ADDC chairs DLRC meeting at Ang

Anantnag: The Additional District Development Commissioner (ADDC) Anantnag, Bashir Ahmad Wani on Tuesday chaired the quarterly District Level Review Committee (DLRC) meeting with all leading banks of the district to review the progress of credit lending and activities being taken up under various schemes. The credit plan for the district was also reviewed at length on the occasion.
Speaking on the occasion, the ADDC said that banks have a critical role to play in boosting the economic development of the district through lending to priority areas. He highlighted the importance of banks in coverage of potential youth aspiring to earn sustainable livelihood through self-employment schemes.
He emphasized upon the Banks to enhance the lending process besides ease the process. He added that the different employment generating schemes are in vogue and the government is committed to bring down the graph of unemployment.
The ADDC directed the banks to adopt a liberal attitude towards disbursal of cases and strike a fine balance in ensuring all formalities are completed and the youth receive sanction in a hassle-free and time bound manner.
Presenting the performance of banks quarter on quarter basis, LDM said that advances have grown by Rs 107 Crores and deposits by Rs 129 crores. Sharing the progress on credit lending, he said that 23% of the Quarter target lending to MSME sector has been achieved and in the next few months, the target will be achieved. He assured complete cooperation of all banks in this regard.
The LDM also presented achievements in disbursal in various Government sponsored schemes. He further added that 56 FLCC camps have been held in the district.
During the meeting, the chair was apprised that many cases of Employment Oriented schemes like MUMKIN, Tejiswani etc were disbursed and many more are under process.
The ADDC appreciated the efforts of the Employment Department and banks and asked them to put more concerted efforts for engaging youth under these schemes.
The meeting was attended by JD Planning, LDM, CAO, CAHO, Manager DIC, KVIB, KVIC, AD Employment, and representatives from various banks, DDM NABARD, representatives from DIC Anantnag among others.