Imran shah
Kishtwar, DD, A meeting of the Block Level Bankers’ Committee (BLBC) was held today under the chairmanship of Assistant Commissioner Development (ACD) Kishtwar, with additional charge of General Manager, District Industries Centre (DIC), Phulail Singh, JKAS, in close coordination with Lead District Manager (LDM) Harsh Rawal.
The meeting primarily focused on:
Reviewing the implementation of banking schemes
Addressing pendency of cases under PMEGP
Enhancing financial coordination between banks and government departments
Review of PMEGP and Pending Cases
LDM Harsh Rawal welcomed all participants and presented an overview of government-sponsored schemes. A detailed discussion was held on the pendency of cases under DIC and Khadi and Village Industries Board (KVIB) in PMEGP.
The following reasons were identified for delays:
Borrowers not approaching bank branches
Incomplete documentation
Non-availability of business spaces
Pending Entrepreneurship Development Programme (EDP) training
The DIC was directed to work closely with banks to reduce pendency and improve the sanctioning process.
Sector-Specific Discussions
Handicrafts & Handloom Sector: Banks reported that despite repeated follow-ups, many beneficiaries were not completing formalities, with some expressing disinterest in availing loans. The Assistant Director, Handicrafts, was tasked with mobilizing applicants and ensuring timely disposal of cases.
Fisheries Sector: Many applicants had already availed loans under the Kisan Credit Card (KCC) scheme for Animal and Sheep Husbandry and were not approaching banks for fresh loans. The concerned department was advised to collect pending case lists from bank branches through the LDM office and facilitate borrower mobilization.
Loan Recovery & Financial Inclusion
The meeting also reviewed the recovery of stressed loans under government-sponsored schemes. Banks were directed to submit a list of such cases to the district administration via the LDM office.
In terms of financial inclusion, banks were urged to increase enrollments under:
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
Pradhan Mantri Suraksha Bima Yojana (PMSBY)
Pradhan Mantri Jan Dhan Yojana (PMJDY)
Atal Pension Yojana (APY)
Bank Accountability & Future Directives
SBI was asked to explain its high loan rejection rate.
ICICI, HDFC, and IndusInd Bank officials were absent, which was noted for further action.
LDM was directed to ensure the presence of all bank officials in future meetings.
The committee emphasized better interdepartmental coordination, proper project cost estimations, and timely training to enhance loan disbursement and meet financial inclusion targets.DD