DDC Reasi chairs DLRCC meeting for 3rd quarter 2021-22

Reasi : District Development Commissioner Reasi, Babila Rakwal Tuesday convened a meeting of District Level Review cum Consultative Committee (DLRCC) to review the performance for the 3rd quarter of the current financial year.
The meeting was attended by representatives of banks and line Departments of the district.
While highlighting the overall performance for 3rd quarter under Annual District Credit Plan(ADCP), Lead District Manager Reasi, Habibullah informed the meeting that under ADCP 2021-22 the district stood at Rs.469.17 crore as on 31.12-2021 which constitutes 46% against target of Rs.1007.52 crore. The achievements under priority sector advances were to the tune of Rs.221.92 crore against target of Rs.765.81 for 3rd quarter 2021-22 which constitutes 30% while as under non-priority sector the achievements are to the tune of Rs.247.25 crore against target of Rs.243.53 crore which constitutes102% It was informed in the meeting that the deposits of the banks in the District were to the tune of Rs.2921.45 crore as on 31.12.2021 compared to Rs.2468.93 crore as on 31-12-2020 thereby registering an increase of Rs.452.52 crore constituting 18.33%. The advances of the banks stood at Rs.1255.85 crore as on 31.12.2021 against Rs.1061.31 crore as on 31-12-2020 thereby registering an increase of Rs.194.54 crore which works out to 18.33%. The CD ratio of the District as on 31.12-2021 stood at 42.98%.
Annual Credit Plan/District Credit plan for the year 2022-23 has also been approved in the meeting.
Chairman instructed all banks for earlier disposal of all cases on priority & also instructed line departments to sponsor cases properly & submit the cases evenly to all bank branches and avoid bulk sponsorship.
The DDC directed all the financial institutions and government departments to implement this plan in true letter and spirit and ensure 100% achievements in social security schemes so that our collective efforts help us to come up to the expectations of the masses. The DDC directed all the banks and the sponsoring agencies to work with cooperation, coordination, and cohesion to achieve the goals and targets of development and progress besides generation of employment for unemployed youth of the district. He also directed them to conduct awareness programmes at village/block levels to generate proper awareness about the schemes confidence building measures among the people. Further chairman instructed all banks to reach out the unbanked adults, farmers to bring them under financial inclusion, besides involving them in agriculture and allied activities by providing them hassle free credit to all eligible farmers.