Bring poor farm­ers under debt swap scheme: DC to banks

Hindustan Times (Chandigarh) - Live - - FRONT PAGE - Chandigarh@hin­dus­tan­

HT Cor­re­spon­dent SAS NA­GAR: Pun­jab Na­tional Bank (PNB) con­vened their 29th district level con­sul­ta­tive com­mit­tee meet­ing at the mu­nic­i­pal cor­po­ra­tion of­fice to re­view the progress of the banks for the quar­ter end­ing June 2013, here on Fri­day.

The meet­ing was held under the chair­man­ship of SAS Na­gar deputy com­mis­sioner (DC) Te­jin­der Pal Singh Sidhu.

PNB Pa­tiala cir­cle deputy gen­eral man­ager DK Sharma was also present at the meet­ing.

While con­grat­u­lat­ing the bankers for achiev­ing tar­gets for the first quar­ter of fi­nan­cial year 2013-14, the DC said the banks have dis­bursed Rs 708 crores under pri­or­ity sec­tor, out of which Rs 251 crores under agri­cul­ture ad­vances to the farm­ers of the area, Rs 239 crores to mi­cro and small en­ter­prises and Rs 218 crores to other pri­or­ity sec­tor-loan for hous­ing and ed­u­ca­tion etc.

Sidhu em­pha­sised that the ed­u­ca­tional loan should be given to all de­serv­ing can­di­dates pur­su­ing higher ed­u­ca­tion. He fur­ther ad­vised the banks to pre­pare a list of debt rid­den farm­ers and bring them under debt swap scheme be­ing run by the pub­lic sec­tor banks.

He also as­sured that the en­tire de­part­ment will sup­port the lead district man­ager for im­ple­men­ta­tion of the elec­tronic ben­e­fit trans­fer (EBT) scheme.

Parveen Ku­mar Thind, ADC (gen­eral), and Puneet Goyal, ADC de­vel­op­ment, de­sired that the banks should com­plete the ex­er­cise of EBT at the ear­li­est to en­able trans­fer of all so­cial se­cu­rity pay­ment ben­e­fit elec­tron­i­cally to the ben­e­fi­cia­ries.

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