Block level bankers committee meeting held at Budgam
Budgam: The Block level Bankers committee meeting of Block Budgam & Soibugh of District Budgam was held on 1st February, 2019 at conference Hall Jammu & Kashmir Bank Budgam.
The meeting was chaired by Lead District Manager Budgam Aijaz Ahmad in presence of convener BLBC Block Development officer, Budgam BilalAhmad. The meeting was also attended by officials from various Banks as well as line Departments of the concerned Blocks.
LDM (Lead District Manager) Aijaz Ahmad took systematic review of various Government sponsored schemes and area development schemes operational in the district like NRLM, wherein 371 Bank linkages have already been done under various doses.
As a flagship initiative of NRLM in district Budgam and Chadoora 291 SHG’s have been formed against a target of 130 SHG’s. Block Project Manager, Nadeem Sami was appreciated for his efforts by the Lead District Manager. In PMEGP (DIC/KVIB/KVIC) district has not only achieved the target but surpassed and has disbursed 578 cases during the Financial Year 2018-19. Various schemes of National Urban Development Mission viz a viz HFA, SEP-I and SEP-G have surpassed their targets in district Budgam and the efficient role played by the banks and line department in sponsoring and sanctioned has been lauded by the Lead District Manager and the Block Development Officer Budgam.
The district has also surpassed the targets set under Annual Credit Plan for various agricultural schemes launched by the government.
It is pertinent to mention that district Budgam has achieved 91% of annual target accounting disbursement of 923.51crores via-vis target of 1019.74 crore, out of 923.51crore J&K Bank alone has disbursed 822.59 crore via-vis target of 758.75crore for 3 quarters of financial year 2018-2019.,thus registering a percentage achievement of 108% and was appreciated by BDO Budgam, a statement issued here said.