MP, DDC Kulgam chair DLRC meeting

          KULGAM, JUNE 08: Member Parliament Raja Sabha Nazir Ahmad Laway and District Development Commissioner Kulgam, Talat Parvez Rohella, today chaired District Level Review cum Consultative Committee (DLRC) meeting held to review performance of various banks under District Credit Action Plan and to discuss achievements made upto March 2017.

          The Member Parliament asked the banks to create new avenues of employment by extending several initiatives like low interest loans to the youth and aspiring entrepreneurs so that employment generation gets a boost and more and more unemployed ones become self reliant.  He also directed them to create awareness among people about different schemes.                 The meeting was attended by Assistant Director Planning, District heads of various Departments, District Lead Bank Manager, Director RSETI, Representatives of RBI and NABARD and other banks operating in the district.

         The meeting was briefed about the performance of the banks and it was said that under DCP 87.99percent progress has been achieved, while as a deposition target of 630.55 crore was achieved in the last financial year. It was further said that against the national target of 40%, the banks operating in the district have disbursed 82.85% of the total credit in priority sectors. A percentage of 74.54% in terms of CD ratio has been achieved by ending March 2017.

           Speaking on the occasion, the DDC laid stress on capacity building and called for holding more awareness camps. He impressed upon the bank officials to speed up the lending process for unemployed youth who wish to set up their income generating units. He exhorted them to explore the possibility of opening more bank branches in tourist and rural areas of the district.         

          The meeting was told that 16000 accounts under PMJDY have been opened during 2016-17. For the successful implementation of different security schemes, Labor, Social Welfare and Employment Departments have been directed to sponsor cases so that organized, identified and underprivileged beneficiaries are covered in schemes like MUDRA, PMJJBY, PMSBY and other schemes for which banks have been directed to ensure full cooperation.

         Director RSETI was directed to introduce new training courses like packaging, grading, waxing, cardboard making and other skills so as to impact skills in the youth.

         The DDC sought the necessary support of the banks in employment creation in different sectors like Handicrafts, Animal and Sheep Husbandry, Agriculture, Fisheries and other allied sectors by liasoning with the concerned departments.