DDC Doda reviews performance of financial institutions

Excelsior Correspondent
DODA, Sept 21: To review the performance of the banks and other Financial Institutions in the furtherance of different Government initiatives and sponsored schemes, District Level Review Committee-District Consultative Committee (DLRC/DCC) meeting was held today.
The meeting was chaired by District Development Commissioner (DDC), Vishesh Mahajan. He also distributed loan sanction letters under PMEGP and other Self-Employment schemes among unemployed youth to enable them to earn their livelihood with dignity and create employment opportunities for others also.
Banks submitted the list of Non Performing Assets (NPAs) before the chair and sought help from the District Administration for recovery. The DDC directed the banks to resubmit the list along with the details of pending amount/liability against each NPA and other details for initiating proceedings under the Land Revenue Act and other relevant rules.
The DDC urged the banks and the Government agencies to focus on the priority sectors, especially in the Agro and Allied activities, to utilise the natural resources in achieving sustainable livelihood for the district. He urged the banks to promote the schemes, especially loans and subsidies, under the Renewable Energy sector. He asked to motivate the beneficiaries under Housing Loan to also take subsidised loans for Solar units/ Renewable energy units.
The house also advocated for lowering the interest rate on educational loans for the benefit of the student community.
He stressed for motivating the unemployed youth for agro based ventures, start-ups, including processing of the local agro products.
During the meeting DDC held threadbare discussion with regard to the lending in priority, non priority, agro sector, number of cases sponsored by the intending departments, the cases sanctioned, cases disbursed, and cases pending for disbursement.
Besides, the committee also reviewed the implementation of Mumkin, Tejaswani, PMEGP, MUDRA, NULM schemes and progress of ADHAAR linking and Mobile seeding.
The Committee decided to launch a special campaign from 1st of October to 15th of October for the cent-percent saturation of PMJJBY, PMSBY, APY, and other social security schemes.
Regarding the establishment of R-SETI, it was informed that suitable land has been allotted and work on the construction of R-SETI shall start soon. The R-SETI has been instructed to impart training to the unemployed people on cultivation of Lavender, Horticulture, Agriculture, Processing of Agriculture Products, etc.
The Director R-SETI informed that the institute shall hold special 10-day training for the agro sector industry in the coming days.
The meeting was attended by Additional District Development Commissioner Doda Pran Singh, Chief Planning Officer, Suresh Kumar, Dy Director Employment Idrees Lone, LDM Parveen Kumar, DD NABARD, LDO RBI, CAHO, CAO, DSHO, Zonal Officer JK Bank, District Manager KVIB, representatives of Private Commercial Banks, and other officers/representatives of various departments.