JAMMU, Nov 09: District Dev Commissioner Kulgam Dr. Bilal Mohi U Din Bhat (IAS) chaired Distt Level Review Committee Meeting (DLRC) to review the performance of Banks and Line Deptts. for HY/quarter Q2 September 30, 2021 under Annual credit Plan and Govt Schemes.
Meeting was attended by ADC, ACD, CPO, DDM NABARD, Distt officers of line deptts and various Bank officers.
LDM Mr. Arshad Qadri welcomed the members & revealed that deposits of Banks stand at Rs1931.00 Crores as on 30.09.2021 witnessing growth of 6.63% over September 2020, Advances stand at Rs.1760.07 cr as on 30.09.2021 witnessing growth of 12.04% over September 2020. The Credit Deposit Ratio is 91.15% which is quite above National Bench Mark of 60%.
Under District Annual Credit Plan (2021-22) of Rs.1398.24 Cr, Banks have disbursed Rs.504.38 Cr to 21053 beneficiaries for CFY upto 30.09.2021 thus achieving 36% of ACP target. DDC while reviewing sector wise achievements advised Banks to improve credit dispensations in Agriculture, MSME, and more focus should be given to housing and education sectors. DDC directed Animal Husbandry and Fisheries Department to ensure mass awareness in to order cover all eligible beneficiaries under the District Level Special KCC Campaign wef 8.11.2021 for a period of three months.
The District Development Commissioner while appreciating the progress of banks impressed upon both the line departments & banks to improve in direct financing in order to achieve the ?targets of the Annual Credit Plan. He impressed upon the line departments to cover all eligible persons under PMSBY, PMJJBY and APY.
Proper CAB and social distancing was adopted.
Meeting came to end with vote of thanks from LDM, the Convenor of DLRC/DCC.
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