A meeting of the Lunglei District Consultative Committee (DCC)/ District Level Review Committee (DLRC)/District Level Security Committee (DLSC) for the Quarter ended June 2020 was held at the DRDA Conference Hall yesterday (21/10/2020) under the chairmanship of Pu R.Vanrengpuia, Additional Deputy Commissioner, Lunglei District. The meeting was attended by line departments, Bank managers, and representatives of RBI, NABARD, BSNL and NGOs.

Addressing the gathering, Pu R. Vanrengpuia 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.

Credit Deposit Ratio (CD Ratio) for June 2020 stood at 46.98%, much lower than the RBI stipulated minimum 60%. All banks were advised to provide more credit and disburse more loans to increase the Credit Deposit Ratio in the District. Performances under key Central Government schemes such as Prime Ministers Employment Generation Programme – PMEGP, Pradhan Mantri Awas Yojana, Kisan Credit Card (KCC) etc were discussed and deliberated at length duting the meeting. Security related issues, cash/currency management and remittance issues, Stand Up India and Credit Link under Pradhan Mantri Awas Yojana (PMAY) were also discussed at length at this meeting.