Excelsior Correspondent
ANANTNAG, Nov 26: Deputy Commissioner (DC) Anantnag, Dr Piyush Singla today chaired the quarterly District Level Review Committee (DLRC) meeting with all leading banks of the district to review the progress credit lending and activities being taken up under RSETI.
The credit plan for the district was also reviewed at length on the occasion.
Dr Singla announced that the block level task force set up by the district administration had successfully identified 2000 unemployed youth after much deliberation. While the Task Forces received thousands of proposals for setting up self-employment initiatives, after thorough discussion, 2000 such proposals have been shortlisted.
He informed that the exercise was carried out under the ambit of ‘Be-Rozgar Se Swarozgar’ initiative of the Government of UT of Jammu and Kashmir. He directed all the banks to ensure that the cases are 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. The DC reviewed the reasons for any difference between sponsored and sanctioned cases and passed strict directions to bank officials to increase vigil on subsidiary branches and ensure there is no denial of service on flimsy grounds.
The DC also fixed timelines for banks to complete target lending. He said that the lending by banks is one of the primary drivers of investment in the economy and as such lending, particularly towards self employment schemes, must be completed within fixed timelines.
Follow our WhatsApp channel
