After the launch of Mudra loan scheme, Jharkhand has shown good performance on Shishu segment but faired not so well on the other two. As on March 31, 2016 the Shishu loans touched upon Rs 446 crore against the target Rs 410 crore.
However, just Rs735 crore could be disbursed against targeted Rs1093 crore and number of proposal approved remained 32 against 55 under Tarun segment meant for Rs 50000 to Rs5 lakh. Similar show continued for Tarun segment distributed Rs 474 crore against Rs total Rs820 crore.
Addressing the gathering there on the 55th SlBC meeting on Wednesday, Chief Minister Raghubar Das lauded role of the banks played for greater financial inclusion in the State.
He also appealed to the banks to organise camps for speedy implementation of crop insurance scheme recently remodeled with greater benefits for the farmers and to cover about 137 villages over 5000 population which are still uncovered by any bank branches. The CM also expressed worry over just 30 per cent CD ratio in rural areas.
The SlBC has also expressed worry over leaping NPA figures that has clocked whopping 6.50 per cent with 24.92 per cent jump on year-to-year basis, the highest ever in Jharkhand. The dead asset in the State is also way above the RBI standards.