To review achievements made during 3rd quarter of current financial year, J&K Bank conducted the District Level Review Committee/District consultative Committee (DLRC/DCC) meeting of Baramulla that was chaired by District Development Commissioner (DDC) Dr G N Itoo and attended by Zonal Head Kashmir (North) Imtiyaz Ahmad Bhat, DDM NABARD, representatives of other banks operating in the district and District Level Officers of all the line departments.
The house was informed that under annual District CreditPlan 2019-20, the district has recorded an achievement of Rs 1796.93 Crduringthe quarter, which is 54.15 pc of Rs 3318.48 Cr – the targetset under ACP. LeadDistrict Manager informed the house that 58715recipientsof the district werebenefited under various schemes.The house appreciated the performance ofJ&K Bank for 100 pc coverage of PMKISAN beneficiaries under KCC scheme inthe district.
Notably, the CD ratio of the district on December 31, 2019was at 80.65pc while as the Priority Sector Advances outstanding wasRs 2761.99Cr, which is 64.59 pc of total advances of the district.
Speaking on the occasion, Chairman DLRC advised all thebanks and the sponsoring agencies to work with Cooperation, Coordination andCohesion to achieve the goals and targets of development & progress besidesgeneration of employment for unemployed youth of the district.
Meanwhile, with a view to ensure wider financial inclusionthe bank continued its public outreach program and raising awareness about thesalient features of Social Security Schemes (SSS)besides KCC, J&K Bankconducted two financial literacy camps at Prichhoo and Barpora village inPulwama district, which were attended by large number of people belonging todifferent walks of life.
On the occasion, the participants were given an overview ofthe scheme of KCC that enables farmers to bargain well and make better choice.The audience was informed that the PM KISSAN beneficiaries are eligible for KCCscheme covering activities like agriculture, horticulture, dairy and fisheries.