Wednesday, November 27News and updates from Kashmir

DC Anantnag chairs quarterly review meeting with Banks

The Deputy Commissioner (DC) Anantnag, Dr. Piyush Singla Friday chaired the quarterly District Level Review Committee (DLRC) meeting with all leading banks of the district to review the progress of credit lending and activities being taken up under RSETI.

As per a statement issued, The credit plan for the district was also reviewed at length on the occasion.

The DC said that due to the efforts of concerned officials and bankers’ genuine beneficiaries have benefitted from self employment schemes. He said that the mechanism put in place in the district shall continue to be followed with the same vigour.

The LDM informed the meeting that due to the concerted efforts of District Administration and Banks, a record 1904 PMEGP cases have been sanctioned as compared to 484 cases sanctioned in the previous year, the statement read.

Dr Singla constituted a task force under ACR, LDM and concerned Tehsildar to check on PMEGP cases branch wise so that no unnecessary documentation is solicited and to ensure unnecessary delays in processing are avoided.

The DC directed all the banks to ensure that the cases related to KCC in various departments must be vetted on a war footing basis and credit disbursed to the sanctioned cases without any delay.

Dr. Singla emphasized that the banks have to ensure lending particularly to beneficiaries of self-employment schemes and banks must sensitize their branch functionaries about minimum requirements and hassle-free flow of credit.

Further, there were thorough deliberations on sponsored cases and disbursed cases.

He directed the Bank heads that credit facilities must be ensured without tactic delay and corruption-free disbursement.

The meeting was attended by CPO, CAHO, DSHO, LDM various cluster heads, AD Employment and officers from various government and private banks and other senior officials.

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