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DC Bandipora chairs special DCC, DLRC meeting

Bandipora, Mar 3: The Deputy Commissioner (DC) Bandipora, Dr Owais Ahmad on Thursday chaired a special DCC, DLRC meeting of the district to review the priority sector advances and targets for the current financial year.

The meeting was attended by Chairman District Development Council Abdul Gani Bhat, Joint Director Planning Imtiyaz Ahmad, Lead District Manager Bandipora Abdul Rashid Malik, AGM RBI Rucher Sonker, DDM NABARD Dr Asif, representatives of Grameen Bank, Baramulla Central Cooperative Bank, Punjab National Bank, Axis Bank, KaMco, HDFC, SCARD, representatives of Handicrafts and Handloom, Industries Department and other senior officials of the district.

It was given out that all the banks operating in the district have ended credit aggregating to an amount of Rs. 26434 Crores under Priority Sector and Rs.179.12 crores priority sector aggregating to total credit of Rs.443.46 crores against the yearly target of RS 887.13 Crores.

Officers informed that the banks registered an achievement of 34 percent in Priority sector, 154 percent in Non-Priority sector thus showing an achievement of 50 percent in total Annual Credit Plan up to 31st of December, 2021.

Lead District Manager Bandipora, Ab Rashid Malik informed the house that J&K Bank alone has disbursed Rs.196.28 crores under priority sector and 166.45 crores under Non priority sector aggregating to total credit of RS 362.73 Crores against the yearly target of 444.23 crores showing an achievement of 82 percent.

The Chairman of DCC & DLRC reviewed the performance of each bank of the district and directed them to meet the targets at earliest and process the cases on priority.

He asked the concerned to prioritise social security schemes and Credit facility besides calling for speedy disposal of Govt. cases.

He advised all the banks and the sponsoring agencies to work in coordination and cohesion to achieve the goals and targets for development progress and eradication of unemployment.

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