A meeting of the Lunglei District Consultative Committee (DCC)/ District Level Review Committee (DLRC)/District Level Security Committee (DLSC) for the Quarter ended September 2019 was held at the DC Conference Hall today under the chairmanship of Pu V.Lalsangliana, IAS, Deputy Commissioner.  The meeting was attended by line departments, Bank managers, and representatives of RBI, NABARD, BSNL and NGOs.

Addressing the gathering, DLCC Chairman Pu V.Lalsangliana highlighted on the important and dynamic role played by Banks in the development of the State. He reminded the Bankers and Government officials to put peoples’ welfare first while making decisions related to credit and welfare  schemes.

Total deposits for the Quarter ending Spetember 2019 stood at Rs. 78,294.39 lakhs while loans stood at Rs. 38,432.14 lakhs making the Credit Deposit Ratio (CD Ratio) at 49.09% Loands to Priority Sector (Agriculture, Micro Enterprise, Loan to weaker section) stands at a healthy 52.90% Agriculture loan to the tune of Rs. 324.75 lakhs was disbursed to 235 customers while loans to Micro, Small and Medium Enterprises stood at Rs. 348.51 lakhs sanctioned to 137 individuals. Under various Government schemes, Pradhan Mantri Awas Yojana PMAY loan was given out to 13 families. National Urban Livelihood Mission (NULM), Self Employment Programme had 9 disbursements while 17 SHGs were given loan to the tune of Rs. 30.00 lakhs.

Security related issues, cash/currency management and remittance issues, Stand Up India and Credit Link under Pradhan Mantri Awas Yojana (PMAY) were discussed at length at this meeting. Lunglei District Potential Linked Credit Plan (PLP) 2020-21 prepared by NABARD was launched by the Chairman.