The District Consultative Committee Meeting of Budgam District was held under the Chairmanship of the Additional District Development Commissioner Mohammad Akbar Ganai.
J&K Bank Lead District Manager (LDM) Mohammad Yaqoob welcomed the participants and briefed them about the achievements of the banks operating in the District in government sponsored schemes on 31st August 2012 with respect to Annual Action Plan 2012-2013.
Under KCC scheme, the banks have sanctioned an amount of Rs 29.10 Crores out of which Rs 11.58 Crores have been disbursed as on 31st August and the figure of disbursement as on date is Rs 17.00 Crores approximately.
The Potential Linked Plan prepared by NABARD for the financial year 2013-2014 amounting to Rs 253.76 Crores was also approved in the meeting.
The Chairman appreciated the role of banks for ensuring full support to Line Departments in order to achieve the Credit Target fixed for the Financial Year 2012-2013 under Annual Action Plan.
He lauded the coordination shown by Banks and Line Departments in order to ensure more and more benefit to Beneficiaries.
The Chairman emphasized that the targets under all the major Govt. Sponsored Schemes need to be achieved in order to ensure benefit to unemployed Youth in the District.
The House was also informed that the various Camps held by the J&K Bank Financial Literacy and Credit Counseling Centre (FLCC) Budgam at various far flung areas have also benefitted common people in the district.
Joint Director Planning Farooq Ahmad Yaswi presented the vote of thanks.
Others present on the occasion were Cluster Head-IV JK Bank Abdul Hamid Khan, Dinesh Chander (RBI) and Deshraj Jaryal (NABARD).