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131st Meeting of State Level Bankers’ Committee (Punjab)

The 131st meeting of State Level Bankers’ Committee (Punjab) to review the performance of banks for the period ended December 2014 will be held on 10.02.2015 at 10.30 A.M. at Hotel Shivalik View, Sector-17, Chandigarh. Following issues shall be taken up for discussions in the meeting:-

Item No.1 Confirmation of minutes of 130th Meeting of State Level Bankers' Committee (Punjab) held on 13.11.2014.Last Meeting of SLBC 130th

Held on 13.11.2014

Minutes e-mailed /Circulated/placed on SLBC site on

25.11.2014

Comments Received NIL

The House may confirm the emailed/ circulated minutes.

Item No. 2 Pradhan Mantri Jan Dhan Yojana

Pradhan Mantri Jan Dhan Yojana which envisages, Accidental Insurance of ` 1 lac, Life Insurance cover of Rs.30000/-, Issuance of Rupay Debit Card to every account holder, was announced on 15.08.2014 by Hon'ble Prime Minister of India. Agenda papers of 131thMeeting of SLBC-Punjab

State Level Mega Function was held on 28.08.2014 in Punjab by Hon'ble Chief Minister at Ludhiana. In order to cover 5476724 households in the State, a door to door survey was conducted by the Banks with the help of State Government In the survey, it was found that 4573705 households were already having bank accounts and 863524 households were to be covered.

With the active support and guidance of the State Govt, State has been declared as saturated on 08.12.2014 and to cover the entire households and to create awareness among the public for PMJDY Scheme, the banks in the State of Punjab organized 40481 camps. In these camps 2945090 accounts were opened covering the entire households in the State. Rupay cards have been issued in 1864888 accounts. All the villages in the State has to be covered through 4170 SSAs allocated to different Banks and in Urban Areas the same has to be covered by covering the same in 2405 wards.

Controlling heads of all the banks/LDMs are requested to ensure coverage of SSAs and wards for ensuring banking services to all the households in the State.

Item No. 2(i) Bank Mitra & Infrastructure- Pradhan Mantri Jan Dhan Yojana.

The first important and foremost step in appointment of Bank Mitras is tallying of SSAs. Convener Bank advised all the Lead District Managers for holding a special DCC meeting for tallying of SSAs in their district latest by 29.12.2014. All the Lead District Managers have confirmed having tallied the SSAs with the DCO of each bank. List of allocation of SSAs & wards is attached as per Annexure 1(a) & Annexure 1(b). {Page No.68-69}

Agenda papers of 131thMeeting of SLBC-Punjab

Mission office of Department of Financial Services, Ministry of Finance, Govt. of India, has desired that a weekly progress report on Bank Mitra & Infrastructure at the end of every Saturday be submitted to them by the following Monday.

Convener Bank has already advised all the member banks for submission of the Statement on Bank Mitra & Infrastructure of every Saturday by the following Monday. The Statement is enclosed as per Annexure-2 {Page No.70}for information of the house.

Member Banks to ensure Bank Mitras are put in place for covering the households and providing banking services at all the identified places.

The house may deliberate.

Item No. 2(iii)

Monitoring of Delivery and Activation of RuPay Debit Card under PMJDY.

While reviewing the progress under PMJDY, Deptt. of Financial Services (DFS) has observed that some cards issued by the Banks may not have been either delivered to the customers or not activated which will deprive them the benefit of accidental insurance. All banks to ensure that RuPay debit card is issued in all the accounts opened under PMJDY.

The account holders should be made aware of the usage of RuPay debit Card and should be asked to activate his/her card.

The account holders should be informed that they should try to use their card once every month to ensure the benefits of Personal Accidental Insurance (Even though the limit is of 45 days). The account holder should be educated on the security and safety of the Rupay Card and the pin number. Bank wise Agenda papers of 131thMeeting of SLBC-Punjab

position for issuing of Rupay Card is attached as per Annexure-3. {Page No.70}

During the deliberations in the State Level Implementation Committee of Prime Minister Jan Dhan Yojana held on 29.01.2015, the following decisions were taken:

The publicity for issue and activation of Rupay card be made through SMS, Wall paintings and in Financial Literacy camps.

The issue of lack of awareness about usages of Rupay Card and operation in the account opened under PMJDY be raised at DFS level for waiving the condition of operating the Rupay card once in 45 days.

The awareness can be created among the masses for issue and activation of Rupay card through Gram Panchayats. Director Institutional Finance and Banking was advised to issue instruction to Deputy Commissioners for advising Gram Panchayats in their Districts for creating awareness in the villages for issue and activation of Rupay Card.

The decisions taken in the meeting are placed before the house for approval of the same.


Item No. 2(iv)

Telephone Connectivity- Issues faced by Banks/ Bank Mitras.

The issue of low connectivity in some of the areas as reported by LDMs/Banks was taken up by Convener Bank in the weekly meetings with DOT and TSPs of Punjab LSA under the Chairmanship of Director-II TERM Punjab. The minutes of the


meeting held on 24.12.2014 and the latest position is enclosed as per Annexure 4. {Page No.71}

During the deliberations in the State Level Implementation Committee Meeting of Prime Minister Jan Dhan Yojana held on 29.01.2015, the house was informed about the weekly meetings being held with Convener Bank and TSPs of Punjab LSA and all the member banks were requested to inform the convener bank of connectivity problems being faced immediately for resolving the same.

Member banks are again requested to inform the convener bank of connectivity problems being faced immediately for resolving the same.

Item No. 2(v) Pradhan Mantri Jan-Dhan Yojana- Media Campaign.

The 2nd phase of the Media Campaign of the Pradhan Mantri Jan Dhan Yojana is now underway and the Indian Banks’ Association has been made the Nodal Agency for the Campaign. Financial Literacy Films: For the Ground level success of the project, you will agree, that a lot of financial education will be required. With this in view, IBA has uploaded, 3 films on financial Literacy on the IBA Website www.iba.org.in. We request all the banks to run these films in all the FLCCs, RUDSETTIs, Camps and Training Institutes for creating awareness and spreading financial literacy. Banks may also arrange to run visuals or animated films, if any, prepared by them.

IBA/SLBC has also given a link on their website from where banks can down load the PMJDY Logo, Anthem, TVC, Radio Agenda papers of 131thMeeting of SLBC-Punjab

http://www.iba.org.in/

Jingle, Internet Video, Caller tune and other event collaterals for their use at the Camps and other places.

Wall painting:

IBA has decided to cover 1, 50,000 walls, each of 24 Sq.Ft, across 21 states through Wall Painting. Punjab State has been allocated a target of 3000 Wall Paintings in all the districts of the State.

In this context LDMs were requested to:

Identify the strategic walls that need to be covered under this allocation.

To monitor the work being carried out by the agency to ensure the given number of walls is covered.

The target for each district was given by the convener bank, 2120 walls in the 7 districts got painted up to 14.01.2015. The position of targets given and painting done is as per Annexure- 5. {Page No.72}

House may deliberate.

During the deliberations in the State Level Implementation Committee meeting of Prime Minister Jan Dhan Yojana held on 29.01.2015, the representative of NABARD informed that NABARD is going to issue advertisement on Financial Inclusion on 160 buses operating in rural routes in the State. He desired that member banks who wish to add anything on Financial Literacy/PMJDY may send their suggestion to their office through SLBC immediately. The representative of NABARD requested that message regarding activation of Rupay cards be also included in the wall paintings. It was resolved that Convener Bank should write to IBA for inclusion of the same.


This is for information of the house.

Item No. 3

Status report of issues flagged in the 130th

meeting of SLBC held on 13.11.2014 Issues raised & latest Status

Item No. 4

Roadmap-Provision of banking Services in Villages having Population below 2000

Total 10132 unbanked villages in the above population segment have been allocated to various banks in the state. A monitoring and review mechanism has been instituted by DCCs to periodically assess and evaluate the progress made in allotment of villages and achieving the target indicated in the roadmap including the quality of services provided by the banking outlets. Banks in the State of Punjab have covered 8609 villages up to 31.12.2014. The progress is as per Annexure-6 & 6(a). {Page No.73-74}


Item No. 5 Direct Benefit Transfer (DBT)

During the deliberations in the 4th Steering Committee meeting to SLBC held on 29.01.2015,Madam Keshni Anand Arora, Dy.Director General, UIDAI, Government of India apprised the house that all the schemes of Government should be implemented in State through Aadhaar seeding. Member banks were requested to advise the branches under their control for seeding of Aadhaar number for implementation of other schemes of Govt. of India.


Controlling Heads of all the banks are requested to advise branches under their control for seeding of Aadhaar number for implementation of these schemes of Govt. of India.

Item No. 5(i) Modified Direct Benefit Transfer for LPG Consumers (MDBTL)-Seeding of Aadhaar.

Department of Financial Services, Ministry of Finance, Govt. of India, vide their letter dated 29.10.2014 has informed re-launch of MDBTL in 54 districts from 15.11.2014 and in the entire country from 01.01.2015.

Banks are requested to consider the following alternate modes for seeding of Aadhaar number in bank accounts for the smooth re-launch of the modified DBTL:

i. Use call centres to advise, through pre-recorded messages, customers to get the Aadhaar number seeded in bank accounts.

ii. Since a large number of customers have their mobile phones registered with banks or are registered for internet banking facilities, develop applications for collection of Aadhaar from such customers through SMS or electronic methods. Bulk SMS or e-mails can also be sent to such customers advising them to get their Aadhaar seeded into bank account.

iii. Enable large ATM network of banks to advise customers to seed Aadhaar and to make request for seeding of Aadhaar number which will be reliable as the customer would have authenticated his request using ATM card and PIN.

iv. Develop IVRS application which can be used by the customers to send request for seeding of Aadhaar into the bank accounts.


Banks can also use Remote Aadhaar Seeding Framework (RASF), developed by UIDAI (https://rasf.uidai.gov.in) to access and verify the Aadhaar details online and seed Aadhaar into bank account details.

Dy. Director General, UIDAI vide their email dated 06.01.2015 has informed that District wise pending cases of Aadhaar seeding have already been forwarded to individual LDM and are still pending for seeding in Bank Accounts of beneficiaries. Gap between LPG Aadhaar seeding and Bank Aadhaar Seeding is to be bridged. Aadhaar seeding is to be further expedited using various means like IVRS, SMS, Web services etc explained above.

