JK Bank convenes DLRC meet
Banks disburse Rs 72 cr in Gbl
GK NEWS NETWORK
Srinagar, Dec 13: J&K Bank convened District Level Review Committee (DLRC) meet at Ganderbal, which was chaired by District Development Commissioner (DDC) Ganderbal Showkat Ahmad Mir.
Additional DC Itrat Hussain Rafiquee, CPO Mukhtar Ahmad Bazaz, AGM NABARD Kamal Sainee, all district officers of line departments and district coordinators of all banks operating in the district attended the meeting.
Welcoming the participants, Lead District Manager (LDM) Masood Ahmad Khan briefed the house about achievement of targets by the banks under District Credit Plan 2012-13.
He said, “The banks operating in the district have disbursed Rs 72.02 crore for establishment of 3709 units till September 2012, out of which Rs 45.41 crore were provided for 2573 units under priority sector realizing 36 per cent of the target and Rs 26.61 crore for establishing 1136 units under non- priority sector registering 21 per cent achievement.”
In priority sector, 63 per cent of the target was achieved in agriculture and allied activities, while as in Small Enterprises 34%, Micro-credit 31%, Education 36% and housing 21% of the target was achieved, he added.
Speaking on the occasion, Chairman DLRC stressed upon banks and sponsoring agencies to play effective role in eradicating unemployment of the district by achieving the set targets under various sectors for setting up of income generating units, the bank in a statement said.
He appreciated the role of J&K Bank in disposing of the cases meticulously and advised all other banks to adopt the same and ensure achievement of 100% target under different sectors by the end of current fiscal.
He advised NABARD and other concerned agencies for timely release of subsidy and margin money. He advised the financial institutions to sanction and disburse the cases strictly as per guide lines and in close co-ordination with sponsoring agencies.
Lastupdate on : Thu, 13 Dec 2012 21:30:00 Makkah time
Lastupdate on : Thu, 13 Dec 2012 18:30:00 GMT
Lastupdate on : Fri, 14 Dec 2012 00:00:00 IST
- MORE FROM BUSINESS
- JK’s marble industry lying flat
- Oil companies told to fast track appointment of new LPG dealers
- JK Bank convenes DLRC meet
- Jamkash Vehicleades, MSIL hold bankers’ meet
- RBI expects inflation to moderate in 2-3 months
- SKUAST Jammu gets JK Bank Business Unit
- Krishi Vigyan Kendra holds meet
- Dar takes over as chairman JK Cooperative Bank
- 'Economic growth stabilising'
TUFAIL MATOO KILLING CASE
D A RASHID
Srinagar, Dec 13: The High Court Thursday granted four weeks to the family of Tufail Matoo to file reply to the final report submitted by the Special Investigation Team (SIT) in the case. The SIT report More
- Srinagar City
Srinagar, Dec 13: Notwithstanding the claims of Café Coffee Day, that its outlet at Kashmir University would offer subsidy to students and academicians, the CCD levies tax of 13% on every commodity sold More
Formal Orders Issued For Prof Peer’s Appointment As Consultant
GK NEWS NETWORK
Jammu, Dec 13: The state government Thursday issued formal orders for appointment of Prof Mushtaq Ahmad Peer as Consultant for “fast-tracking recruitment to non-gazetted posts.” The appointment orders More
- South Asia
NISAR AHMED THOKAR
Islamabad, Dec 13: A high-level delegation comprising civil society representatives, intellectuals, jurists and traders from Pakistan administrative Kashmir on Friday left for Delhi to attend a two-day More
PRESS TRUST OF INDIA
London, Dec 13: Britain today said it would increase the number of face-to-face students interviews instead of just paper checks after a pilot study found abuse of the country's student visa system in More
KWS ORGANIZES SEMINAR
SHABIR IBN YUSUF
Ganderbal: In its endeavour to spread awareness about the menace of female foeticide, Khatoon Welfare Society (KWS), an NGO Thursday organized a seminar at Government Girls Higher Secondary School here More
Since 2008, Kashmir Education Initiative (KEI), a volunteer-driven philanthropic organization with a focus on education in Kashmir, has been quietly supporting education of talented and deserving Kashmiri More