No.293/2021-2022

Aizawl the 20th September, 2021 : A meeting of the Lunglei District Consultative Committee (DCC)/ District Level Review Committee (DLRC)/District Level Security Committee (DLSC) for the Quarter ended March 2021 & June 2021 was held at the DC Conference Hall on Friday under the chairmanship of Pu Kulothungan A, 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 Kulothungan A highlighted 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. The Chairman inaugurated the Annual Credit Plan 2021- 2022 for the District.

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.

Credit Deposit Ratio of all Banks in the District for March 2021 & June 2021 quarters stood at 61.01% and 60.84% respectively, both above the RBI mandated benchmark of 60%.

Agriculture, MSME leh Other Priority Sector lending collectively stood at Rs. 12733.11 lakhs for March 2021 quarter and at Rs. 2315.60 lakhs for June 2021 quarter. Under the Kisan Credit Card (KCC) scheme, loan to the tune of Rs.661.85 lakhs was sanctioned to 872 farmers in the March 2021 quarter, with this figure standing at Rs. 223.96 lakhs for 276 farmers in the subsequent June 2021 quarter.

Under the Central Government’s Prime Minister's Employment Generation Programme (PMEGP), 160 individuals were sanctioned Rs. 439.88 lakhs loan,with the figure standing at Rs. 8.41 lakhs to 4 individuals in the June 2021 quarter. Under the National Rural Livelihood Mission (NRLM), 28 SHGs were sanctioned loans to the tune of Rs. 40.63 lakhs in March 2021 quarter with one SHG sanctioned loan of Rs. 1 lakh in the June 2021 quarter.

The Chairman appreciated the hard work put in by the Bank managers and their staffs, especially given the present economic havoc wreaked by the coronavirus pandemic. He also thanked them for their CSR efforts and donations towards tackling the crisis.