Member Banks are requested to consider these alternate mode for seeding of Aadhaar number in bank accounts and advise branches under their control for seeding of Aadhaar number on priority for implementation of schemes of Govt. of India.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 29.01.2015, Madam Keshni Anand Arora, Dy. Director General UIADI, Govt. of India reviewed the bank wise position of seeding of Aadhaar and advised the banks having low seeding for gearing up and advise the field functionaries for seeding of Aadhaar. She further desired that senior executive from banks should monitor the same. She was requested by the house to take up with Joint Secretary, MORD for placing the data of MGNREGA workers on district-wise/bank-wise/ village-wise format for effective monitoring.

Member Banks are requested to ensure that a senior executive of the banks should monitor the progress of seeding of Aadhaar and field functionaries be geared up for maximizing seeding of Aahaar.

Item No. 6

Installation of Onsite ATMs in all Branches of PSBs/ RRBs and issuance of Debit Cards to all account holders for Direct Benefits Transfer


https://rasf.uidai.gov.in/

In view of the roll out of the Direct Benefit Transfer PAN India by the Ministry of Finance, installation of ATMs in the all the districts of State be taken on priority. Banks operating in the identified districts were requested to install onsite ATMs.The District wise/ Bank wise position in the State is enclosed as per Annexure 7. {Page No.75-76}

The Controlling Heads of the Banks are requested to ensure installation of ATMs as per instructions of Ministry of Finance.

Item No. 7

INSTALLATION AND MANAGED SERVICES OF CASH DISPENSERS (CDs) – CONVEYING DETAILS TO SLBC CONVENERS AND STATE LEVEL HEADS.

Department of Financial Services, Ministry of Finance, Government of India vide its letter dated 04.08.2012 addressed to CMDs of all the Public Sector Banks has advised for outsourcing of installation & managed services of Cash Dispensers on geographical cluster basis. In the cluster comprising State of Punjab & J&K, Union Bank of India has been advised for installation and managing services of Cash Dispenser through M/S FIS Payment Solution and Services India Pvt. Ltd.Union Bank of India, Nodal bank for installations of CDs has informed that the said project has been closed by Ministry of Finance.


Item No. 8 Unique Identification Authority of India - Prime Minister Jan Dhan Yojana


For successful implementation of Prime Minister Jan Dhan Yojana in the State of Punjab, Unique Identification Authority of India (UIDAI) has desired that following steps should be taken:

1. Mapping of PEC with bank branches2. Display of address of mapped PEC in bank branch3. Coordination with District Administration for deployment

of Suvidha Centre Kits during PMJDY camps.4. One week advance intimation to Nodal Officer State

Registrar Punjab and RO regarding venue of camps so as to arrange enrolment kits through EAs.

5. Status of house hold survey:

a) List of villages with number of persons yet to be enrolled.

b) List of EIDs if collected. Controlling Heads of all the banks are requested to advise branches under their control for seeding of Aadhaar number for implementation of other schemes of Govt. of India.

Item No. 9 Progress Report of Financial Literacy Centres (FLCs)

The consolidated performance of the FLCs up to Dec-2014 is as per Annexure-8 & Annexure 8(a). {Page No.77-80}

Observations

During quarter ended Dec.-2014, 791 Financial Literacy Camps have been organized in which 42578 persons participated.

Out of 42578 persons participated in the camps, 25420 persons have already bank accounts and 12464 persons opened the accounts after attending the camp.


During the quarter ended Dec. 2014, 3072 Financial Literacy Camps have been organized by rural branches in the State of Punjab in which 91395 persons participated.

Out of 91395 persons participated in the camps, 63512 persons have already bank accounts and 20033 persons opened the accounts after attending the camp.

The House may review the performance of FLCs.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 29.01.2015, the progress upto the quarter ending Dec-2014 was reviewed and found to be satisfactory. Shri Pasricha, GM, NABARD informed the house that NABARD is providing 60% grant on camps organized by banks. He requested the banks to send the proposals and ensure to send the performa to the convener bank for uploading the same on the web site of SLBC.Member Banks are requested to send the proposals to NABARD for holding of FLC camps in the rural Branches.

Item No. 9(i) Opening of Financial Literacy Centres (FLCs) at block level.

The third important pillar focuses on preparing the people for financial planning and availing credit. Ministry of Finance has observed from the experience of micro finance firms as well as Self Help Groups that before availing credit, people need to be made aware of the advantages of access to formal financial system, savings, credit, importance of timely repayments and building up a good credit history. Financial Literacy Centres have so far been set up at Urban/Semi-urban areas. The present plan of Ministry of Finance is to expand the FLCCs to the block level. Convener bank has already allocated targets for opening of FLCs at block level and all the banks were advised to ensure Agenda papers of 131thMeeting of SLBC-Punjab

opening of FLCs at Block level by March-2015. The following targets were proposed for opening of FLCs at Block Level:-

30% of targets up to September 2014, 70% of targets up to December, 2014 and remaining 30% to be covered by March-2015.

Bank wise allocation for opening of FLC at Block level & position of opening of FLCs is given as per Annexure-8(b). {Page No.81}

House may deliberate.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 29.01.2015, the position of opening of FLCs at block level was reviewed and member banks were advised to ensure opening of FLC at Block level as per the targets given to them latest by March 2015. The representative of NABARD informed the house that they have sanctioned 59 FLCs to be opened at Block level to RRBs and Cooperative banks out of which 42 has been launched. NABARD has provided the list of FLCs sanctioned at the block level, same is enclosed as per Annexure-8(c). {Page No.82-84}

Item No. 10 Setting up of Rural Self Employment Training Institutes (RSETIs)

19 RSETIs are operating in the State of Punjab which includes RSETIs at Dhudi Ke (District Moga) sponsored by PNB and Tappa Mandi in Barnala District sponsored by Canara Bank. Allotment of land is pending at Gurdaspur, Hoshiarpur, SBS Nagar, Tarn Taran, & Pathankot and possession of land is not taken in Jalandhar, Fazilka, districts. RSETIs are not operating at Fazilka, Pathankot, Tarn Taran, Gurdaspur & SBS Nagar.


The representative of Department of Rural Development may apprise the house of the latest developments in the matter of allocation of land in the remaining Districts.

Controlling heads of Banks having Lead bank responsibilities to apprise house of the reasons for not taking possession of land and date by which the task will be accomplished by them.(Performance of the RSETIs functioning in the State up to Dec-2014 & status of land allotment is given on Annexure-9 & Annexure 9-a.) {Page No.85-87}

From the data on progress of RSETIs up to Dec-2014, it has been observed that:-

1318 training programmes of skill development were organized wherein 35421 trainees participated.

5166 trainees were financed by the banks to start their Enterprises and 12059 trainees set up their enterprises through owned funds.

Out of total 35421 trainees, 23138 were from SC/ST category, 4498 from OBC, 13131 from minority and 6877were from other categories.

26434 Women and 162 Handicapped persons were also provided training for self-employment.

The representative of Department of Rural Development is further requested that:

1. Expediting the process of approval of RSETI Building plans by the DTPs as the construction work of RSETI is getting delayed.

2. State Govt. to ensure release of funds for reimbursement of training expenses for BPL families in time bound manner.


3. State Govt. to organize appreciation workshop of RSETI Directors and APOs of DRDAs for two days at the State HQ.

The House may discuss.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 29.01.2015, the performance of RSETI was reviewed and found to be satisfactory. In the meeting Shri KC Sharma & H S Sahal SPC participated and following issues were discussed:

1. Allotment of land for working RSETIs atTapa Mandi, Dhudike, Jalandhar, Hoshiarpur, and in other districts , namely, Taran Taran, Gurdaspur,Pathankot, Fazilka, SAS Nagar.

The representative from Rural Deptt apprised that the issue is being taken up on priority basis. The Convener , SLBC requested to expedite the process.

2. Non receipt of grant from NIRD, Hydrabad for RSETIs namely Mansa, Fatehgarh Sahib, Ropar.MC, NAR is requested to pursue the matter with MORD/NIRD

3. Shared concern about the low performance of RSETIs as at December, 2014 under AAP 2014.

4. The sponsored banks were requested to strength their RSETIs and provide requisite staff and training equipments by strengthening the Workshops.

5. The credit linkage is just 14%. Bankers were requested to sensitise the BMs during their meetings for boosting credit linkage of RSETI candidates which is a crucial factor for settlement of candidates and grading of RSETIs.


6. House requested the representative from SRLM, Punjab to clear the pending claims of RSETIs.

7. Keeping in view the scattered locations of PMEGP trainees, sanction of loans by banks on different dates, non-availability of residential facilities, the KVIC representative requested to advise the RSETIs to organise the off campus training programmes even for smaller batch size of 10-15 candidates.It was also suggested that the trainees of the adjoining districts may be allowed to participate in RSETIs programme.

8. GM, NABARD, Chandigarh apprised the House that RSETIs should seek financial assistance for SHGs training.

9. Other aspects:

SPC, Punjab suggested for converting Financial Literacy and Credit Counselling Centres into Composite Literacy Centres where the literacy should be provided wrt health and legal aspects as well for bringing about massive awareness for all round benefit to the society at large . The House appreciated the suggestion and accepted for further carrying forward for consideration of the concerned Departments.


Item No. 11

Electronic Benefit Transfer (EBT) for Government Schemes


The State government has adopted “One District One Leader Bank Many Bank Model” for implementation of EBT in the State of Punjab.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 29.01.2015, GM, Punjab & Sind Bank informed the house that they are facing problem at Fatehgarh Sahib, where the Lead District Manager is of SBOP and banks are not cooperating for opening of accounts of beneficiaries of EBT. It was resolved that Convener Bank should advise the LDM Fatehgarh Sahib to cooperate with the Nodal Officer of Punjab & Sind Bank and issue instructions to DCO for cooperation and implementation of EBT in the district. The representative of SBOP was also requested to instruct LDM Fatehgarh Sahib & at Sangrur and Barnala for full cooperation in the matter for effective implementation of EBT in the District. Convener Bank has already advised the LDMs vide its e-mail dated 30.01.2015 for providing full cooperation to the Nodal Officers in their district for providing full support for implementation of EBT in the respective district.

Member banks were also informed that EBT accounts are to be opened of all the beneficiaries and Aadhaar must be seeded in every account and exercise for opening of accounts must be completed latest by 15.02.2015.


Item No. 12 Reimbursement of Excess pension paid to the dependents of deceased pensioners - Pending issue of Sub-Committee meeting.

During the deliberation in the Sub-Committee meeting of SLBC held on 11.11.2014 it was decided that the matter on account Agenda papers of 131thMeeting of SLBC-Punjab

of DA paid by banks to family pensioners (whose ward got employment on compassionate ground) and the same has been deducted by treasury office out of subsequent reimbursement claims lodged by the banks. It has been decided to refer the matter to Finance Department Govt. of Punjab for settling the issue.

