Rs. 268.83 crores disbursed among 10652 beneficiaries : DLRC

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DLRC Pulwama March 4PULWAMA : District Level Review cum Consultative Committee (DLRC) meeting was held today under the chairmanship of District Development Commissioner, Pulwama, Mr. Manzoor Ahmad Lone.
All the officers of allied departments, Managers of Financial Institutions, representatives of NABARD and Reserve Bank of India and Joint Director Planning were present in the meeting.
The Lead Bank Manager briefed the meeting about the achievements of banks under annual action plan upto ending of December 2013.
He informed the meeting that against the financial target of Rs. 778.88 crores and fiscal target of 53636 beneficiaries were fixed for priority and non priority sectors in the annual action plan 2013-14, the banks have disbursed an amount of Rs. 268.83 crores to 10652 beneficiaries upto 3rd quarter of financial year 2013-14 thereby achieving the financial targets by 34.53 percent and fiscal targets by 19.85 percent.
It was told in the meeting that in agriculture and horticulture sectors the total lending of all banks in the district has been Rs. 88.73 crore against the target of Rs: 435.24 crore in addition to this under KCC Scheme banks have sanctioned Rs: 95.43 crore in favour of 7585 beneficiaries in 1st three quarters of 2013-14 against the annual targets of Rs. 398 crores and fiscal targets of 39800 beneficiaries.
Under the education sector, it was told in the meeting that Rs. 3 crores were disbursed to 311 beneficiaries against the target of Rs. 12 crores to 297 beneficiaries. The achievement is 23 percent in financial terms and 105 percent in fiscal terms respectively.
Speaking on the occasion, the District Development Commissioner stressed upon the officers to gear up the machinery and work with close coordination and dedication so that the target is achieved in full and better economic prospects can also be achieved.