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Rs. 544.07 Cr. given for setting up of 17,217 IG units

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STATE TIMES NEWS
ANANTNAG: The District Level Review-cum-Consultative Committee meeting of district Anantnag under District Credit Action Plan for the 2nd quarter of the current financial year 2014-15 was on Saturday held at Anantnag under the chairmanship District Development Commissioner Anantnag, who is also the Chairman of the said committee.
The District Lead Bank Manager while disclosing the details of the achievements made under Credit Action Plan told that against a credit target of Rs. 863.55 cr an advancement of Rs. 544.07 cr have been made available by various banks and financial institutions for setting up of 17,217 Income Generating Units in the district Anantnag upto the end of September 2014.
While revealing the sector wise achievements, the District Lead Bank office disclosed that under agriculture and allied sector against a credit target of Rs. 253 cr. An advancement of Rs. 171 cr have been made for establishment of 8,363 Income Generating Units. Under non form /SSI sector 66,543 units were setup with an advancement of Rs. 257 cr against a credit target of Rs. 345 cr while as under other priority sector a loan of Rs. 14cr has been made available to 723 beneficiaries against a credit target of Rs. 84 cr.
Under Prime Ministers Jan Dhan Yojana 19,891 accounts have been opened by various banks and 280 awareness camps conducted in district Anantnag up to the end of September 2014.
It was also given out in the meeting that against a target of 67,000 Kissan Credit Cards, 83,000 Kisan Credit Cards were also issued by various banks and a loan of Rs. 38.46 lakhs have also been disbursed among 52,425 beneficiaries related with agricultural, sheep, and diary and horticulture sectors.
The Director Rural Self Employment Training Institute (RSETI) informed the meeting that two training programmes were conducted in which 61 candidates have been imparted training in different trades by the RSETI, Bijbehara.
The District Development Commissioner asked the bankers and the line departments to have close co-ordination in achieving targets and stressed them to pay special attention towards providing educations loans and assistance to women beneficiaries. He also asked for conducting awareness camps in educational institutions. He also informed that as per RBI guidelines no grantee is required for the loan up to Rs.4 lakh in the education sector.
The District Development Commissioner directed the Social Welfare department to transfer the ISSS/IGPN beneficiaries’ accounts from cooperative Bank to other Banks having on line Banking facility
Among others, the meeting was attended by Joint Director Planning, AGM RBI, Cluster head J&K Bank Anantnag, officers from other Banks and line departments.

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