Convener Bank vide its letter dated 25.11.2014 has taken up the matter with The Director, Department of Institutional Finance & Banking for taking up the matter with Finance Department for settling the issue.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 29.01.2015, the representative of Institution Finance & Banking informed the house that the issue of Reimbursement of Excess pension paid to the dependents of deceased pensioners is pending with the Finance Department. Convener bank requested for taking up the matter for resolving the issue expeditiously.

The representative of DIF&B is requested to apprise the house latest position in the matter please.

Item No. 13 Loans against collateral of Food grains- Obtaining of NOC from State Procurement Agency.

Convener Bank has received a representation from MARKFED vide which they have desired to instruct the member banks for obtaining of NOC from procurement agencies while making advance against collateral of Food grains.

The issue was discussed in the 4th Steering Committee meeting to SLBC held on 29.01.2015 and the house was apprised of the deliberation of the above issue in the 127th meeting of SLBC Agenda papers of 131thMeeting of SLBC-Punjab

wherein it was decided that while financing to Shellers/Millers, only stocks belonging to the Millers be hypothecated. Banks should obtain Stock figures of Paddy held for milling from the concerned District Food & Supply Controller of Punjab alongwith NOC from the Department of Food & Civil Supplies while making advance to Rice Shellers. Member Banks were advised to ensure meticulous compliance of the decision taken in the meeting.

The representative of MARKFED, informed the house that many banks are not taking NOC from the concerned agency as they have come across two frauds wherein unscrupulous borrowers have been able to get finance against that stocks belonging to State Procurement Agencies.

It was resolved that banks will reiterate the instructions of obtaining the NOC from the District Food & Supply controller of the district and Convener Bank will make a reference to the Department of Food & Civil Supplies for issue instructions to the DFSCs of all the districts for issuing of NOC immediately.


Item No. 14 Measures to to computerized Land Records by State Government.


The project launched by Revenue Department of State Government for computerization of land records, envisages for opening of Fard Kendra at each Tehsil and Sub-Tehsil level. Revenue Record like Jamabandi, Mutations, Rapats Roznamchas etc. of all the villages of that Tehsil/Sub Tehsil will be fed into the computer. As of now, 161 out of 167 Fard Kendras have been operationalized and record of about 12,285 villages has been computerized. Copy of Record of Rights is being issued from the operationalized Fard Kendras on the spot.

Further the Department has planned to put the land records on internet so that people are able to view their Jamabandis etc. sitting at home only. The data of live Fard Kendras of all the Districts has been put on the web. A provision has been made to point out the errors in the Land Records through web.

The issue raised in the 129th meeting of SLBC & subsequently taken up in the 130th meeting as well as vide Convener bank letter dated 10.12.2014 for issuing notification for authenticity of land record taken online, by which any record taken online will be legally enforceable, is still pending with the State Government.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 29.01.2015, the representative of the Revenue Deparment, informed the house that the remaining 6 Fard Kendras will be put on line soon. However notification regarding authenticity of land record taken online to be legally enforceable is under consideration of the Govt.

The representative of Revenue Deptt/ DIF&B is requested to apprise the house the progress in the matter.


Item No.15 Progress under Debt Swap Scheme.

At least 3% of disbursement of agriculture credit during the year is to be earmarked for giving loans under “Debt Swap Scheme”.

The progress achieved up to Dec-2014 is as follows:-

(Amount ` in Lakh)

Target for Debt Swap (on the basis of 3% of Agriculture)

Achievement Under

Debt Swap 2014-15

up to Dec. 2014

%ageAchieveme

nt

Public Sector Banks 987.25 147.69 15Pvt.Sector Banks 152.94 11.34 7RRBs 109.93 31.71 29Coop. Bank 517.93 7.96 2

Total 1768.05 198.70 11

(Bank wise progress is as per Annexure-10) {Page No.88}

The Controlling Heads of Banks are requested to advise their field functionaries to lend liberally under the scheme to enable the farmers to come out of clutches of money lenders.

The House may deliberate.

Item No. 16 Review of Performance of Banks (excluding Coop. Banks) in key areas relating to Deposits, Advances & Priority Sector


Advances.

(Amount ` in crore)Parameter As At Variation

Dec.2012

Dec.2013

Dec.2014

Dec. 2013/Dec. 2012

Dec. 2014/Dec. 2013

Absolute %age Absolute %ageBranches 4451 5119 5623 668 15.00 504 9.84Agg. Dep. 194784 222081 254180 27297 14.01 32099 14.45Advances 155916 177911 195014 21995 14.10 17103 9.61PS Adv. 77110 90794 102996 13694 17.74 12202 13.43Agri. Adv. 38254 43235 49303 4981 13.02 6068 14.03Adv. to MSE 31907 38655 45271 6748 21.14 6616 17.11Weaker Sector Adv.

24131 28554 33276 4423 18.32 4722 16.53

DRI Adv. 18.88 21.77 23.54 2.89 15.30 1.77 8.13(Bank-wise position as at Dec.2014 is given in Annexure-11 & 11(i-iii) {Page

No.89-92}

Item No. 16.(i)

Branch Expansion

504 new branches of Commercial Banks were opened in the State during the period from 1st January 2014 to 31st December 2014, thus raising the network of branches from 5119 as at 1st

January 2014 to 5623 as at 31st December 2014. Area wise analysis is summarized below:-

Number of Branches

As At VariationDec.2012

Dec.2013

Dec.2014

Dec. 2013/Dec. 2012

Dec. 2014/Dec. 2013

Absolute AbsoluteRural 1695 2124 2400 429 276Semi Urban

1398 1586 1718 188 132

Urban 1358 1409 1505 51 96Total 4451 5119 5623 668 521

Observations


During the review period, increase in number of branches in rural areas of Punjab was of the order of 276.

This is followed by Semi-urban areas, which registered an increase of branches to the tune of 132.

Whereas the increase of branch network in urban areas was 96.

This is for information of the House.

Item No. 16.(ii) Deposit Growth.

The aggregate deposits of the Banks in Punjab increased by ` 32099 crore, from ` 222081 crore as at December 2013 to ` 254180 crore as at December 2014, thus posting a growth of 14.45% as against an increase of 14.01% during the corresponding period last year.

(Amount `. in Crore)

AggregateDeposits


Dec.2013

Dec.2014

Dec.2013 / Dec.2012

Dec.2014 / Dec.2013

Absolute %age Absolute %age

Rural 44595 49242 58537 4647 10.42 9295 18.87Semi Urban

65984 81993 89297 16009 24.26 7304 8.90

Urban 84205 90846 106346 6641 7.88 15500 17.06Total 194784 222081 254180 27297 14.01 32099 14.4

5

Observations

During the review period, the deposits in urban areas have increased by 17.06% in semi urban area have gone up by 8.90% and in rural areas the deposit growth is 18.87%.


This is for information of the House.Item No. 16(iii)

Credit Expansion

Gross credit in the State increased by ` 17103 crore, from ` 177911 crore as at December 2013 to ` 195014 crore as at December 2014, thus exhibiting a growth of 9.61 % as against 14.10% during the same period last year.

Area wise analysis is summarized below:- (Amount `. in Crore)

Total Advances


Dec.2012

Dec.2014

Dec. 2013 / Dec. 2012

Dec. 2014 / Dec. 2013

Absolute

%age Absolute

%age

Rural 27166 32834 36222 5669 20.66 3388 10.31Semi Urban 44400 52579 57577 8179 18.42 4998 9.50Urban 84350 92498 101215 8148 9.65 8717 9.42Total 15591

617791

119501

421996 14.10 17103 9.61

Observations

During the review period, the growth in outstanding advances in urban areas was 9.42% whereas in semi urban & rural areas it was 9.50% & 10.31% respectively.


Item No.16.(iv)

Credit Deposit Ratio – Implementation of the Recommendations of Expert Group on CD Ratio

As per the recommendations of an Expert Group constituted by GOI under the Chairmanship of Shri Y.S.P. Thorat, a Special Sub-Committee (SSC) of District Level Consultative Committee (DLCC) was to be constituted in districts with CD Ratio of less Agenda papers of 131thMeeting of SLBC-Punjab

than 40%, for drawing up “Monitorable Action Plans” (MAPs) to increase the CD Ratio on a self set graduated basis. Concerned LDM of the district is the convener of SSC with DCO, DDM, NABARD, LDO, RBI and District Planning Officer as its members.

CD Ratio of 4 districts i.e. Hoshiarpur, Jalandhar, Kapurthala and Nawanshahr as at September 2005 was below 40% and Special Sub Committees (SSCs) of District Level Consultative Committee (DLCC) were constituted in these districts. The details of Monitorable Action Plans of these SSCs are as under:-

District Date of Meeting Monitorable Action Plan

Jalandhar 10.01.2006 25% by 31.03.2006 40% by 31.03.2010 60% by 31.03.2015

Kapurthala 10.01.2006 23% by 31.03.2006 40% by 31.03.2010 60% by 31.03.2015

Nawanshahar 10.01.2006 18% by 31.03.2006 35% by 31.03.2009 60% by 31.03.2015

Hoshiarpur 11.01.2006 28% by 31.03.2006 40% by 31.03.2009 60% by 31.03.2012

The comparative position of Monitorable Action Plan and CD Ratio (net of NRI deposits) as at December 13 & December 14 of these four districts is given below:-

District CD Ratio (%) as at March 09/March 10

as per MAP

CD Ratio %

(including NRI

Deposits) as at

Dec. 13

CD Ratio %

(including NRI

Deposits) as at Dec.14

GrowthDec14/Dec13(PPs)

CD Ratio %(Net of

NRI Deposi

ts)as at

Dec 13

CD Ratio %

(Net of NRI

Deposits)

as at Dec 14

GrowthDec14/Dec 13(PPs)

Jalandhar 60 (Mar.15)

31.49 31.00 -0.49 39.68 40.00 0.32

Kapurthala 60 (Mar.15)

37.29 34.95 -2.34 47.49 42.82 -4.67

Nawanshahr

60 (Mar.15)

25.59 35.82 10.23 33.78 45.97 12.19

Hoshiarpur 60 (Mar.15)

29.67 30.11 0.44 54.10 54.84 0.74


Observations:-

The CD Ratio (including NRI deposits) has increased in district Nawanshahar & Hoshiarpur and the same has decreased in other Kapurthala & Jalandhar districts. The CD ratio net of NRI deposits increased in Districts Jalandhar, Nawanshahar & Hoshiarpur & whereas the same has declined in District Kapurthala.

The concerned LDMs are requested to continue to review the CD Ratio in the meetings of Special Sub Committee of DCC so as to reach the next target of CD ratio as envisaged under Monitorable Action Plan.

The House may review the CD Ratio vis-a-vis MAP to improve CD Ratio of these identified districts.

