DLRC meeting of District Poonch was convened today under the Chairmanship of District Development Commissioner Poonch, Sajjad Ahmed Khan to review the performance of various government agencies and banks in the district for the quarter ending September 2013.
On the occasion, LDM Poonch, Mohd Shafi Ayaz informed that in the last quarter the banks in the district were having a deposit of Rs.1395.27 crores and advance to the tune of Rs.245.61 crores were made.During the first half of this year the banks have disbursed an amount of Rs.55.12 crores among 3579 beneficiaries, out of which Rs.5.52 crores in agriculture, Rs.16.87 crores in Micro small Enterprises, Rs.0.70 crores in Education,Rs.1.81 crores in Housing and Rs.2.35 crores in other priority sectors were disbursed. In non priority sector Rs.28.49 crores have been disbursed. The total disbursement constitutes the 23 percent of the Annual Credit plan of the district. It was informed that during the first two quarters of the financial year 1473 fresh Kissan Credit Cards were issued amounting Rs.3.60 crores by the banks, thereby raising the total number of KCC issued by the banks to 12457 amounting Rs.11.87 crores out of which JK Bank alone has issued 10300 KCC amounting Rs.7.38 crores.
The contribution of JK Bank in total credit folio of the district is 64.52 percent.DDC impressed upon all government agencies to accelerate their efforts to sponsor all the cases to banks up to the end of third quarter of the financial year and asked the banks to ensure their sanction as well as disbursement well before the closure of the financial year. He said that government is committed to provide the employment opportunity to unemployed youth and for this purpose various sponsored schemes have been launched. These schemes have incentives linked by way of margin money and subsidy which do help unemployed youth in establishing their own income generating units. He asked all banks and line departments to adopt proactive approach in their assigned job and make it sure that targets under all sectors are achieved. He further stressed to increase the CD Ratio of banks and target under ACP be achieved.District officers of various government departments and banks, LDO RBI, Sharma, DDO NABARD, Des Raj, Cluster Head JK Bank G. Jeeali and area, Manger JK G Bank, R.S Sumbaria attended the meeting.