RAMBAN, FEBRUARY 22: Deputy Commissioner Ramban, Baseer-Ul-Haq Chaudhary, emphasized the prioritization of the focus on the priority sector during today’s District Level Review Committee (DLRC) meeting. The DC directed bankers to work towards achieving targets set for the priority sector and ensure timely disbursement of loans.In the meeting, it was reported that Rs. 273.70 crores were expended on the priority sector, constituting 47% of the Annual Credit Plan (ACP) for 2023-24. Additionally, Rs. 245.97 crores were disbursed against the target of Rs. 65.38 crores in the Non-Priority Sector, achieving 376% of the set target.Deputy Commissioner Baseer-Ul-Haq Chaudhary instructed the Lead District Manager (LDM) and Cluster Head of banks to hold concerned bankers accountable for not meeting the targets under the priority sector. He urged the officers of sponsoring departments to follow up on the progress of loan cases and facilitate the youth in availing benefits of various job-oriented schemes.DC Chaudhary stressed the need for timely disbursement of loan cases and the implementation of youth and employment-oriented schemes to achieve 100% targets under different segments of priority sector schemes. Various schemes, including PMEGP, CCS for Artisans PM-VISHWAKARMA, MUMKIN, JK REGP, TEJSWANI, Agriculture, MSME, Housing, and Education, were highlighted for attention.Tehsildars and BDOs were directed to organize special camps for uncovered individuals in their jurisdictions for Aadhar enrollment. The DC also called for coordinating with relevant authorities to facilitate Aadhar enrollment and updation of beneficiaries under various government schemes.Bankers, especially the cluster head of J&K Bank, were directed to organize meetings at the Sub-division level for the effective implementation of priority sector schemes, particularly those aimed at supporting weaker sections of society.The DLRC meeting also reviewed bank-wise deposits, advances, and the CD Ratio targets. The CD Ratio registered an increase of 6.40%, reaching 66.74% by the end of December 2023.Deputy Commissioner Chaudhary highlighted the importance of awareness activities to promote various job-oriented schemes. He advised the LDM and other departments to create a calendar of activities for organizing awareness programs, especially targeting youth and women.The meeting was attended by various officials, including the CPO, GM DIC, ACD, ACR, Lead District Manager, Cluster Head JK Bank, DDM NABARD, Tehsils, BDOs, CHO, AD Fisheries, and senior officers from different departments.
DC Ramban Urges Banking Sector Focus on Priority Sectors: Reviews Progress at DLRC Meeting
