Stresses on financial inclusion, women & youth empowerment
RAMBAN: Deputy Commissioner Baseer-Ul-Haq Chaudhary today chaired a District Level Review Committee (DLRC) meeting to assess the performance of banks and implementation of credit linked government schemes.
The meeting was attended by Additional District Development Commissioner Roshan Lal; GM DIC Ravinder Kumar; RBI representative Anil Kumar; LDM Khursheed Ahmed Malik; Director RSETI, CAO, CHO, CAHO, DSHO, DDM NABARD, BDOs, Bankers, and other senior officers.
During the review, it was informed that the Credit-Deposit (CD) ratio in the district has increased by 3%, reaching 68.76% as of December 31, 2024, compared to the previous year (March 2024). An expenditure of ₹283.93 crore was recorded in the priority sector, achieving 51% of the ₹551.38 crore Annual Credit Plan (ACP) target, while the non-priority sector performance stood at ₹345.27 crore.
The DC directed Bankers to prioritize financial inclusion of women by effectively implementing female-oriented schemes and ensuring handholding support to help them in achieving financial self-reliance. He also emphasized effective implementation of youth-centric employment schemes. She called upon stakeholder departments to put in extra efforts for effective implementation of employment generation schemes, while instructing banks to provide a detailed scheme-wise report.
He called for swift action on loan cases under MUMKIN, TEJASWANI, PMEGP, PM VISHWAKARMA and KCC schemes to benefit local youth, along with reviewing the implementation of Prime Minister’s Social Security Schemes (PMMY, PMSBY, PMJJBY, and APY) in the district.
To enhance transparency and efficiency, the DC directed the GM DIC and concerned officers to verify and submit a report on the status of sponsored, sanctioned, and disbursed cases under priority and social sector schemes. He also instructed them to identify and address reasons for the rejection of loan cases by various banks.
Taking serious note of misplaced sponsored loan cases, the DC directed the Cluster Head of J&K Bank to conduct verification and submit a report within the prescribed time frame.
The DC also released the Annual Credit Plan for 2025-26 formulated for the district.
