DDC Jammu reviews performance of Banks at DLRC meeting

Jammu: A meeting of District Level Review Committee/District Consultative Committee (DLRC/DCC) for the Quarter ended December 2020, was today held here at DC Office Jammu to review the performance of Banks in Deposits, Advances, CD Ratio, and achievement under Annual Credit Plan for the FY 2020-21. The meeting also reviewed the progress under various Govt. Sponsored and Social Security Schemes.

The meeting was chaired by Anshul Garg, District Development Commissioner Jammu and convened by Sanjeev Gupta, Lead District Manager (LDM), Jammu.

The meeting was also attended by DDM NABARD, Chief Agriculture Officer, District Sheep Husbandry Officer, AD Fisheries, District Coordinators of J&K Bank, SBI, PNB, JKGB, representatives of other Banks and Officials of other Sponsoring Government Departments/Agencies.

LDM informed the house that Banks operating in Jammu District have recorded Deposits of Rs.50072 Cr. and Advances of Rs.15273 Cr., as on 31.12.2020. The C.D. Ratio of the District was 30.50%. The achievement of Banks in the District under Annual Credit Plan 2020-21 stood at Rs.4347 Cr. against annual target of Rs.9763 Cr. recording growth of 44.53% as on 31.12.2020. Under Priority Sector the Achievement by Banks stood at Rs.2230.08 Cr. against annual target of Rs.6830 Cr. recording growth of 33.00%, while as under Non-priority Sector the achievement was Rs.2117.74 Cr. against the annual target of Rs.2934 Cr. recording a growth of 72.00%.

Under Atamnirbhar Bharat Abhiyan, 31408 new cases were sanctioned under KCC Crops and 15934 cases under KCC AH&F till 31.12.2020, the LMD informed the meeting.

The DDC took a detailed review of Government Sponsored Schemes with Special focus on KCC, PM SVANidhi, PMAY, PMEGP, JKREGP, NRLM, NULM, etc. He advised all Sponsoring Agencies and Banks to spread awareness among people about various Self-employment Schemes launched by the Government and motivate them to avail the benefits of these Schemes for generating self-employment opportunities in the District. He directed all the Banks to clear the pending cases Sponsored by different Govt. Departments/Agencies at the earliest and give a boost to lending, particularly under Agriculture & Allied activities, MSME, Housing and Education Sectors, to achieve a healthy CD ratio. He also directed the Banks to cover all eligible persons under Social Security Schemes viz; PMSBY, PMJJBY & APY.