Excelsior Correspondent
SRINAGAR, Dec 27: District Development Commissioner (DDC) Kupwara Khalid Jahangir today convened a joint meeting of bankers, sponsoring agencies associated with State Level Bankers Committee (SLBC) to review the overall performance of financial institutions, sponsoring agencies of district Kupwara.
The meeting was attended by CPO Kupwara, CAO Kupwara, ASHO Kupwara, CAHO Kupwara, LDM Kupwara and representatives of different banks.
DDC stressed upon the banks to enhance credit flow to agriculture, horticulture sectors, high density plantation, animal, sheep husbandry cases and small and medium cases being high potential areas in the district.
It was decided in the meeting that cases will be rejected by the financial institutions when solid reasons will be provided to the sponsoring departments. It was impressed upon the banks to advance credit facility to all the sectors and sub-sectors in balanced manner, so that all the sectors of the economy grow in a harmonious manner.
In the meeting, status of cases sponsored by the sponsoring agencies to different banks under Annual Credit Plan 2017-18 were also discussed.
DDC impressed upon the all the stake holders to dispose off all the pending cases with the aim of promoting entrepreneur ability among the youth.
He directed the Chief Agriculture Officer and Chief Horticulture Officer for conducting a special drive at block level to cover the left out families under KCC loan component in collaboration with concerned revenue authorities.
Financial institutions were called upon to ensure 100 per cent coverage and a target of 20000 families be covered under KCC loan component. Besides, the Chief Horticulture Officer was asked to establish 100 gardens under High Density Plantation to provide technical support to new gardeners for preparation of land for plantation during farming season.
The concerned bankers and representatives of Government departments assured that a efforts will be made to achieve the target laid down in Annual Credit Plan.
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