Officers of Line Departments.
The meeting discussed in detail the progress and achievements made by banks in the implementation of the various government sponsored schemes, like KCC (Crop & Animal Husbandry), NRLM, NULM, SHG, Handloom, Handicrafts, Mudra, PMEGP, SC/ST/OBC, PMAY (Housing for all).
The progress achieved in key sectors like Agriculture, Micro & Small Enterprises, Education, Housing, Priority & Non-priority sectors and loans to economically weaker sections were also discussed.
Giving detailed summary of the achievements for the year ended March 2021 under District Credit Plan, Lead District Manager (LDM) Ganderbal Nissar Ahmad Bhat informed the house that banks have disbursed an amount of Rs 557.48 crores to 26051 beneficiaries against the yearly target of Rs 750.01 crores to 35993 beneficiaries thus achieving 74.32 percent of District Credit Plan, 2020-21.
Further, LDM informed the house that the total deposits of the district have increased from Rs 1542.54 crores as on.31.03.2020 to Rs 1718.68 crores as on 31.03.2021 witnessing a growth of 11.42 percent on YOY basis while advances have increased from Rs 1078.96 crores as on 31.03.2020 to Rs 1295.26 crores on 31.03.2021 registering a growth of 20.05 percent on YOY basis. CD Ratio stood at 75.36 percent as on 31.03.2021.
There has been a record of Rs 1730.24 crores as deposits as on 30.06.2021 against the figure of 1556.15 crores as on 30.06.2020 with YOY increase of 11.19 percent.
The credit dispensation has been posted at Rs 1338.59 crores as on 30.06.2021 against the figure of Rs 1134.80 crores as on 30.06.2020 with a YOY increase of 17.96 percent. The CD Ratio stands at 77.36 percent as on 30.06.2021 which is 17.36 percent above the benchmark i.e. 60 percent.
Speaking on the occasion, the Chief Planning Officer advised all the banks & sponsoring agencies to work with co-operation, coordination and cohesion to achieve targets and goals for the development and progress besides generation of employment for the youth in the District.
He appreciated the performance of the J&K Bank and advised all other banks to put in strenuous efforts and up their respective achievements viz-a-viz targets.
Also, the Chair advised the banks & line departments to clear long pending cases at business units and ensure 100 percent coverage of all farm operating families under KCC Scheme.
The chair also directed all the banks & line departments to conduct awareness programs at Village /Block / Panchayat level to increase awareness among the people about social security schemes and other developmental programs of the government.