DDC Kulgam chairs DLRS meeting

KULGAM: To review the performance of various banks, District Level Review cum Consultative Committee (DLRC) meeting under District Credit Action Plan and achievements made up to the end of March 2016 was held Tuesday under the chairmanship of District Development Commissioner, Kulgam.

The meeting was also attended by ADC Anantnag, District heads of various departments, District Lead Bank Manager, Director RSETI, representatives of RBI and NABARD and other banks operating in the district.

The District Lead Bank Manager (LBM) gave a detailed presentation about the performance of the banks. The LBM informed that against the national target of 40%, the banks have disbursed 82.85% of the total credit in priority sectors. A percentage of 80.44% in terms of CD ratio has been achieved by ending March, 2016.

Under Agriculture and allied sectors, an advance of Rs. 65310 lakh has been disbursed, amounting to 57.61% of the total credit advances to agriculture sector, thereby exceeding the national target of 18%.

Similarly, Rs. 3393.32 lakh has been provided to 3061 women beneficiaries and Rs. 3337.27 lakh to 19877 beneficiaries of weaker sections.

To educate people about different schemes, the District Development Commissioner directed the Social Welfare Department to organize awareness camps in all the Panchayat halqas.

It was given out that during the year 2015-16, 50 bank branches, 67 BCs and 29 ATM networks have been established. The DDC exhorted the bankers to explore the possibility of opening more bank branches in tourist and rural areas so as to cover more people in the financial network.

Besides, it was informed that 16000 accounts under PMJDY have been opened during 2015-16. For the successful implementation of different security schemes, Labour, Social Welfare and Employment Departments have been directed to sponsor cases so that organized, identified and underprivileged  beneficiaries are covered in schemes like MUDRA, PMJJBY, PMSBY, etc. for which the banks were urged to provide full cooperation.

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