DLRC Kupwara reviews annual credit plan 2017-18

Kupwara—The District Development Commissioner Kupwara, who is also chairman of banks working in district Kupwara,Tuesday conducted a meeting to review the achievements under implementation of annual credit plan up to June 2017.

The meeting organised by Lead District Manager Kupwara was attended by Chief Planning Officer, Lead District Officers, NABARD, Cluster head and Director RSETI and various departmental heads, sponsoring agencies.

It was given out that under ACP 2017-18 the district stood at Rs.206.17 cr, which constitutes 27% against target of Rs.777cr. The achievements under priority sector advanced were to tune of Rs. 124.10 Cr against target of Rs.650.50 cr. The advance of the banks stands at Rs.1329 cr as on ending 1st quarter of 2017, which means an increase of Rs.123 cr which works out to 10% against last financial year. The CD ratio of the district stood at 68 percent with Rs.8.5 crs been disbursed by JK Bank to 571 beneficiaries till date under KCC scheme. It was also given out that 1316 cases under various government sponsored schemes 939 cases have been sanctioned to the tune of Rs.19 cr and 836 cases have been disbursed to the tune of Rs.13 cr.

The director RSETI Kupwara also briefed the meeting about the progress up to June 2017, saying that out of 198 candidates 165 candidates are of BPL families who were provided training under various skill development programmes.

The DDC (Chairman) DLRC impressed upon the financial institution implementing agencies to gear up their efforts for conducting awareness camps. Asking for collective measures be taken to accommodate all educated unemployed youth of the district, the DDC said that the youth need to be involved for establishing their own income generating units so that the unemployment problem could be resolved.

The DDC also thanked RBI, NABARD representatives for presenting their valuable suggestions during the day long deliberations for smooth process of the Annual Credit plan .

The MLA Kupwara Bashir Ahmad Dar, who was present in the meeting also discussed several matters regarding the benefits of the schemes lunched by the government for the welfare and development of the district population. He suggested for streamlining the signal window system, back yard poultry, establishing of small scale industries, due care of publicity regarding govt. schemes and promotion of public interested schemes. The meeting discussed different issues pertaining to sponsoring cases to the banks for their redressal, and confirmed last DLRC agenda points unanimously.



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