Chandigarh, Aug 11 –The Haryana Chief Secretary, Mr D.S. Dhesi, has urged the bankers to play a pro-active role in implementation of the Goods and Services Tax (GST), besides fulfilling their commitments towards laying more emphasis on direct benefit transfer (DBT), less cash transactions, and Aadhaar-seeding. 

          Speaking at the 141st meeting of the State Level Bankers Committee (SLBC) organised here today, Mr Dhesi urged the lead district managers (LDMs) to play a critical role in explaining the responsibilities to bankers, farmers and insurance companies for smooth implementation of the Pradhan Mantri Fasal Bima Yojana in the state. 

      He stressed the need for perfect coordination between banks and state government departments in implementation of DBT pension schemes and expected that the MIS should be robust. He requested the banks and government departments to sort out the MIS issue. 
          The Prime Minister, Mr Narendra Modi, addressed  Chief Secretaries, Principal Secretaries of major departments of the state government and deputy commissioners of all states in the country through video conference on the eve of the 75th Anniversary of Quit India Movement on August 9, 2017.

    In his address, The Prime Minister advised all DCs to prepare a vision document with the help of intellectuals and youth of their district highlighting 10-15 priorities before August 15, 2017, and initiate necessary steps to achieve the same by 2022, the 75th Anniversary of India attaining independence, the year for providing housing for all, and the year stipulated for doubling of farmers’ income.

     They were also advised to identify 6-7 areas in which their district is lagging behind and make efforts to effect improvement in these areas.
          The Haryana Principal Secretary, Finance and Planning, Mr T.C. Gupta, said under the Saksham Yuva scheme, about 15,000 post- graduates unemployed youth and 5,000 graduates had been registered in Haryana and bank could take their services for different kinds of works in banking sector as per their qualifications. He also urged the banks to avail themselves of the services of these youth. 

          Speaking on this occasion, Executive Director, Punjab National Bank, Head Office, New Delhi, Dr. Ram S. Sangapure, said since the launch of the Pradhan Mantri Jan-Dhan Yojana (PMJDY), banks have opened 63,46,162 accounts up to  June 30, 2017 and garnered an amount of Rs.1,954 crore as deposit under this scheme. 
      Out of the total, 28,85,222 accounts of women have been opened which is 46% of the total accounts and Rupay Cards have been issued in 87% of the total accounts opened.  Dr Sangapure called upon all the bankers to continue opening of accounts under the PMJDY until last banked person is covered and issue Rupay Cards in all accounts.
          Referring to the progress made by banks in 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, Dr. Sangapure said under the PMSBY banks had enrolled 26,48,189 persons, under PMJJBY 8,19,322 persons and  under Atal Pension Yojana (APY) 1,12,589 persons upto JUNE 30, 2017. 
        He called upon the bankers and officials from respective insurance companies to accelerate their efforts to extend the benefits of the scheme to a larger number of people in the state.

          While speaking on the Pradhan Mantri MUDRA Yojana, Dr Sangapure said it was launched to ”fund the un-funded” by bringing such enterprises to the formal financial system and to extend affordable credit to them.  Under MUDRA loans as on June 30, 2017 the banking system in Haryana disbursed an amount of Rs.408 crore.

        Dr Sangapure said the Union Ministry of Finance has enlarged the scope of MUDRA and “Activities allied to Agriculture (up to Rs 10.00 lakh)’ (excluding crop loans, land improvement such as canals, irrigation, wells) and services supporting these, which promote livelihood or are income generating shall be eligible for coverage under PMMY. 
      With this enlargement of scope in MUDRA, the farming community of the state will be greatly benefitted with regard to enhancement in their income. This will reduce under-employment and the farmers will be fully engaged in productive activities closely related to their profession.
           While reviewing the performance of the banks for the review period from June 2016 to June 2017 under various key parameters, he said the banking system in the state achieved all the national goals during the period under review. The commercial Banks and RRBs opened 192 new branches during the review period, raising the total number of branches to 4,721. The total deposits of commercial banks/RRBs increased to Rs. 3,06,137 crore as in June, 2017 from Rs.2,51,359 crore as in June, 2016 thus showing an increase of Rs 54,778 crore or 22%.
          The total advances during the review period increased to Rs 1,98,790 crore registering a growth of Rs.7,213 crore. Priority sector advances went up from Rs.1,07,650 crore to Rs 1,12,966 crore recording an increase of Rs 5316 or 5 per cent during the review period. 
       Priority sector advances to total advances in the state as in June, 2017 stood at 59% against the national goal of 40%.  Agriculture advances increased from Rs.42,923 crore to Rs.44,331 crore exhibiting a growth of Rs.1408 crore or 3% during the review period. 

          The ratio of agriculture advances to total advances was 23 per cent  against the national goal of 18%. Overall CD Ratio as in June, 2017 for the state as a whole was 65% against the national goal of 60%. 
          While informing about the “Stand Up India” Programme launched by the Prime Minister on April 5, 2016, Dr Sangapure said that banks in first three months of the current year, gave loans under Stand Up India to 239 beneficiaries amounting to Rs 55.29 crore out of which 62 cases amounting to Rs.6.7 crore sanctioned to SC/ST beneficiaries & 174 cases amounting to Rs.43.49 crore sanctioned to women beneficiaries in Haryana.
          The overall achievement of banks under Annual Credit Plan 2017-18 upto June 2017 was 101%. The achievement under Agriculture, MSME and Other Priority Sector was 103%, 111% and 75% respectively. He laid focus on educating the borrowers about timely repayment of bank dues.
     He also requested the state government  to help the banks in early settlement of pending 17,757 recovery certificates filed under HACOMP Act involving an amount of Rs. 555.26 crore pending as in JUNE, 2017. He requested the government to take necessary steps to improve the recovery as the recovery of advances is urgent requirement of banks for re-cycling of funds and for viable banking operations.

          The Haryana Principal Secretary, Electronics, IT and Civil Aviation, Mr Devender Singh, Director, Industries and Commerce, Mr Ashok Sangwan, Director, Social Justice & Empowerment, Mr Sanjeev Verma, General Manager, Reserve Bank of India, Chandigarh, Ms Rachna Dikshit, CGM, NABARD, Regional Office, Haryana,  Mr Arun Shukla,  General Manager, PNB, Head Office, New Delhi, Dr. B.M. Padha, and other senior officers of the state and controlling heads of banks operating in Haryana were among those who attended the meeting.