Item No. 16 (v) Overall CD Ratio

While calculating the overall CD ratio, all the member banks are requested to adhere to the instructions of Reserve Bank of India contained in their circular No. RPCDLDS.BC No.47/02.13.03/2005-06 dated 09.11.2005 which inter alia states that the CD ratio to be calculated with credit at the place of utilization.

The comparative position of overall CD Ratio of Commercial Banks is as below:-

Period CD Ratio % VariationDecember 2012 80.05December 2013 81.19 1.14December 2014 77.81 -3.38

(Bank wise CD Ratio as at Dec. 14 is as per Annexure-12) (District wise CD Ratio as at Dec. 14 is as per Annexure-12(i)

{Page No.93-94}


Observations During the period under review overall CD Ratio of Commercial Banks for the State of Punjab witnessed decrease of 3.38 PPs from 81.19% as at December-2013 to 77.81% as at December-2014.

The House may review the overall CD Ratio.

Item No. 16-v(i) CD Ratio - Rural Areas

The comparative position of CD Ratio of rural areas in Punjab is as follows:-

(Amount `. in crore)Period Rural Variation

PPsDeposit Advances CD Ratio %Dec. 2012 44594 27166 60.91Dec. 2013 49242 32834 66.67 5.76Dec. 2014 65267 43729 67.00 0.33

Observations

During the review period, the CD Ratio of Rural areas has increased by 0.33 PPs from 66.67% as at December -13 to 67.00% as at December -14.


Item No. 16-v (ii) CD Ratio - Semi Urban Areas

The comparative position of CD Ratio of Semi Urban areas in Punjab is as follows:-


(Amount `. in crore)Period Semi Urban Variation

PPsDeposit Advances CD Ratio %Dec.2012 64984 44400 68.32Dec. 2013 81993 52579 64.12 -4.20Dec.2014 93154 61196 65.69 1.57

Observations During the review period, the CD Ratio of Semi Urban areas has increased by 1.57 PPs from 64.12% as at December 2013 to 65.69% as at December 2014.


Item No.16-v (iii) CD Ratio - Urban Areas

The comparative position of CD Ratio of urban areas in Punjab is as follows:-

(Amount ` in crore)Period Urban Variation

PPsDeposit Advances CD Ratio%Dec. 2012 84205 76062 109.13Dec. 2013 90846 84350 100.17 -8.96Dec. 2014 108041 102398 94.77 -5.40

Observations:

During the review period, the CD Ratio of Urban areas has decreased by -5.40 PPs from 100.17% as at December 2013 to 94.77% as at December 2014.


Item No. 16-v CD Ratio on the basis of credit as per


(iv) utilization and Resource support under Rural Infrastructure Development Fund of NABARD

NABARD has provided resource support of `1947.74 crore up to December-2014 to Punjab Government under RIDF for development of infrastructure. When this amount of RIDF is added to the credit provided by banks and the CD Ratio is calculated on the basis of Credit Utilization (Cu) + RIDF, the same works out to 79.07%.

Item No. 16-v (v)

Credit plus Investment to Deposit Ratio

When investment of ` 2469.78 crores made by banks in State Government Bonds is added to credit provided by banking system in the state, the flow of credit has gone up to ` 197483.78 crores. “Credit plus Investment to Deposit Ratio” is as follows:-

(Amount ` in crore)Deposits Advances plus investments in State

Government Bonds(C+I)/D Ratio

254180 197483.78 77.69(Detail of investment in securities & Bonds as per Annexure-13) {Page No.95}

Item No. 16-v (vi) CD Ratio of Financial System

The CD Ratio of Financial System after inclusion of Deposits & Advances of the Cooperative Banks, Punjab Agriculture Land Development Banks and Financial Institutions comes to 79.23% as per detail given as under:-

(Amount ` in crore)S.No. Particulars Deposits Advances CD


Ratio 1 Commercial Banks/RRBs. 254180 195014 76.722 Including Cooperative Banks 264663 207324 78.333 Including Punjab Agri. Dev.

Banks* 264663 209448 79.13

4 Including Financial Institutions**

264663 209716 79.23

*Advances PADB (`2124.35) **Financial Institutions PFC (`107.65crore), PSIDC(`160.00 Crore).CD Ratio of Financial System as at December-2014 is 79.23%.


Item No. 16 (vi) Priority Sector Advances

During the period under review, Priority Sector Advances in Punjab grew by ` 12202 crore, from ` 90794 crore as at December 2013 to ` 102996 crore as at December 2014 thus showing a growth of 13.43% as against an increase of ` 13694 crore or 17.74% during the corresponding period previous year.

The share of incremental PS advances to incremental advances during the period under review is 71%.

Item No. 16 (vii) Agriculture Advances

The Agriculture Advances in the State during the period under review witnessed an increase of `. 6068 crore, from ` 43235 crore as at December 2013 to ` 49303 crore as at December 2014 thus showing a growth of 14.03 % as against an increase of `4981 crore or 13.02% during the same period last year.

The share of incremental agriculture advances to incremental advances during the period under review is 35%.


Item No. 16 (viii)

Advances to Micro & Small Enterprises (MSEs)

The advances to Micro & Small Enterprises during the period under review registered an increase of `. 6616 crore, from ` 38655 crore as at December 2013 to ` 45271 crore as at December 2014 thus showing a growth of 17.11% as against an increase of ` 6939 crore or 21.14% during the corresponding period previous year.

Item No.16 (ix) Advances to Weaker Sector

During the period under review, the advances to Weaker Sector increased by ` 4722 crore, from ` 28554 crore as at December 2013 to ` 33276 crore as at December 2014, thus registering a growth of 16.53% as against an increase of ` 4423 crore or 18.32% during the same period last year.

Item No. 16 (x)

DRI Advances

As per extant guidelines 10 loans per rural branch per quarter are to be made by all Scheduled Commercial Banks.

The progress achieved in DRI Advances up to December-2014 is as follows:-

(Amount ` in Thousands) Institution Targets Achievement %age


(Accounts) Achievement

Accounts Amount

Public Sector Banks

48420 4238 35715 8.75

Private Sector Banks

14070 139 22 0.98

Total 62490 4377 35737 7 (Bank-wise performance is as per Annexure-14). {Page No.96}

The controlling heads of banks are requested to initiate suitable steps for improving the progress and achieving the targets for number of loans under DRI scheme.

Item No. 17 Review of National Goals

As per guidelines of RBI, banks are required to achieve National Goals on Adjusted Net Bank Credit (ANBC) as at the end of previous year instead of NBC and for calculation of ANBC the outstanding FCNR (B) and NRNR deposit balance will no longer be deducted for computation of ANBC, which now will be Bank Credit plus investments made in non_SLR bonds under HTM category. It may be difficult for banks to arrive at such figures at State level and as such the review of National Goal is made on the basis of Net Bank Credit as at the end of previous year, which means gross credit minus inter bank credit.

The comparative position relating to achievement of National Goals in the State is given below:-

Sr. No

Particulars Goal %

%age Position as on


Dec.2012

Dec.2013

Dec.2014

a) Priority Sector Adv. to Net Bank Credit

40 59 53 57

b) Agriculture Adv. to Net Bank Credit

18 30 25 29

Out of abovei) Direct Agri. Adv. to Net Bank Credit

13.524 20 25

ii) Indirect Agri. Adv. to Net Bank Credit

4.5 6 5 4

c) Weaker Sector Adv. to Net Bank Credit

10 16 17 19

e) CD Ratio (Rural & Semi Urban) 60 65.31

65.08

66.23

f) Women Beneficiaries Advances to NBC

5 6.10 6.76 6.40

(Bank-wise performance under National Goal is as per Annexure 15 & Annexure 15(i) {Page No.97-98}

Observations:

The ratio of Priority Sector Advances to Net Bank Credit as at December-14 stands at 57% as against National Goal of 40%.

The share of Agriculture Advances to Net Bank Credit, as at December -14 is 29% against the National Goal of 18%.

The share of Direct Agriculture Advances to Net Bank Credit is 25% against National Goal of 13.5% and share of Indirect Agriculture Advances is 4% against National Goal of 4.5%.

The advances to Weaker Sector are 19% of Net Bank Credit, as against National Goal of 10%.

The CD Ratio of Rural & Semi Urban area is 66.23% against the national goal of 60%.

The advances to Women Beneficiaries constitute 6.40 % of Net Bank Credit, against the National Goal of 5%.

The House may review.


Item No. 18 Education Loan achievements.

The performance of Scheduled Commercial Banks as on 31.12.2014 for the financial year 2014-2015 is as under:-

(Amount `. in Crore)

Year Accounts Balance O/S

IncreaseAbsolute %age

Dec. 2012 36051 1103.65 14.59Dec. 2013 35470 1065.06 -38.59 -3.49%Dec. 2014 36699 1231.00 165.94 15.58

(Bank-wise position as at Dec 2014 is as per Annexure-16) {Page No.99}

Member Banks are requested to give more thrust for making advance under this segment.

Item No. 18 (i)

Progress of Education loans to Women Students.

(Amount `. in Crore)Total Amt advanced during the quarter

Out of which advances made

to women student during

the quarter

% of advances made to women

student

No. of account

Amount No. of account

Amount

No. of accoun

t

Amount

1785 101.48 692 34.81 38.76 34.30(Bank-wise position as at Dec-2014 is as per Annexure-16) {Page No.99}

During the quarter ended Dec-2014, the banks in the State of Punjab have made 1785 education loans amounting to ` 101.48 crores, out of which 692 loans amounting to ` 34.81 crores have been made to female students. The percentage of loans advanced to women comes to 38.76% & 34.30% respectively for number of accounts and amount advanced.


This is for the information of the House.Item No. 18 (ii) Collateral Free Education Loans &

Position of NPA.

As per RBI guidelines the banks are required to grant collateral free education loan upto 4 lacs. Implementation of the guidelines of RBI is emphasized in each meeting of SLBC. The relevant data in this regard for quarter ended December-2014 is placed below:-

(Amt . in ` Crore)Number of Education Loan accounts outstanding

Amount of Education Loan outstanding

Out of 2, NPA outstanding

%age of NPA under Education Loan

Out of 2, education loan granted collateral free

Out of 5, NPA out of collateral free loans

%age of NPA in collateral free accounts

1 2 3 4 5 6 7

36699 1231.00 37.28 3.03 477.76 24.10 5.04

(Bank wise detail as per Annexure-16(i) {Page No.100}


Item No. 19 Advances to Minority Communities.

The comparative position is given below:-(Amount `.in Crore)

MinorityCommunity

December 12 December 13 %ageGrowth

December 14 %ageGrowth(in amt.)

