No.321/2020-2021

Lawngtlai, the 28th October, 2020: Lawngtlai District Consultative Committee, District Level Review Committee and District Level Security Committee was held today under the chairmanship of DC Lawngtlai Dr Andrew H. Vanlaldika at the DC's Conference Hall.

The meeting was attended by Lead Bank Manager Pi Lalhlupuii, NABARD Lunglei DDM Pu Evan T. Munsong, representatives of different banks and  line departments within Lawngtlai District.

The meeting reviewed banks' performances in implementing government schemes and loans during January to June, 2020 (4th Quarter, 2019-20 & 1st Quarter, 2020-21) within Lawngtlai District and discussed security related issues, cash/currency management & remittance issues and credit linkage under various government schemes. Suggestions for better achievement and solutions for existing problems were also discussed.

It was raised in the meeting that there was an existing issue regarding non-acceptance of Rs 10 coin by shopkeepers and customers. In this regard, it was mentioned that Rs 10 coin was a valid currency and should not be rejected by anyone, and banks were also requested to accept deposits of coins from the public though coins were mainly issued for public circulation.

It was reiterated in the meeting that the unemployed and farmers were in the priority sector for advances and loans to ensure equal opportunity in the society. Banks and line departments were requested to promote and create awareness regarding education loans and other governmental schemes. The meeting also resolved to organise more frequent financial literacy camps (FLC) while maintaining COVID-19 appropriate behaviour.

In today's meeting, the Annual Credit Plan, 2020-21 for Lawngtlai District was released by the Chairman.

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