Annual Credit Plan enhanced to Rs 1,03,953 crore

CHANDIGARH, MAY 13
Haryana Additional Chief Secretary, Finance and Planning, Mr Sanjeev Kaushal today announced the enhanced Annual Credit Plan of Rs 1,03,953 crore for the current financial year by increasing it from Rs 88,786 in the year 2015-16 , which reflects an increase of 17.1 per cent.
          Mr Kaushal was addressing the 136th meeting of State Level Bankers’ Committee as Chief Guest which was held here today.
He urged the bankers to achieve 100 per cent target for Annual Credit Plan 2016-17 whereas its last achievement was 94 per cent. He said that this year, a target of opening 192 rural banks has been fixed. He also urged the banks to open maximum number of banks in rural areas and ensure timely distribution of various social security pensions.           
            Under Pradhan Mantri Jan-Dhan Yojana (PMJDY), Mr Kaushal asked banks to take care of zero balance accounts, aadhaar seeding, issuance and activation of Rupay cards for effective implementation of the scheme in the State. He advised the banks to gear up for implementation of Stand Up India Scheme of the Government of India. On behalf of the State Government, he assured that instructions would be issued to all Deputy Commissioners   for providing necessary support to the Lead District Managers and review of   all schemes of Government of India particularly, Pradhan Mantri Mudra Yojana and Stand Up India Scheme. He said that the Central Government has formulated a scheme to double the income of farmers in next five years. He also urged the banks to monitor the term loan component of the agriculture advances.
            While addressing the meeting, Additional Chief Secretary, Social Justice and Empowerment, Mr Sunil Gulati congratulated the bankers on successful implementation of DBT scheme and urged them to pick up the pace of work to achieve 100 per cent target set for the scheme. He said that through DBT scheme, about 1.50 lakh fake account holders have come to notice through which the government gained in crores. Mr Gulati said that other states are also seeking information from Haryana related to successful implementation of this scheme.
            While presided over the meeting Executive Director, Punjab National Bank, Dr. Ram S. Sangapure said that since the launch of Pradhan Mantri Jan-Dhan Yojana (PMJDY) on August 28, 2014, banks have opened 51,83,664  accounts up to March 31, 2016 and collected   Rs.1,231 crore under this scheme.  The Rupay Cards have been issued in case of  42,96,520 accounts which is 83 per cent of the total accounts opened.  He urged all the bankers to continue opening of accounts under PMJDY till the coverage of last un-banked person and issue Rupay Cards for all accounts.
            Dr. Ram S. Sangapure urged the bankers and representatives of insurance companies to accelerate their efforts to extend the benefits of recently launched Social Security Schemes, namely Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for life insurance cover and Atal Pension Yojana (APY) for old age pension, to a large number of people in the State.
            Those present in the meeting included Chief General Manager, National Bank for Agriculture and Rural Development, Mr P.C. Chaudhri, Regional Director, Reserve Bank of India, Chandigarh, Mr Nirmal Chand, Secretary, Finance, Mr Sunil Sharan, Agriculture, Director, Mr Bhupinder Singh and Controlling Heads of the Banks operating in the State.
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