DDC Poonch reviews performance of Banks at DLRC meeting

POONCH : District Development Commissioner Poonch, Inder Jeet who is also chairman of District Level Review Committee (DLRC), today reviewed the performance of government agencies and banks for the quarter ending June 2021 here at a meeting of the Committee.
The Deputy Commissioner advised all banks and line departments to adopt a proactive approach to meet their assigned jobs and make sure that targets under all sectors are achieved. He further stressed on the banks to increase the CD Ratio and achieve the targets under ACP.
The Chairman DLRC impressed upon all government agencies to accelerate the process of sponsoring pending self-employment loan cases and advised the banks to reduce the time gap in the sanction and disbursement period.
Stressing that the government is committed to provide the employment opportunity to unemployed youth, he advised the departments to encourage the youth to avail the benefits of employment schemes.
These schemes have incentives linked by way of margin money and subsidies which do help unemployed youth in establishing their own income generating units.
Meanwhile, Chairman DLRC directed banks to issue KCCs to all the eligible farmers without fail.
While welcoming the Chairman DLRC, Heads of line departments, District Coordinators of various banks, LDM Poonch, S.Sukhbir Singh presented the highlights of performance of all banks of district for Quarter ended June.
He said that the CD ratio of the district has increased from 41.73 % on 31.03.2021 to 42.54% as on 30.06.2021. Regarding advances & deposits, it was revealed that a positive growth of Rs 267.52 cr from Rs 1117.84 cr (June 2020) to Rs. 1385.36 cr (June 2021) in advances has been recorded in the district, while the deposits have increased from Rs. 2923.92 cr (June 20) to Rs. 3256.69 cr ( June 2021) thereby showing positive growth of Rs 332.77 cr.
He further briefed that under total credit plan an amount of Rs 140.12 cr for Quarter ended June 2021 has been disbursed, which include Rs 73.75 cr in priority sector & Rs. 66.36 cr in Non-priority sector.
The meeting was attended by DDM Nabard, Kanav Sharma; Cluster Head JK Bank Sanjeev Kumar Dutta; General Manager DIC Dr. Zakir; Director JKBank RSETI Vijay Singh Jasrotia; FLCC Poonch Rakesh Sudan; District Officers of Line Departments besides Bank officers.


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