DDC Sgr chairs DLRC meeting
SRINAGAR, JUNE 09: A meeting of District Level
Review Committee (DLRC) was conducted under the Chairmanship of District
Development Commissioner Srinagar Dr. Farooq Ahmad Lone to review the progress
achieved at the end of March 2017, under DCP 2016-17.
The meeting was attended MLA Mubarak Gul who was specially invited for
the meeting. The meeting was also attended by AGM RBI, representative from
NABARD besides banks and sponsoring agencies operating in District Srinagar.
LDM Srinagar while initiating the proceedings of meeting extended warm
welcome to the participants and apprised the forum about progress achieved at
the end of March 2017 under DCP 2016-17.
He informed the forum that at the end FY 2016-17 District Srinagar has
disturbed Rs.1152.59 crore against the target of Rs. 3025.62 crore thus
achieved a growth of 38% under priority sector and Rs. 2196.47 crore has been
disbursed against the target of Rs. 2904.26 crore registering a growth of 56%
under Non-Priority Sector.
Meeting was informed that Rs.11.14 crore have been disbursed among 628
beneficiaries under various special Central/State Govt. sponsored schemes
during the financial year 2016-17.
DDC Srinagar stressed for enhancement in the overall credit flow of
Banks in the District providing much needed financial impetus improve income
levels and thereby raising standard of living of the society.
He further said that in downtown locality six or seven families are
residing in a single house and PMAY (Housing for all) is a very feasible for
such type of families.
Meeting was further informed that National Urban Livelihood Mission
(NULM) is another scheme which has a lot of potential in Down Town locality.
DDC Srinagar called for creating mass awareness of these schemes in print and
electronic media so that more and more people take benefit from it.
DDC also advised the representatives of financial institutions and
sponsoring agencies to come forward for eradicating menace of unemployment and
reaching out with banking and financial services to the poorest of poor.
He further emphasized that all Banks operating in the District should
organize financial literacy camps particularly in the rural and semi urban
belts of District Srinagar to educate and aware masses about various Banking
products and Govt. Sponsored schemes. Besides he impressed upon the Banks
operating in District Srinagar to improve their CD Ratio.
The meeting was concluded with a vote of thanks to the participants.

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