Bring poor farmers under debt swap scheme: DC to banks
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.