Sri Vijaya Puram, Dec 17: The District Consultative Committee (DCC) and District Level Review Committee (DLRC) meeting for the September 2024 quarter was held on 17th December 2024, chaired by Mr. Arjun Sharma, IAS, Deputy Commissioner, South Andaman. The meeting took place at the Conference Hall, District Office, with the objective of reviewing the performance of banks under the District Credit Plan for 2024-25, Government Sponsored Schemes, and Flagship Schemes launched by the Prime Minister.
The Deputy Commissioner, South Andaman, emphasized the importance of focusing on Flagship Schemes like PM SVAnidhi, PMEGP, and Stand Up India. He instructed banks to meet their targets in a timely manner and stressed the need for greater collaboration in conducting financial literacy camps. These camps should be aimed at educating unemployed youth about these schemes, in coordination with the Panchayati Raj Institutions (PRIs) and Urban Local Bodies (ULBs).
Additionally, the Deputy Commissioner, South Andaman advised the Rural Self Employment Training Institute (RSETI) of the State Bank of India (SBI) to include new sectors like Solar Installation and Agar Cultivation in their Entrepreneur Development Program Annual Action Plan for the year 2025-26. The Deputy Commissioner urged all banks to increase loan disbursement under Priority Sector Lending and focus on reducing Non-Performing Assets (NPAs). He also acknowledged an improvement in the Credit Deposit (CD) ratio, which increased by 1.19% to reach 66.84%.
Mr. C Raj, Chief Manager of SBI, welcomed the Chairman and provided an update on the achievements of RSETI. He mentioned that the institute had successfully met its annual target for skill training programs in the year 2024-25.
The meeting was attended by various distinguished guests, including Ms. Jyothi, Pradhan of Gram Panchayat Sippighat, Mr. Tirumalasetti Phanindra, LDO, RBI Kolkata, Mr. P K Ummer Farooq, Chief Manager, UTLBC, SBI, Mr. Ravisankar K, Chief Manager, Lead Bank, SBI, Mr. Rahul Dhamani, DGM, NABARD, as well as senior officials from various banks and government departments.
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