A meeting of the District Level Review Committee (DLRC) and the District Consultative Committee (DCC) was held today in the Conference Hall, Mini Secretariat, Ganderbal. The meeting, convened under the chairmanship of Deputy Commissioner (DC) Ganderbal, Jatin Kishore, was aimed at reviewing the performance of banks and line departments for the quarter ending March 2025.
Senior officials from the district administration, representatives from various banks and line departments attended the meeting to assess the progress under the Annual Credit Plan (ACP). Lead District Manager, Ganderbal, presented a comprehensive report detailing the bank-wise performance in various key areas, including deposits, advances, and Credit Deposit Ratio (CDR).
As of March 31, 2025, the Credit Deposit Ratio of the banks stood at 91.28 %. DC expressed concern regarding the low credit dispensation in the agriculture and allied sectors. He emphasized the need for banks to increase credit flow to the agriculture sector to meet the requirements of farmers.
He directed banks to improve their credit dispensation strategies and ensure that the agricultural sector receives adequate financial support. Additionally, District Officers of Agriculture and allied Departments were advised to sponsor more credit-linked cases under prominent schemes like the Holistic Agriculture Development Programme to the banks.
Further, Agriculture & allied departments along with banks were directed to ensure 100% saturation of PM Kisan beneficiaries under the Kisan Credit Card Scheme. In the Micro, Small, and Medium Enterprises (MSME) sector, banks reported significant progress, having exceeded the targets set for the sector under the Annual Credit Plan.
This achievement was hailed as a positive development for the local economy and employment generation in the district. The performance under various Social Security Schemes (SSS), including Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and Atal Pension Yojana (APY), was also reviewed.
In this regard, banks and line departments were directed to work together to ensure 100% enrollment of eligible beneficiaries under these welfare schemes. Furthermore, the meeting emphasized the importance of collaboration between banks and sponsoring agencies in guiding unemployed youth towards livelihood opportunities.
Banks were urged to process cases swiftly and support youth in gaining financial independence. A renewed commitment was expressed by all participants to work together to achieve the district’s goals and ensure the welfare of its residents. Additional District Development Commissioner, Chief Planning Officer, LDM and District Officers also attended the meeting.