A/Cs Amt. O/S

A/Cs Amt. O/S

A/Cs Amt. O/S

Muslims 14019

273.23 13113 319.41 16.90 12443

286.21 -10.66

Christians 8824

140.49 7820 148.79 5.90 8321 173.19 14.87

Budhists 503 3.47 224 14.87 328 201 10.37 -30.26Zoroastrians

179 6.72 106 2.56 -61.90 128 2.94 14.84

Jains 2200 434.82Total 2352 423.92 21263 485.63 14.55 2329 907.53 86.97


5 3(Bank-wise position as at Dec 2014 is as per Annexure-17) {Page No.101}

The overall advances to minority communities have registered an increase of ` 421.90 crore, from `485.63 crore as at December -2013 to `907.53 crore as at December -2014, thus showing a growth of 86.97%.The increase in minority community is on account of inclusion of Jains in the minority community.

During the quarter ended December -2014, banks disbursed advances to the tune of `60.50 crore to borrowers belonging to minority communities. The bank-wise position is given as per Annexure-17(i). {Page No.102}


Item No. 19(i) Advances to Women Beneficiaries

The comparative position is given below:- (Amount `. in Crore)

Year Accounts Amt. O/S Increase %age to Net Bank Credit

Absolute

%age

Dec. 12 279039 8669.01 636.49 7.92Dec. 13 307530 11586.24 2917.23 33.65 6.51%Dec. 14 340057 12148.23 561.99 4.85 6.22%

(Bank-wise position as at Dec 2014 is as per Annexure-18) {Page No.103}

The overall advances to women beneficiaries witnessed an decrease of ` 561.99 crore from ` 11586.24 crore as at Dec-2013 to ` 12148.23 crore as at Dec- 2014, thus registering a decline of 4.85 %. In the State of Punjab, the share of advances to women beneficiaries to Net Bank Credit as at Dec.-2014 stands at 6.22%, against the target of 5%.


The bank-wise position in respect of advances to women beneficiaries to total advances as at Dec-2014 is given as per Annexure-18(i-ii).{Page No.104-105}

During the quarter ended Dec -2014, banks have disbursed loans to the tune of `2192.56 crore to women beneficiaries. The bank-wise position is given at Annexure-18(iii). {Page No.106}

Item No. 19(ii)

Advances to SC Beneficiaries

(Amount ` in Crore)

Year Accounts Balance Outstanding

IncreaseAbsolut

e%age

Dec. 2012 181820 2874.53Dec. 2013 176841 3358.25 483.72 16.82Dec. 2014 178116 3417.64 59.39 1.76

[Bank-wise position as at Dec 2014 is given in Annexure-11(iii)] {Page No.92}

The overall advances to SC beneficiaries witnessed an increase of `59.39 crore during the period under review, from ` 3358.25 crore as at December 2013 to ` 3417.64 crore as at December 2014, thus showing a growth of 1.76%.

The House may review please.

REVIEW OF GOVT. SPONSORED SCHEMES & PROGRAMMES

Item No.20 Review of Govt. Sponsored Schemes & Programmes

Item No.20 (i)

National Rural Livelihood Mission (NRLM)-Implementation in the State of Punjab


It has been informed by Rural Development Department, Govt. Of Punjab, that since SGSY scheme has been merged with newly started scheme NRLM, so as per the directions of MORD no new SHG group are to be formed under SGSY scheme w.e.f 31st March 2013 and data reporting also does not get generated online. In view of the transition phase of SGSY to NRLM, no targets were given by the State Govt. The scheme is being implemented in 14 blocks of 5 districts i.e. Taran-Tarn, Ferozepur, Sangrur, Patiala, Gurdaspur on pilot basis. The performance of these 5 districts is as per Annexure-19. {Page No.107}

The representative of Department of Rural Development is requested to apprise the house the latest position.

Item No.20(ii)

Prime Minister Employment Generation Programme (PMEGP).

KVIC has informed the following progress under PMEGP for the year 2014-15 up to 31.12.2014:-

Particulars KVIC KVIB DIC TotalRural Urban

TargetNo. of Projects 760 759 503 504 2526Margin Money(Rs. in Lakh)

900.60 899.74 596.50 596.50 2993.34

Employment 6080 6071 4026 4027 20204ProgressCases disbursed 175 243 319 737Margin Money Released

515.19 671.59 916.17 2102.95

Employment 1050 1458 1914 4422

Observations: A sum of ` 2102.95 lakhs has been disbursed as margin

money in the 737 cases disbursed up to 31.12.2014 in Agenda papers of 131thMeeting of SLBC-Punjab

which 4422 unemployed youth have been provided employment.

District wise targets of KVIC/KVIB of margin money for the year 2014-15 have already been provided to the Lead District Manager.

The representative of KVIC/KVIB/DIC may inform the House latest position. During the deliberations in the 4th Steering Committee meeting to SLBC held on 29.01.2015, the resentative of industry department informed the house that many banks are not lodging claims for the disbursed cases. He requested the member banks to lodge the claim immediately.

Member banks are requested to issue instructions for lodging the claim for the disbursed cases immediately.

Item No.20 (iii) Swarn Jayanti Shahari Rozgar Yojana (SJSRY)

Government of India has restructured the SJSRY scheme to National Urban Livelihoods Mission (NULM), which is applicable to cities with population of 1 lac or more and all the District Head Quarter Towns/Cities whether its population of less than 1 Lac as per the census of 2011.In the State of Punjab only 26 town/cities will be covered. Further under NULM only the interest subsidy will be given to the beneficiaries for setting up Micro Enterprises. The interest subsidy will be given over and above the 7% interest. There is no capital subsidy for any project (Individual or Group).

Convener Bank vide e-mail dated 30.12.2014 advised all the LDMs to allocate the bank wise targets and monitor the progress in DCC/DLRC meetings. Department has informed that in Jalandhar District 52 applications under Self Employment Programme (SEP) was sent to different branches Agenda papers of 131thMeeting of SLBC-Punjab

and the same are pending for disposal. Member banks are requested to instruct the branches in Jalandhar District for disposal of the pending applications.

The representative of SUDA may apprise about the latest position in this regard.

Item No.21 Micro Financing – Self Help Groups

The summary of progress made in implementing the concept of Self Help Groups both under the Scheme of SGSY and Normal Lending up to 31.12.2014 is given below:-

SHGsAs on

31.03.2014

SHGsAs on

31.12.2014

Gap between SHG formed & credit linked as on 31.12.2014

From 01.10.2014

up to 31.12.2014

No. of SHGs forme

d

No. of SHGs credit linked

No. of SHGs formed


No. of SHGs formed


31264 21398 33070 22504 10566 1806 1106(District wise Progress is as per Annexure-20 & Annexure 20 (i), Annexure 20

(ii) {Page No.108-110}

Observations:

Up to 31.12.2014, 33070 Self Help Groups have been formed out of which 22504 Groups have been credit linked since inception of the scheme.

The gap between the SHGs formed & linked with bank credit is 10566.

During the period ended up to Dec- 2014, in all together 1806 Groups have been formed.


The pace of formation & credit linkage of SHGs needs to be accelerated.


Item No.21(i) Joint Liability Groups- Financing of Joint Farming Groups of ‘Bhoomi Heen Kissan’.

In view of the Union Budget announcements on financing five lakh joint farming groups of ‘Bhoomi Heen Kissan’ during the current year, Department of Financial Services, Ministry of Finance, Govt. of India has desired that banks wise targets on Financing of Joint Liability Groups of ‘Bhoomi Heen Kissan’ during 2014-15 be allocated. Targets for formation of JLG groups were already allocated by NABARD and conveyed to all the member banks. Position of formation of JLGs is as per Annexure-20(iii). {Page No.111}

Member banks are again requested to reiterate guidelines to branches on financing of JLG for farm sector and non farm sector activities and monitor the branch wise progress in financing of JLG on monthly basis.

Item No. 22 Annual Credit Plan 2014-15

Item No. 22(i)

Annual Credit Plan 2014-15 Achievements up to 31.12.2014

The achievement under Annual Credit Plan (2014-15) up to Dec.-2014 is given below:-

(Amount ` in crore)Sector ACP 2013-14 up to

December. 2013ACP 2014-15 up toDecember. 2014


Targets Ach. % Ach. Targets Ach. % Ach.Agriculture

47635 46069 97 59672 58213 98

MSE 11111 9362 84 16251 15188 93Education 1511

37654891

65017257135

4346146

1760 792 45Housing 4224 2557 61Others 7290 6424 88Total 68914 64942 94 89198 83174 93

District-wise & Bank-wise disbursement under ACP Annexure-21 & 21(i) {Page No.112-113}District-wise & Bank-wise outstanding under ACP Annexure- 22 & 22(i) {Page No.114-119}

As against overall targets of ` 89198 crore, Banks have disbursed loans to the order of ` 83174 crore, The percentage achievement works out to 93%.

As against target of ` 59672 crore under agriculture & allied sector, Banks have disbursed ` 58213 crore. The achievement is 98%.

Banks disbursed loans amounting to `16251crore against the target of `15188 crore set forth for MSE. The achievement comes to 93%.

Banks disbursed education loan amounting to ` 792 crore against target of ` 1760 crore. The achievement comes to 45%.

Banks disbursed Housing loan of `2557 crore against the target of ` 4224 crores. The achievement comes to 61%.

Banks disbursed loans to the tune of ` 6424 crore under Other Priority Sector against the target of ` 7290 crore. The achievement comes to 88%.

District wise Analysis

The perusal of district-wise progress up to Dec.2014 under ACP 2014-15 is given at Annexure 23 {Page No.120} which reveals as under:-


The overall targets have been exceeded in 9 districts viz. Barnala, Faridkot, Fazilka, Ferozepur, Hoshiarpur, Muktsar, Nawanshahar, Patiala & Tarn Taran and missed by varying margins in other districts.

Similarly, the targets under Agriculture & Allied Sector have been achieved in 11 districts viz. Barnala, Bathinda, Faridkot, Fazilka, Ferozepur, Hoshiarpur, Muktsar, SBS Nagar, Patiala & Tarn Taran and missed by varying margins in other districts.

The targets under MSE Sector have been exceeded in 9 Districts viz. Amritsar, Bathinda, Fazilka, Ferozepur, Hoshiarpur Jalandhar, Muktsar, Patiala & Ropar and missed by varying margins in remaining districts.

Likewise, the targets under Education loans have been achieved in 4 districts only viz. Hoshiarpur, Kapurthala, Pathankot & Ropar districts & missed by varying margins in remaining Districts.

The targets under Housing Sector have been exceeded in 3 Districts only viz. Hoshiarpur, Moga & Ropar districts & missed by varying margins in remaining districts.

