Diplomat Correspondent
Ramban, March 11, DD: Deputy Commissioner Ramban, Baseer-Ul-Haq Chaudhary, today chaired a District Level Review Committee (DLRC) meeting to assess the performance of banks in the district. The meeting was attended by Additional District Development Commissioner Roshan Lal, GM DIC Ravinder Kumar, RBI representative Anil Kumar, LDM Khursheed Ahmed Malik, Director RSETI, CAO, CHO, CAHO, DSHO, DDM NABARD, BDOs, Bankers, and other senior officers.During the review, it was noted that Ramban’s Credit-Deposit (CD) ratio has increased by 3%, reaching 68.76% as of December 31, 2024, compared to the previous year (March 2024). An expenditure of ₹283.93 crore was recorded in the priority sector, achieving 51% of the ₹551.38 crore Annual Credit Plan (ACP) target, while the non-priority sector performance stood at ₹345.27 crore.The DC directed Bankers to prioritize financial inclusion for women by effectively implementing female-oriented schemes and ensuring handholding support to help them in achieving financial self-reliance. He also emphasized youth-centric employment schemes, expressing concern over the underperformance in the priority sector and instructing banks to provide a detailed scheme-wise report.He called for swift action on loan cases under MUMKIN, TEJASWANI, PMEGP, PM VISHWAKARMA and KCC schemes to benefit local youth, along with reviewing the implementation of Prime Minister’s Social Security Schemes (PMMY, PMSBY, PMJJBY, and APY) in the district.To enhance transparency and efficiency, the DC directed the GM DIC and concerned officers to verify and submit a report on the status of sponsored, sanctioned, and disbursed cases under priority and social sector schemes. He also instructed them to identify and address reasons for the rejection of loan cases by various banks.Taking serious note of misplaced sponsored loan cases, the DC directed the Cluster Head of J&K Bank to conduct verification and submit a report within the prescribed time frame.Emphasizing the need for a structured approach to employment generation, the DC instructed the GM DIC to hold meetings with all stakeholders to set targets and formulate strategies to achieve 100% performance under government-sponsored schemes. He also stressed increasing the number of cases, directing market-relevant training, and ensuring financial and market linkages to maximize benefits for the unemployed youth.The DC reiterated the administration’s commitment to strengthening the financial ecosystem in Ramban and ensuring equitable access to banking services for all sections of society.The DC also released the Annual Credit Plan for 2025-26 formulated for the district. DD
