DDC Chairs DLRC Meet at Kulgam

District Development Commissioner Showkat Aijaz Bhat chaired District Level Review Committee (DLRC) meeting to review the performance of banks and line departments under ACP.District officers of the line departments, LDO RBI, LDM LEAD Bank, DDM NABARD, District Coordinators of various Banks and other concerned also attended the meeting.The meeting discussed in detail progress and achievements made by the banks in the implementation of various government-sponsored schemes like Kisan Credit Card, NRLM, Housing for all, Handloom, Weavers MUDRA, SHGs, JLGs, Artisan Credit Card, and Stand Up India.

Besides the sponsored schemes, loans provided by banks under direct lending mode was also discussed.Giving details about the performance of banks, the meeting was informed that total deposits of the district have increased to Rs.1362.94 crore from 1224.17 crore as on 30th September 2019. It was also given out that advances have considerably grown from Rs. 1136.18 crores to Rs 1300.56 crores.  While CD ratio stands at 95.42 per cent which is above the national benchmark of 60 per cent.DDC exhorted upon the banks to organize awareness camps about the various schemes in collaboration with concerned departments to increase the credit flow in various sectors.

He stressed upon greater coordination between banks and line departments. He also directed the concerned to cover the beneficiaries under various social security schemes including PMSBY, PMJJBY and APY.