The targets under Other Priority Sector have been achieved in 4Districts viz. Faridkot, Mansa, Moga & Mohali & missed by varying margins in remaining districts.

Bank-wise Progress:-

The study of bank-wise progress given as per Annexure 24 {Page No.121}reveals as follows:-

Agriculture & Allied Activities As against target of ` 32918 crore under agriculture

sector, Commercial Banks, have disbursed loans amounting to ` 31219 crore. The achievement works out to 95%.


As against target of ` 5098 crore under agriculture sector, Private Sector Banks, have disbursed loans amounting to ` 8478 crore. The achievement works out to 166%.

RRBs have disbursed loans amounting to ` 4820 crore under agriculture sector as against target of ` 3664 crore, thus showing achievements of 132%.

Cooperative Banks have disbursed loans amounting to ` 13384 crore against targets of ` 17264 crore. The achievement comes to 78%.

MSE Sector

As against target of ` 13308 crore under this sector, Commercial Banks have disbursed loans amounting to ` 11944 crore. The achievement comes to 90%.

As against target of ` 2283 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 2928 crore. The achievement comes to 128%.

RRBs have disbursed loans amounting to ` 30 crore under this sector as against target of ` 62 crore, the achievement comes to 49%.

Cooperative Banks have disbursed loans amounting to ` 273 crore against target of ` 551 crore the achievement comes to 50%.

Education

As against target of ` 1478 crore under this sector, Commercial Banks have disbursed loans amounting to ` 706 crore, the achievement comes to 48%.

As against target of ` 149 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 62 crore, the achievement comes to 42%.


RRBs have disbursed loans amounting to ` 1.73 crore under this sector as against target of ` 0.71 crore, thus achieving the target by 241%.

Cooperative Banks have disbursed loans amounting to ` 10 crore against target of ` 97 crore, thus achieving the target by 11%.

Housing



RRBs have disbursed loans amounting to ` 52 crore under this sector as against target of ` 49 crore, thus achieving the target by 106%.

Cooperative Banks have disbursed loans amounting to ` 73 crore against target of ` 248 crore, thus achieving the target by 29%.

Other Priority Sector




RRBs have disbursed loans amounting to ` 52 crore under this sector as against target of ` 66 crore thus achieving the target by 78%.

Cooperative Banks have disbursed loans amounting to ` 872 crore against target of ` 1263 crore, thus achieving the target by69%.

The house may review the progress.

Item No. 22(ii) PLP Projections for the year 2015-16

Punjab Regional Office of NABARD at Chandigarh had organized a State Level Credit Seminar on 30th January,2015 which was chaired by Shri Sarvesh Kaushal, IAS, Chief Secretary, Govt. of Punjab and senior dignitaries from RBI, State Government and banks also participated. During the deliberations, it was resolved to keep Priority Sector disbursement target for the year 2015-16 around `141284.16 crore. Accordingly, NABARD worked the projections at ` 141284.16 crore and segregated the same into district wise/sector wise PLP projections for the year 2015-16.

The Convener Bank vide its e-mail dated 02.02.2015 forwarded the above district wise/sector wise PLP projections to all the LDMs (copy enclosed as per Annexure-25) {Page No.122} with a request to finalize district wise/ sector wise targets under ACP 2015-16 as per the PLP projections in the DCC/Special DCC meeting. It has also been informed to LDMs that the DDMs of NABARD will furnish the block wise/ activity wise projections to the LDMs.

The Convener Bank vide letter dated 02.02.2015 has requested all LDMs to submit targets under ACP 2015-16 to it.

This is for the information of the House.


Item No. 22(iii)

NPA in Agriculture Sector

The position of NPAs under Agriculture Loans in the State of Punjab as on 31.12.2014 is given as under:

(Amount ` in Crore)Outstanding

under Agriculture

Loans

NPA under Agriculture loans

%age of NPA to Agri.

advances

Total Advance

s

%age of NPA to total

advancesNo. of

Accounts

Amount

No of Account

s

Amount

2292274

61394 94862 1604 2.61 207324 0.77

(Bank wise progress is as per Annexure-26) {Page No.123}NPA under Agriculture are to the tune ` 1604 cores which is 2.61% of agriculture advances outstanding and 0.77% of total advances respectively in the State.

This is for the information of the House.

Item No. 23 Indira Gandhi Matritva Sahyog Yojana (IGMSY)

Indira Gandhi Matritva Sahyog Yojana (IGMSY) is a flagship program of the Government of India introduced in 2010 under the Ministry of Women and Child Development. It is a conditional cash transfer scheme that targets pregnant and lactating women 19 years of age and older who have had two children. Its goal is to partly compensate them for wage-loss during childbirth and childcare and to provide conditions for safe delivery and good nutrition and feeding practices. IGMSY provides financial assistance as grant-in-aid to state governments. The cash benefit transfer to be made through Aadhaar in two districts in the state i.e. Amtitsar and Kapurthala. The linkage of beneficiaries with their Aadhaar nos. is to be done in these districts with their respective LDMs. The lists of beneficiaries for both the districts are shared by the


department with the LDMs which is required to get seeded at the earliest.

The representative of Deptt. of Social Security Woment & Child Development is requested to apprise the latest in the matter.

Item No.24

Farmers’ Club Programme

The cumulative progress achieved in formation of Farmers’ Clubs in Punjab as at 31.12.2014 is as follows:-

Farmers’ Clubs FormedProgress up to Dec-2014

Cumulative Positionup to Dec-2014

19 2509

During the financial year 2014-15, Commercial banks in Punjab have launched/ established 19 new Farmers’ Clubs.

The House may review the progress.

Item No.25

National Horticulture Board & National Horticulture Mission

The summary of the progress achieved in LOI cases of National Horticulture Board as on 31.12.2014 is as follows:-

(Amount ` in Lakh)Year LOI Issued Cases

disbursedSubsidy Released

2010-11 25 62 209.632011-12 11 15 688.232012-13 4 3 6.602013-14 22 21 622.622014-15 30 10 616.70


The House may review the progress.

Item No. 26 Advances to Industrial Sector

Item No. 26 (i)

Credit to Micro, Small & Medium Enterprises (MSME)

Reserve Bank of India vide circular RPCD.SME & NFS.NO. BC.90/ 06.02.31/2009-10 dated 29th June, 2010 read with extant instructions contained in para 1.3 and para 2.1.3 of the Master Circular on lending to Micro, Small and Medium Enterprises (MSME) banks are advised to ensure that:

a. 40% of total advances to MSE sector should go to micro (manufacturing) enterprises with investment in plant & machinery upto ` 10 lakh and micro (services) enterprises having investment in equipment up to ` 4 lakh;

b. 20% of total advances to MSE sector should go to micro (manufacturing) enterprises with investment in plant & machinery above ` 10 lakh and up to ` 25 lakh and micro (services) enterprises with investment in equipment above ` 4 lakh and up to ` 10 lakh. (Thus 60% of MSE advances should go to micro enterprises).

In terms of the recommendations of Prime Minister’s Task Force on Micro, Small & Medium Enterprises (MSMEs) under Chairmanship of Shri TKA Nair, the banks have been advised as under:-

Achieve a 20% Year on Year growth in credit to micro and small enterprises to ensure enhanced credit flow,

The allocation of 60% of MSE advances to the micro enterprises is to be achieved in stages viz. 50% in


2010-11, 55% in the year 2011-12 and 60% in the year 2012-13,

Achieve a 10% annual growth in number of micro enterprise accounts.

It is further advised that banks should open more SME focused branch offices at different MSE clusters which can also act as Counseling Centers for MSEs. Each Lead Bank of a district may adopt at least one MSE cluster.

The comparative position of credit outstanding to MSE is as follow:-

(Amount ` in crore)Particulars Dec-2012 Dec-2013 Dec-2014

Accounts Amount Accounts Amount Account AmountMicro Enterprises 223782 12967 255697 16327.06 301296 18970.75

Small Enterprises 68231 18940 71315 22424.31 75266 24481.16Micro & Small Enterprises (MSE)

292013 31907 327012 38751.37 392449 45360.73

Share of advances to Micro Enterprises / MSE

Not Applicabl

e

41% Not Applicabl

e

42% Not Applicabl

e

41.82%

Medium Enterprises (ME)

2935 7245 3448 8984.35 3746 7812.52

MSME 294948 39152 330460 47735.72 396195 53173.25(Bank-wise performance is as per Annexure 27&27(i)). {Page No.124-125}

Observations:

In the State of Punjab, banks have provided credit to the tune of ` 45360.73 crore to 392449 Micro & Small units up to Dec-2014 as against ` 38751 crore to 327012 units as at Dec-2013. The annual growth in number of micro enterprises accounts is 20.01% against the target of 10%.


The YoY growth of credit to MSEs is 17.05% against the target of 20%.

The share of advances to micro enterprises to total MSE as at Dec-2014 is 41.82% against stipulated level of 60% required to be achieved for 2014-15.

The Controlling Heads of Banks are requested to take further necessary steps for enhancing MSEs outstanding as also the share of advances to Micro Enterprises from Micro & Small Enterprises so that the stipulated level of 60% is achieved.

Item No. 26.i (a) Financing of New Units

As per the policy package announced by Hon’ble Finance Minister, each Urban & Semi Urban bank branch is to provide financial assistance to at least 5 new units under Tiny, Small & Medium industry in a year.

The position of financing of New Units up to Dec-2014 is given below:-

(Amount ` in Crore)

Institution Number of U/SU

Branches

New SME Units Financed Per Branch New SME Accounts Opened

Number Amount

Commercial Banks

3155 37857 5656.84 11.99

RRBs 68 383 867.00 5.63Total 3223 38240 5665.51 11.86

(Bank-wise performance is as per Annexure 27(ii) {Page No.126}


Observations:

During the period upto Dec-2014, 3155 Urban/ Semi Urban branches of banking system in Punjab have financed 38240 new accounts under SME sector.

The per branch new SME account comes to 11.86 as against annual target of 5 cases per branch.

The performance is satisfactory.

Item No. 26.i (b)

Collateral Free Loans to MSME

The position for the quarter ending Dec-2014 is summarized below:-

(Amount ` in Lakh)Period New MSEs loans upto ` 10 lakh Out of which

collateral free loansQuarterended

No. of units Amount No. of units Amount

Dec-2012

8679 55730 6642(77%)

19077(34%)

Dec-2013

6753 32914 5739(85%)

20900(63%)

Dec-2014

8581 29805 7919(92%)

26376(88%)

(Bank wise information is as per Annexure- 27(iii) {Page No.127}

Banks have provided loans up to ` 10 lakh to 8581 MSE units during the quarter ended Dec-2014, out of which collateral free


loans have been provided to 7919 units which means the coverage is 92%.

