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District Consultative Committee meet held at Shopian

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SHOPIAN, JANUARY 07: District Development Commissioner Dr Owais Ahmed today reviewed the performance of banks and line departments here at a District Consultative Committee for the second quarter of the financial year 2018-19.

The meeting was attended by the district officers of the concerned departments RBI, DDM, NABARD, District coordinators of various banks and other concerned.

During meeting threadbare discussion was held on progress and achievements made by the banks in the implementation of various government sponsored schemes.

The DDC exhorted upon the banks to work in synergy with line departments and conduct camps to spread awareness among the people about various banking schemes to increase the credit flow in various sectors including Education Sector. He advised the banks to provide hassle-free sanction and disbursement of loans under sponsored as well as direct-lending mode.

The DDC also released the potential linked Credit Plan (PLP) prepared by NABARD for the year 2019-20. It is pertinent to mention that PLP projection of the district for the year 2019-20 was assessed at Rs 945.94 cr. Later DDC released 1002.94 crore under NBARD Potential Credit Plan for the year 2019-20.

The DDC emphasized upon the banks to increase the lending in agriculture and allied activities to generate employment in the district. He highlighted the need for area and activity specific schemes for integrating income generating activities under group mode such as SHGS, JLGs and beneficiaries under NRLM. He urged bank authorities to utilize the NABARDs PLP document, while setting up their targets under credit plans. He lauded the NABARD for bringing out the document in time and said that the PLP document would serve as a reference guide to banks and government agencies.

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