Govt wants Rs58,873-cr ACP target achieved

Published on: 

The State Government on Friday told the State level Bankers’ Committee (SlBC) to focus on providing basic banking services to all villages, introduction of more mobile vans, micro ATMs and 100 achievement of ACP (Annual Credit Plan) target of Rs 58,873.50 crore for 2016-17.

Finance Minister Pradip Kumar Amat placed these demands at the SlBC meeting held here. Among others, Development Commissioner R Balakrishnan, SlBC ED-cum-Chairman Charan Singh, RBI Officer-in-charge PK Dash, Nabard Chief General Manager Dr KC Panigrahi, SBI CGM BVG Reddy and Uco Bank General Manager and SlBC convenor Anil Kumar were present.

The Development Commissioner focused on successful implementation of Direct Benefit Transfer through expansion of banking services outlets.

It was revealed that as on June 30, 2016 a total of 96.77 lakh savings bank deposit accounts have been opened under Pradhan Mantri Jan Dhan Yojana and total deposit balance in the PMJDY accounts was Rs 1575.38 crores.

A total of 31.91 lakh Pradhan Mantri Surakshya Bima Yojana, 8.57 lakh Pradhan Mantri Jeevan Jyoti Bima Yojana and 1.21 lakh Atal Pension Yojana enrollments have been done by banks in Odisha under the Jeevan Surakhya Yojana.

During April-June, banks have disbursed Rs 2739.62 crore in 4,39,464 MUDRA accounts under Pradhan Mantri MUDRA Yojana (PMMY).

Under Standup India, Rs 160.34 Crore has been disbursed in 2065 accounts.

For all banks in Odisha, on year to year basis, the deposit increased by 9.83  per cent whereas the advance growth is 21.87 per ent. Share of Agriculture Credit to Total Advance is 33.20 per cent against the national parameter of 18 per cent. The share of MSME advances to total advances is 23.06 per cent

The SlBC Chairman stressed on strengthening business correspondent network for providing basic banking services at doorstep of each village. He also emphasized on activation of NPA or dormant Kissan Credit Card. He also stressed on maximum coverage of loanee and non loanee farmers under crop insurance scheme.

Daily Pioneer
dailypioneer.com