As per extant guidelines, all loans upto ` 10 lacs to SME are mandatorily to be given without taking any collateral security.

The house may review.

As per decision taken in 130th meeting of SLBC, a meeting of sub committee on MSME was held on 12.01.2015. Convener Bank has already circulated the minutes on 13.01.2015 and same are enclosed as per Annexure-27-iii(a). {Page No.128-131}

Item No. 26.i (c)

Position of NPA in MSME advances

The relevant data in this regard for quarter ended Dec-2014 is placed below:-

(Amt . in ` crore)Number of MSME Loan

accounts outstanding

Amount of MSME Loan outstanding

Out of 2, NPA

outstanding

%age of NPA under MSME Loan

Out of 2, MSME loan

granted collateral

free

Out of 5, NPA

outstanding

1 2 3 4 5 6396195 53173.25 2610.86 4.91% 4242.48 500.85

(Bankwise detail as per Annexure-27(iv) {Page No.132}


Item No. 26.i (d)

Review of Growth in MSE Accounts


The relevant data in respect of Commercial Banks for quarter ended Dec. 2014 is placed below:-

(Amt . in ` Crores)MICRO ENTERPRISES A/cs MICRO & SMALL ENTERPRISES

No. of Accounts

as on 31.03.2014

New accounts opened

during the Financial year upto Dec. 2014

% growth in No. of Accounts

Credit Outstanding as on Dec.

2014

Credit provided during

the Year upto

Dec.2014

% growth

in credit.

274136 44463 16 40611.49 9437.10 23

(Bank wise position as per Annexure-27(v) {Page No.133}

Observations:

During the period under review the Commercial Banks in the State opened 44463 new accounts of Micro Enterprises showing prorate growth of 16% in the number of accounts opened during this fiscal year.

Banks in the State have provided fresh credit to the tune of `9437crores to MSE during the period under review, thus showing a growth of 23%.


Item No. 26.i (e)

Position of Sick MSEs.

The position of sick SME units as at Dec. 2014 is as follows:-(Amt. ` in Crores)

SME units identified as sick as at

SME units classified as Units under nursing

Units where viability decision yet


31.12.2014 to be takenUnits Amt. Viable Non viable Units Amt. Units Amt.

Units Amt. Units Amt.1121

71848.5

1 143 201.71

10809

1543.22 76 192.2

4 265103.6

4

(The bank-wise data is available on Annexure 28). {Page No.134}


Item No. 26.i (f)

Credit Guarantee Fund Scheme for Micro & Small Enterprises

The comparative position of coverage under the scheme is as follows:-

(Amount ` in lakh)Cumulative Coverage

As on 31.03.2014

Coverage during 2014-15

(Upto Dec. -2014)

Cumulative Position

as at Dec. 2014

Accounts

Amount Accounts

Amount Accounts

Amount

28263 190035 5910 42307 34173 232342(Bank wise performance is as per Annexure-29) {Page No.135}

Observations:

The banks, up to Dec. 2014, have covered 34173 MSE units amounting to ` 232342 lakh under the Credit Guarantee Fund Scheme.

Up to the period ended Dec. 2014, banks have covered 5910cases under the scheme amounting to ` 42307 lakh.

The house may review the performance

Item No.27

Recovery of Banks' Dues - Pending Recovery Certificates under State Recovery Acts


The position as at Dec. 2014 of pending Recovery Certificates filed under State Recovery Acts is given below:- (Amt. ` in lac)

S. No.

Particulars No. of RCs Amount

i Cases settled during the quarter 655 924.41ii Total pending cases 1568 4422.52iii Out of (ii) above, cases pending for

less than six months243 908.18

iv Out of (ii) above, cases pending for more than six months but less than one year.

14 33.68

v Out of (ii) above, cases pending for more than 1 year.

1311 3480.66

(District-wise & Bank wise position is as per Annexure 30 & 30(i) {Page No.136-137}

Observations:

As many as 1568 cases filed under State Recovery Acts involving a sum of ` 4422.52 lakh are lying pending with Recovery Officers. 1311 RCs with amount outstanding to the tune of ` 3480.66 lac are pending for more than 1 year. The pendency in respect of RCs for more than One year is mainly in respect of Districts Amritsar, Bathinda ,Fazilka, Ferozepur, Gurdaspur, Kapurthala, Ludhiana Muktsar & Tarn Taran and of Banks namely Punjab National Bank, P&SB, BOM, OBC, SBI, SBOP, Central Bank & Punjab Gramin Bank.

Revenue Department is requested to expedite recovery in pending cases.

Item No. 27(i) Pending Recovery Certificates – Transfer of cases to Lok Adalats.


During the deliberation in the 130th meeting of SLBC held on 13.11.2014, the representative of revenue department was requested to examine whether cases which are filed under RCs can be transferred to Lok Adalats for affecting speedy recovery in these accounts.

The matter was taken up with the Revenue Department by the Convener Bank vide its letter dated 15.12.2014 and Department of Institution Finance & Banking dated 17.12.2014.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 29.01.2015,the representative of revenue department informed the house that the issue is under consideration of the department.

The representative of Revenue Department/DFI&B is requested to apprise the house the progress in the matter.

Item No. 28 Delay in taking possession of assets by Chief Metropolitan Magistrates/District Magistrates under section 14 of SARFAESI Act, 2002.

Department of Institutional Finance & Banking vide their letter dated 10.09.2012 has desired to review the position of pending cases under SARFESAI in the State of Punjab. The Bank wise position of pending cases under as on 31.12.2014 is as under:-

(Amt ` in Lacs)No. of Pending Cases with Metropolitan Magistrates/District Magistrates

Cases pending for more than one Month

Amount Involved

205 189 21786Agenda papers of 131thMeeting of SLBC-Punjab

(Bank wise Position is as per Annexure 31) {Page No.138-141}


Item NO. 29 Yearly Calendar of holding SLBC meetings

For the calendar year 2015, the dates for holding SLBC meetings for the State of Punjab are as under:-Sl. No Quarter for which

data is to be reviewed

Proposed date and day of holding SLBC meetings

132ndSLBC March, 2015 14th May 2015 (Thursday)

133rd

SLBC June, 2015 13th August 2015 (Thursday)

134th SLBC September, 2015 *17th November 2015 (Tuesday)

135th

SLBCDecember, 2015 12th February 2016 (Friday)

(*Because of State Govt. holiday on 11th & 12th and 14th & 15th

being Saturday & Sunday the date proposed is 17.11.2015)

The schedule of other activities relating to convening of SLBC meetings as conveyed by RBI is reiterated for the information of members as under:- S.No

Activity To be completed by (Date)

1. Preparation of calendar of SLBC meetings and intimation to all concerned of the cut off dates of submission of data and dates of meetings as per dateline given below:-

15th of January every year

2. Reminder regarding the exact date of meeting and submission of data by

15 days before the end of the quarter


banks to SLBC3. Dead line for receipt of data by SLBC

Convener Bank15 days from the end of the quarter

4. Distribution of agenda cum background papers

20 days from the end of the quarter

5. Holding of SLBC Meeting Within 45 days from the end of the quarter

6. Forwarding the minutes of the meeting to all stakeholders

Within 10 days from the holding the meeting

7. Follow up of action points emerged from the meeting

To be completed within 30 days of forwarding the minutes for review in the next meeting

Banks and LDMs are requested to ensure submission of data duly checked as per above schedule.


Item NO. 30 Punjab Sarv Sehat Bima Yojana-Implementation.

In order to provide cashless health insurance to entire population in the State, Department of Health and Family Welfare, Punjab is implementing Punjab Sarv Sehat Bima Yojana in the State and DIF&B is the Nodal Agency for implementation of the scheme and will coordinate with the banks for successful implementation of the scheme.

The representative of Deptt of IF&B is requested to apprise the house about the latest position in this respect.Item No.31

Financing of Tenant Farmers / Oral Lessees and Share Croppers

NABARD has informed that Andhra Pradesh State Govt. has recently promulgated an ordinance titled ‘Andhra Pradesh Land Licensed Cultivators Ordinance 2011” to facilitate financing of tenant farmers, oral lessees and share croppers by financial institutions. The ordinance envisages issuance of “Loan and Other Benefits Eligibility Cards” to tenant farmers, Agenda papers of 131thMeeting of SLBC-Punjab

oral lessees and share croppers to access credit from the Public Financial Institutions and to claim benefits of input subsidy, crop insurance compensation for damage to crop and for matters connected therewith or incidental thereto.

Such an initiative would lead to smoothening the process of access to the formal credit delivery system by tenant farmers/oral lessees/share croppers, etc. thereby helping the JLG programme to scale new heights.Director, Agriculture Department Govt. of Punjab vide their letter dated 27.12.2014 have informed that the case has been sent to Financial Commissioner (Revenue), Govt. of Punjab, for implementation of Act in the State.

The representative of Department of Agriculture/IF&B is requested to apprise the house latest position in the matter.

Any other issue with the permission of the Chair

ITEMS FOR INFORMATION OF THE MEMBERS

Item No. 32 Rajiv Rinn Yojna (RRY).

The Ministry of Housing and Urban Poverty Alleviation (MH&UPA), Government of India has designed a Revised Interest Subsidy Scheme-named as Rajiv Rinn Yojana (or Rajiv Loan Scheme), as an additional instrument for addressing the housing needs of the EWS/LIG segment in urban areas. The Agenda papers of 131thMeeting of SLBC-Punjab

Scheme envisages the provision of a fixed interest subsidy of 5% (500 basis points) on interest charged on the admissible loan amount to EWS and LIG segments to enable them to buy or construct a new house or for carrying out addition (of a room/kitchen/toilet/ bathroom) to the existing building.

RRY has been formulated by modifying the Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) piloted in the 11 th

Plan period with enhanced scope, coverage. Detailed guidelines of Rajiv Rinn Yojana are uploaded on the Ministry’s website www.mhupa.gov.in.

The overall target for the 12th Plan period is 1 million dwellings across the country and for the current financial year, countrywide target of 2.5 lakhs dwellings has been fixed. Based on the criteria of Percentage Share of the Urban Population/Urban Housing Shortage, the target for the State has been fixed for 6000 Dwellings.


Item No. 33 National Handicapped Finance and Development Corporation (NHFDC)

Ministry of Social Justice & Empowerment, Government of India as informed that NHFDC functions as an apex Institution for promoting economic development activities and self - employment ventures for the benefit of persons with Disabilities (PwDs). The detailed information on schemes and programmes of NHFDC is available on website www.nhfdc.nic.in.

