A meeting of District Coordination Committee (DCC)/ District Level Review Committee (DLRC) today reviewed the performance of banks.The meeting chaired by District Development commissioner Dr. Raghav Langer took stock of the credit flow-advances under priority sector, Govt. Sponsored Schemes, for the quarters ended 30 June 2019 and performance of RSETI, Kathua.The meeting was attended by ACD, Sukhpaul Singh, CPO, Uttam Singh, LDO (RBI), Rahul Sharma, J&K Bank Cluster Head, Vinay Gupta, PNB, S.P.Sharma, RM JK Grameen Bank, Amit Laira, CAO Kathua, Arun Gupta, GM DIC, Babu Ram, PO DUDA, Ramneek Singh, representative from (AH), NRLM, KVIB, Handloom, Director SBI RSETI and senior officers from banks and other Govt departments.The Chairman reviewed the progress of CD ratio, cases under KCC, New KCC( Dairy, Poultry, Fisheries and Sheep Husbandry), PMEGP - KVIB / KVIC / DIC / NULM, NRLM Handloom / Handicraft, PMAY with special emphasis on credit linkage of beneficiaries under these schemes.He emphasized upon banks to simplify the system and procedures so that maximum beneficiaries are credit linked under the government schemes meant for generation of employment. He asked the banks and Govt departments to ensure the achievement of the set targets. He advised them to focus on awareness programmes for dissemination of information to general public/farmers/skilled persons so that they are facilitated to set up new units of economic activities. He impressed upon the banks and line departments to ensure effective coordination in their working.
He desired that potential under Agri and allied activities be exploited fully to achieve the benchmark of 18%. The chairman exhorted upon the banks to exploit all resources at their disposal and come out with concrete action plan to increase present CD-ratio of 42.63% to minimum 60% by the end of Second quarter of 2019-20. He advised that bank-specific Action Plans should be devised for better focus on increase in CD ratio.The chairman further advised the banks to cover maximum number of persons with 100% penetration under social security schemes like Jan Dhan Yojana, Suraksha Bima Yojana, Jeevan Jyoti Yojana, Atal Pension Yojana and to issue RuPay Debit Cards to all eligible a/c holders, thereby initiating the process of DIGIDHAN Mission and He emphasized to select a block for this purpose. LDO RBI, Rahul Sharma emphasized on priorities of RBI, financial inclusion and increase in CD ratio and Agriculture financing. He informed the house about the latest RBI circular on interest subvention on MSME a/cs.The Local advisory Committee meeting of RSETI for the quarter ended June 2019 was also held along with DLRC wherein the pending Land allotment issues and performance of RSETI Kathua was also discussed.LDM Kathua, Narain Singh presented the achievements under Annual Action Plan for the year 2019-20. He informed the house that Rs 112.12 crore has been disbursed under priority sector and Rs 174.26 crore under non-priority sector, thereby recording 17% achievement of ACP as on 30.06.2019.He further informed that 144096 accounts were opened under social security schemes PMJDY, while 3918 individuals were covered under Atal Pension Yojana, 24831 individuals under Jeevan Jyoti Bima Yojana, 61643 individuals under Suraksha Bima Yojana and 15887 accounts were opened under PMMY as on 30 June 2019.