Over 3000 cases sanctioned under PM-SVANidhi scheme by this July 31

JAMMU: Out of the total 3,232 cases under the PM-SVANidhi scheme, 3,097 cases stand disbursed as of July 31.
This was informed in the meeting of the district-level review committee/district consultative committee (DLRC/DCC) for the quarters ended March and June 2021 that was held on Thursday at DC Office Jammu under the chairmanship of ADDC Ramesh Chander.
The meeting was held to review the performance of banks in deposits, advances, CD ratio and achievement under annual credit plan for the fy 2020-21 and first quarter of fy 2021-22.
The ADDC Jammu took an extensive review of government-sponsored schemes with a special focus on KCC, PM SVANidhi, PMAY, PMEGP, JKREGP, NRLM, NULM, etc.
The meeting also reviewed the progress under various government-sponsored and social security schemes.
It was apprised to chairperson that in regard to atma nirbhar bharat abhiyan, banks have sanctioned 3232 cases under PM-SVANidhi scheme out of which 3097 cases stand disbursed as on July 31.
The meeting was informed that the achievement of banks under priority sector stands at Rs 523.77cr against annual target of Rs 6938.45cr recording a growth of 7.54%, while under non-priority sector the achievement stands at Rs 479.52 cr against annual target of Rs 3142.15cr recording a growth of 15.26%.
ADDC advised all Sponsoring Agencies and Banks to spread awareness among people about various Self-employment Schemes launched by the Government and motivate them to avail the benefits of these Schemes for generating self-employment opportunities in the District.
“He directed all the Banks to clear the pending cases sponsored by Govt”.
Meanwhile the Sub-committee meeting on CD Ratio was chaired by CPO Yoginder Katoch, who advised Banks to make meaningful efforts in raising the CD Ratio of the district atleast above 40% and in this regard fresh targets were assigned category wise to all the Banks, to be reviewed in subsequent meetings.
LDM informed the meeting that Banks operating in Jammu District have recorded Deposits of Rs 50616.74 cr and Advances of Rs 15791.41 cr, as on June 30, 2021.
The C.D. Ratio of the District was 31.20%. The achievement of Banks in the District under Annual Credit Plan 2021-22 stands at Rs 1003.29 cr against Annual Target of Rs 10080.60 cr recording growth of 9.95% as on June 30, 2021.
Lead District Manager (LDM), Jammu Ramesh Raina, DDM NABARD, Chief Agriculture Officer, District Sheep Husbandry Officer, AD Fisheries, District Coordinators of J&K Bank, SBI, PNB, JKGB, representatives of other Banks and Officials of other Sponsoring Government Departments/Agencies were present in the meeting.
DLRAC (District Level RSETI Advisory Committee) Meeting was simultaneously convened by Aklesh Raina Director, SBI RSETI, Jammu and performance and progress for the year ended 31st March 21 as well as for the first quarter of the current financial year was also reviewed by the ADDC Jammu.