NHFDC has recently tied-up with 3 Public Sector Banks (Bank of Baroda, Andhra Bank & IDBI Bank) and 24 Regional Rural Banks for flow of collateral free concessional credit (interest rate of 4-8% per annum) to PWDs for self employment under credit guarantee scheme of Government of India. These banks will also extend education loans to eligible students with disabilities for higher education in India or abroad at an interest rate of Agenda papers of 131thMeeting of SLBC-Punjab

http://www.nhfdc.nic.in/

http://www.mhupa.gov.in/

3.50 – 4% per annum only. Other members banks are requested to sign similar agreement with NHFDC for flow of concessional credit to PWDs.

Controlling Heads of these Public Sector Banks are requested to

send the progress to the Convener Bank.

Item No.34

Basic Banking Accounts and issuance of GCCs

The progress achieved by banks in opening of Basic Banking Accounts and issuance of GCCs up to Dec. 2014 in Punjab State is as follows:-

(Amount ` in Lakh)Basic Banking Accounts

OpenedGCCs Outstanding

Number Amount Number Amount7588646 267373 135614 191262

(Bank wise progress under Basic Banking Accounts is as per Annexure 32) {Page No.142}

(Bank wise progress under issuance of GCCs is as per Annexure 33) {Page No.143}

Observations:-

Banks during the quarter ended Dec. 2014 have opened 1073469“Basic Banking Accounts” having balance of ` 19368 lakh.

Banks during the quarter ended Dec. 2014, banks have issued 6238 GCCs amounting to ` 10456 Lakh.

In view of the importance of “Financial Inclusion” the Controlling Heads of banks are requested to issue instructions Agenda papers of 131thMeeting of SLBC-Punjab

to the concerned quarters for bringing the underserved section of the society to the bank’s fold by opening of “Basic Banking Accounts” and/or issuing of cards under GCC scheme.

Item No 35 Providing Saving-cum-OD Account Facility to other families living in Rural Areas having no Land

The Secretary, Department of Financial Services, Ministry of Finance, Govt. of India vide his DO letter no. 1 (4) 2011 dated 07.09.2011 advised certain action points with regard to lending under Priority Sector and one of the action point was that each bank will work out a scheme if none exists, for giving Saving cum OD Account to other families which do not have any land and live in the Rural Area. This account should have an OD limit of 10,000/- against the personal guarantee of the villager and the villager should be able to use the bank account for Savings or meeting the requirements of consumption purposes on a need based basis and use the OD.

Controlling heads of all the banks to kindly take steps to implement the above facility as desired by the Ministry of Finance.

House may discuss.

Item No.36

Dairy Entrepreneurship Development (DEDS) Scheme.

Dairy Entrepreneurship Development is a central sector scheme for generation of self employment opportunities in the dairy sector, it is covering activities like improvement in milk production, procurement, preservation, transportation, processing and marketing of milk. The performance vis-à-vis targets under the scheme upto q.e Dec. 2014 is as under:-

(Amt. ` in Lacs)Targets under DEDS Achievements up to %achievement


For 2014-15 31.12.2014

2031.50 8367.42 412%(Bank wise progress is as per Annexure 34) {Page No.144}


Item No.37

Progress of Agro Food Processing Industries.

The performance under the scheme upto q.e. Dec. 2014 is as under:

(Amt. ` in Lacs)Advances made during the

quarter Dec. 2014Commulative figures

up to Dec. 2014

No. of A/cs

Amount No. of A/cs Amount

410 56280 3903 367549(Bank wise progress is as per Annexure 35) {Page No.145}

This is for information of the house. Item No.38

Swarojgar Credit Card Scheme

The progress up to Dec. 2014 under the Scheme is as under:-

(Amt. ` in Lac) Particulars Commerci

al BanksRRBs Coop.

BanksTotal

Annual Target (Nos.)

5000 2000 3000 10000

No. of SCCs Issued 318 2420 377 3115Amount Disbursed 119 1108 120 1228

(Bank-wise progress is as per Annexure-36) {Page No.146}


The analysis of the data reveals that against the annual target of 10000 Swarojgar Credit Cards (SCCs), Banks up to Dec. 2014 have issued 3115 cards amounting to `1228 lac.

The house may review the progress please.

Item No. 39 Kisan Credit Card (KCC) Scheme

The progress achieved by banks in implementing Kisan Credit Card scheme up to 31.12.2014 is given below:-

(Amt. ` in crores)Period Sanctioned Disbursed Outstanding

No. of KCCs

Amount

No. ofKCCs

Amount

No. of KCCs

Amount

Commercial Banks2006-2007

127378 1922.72 126600 1991.76 125885 1968.40

2007-2008

132795 2740.04 132217 2705.51 130283 2610.29

2008-2009

165774 3717.19 165218 3601.61 164644 3536.68

2009-2010

148942 3660.91 147827 3572.18 147453 3562.37

2010-11 208279 5286.39 196436 5162.14 168840 2477.682011-12 238586 8347.89 237801 8138.17 235003 7930.882012-13 284701 11276.0

1284076 10819.7

4212615 8747.40

2013-14 333958 18662.62

333186 18489.25

293747 14203.93

Since inceptionup to Dec-2014

2542930

72573.19

2468742

70397.90

967941 35184.98

Cooperative Banks2006-07 33937 205.78 33937 205.78 33937 205.78Agenda papers of 131thMeeting of SLBC-Punjab

2007-08 35494 601.51 35494 601.51 35494 601.512008-09 18570 157.57 18111 139.62 18111 139.612009-10 16216 749.47 16216 749.47 16216 749.472010-11 22417 332.44 22415 282.78 14241 175.272011-12 8095 149.25 8077 148.87 8075 148.022012-13 17521 239.31 17521 239.31 17521 239.312013-14 15804 192.45 15804 192.45 15804 192.45Since inceptionup Dec-2014

984931

7696.22

984911

7646.18

996119

6484.62

Total since inception

3527894

80281.58

3453684

78056.20

1964081

41681.72

(Bank-wise progress up to December 2014 is as per Annexure-37) {Page No.147}

Highlights From 1st April 2014 to 31st Dec 2014, the Commercial

Banks have sanctioned 199903 Kisan Credit Cards amounting to `12102.45 crores and disbursement has been completed in 199717 cases to the extent of ` 11760.55 crores. In addition to this, during the same period, Cooperative Banks have sanctioned 11010 Kisan Credit Cards amounting to ` 103.40 crores.

Since inception of the scheme, Commercial and Cooperative Banks jointly have sanctioned kisan credit cards to 3533352 farmers amounting to ` 80318.88 crores in the State, out of which disbursement has been made to farmers to the tune of `77944.70 crores. On cumulative basis, there are 1964081 outstanding KCCs amounting to ` 41681.72 crores as at 31.12.2014.



Item No. 39(i) KCC-ATM cum Debit Cards position.

The position of KCC outstanding and the number of ATM Debit Card issued to the KCC holders as on 31.12.2014 is as under:-

KCC outstanding as on Dec 2014

ATM-cum Debit card issued up to Dec 2014

No. Of KCC holders without ATM cards.

2321530 539403 1782127 (Bank wise position is as per Annexure-37(i) {Page No.148}


Item No. 40 Golden Jubilee Rural housing Finance Scheme

The progress achieved under the scheme up to 31.12.2014 is given below:-

(Amount ` in lac)During quarter ended

Dec. -2014Cumulative up to

Dec. -2014Sanctioned Disbursed Sanctioned Disbursed

No. Amt. No. Amt. No. Amt. No. Amt.1894 9615 1892 8163 4238 2773

74223 23987

(Bank-wise position is given as per Annexure 38). {Page No.149}

Observations:

During the quarter ended Dec-2014, under Golden Jubilee Rural Housing Scheme, banks have sanctioned loans to 1894 beneficiaries amounting to ` 9615 lac and disbursement has been completed in 1892 cases to the tune of ` 8163 lac under the Scheme.


This is for information of the members.

Item No. 41 Implementation of Nayak Committee recommendations

As per Reserve Bank of India guidelines for assessing working capital limits of village, tiny and other SSI units requiring fund based limits up to ` 5 crore, banks have to adopt procedure based on Nayak Committee guidelines, i.e. sanction of working capital limits @ 20% of the projected turnover.

The performance data of banks in implementing Nayak Committee recommendations during the quarter ended Dec 2014 is given below:-

(Amt. ` in crore)Sr. No.

Particulars Previous quarter ended

Sept-2014

Current quarter ended Dec-2014

No. Amount No. Amount1 Loans sanctioned to

SSI8111 1261.51 7681 1978.47

2 Out of (a) above, loans sanctionedas per Nayak Committee Norms.

4306 760.91 5641 1448.32

(Bank-wise performance is as per Annexure-39). {Page No.150}

Highlights During the quarter ended Dec-2014, banks have sanctioned loans amounting to ` 1978.47 crore to 7681 SSI units. Out of these, loans amounting to ` 1448.32 crore have been sanctioned to 5641 SSI units as per Nayak Committee Norms. It reveals that while assessing the credit requirements of SSI units requiring funds up to ` 5 crore, Banks have applied norms based on Nayak Committee recommendations in 73% of cases. The feedback from Banks also indicates that in remaining cases the borrowers were not willing to avail the credit limits as per


Nayak Committee Recommendations, due to the turnover of current assets being high and/or higher level of creditors.

This is for information of the House. Item No. 42 Government Sponsored Subsidy Schemes

under farm & non farm sector.

In order to create infrastructure and increase capital formation in agriculture and SSI, the Government of India has launched various schemes, wherein the Govt. of India also provides subsidy. NABARD is nodal agency for implementation of all such schemes. The progress up to 31.12.2014 made under different schemes conveyed by NABARD is placed below:-

(Amount ` in lakh)

S.No.

Scheme

Cases Financial Outlay

Bank Loan Subsidy Sanctioned

1. Cold Storage

132 17102 10160 3142

2. Rural Godowns

1492 133604 97476 17819

3. ACABC 9 79 71 264. CLCSS 405 15511 11332 27325. AMI 1798 81983 58333 169336. NPOF 132 868 514 161

Cold Storage

Capital Investment Subsidy Scheme (CSISS) for construction /renovation / modernization of cold storages

Rural Godowns

CISS for Rural Godowns

ACABC Agri Clinic Agri Business CentersCLCSS Credit Linked capital Subsidy Scheme for Technology Upgradation.AMI Agriculture Marketing Infrastructure NPOF CISS for Commercial Production Units of Organic Inputs under National

Project of Organic Farming.

This is for the information of the members.



SLBC & BANKS

COMMITTED TO

TOTAL FINANCIAL

INCLUSION IN THE STATE

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