DLRC meeting held at Ganderbal


GANDERBAL: The District Level Review Committee (DLRC) meeting of Ganderbal District was today held at Mini-Secretariat with District Development Commissioner, Ganderbal, Showkat Aijaz Bhat in the chair.

During the meeting, Lead Bank District Manager gave a brief about achievements of banks operating in the district under District Credit Plan 2015-16.

The banks have disbursed a total amount of Rs 161.32 crore for establishment of 8363 units as at the end of the third quarter of the current fiscal registering 33% achievement, out of which Rs 126.45 crore for establishment of 7076 units under priority sector registering achievement of 45% and Rs 34.87 crore for establishing of 1287 units under non- priority sector registering an achievement of 16%. Out of priority sector, Agriculture and allied activities registered 44%, MSE 72%, Education 15%, housing 11% and others 25%.  CD ratio of the district stands at 71%.

The PLP (Potential Linked Credit Plan) of the District for ensuing financial year formulated by NABARD was also released by DDC Ganderbal in the said meeting.

DDC stressed upon both banks as well as sponsoring agencies to put in all efforts to eradicate  unemployment in the district through achievement of set targets under various sectors for setting up income generating units. He also advised financial institutions to sanction/disburse cases strictly as per guide lines and in close co-ordination with sponsoring agencies. He advised NABARD and other concerned agencies for timely release of Subsidy/Margin money.

The meeting was attended by all concerned.


Be Part of Quality Journalism

Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.



Observer News Service

Leave a Reply

Your email address will not be published.