No.562/2021-2022
Aizawl 23rd March 2022: A meeting of the Lunglei District Consultative Committee (DCC)/ District Level Review Committee (DLRC)/District Level Security Committee (DLSC) for the Quarter ended December 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.

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 December 2021 quarter stood at 61.95%, above the RBI mandated benchmark of 60%.

Agriculture lending stood at 2125.35 lakhs, MSME at 3839.71 lakhs and Other Priority Sector lending stood at Rs. 3686.15 lakhs till the end of the quarter. Under the Kisan Credit Card (KCC) scheme, loan to the tune of Rs. 817.35 lakhs was sanctioned to 936 farmers.

Under the Central Government’s Prime Minister's Employment Generation Programme (PMEGP), 28 individuals were sanctioned Rs. 48.48 lakhs loan. Under the National Rural Livelihood Mission (NRLM), 18 SHGs were sanctioned loans to the tune of Rs. 39.69 lakhs.

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.