DDC Doda reviews achievements under ACP

Doda – A meeting of District Level Review Committee (DLRC), District Consultative Committee (DCC) for the quarter ending June 2012  was convened under the Chairmanship of District Development Commissioner, Mr. Farooq Ahmed Khan,  today  to review the performance of Banks with regard to achievements under Annual Credit Plan (ACP) of 2012-13 .

Lead District Manager, Mr. I. B Sharma, apprised the meeting that the deposits and advances of all Commercial Banks as on June 30 , 2012 stood at Rs.914.16 Crores and Rs.178.75 Crores respectively, thus achieving CD Ratio of 20 %, with overall achievement of 20% of ACP 2012-13.

The Chairman expressed his displeasure over the declining trend of low CD Ratio and exhorted upon all banks to immediately undertake remedial measures to arrest the fall in CD Ratio  .

The Chairman, expressed his concern over the tardy progress in achieving   100 percent Financial Inclusion. He directed all the banks to adopt multi pronged and holistic approach to make their outreach possible in the far flung villages which are mostly without banking facility.

He asked the bankers to deepen the penetration of Financial Inclusion and extend   financial services to all the sections of society, including those at the bottom of the economic pyramid. He further said that the financial Inclusion was a process of ensuring access to financial services and timely and adequate credit flow to the vulnerable groups including weaker sections, rural women and lower income groups at an affordable cost.

The meeting had a thread bare review of all government` sponsored schemes with the focus on SGSY, PMEGP, SJSRY, JKSES, MSE, SHGs, DIR, KCC, DEDS, Handicraft, Handloom and women beneficiaries.

The DDC further called upon all line departments and banks to galvanise their efforts   to give boost to the rural credit dispensation particularly by way of KCC,SHG,DEDS and Farmer`s Club.

 He further advised the sponsoring agencies to conduct   awareness camps in the villages especially in far flung and remote areas to expand their orbit so that more and more people are educated, motivated and facilitated to initiate self employment enterprises in their own areas to ensure overall development of the society.

The DDC enjoined upon all banks and Govt. Depts. to make an earnest endeavor to improve their efficiency so that the common man who is centre of activities of all the concern is benefitted under various Govt sponsored schemes.

The meeting was also attended by AGM, RBI, Sh. Rakesh Raina, DDM, NABARD, Sh. Rajesh Badyal, Director RSETI Sh. Lekh Raj and other senior officers of Banks and Govt Departments.

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