TAWANG, Dec 13: Tawang Deputy Commissioner Sang Phuntsok has asked banks in the district to “aggressively push to increase the credit-deposit (CD) ratio.”
Addressing a meeting of the District Consultative Committee, the District Level Review Committee and the District Level Security Committee here on Wednesday, the DC expressed concern at the low CD ratio, and advised the banks to explore the possibility of giving household loans, besides personal and car loans.
He also suggested creating awareness on the significance of debt financing, on account of the reluctance of work contractors to avail loan facilities.
With regard to schemes rolled out by the government, especially social security schemes like Jeevan Jyoti Yojana, Suraksha Beema Yojana, and others, Phuntsok said all the circle officers have been directed to play proactive roles in enlightening the public about the same.
It was decided during the meeting – which was attended by the ZPC, the SP, the lead bank chief manager, HoDs, and bank officials – that forms for the schemes would be made available in all the offices.
Reflecting on the Jeevan Praman programme, under which Aadhar-based digital life certificates are generated, the DC said physical life certificates/appearances “should not be insisted upon by the pension disbursing agency.”
Schematic progress of schemes, recovery of loans (including bakijai cases), progress of financial literacy campaigns, etc, were also discussed. (DIPRO)
