Since the launch of ‘Pradhan Mantri Jan Dhan Yojana’ (PMJDY) in 2014, banks have opened 56,75,611 accounts up to December 31, 2016 and garnered Rs 2,473 crore in deposits in Haryana.
Out of these, 25,69,585 accounts belonged to women which is 45 per cent of the total accounts opened, and RuPay Cards have been issued in 85 per cent of the total accounts opened. This was disclosed at the 139th meeting of the State level Bankers’ Committee (SlBC) organised here.
On the progress made by banks under the recently launched three Social Security Schemes, namely Pradhan Mantri Suraksha Bima Yojana (PMSBY) for accidental death insurance, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for life insurance cover and Atal Pension Yojana (APY) for old age pension, it was informed that under the PMSBY, banks had enrolled 25,05,062 persons.
Similarly, banks have enrolled 7,95,662 persons under the PMJJEW and 86,302 persons under the APY up to December 31, 2016 in the state.
The commercial banks and RRBs opened 218 new branches during review period, raising the total number of branches to 4,604. Total deposits of commercial banks/RRBs increased to Rs 3,00,761 crore as on December 31, 2016 from Rs 2,37,247 crore on December 31,2015, showing an increase of Rs 63,514 Crore or 27 per cent.
At the meeting, Executive Director, Punjab National Bank, Sanjiv Sharan called upon the bankers to continue opening the accounts under the PMJDY until the last un-banked person is covered and issue RuPay Cards.
He also called upon bankers and officials of respective insurance companies to accelerate their efforts in extending the benefits of the schemes to a large number of people in the state.
It was informed that Pradhan Mantri MUDRA Yojana was launched to "fund the un-funded" by bringing such enterprises to the formal financial system and extend affordable credit to them. So far, MUDRA has been offered mainly to non-farm enterprises in manufacturing, trading and services whose credit needs are below Rs 10 lakh.
Under MUDRA loans, the banking system in Haryana has disbursed Rs 1,128 crore up to December 31, 2016 against the target of Rs 3015.98 crore, and achieved 37.41 per cent of the annual budget in 2016-17 in all three categories of MUDRA such as Shishu loans, Kishore loans and Tarun loans.
As many as 21 Rural Self Employment Training Institutes (RSETIs)/RUDSETIs are functioning in the state. Up to December 2016, 83,070 trainees, including 43,198 women, 29,185 SC/ST persons, and 364 handicapped persons, participated in 2,960 training programmes on skill development at these RSETIs. As many as 12,282 trainees were financed by the banks to start their enterprises.
Referring to the "Stand Up India" Programme launched in 2016, Sharan said that banks had given loans worth Rs 149 croere under “Stand Up India” to 761 beneficiaries out of which 174 cases amounting to Rs 31 crore, were sanctioned to SC/ST beneficiaries and 587 cases amounting to Rs 118 crore were sanctioned to women beneficiaries in Haryana.
The overall achievement of banks under the Annual Credit Plan 2016-17 was 56 per cent. The achievement under Agriculture, MSME and Other Priority Sector was 52 per cent, 79 per cent and 46 per cent, respectively, said he.
He added that total advances during the review period increased to Rs 1,95,406 crore registering a growth of Rs 3,864 crore.