DC B’la chairs DLRC meeting, emphasizes on financial inclusion, loan disbursement & public awareness

Baramulla: A District Level Review Committee (DLRC) meeting for the quarter ending March 2025 was held Monday at Dak Bungalow Baramulla under the chairmanship of District Development Commissioner (DDC) Baramulla, Minga Sherpa.
The meeting reviewed the performance of banks and line departments under various government-sponsored schemes and priority sector lending.
Representatives from the Reserve Bank of India (RBI), NABARD, Cluster Head J&K Bank, Lead District Manager (LDM) Baramulla, and officers from all major banks and concerned departments participated in the meeting.
Lead District Manager, Bashir Ahmad Sheikh informed the house that under the District Credit Plan 2024–25, the total credit target was Rs. 4,272.53 crore, against which Rs. 4,579.43 crore was achieved, marking 107% of the target. Under the priority sector, Rs. 2,420.87 crore was disbursed against a target of Rs. 3,567.27 crore (68%), while the non-priority sector saw disbursement of Rs. 2,158.56 crore against a target of Rs. 705.26 crore, achieving 306%.
DDC conducted a comprehensive review of the performance of all banks and departments. He emphasized achieving 100% saturation under the National Mission for Financial Inclusion and directed banks to expedite the disposal of all pending loan cases under schemes such as PMEGP, MUMKIN, PM Vishwakarma, Mission Youth, Tejaswini and other flagship programmes.
Highlighting the need for grassroots-level financial awareness, DDC directed all banks and financial institutions to organize outreach and literacy camps in collaboration with line departments. He stressed the involvement of ASHA and Anganwadi workers, as well as NRLM SHG members, to enhance the reach and impact of financial education.
To ensure comprehensive coverage under social security and credit schemes, DDC instructed banks to intensify efforts for saturation under Kisan Credit Card (KCC), PM Jan Dhan Yojana (PMJDY), PM Suraksha Bima Yojana (PMSBY), PM Jeevan Jyoti Bima Yojana (PMJJBY), Atal Pension Yojana (APY), MUDRA loans and Aadhaar seeding.
DDC further directed the Lead District Manager to conduct a seminar for all bankers to sensitize them about operational guidelines and objectives of government flagship schemes, ensuring smooth and timely loan disbursements.
In conclusion, DDC urged all line departments to organize special awareness camps across the district to inform the public about various financial and welfare schemes and ensure effective last-mile delivery of benefits.