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DC Santosh Sukhadeve chairs DLRC meeting at Kargil

  1. DC Santosh Sukhadeve chairs DLRC meeting at Kargil

KARGIL, AUGUST 25, 2022:

Deputy Commissioner/CEO, LAHDC, Kargil, Santosh Sukhadeve today chaired District Level Review Committee (DLRC), District Level Consultative Committee (DCC) and District Level Review Action Committee (DLRAC) meeting at Conference Hall, Baroo.

The meeting was aimed to review the performance of banks under the Annual Credit Plan in which heads of all line departments,
District Development Manager (DDM) NABARD,
Retail Asset Credit Centre (RACC) Head State Bank of India, Cluster Head J&K Bank, Kargil and Branch Managers of public and private sector banks operating in the district were present.

Lead District Manager, Muzaffar Hussain informed that Bank’s total deposits and the total advance was Rs 2785.63 cr and Rs 991.38 cr respectively which is 36 percent as credit deposit ratio up to the quarter ended March 2022 and a deposit of 2668.91 cr and advance of Rs 1081.83 cr which is 41 percent up to the quarter ended June 2022-23.

He informed the house that the banks have achieved 68.2 percent target by disbursing a total amount of Rs 253.36 cr against the target of total priority sector in the year 2021-22 and achieved 20.16 percent of the priority sector target by disbursing an amount of 66.59 cr up to June quarter for the financial year 2022-23.

The overall achievement under priority as well as non-priority sector lending by all the banks in Kargil district stood at 97.56 percent and 29.26 percent for the quarter ended March and June 2022 respectively.

DC Santosh instructed all banks to focus on priority sector lending and thereby increase the credit deposit ratio in the district.

He emphasized the need to make Govt. Social Security Schemes popular among the masses like Pradhan Mantri Suraksha Bima Yojna, Pradhan Mantri Jeewan Jyoti Bima Yojna, Atal Pension Yojna and Sukanya Smridhi Yojna so that people take benefit from these schemes.

The Deputy Commissioner instructed the banks and line department to conduct financial literacy camp to cover maximum beneficiaries.

DC Santosh also reviewed the performance of the State Bank of India Rural Self Employment Training Institute (RSETI) Kargil, in which a total of 11 skill development training programs were conducted.

At the RSETI, 289 candidates were trained to make them self-employed during the financial year 2021-22 and three skill development programs were conducted in which 92 candidates were trained.

DC further instructed the LDM to set a target of each bank to cover under Social Security Scheme to the existing customers or beneficiaries.

He further instructed to improve the priority sector lending and credit-deposit (CD)ratio as per the Annual Credit Plan 2022-23 and instructed to improve the CD ratio of the district and informed that a special sub-committee meeting will be held next week.

Ladakh Times is a participatory media house based in Ladakh, tells untold stories, playing an active role of collecting news and information.

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