To review the flow of credit, performance of banks in priority sector, Govt. Sponsored Schemes, lending for the quarters ending September 2020 and performance of RSETI, DDC Kathua, O.P.Bhagat convened a meeting with bankers here today.DDM, NABARD Amit Kumar; CAO Kathua Vijay Upadhaya; PO DUDA Ramneek Singh; Satish Kumar (J&K Bank); M L Sharma, (PNB); Sunil Choudhary, RM (JK Grameen Bank); Sham Lal Sharma (SBI); Vijay Upadhaya, CAO Kathua; Ramneek Singh, PO (DUDA); AHTO Rajesh Chandra; Director SBI RSETI Aklesh Raina and Senior Officers from various banks attended the meeting.The DDC (Chairman) O 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 systems and procedures so that maximum beneficiaries are credit linked under various schemes for generation of employment amongst the needy and poor people.The DDC advised all the officers of banks and Government departments to exercise empathy towards poverty stricken people, which is bound to ensure the achievement of their set targets. He asked all departments and banks to focus on awareness programmes for dissemination of information among the general public/farmers/skilled persons so that they are facilitated to set up new units of economic activities and thereby increase the C.D Ratio of the district.
He impressed upon the banks and line departments to ensure effective coordination in their working. He desired that potential under Agriculture 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% to minimum 60% by the end of next quarter of 2020-21.He advised that bank-specific Action Plans should be devised for better focus to increase CD ratio. The chairman advised all 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.The DDC also advised to organize special awareness camps for social welfare schemes with the active participation of banks and departments. He further emphasized to the banks to achieve 100% targets of ACP 2020-21. He also emphasized upon the banks and departments to put all out efforts to establish DIGI village in the district.The DDM, NABARD Amit Kumar, discussed the subsidy scheme of NLM and also apprised the house about the current available subsidy amount under the scheme. He also discussed the new scheme of Agri Infrastructure Fund. The latest instructions regarding the PMFBY were also provided to the house. The booklet on potential linked plan for Kathua district prepared by DDM NABARD for the year 2021-22 was also released by the DDC during the meeting.The Local Advisory Committee meeting of RSETI for the quarter ended September2020 was also held along with DLRC wherein the pending Land allotment issue and performance of RSETI Kathua was discussed. The DDC advised all the bankers to sanction the RSETI sponsored loan applications on priority basis.LDM Kathua Narain Singh, presented the achievements under Annual Action Plan for the year 2020-21 and informed the house that Rs 472.09 crore have been disbursed under priority sector and 291.91 crores under non-priority sector, thereby recording 35% achievement under ACP as on September, 2020. Further, under social security schemes 163964 accounts were opened under PMJDY, 5691 individuals were covered under Atal Pension Yojana, 44419 individuals under Jeevan Jyoti Bima Yojana, 79410 individuals under Suraksha BimaYojana and 18061 accounts under PMMY were opened/financed as on 30 September 2020.