DLRC Meeting held in Kupwara

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By Fast Kashmir on 13/03/2018.

DLRC Meeting held in Kupwara
Wasim Majnoon Mir

Kupwara March 13: The DLRC meeting of the District Kupwara was held today under the chairmanship of DDC Kupwara Khalid Jahangir.
The meeting was informed that under Annual Credit Plan 2017-18, against target of Rs 777,00 Crs, Rs 677.87 crs have been achieved, which amounts to 87%, a very satisfactory figure. The priority sector lending has been 383.83 crs out of Rs 650.50 Crs, which amounts to abouy 59%. The CD- ratio of the district is healthy at 81%.
While speaking on the occasion, the DDC stressed on the need for 100% achievement to be registered on targets of Annual Credit Plan.
He further emphasized that joint awareness camps by Government Departments/Banks be conducted in large numbers in the district. He directed the heads of Financial Institutions, that balanced lending be ensured among all key sectors, to propagate equitable growth in all sectors of economy. It was also informed that a special DLRC shall be held in the month of April to further assess the intersectoral micro level details related to credit offtake.
During the meeting potential linked plan 2018-19 prepared by DDM NABARD Mr Zubair was released. In the document potential under priority sectors have been identified to the tune of Rs 773.00 crores during 2018-19.
The meeting was attended by ADC Handwara, CPO Kupwara, LDM Kupwara, LDO, RBI, DDM NABARD, heads of various banks and all District and sectoral officers.