Meetings/Agenda 137th SLBC Pb.doc · Web viewItem No. 5 Mapping of Industrial Training Institutes...

The 137thmeeting of State Level Bankers’ Committee (Punjab) to review the performance of banks for the period ended June-2016 will be held on 11.08.2016 at 10.30 A.M. at Hotel Mount View, Sector 10, Chandigarh. The following issues shall be taken up for discussion in the meeting:-

Item No.1 Confirmation of minutes of 136th meeting of State Level Bankers' Committee (Punjab) held on 12.05.2016Last Meeting of SLBC 136th Held

on 12.05.2016

Minutes e-mailed /Circulated On

23.05.2016

Comments Received NIL

The House may confirm the circulated minutes.

Item No. 2

Pradhan Mantri Jan Dhan Yojana, Activation of Rupay Card, Monitoring of Zero Balance Accounts & Appointment of Bank Mitras & Status of Micro ATMs .

Punjab State has been declared as Saturated under Pradhan Mantri Jan Dhan Yojana, the flagship programme of Government of India, which envisages, Accidental Insurance of ` 1 lac, Life Insurance cover of `30000/-, Issuance of Rupay Debit Card to every account holder.

Agenda papers of 137th Meeting of SLBC-Punjab

137th Meeting of State Level Bankers’ Committee (Punjab)

Highlights of achievement under PMJDY scheme are as under:-No. of Accounts opened 5032738No. of Rupay Debit cards issued

4608259 (91.56%)

No. of Rupay Debit Cards activated

3228311 (70.05%)

No. of Zero Balance accounts 893165 (17.75%)Aadhar seeding 72.58%

This is for information of the house.

Item No. 2(i) Issuance of Rupay Cards and its Activation in PMJDY accounts.

Activation of Rupay Debit Cards was necessary to get the insurance claim under the Rupay Card. The Rupay cards were required to be swiped in an ATM or POS machine within 90 days prior to the date of incident resulting in accidental death/permanent disability. The latest change made by NPCI regarding eligibility to claim accidental cover as under:

“All Rupay Card holders (valid for Physical or Virtual RuPay card holder) i.e Cards issued on an IIN assigned by RuPay will be eligible for the benefit under the RuPay Insurance Program 2016-17."

Benefits of Insurance will be available to the Card holders who have performed minimum one successful financial or non-financial transaction* at any Channel both Intra and Inter-bank i.e. on-us and off-us (ATM/ Micro ATM/POS/e- com/Business Correspondent of the bank at locations by any payment instrument).


(a) within 45 days prior to date of accident including accident date for Premium Card holders and(b) within 90 days prior to date of accident including accident date for Non Premium Card holders.

*Transaction types means all customer induced transaction at bank branch or by any payment instrument whether on-us (Bank Customer/RuPay card holder transacting at same bank channels) and /or off-us (Bank Customer/RuPay card holder transacting at other bank channels).

This addendum circular basically advises banks that in addition to all financial and non financial transactions, both on-us and off-us originating from ATM, micro ATM & POS and online covering RuPay card and Aadhaar based transactions, all customer induced transactions at Branch will now be included as eligible transactions under the Rupay Insurance Program 2016-17.

During the deliberations in the State level implementation Committee meeting held on 15.07.2016, Shri Sukhwinder Singh, IAS, Director, Institutional Finance and Banking and Chairman of the meeting said that customer should be made aware of the changes made by NPCI. It was resolved that all the member banks should utilize the services of FLC Counsellors and Bank Mitras for creating awareness amongst the customers in this regards.

The issue was also deliberated upon in the 2nd Steering Committee meeting to SLBC held on 28.07.2016. While reviewing the progress of the banks whose % age of activation of Rupay card is much lower i.e. SBOP, OBC, HDFC were requested to sensitize the population through Bank Mitras and


FLCs of their bank for activation of Rupay cards in order to keep the insurance cover live.

The bank wise position in activation of Rupay cards is as per Annexure-1.

The house may deliberate.

Item No. 2(ii)

Appointment of Bank Mitras & Status of Micro ATMs , Verification Calls by Executives of State Call Centers/SLBC/LDMs to Bank Mitras.

For universal access to banking facility, Bank Mitras have been deployed in areas allocated to banks by SLBC. As per information received from banks, 2330 Bank Mitras/BC Agents have been deployed in the State to provide various type of banking services to the customer under PMJDY.

The bank wise position in Appointment of Bank Mitras & status of Micro ATM is given at Annexure-2 for information of the house.

To ascertain/verify the availability of Bank Mitras, it has been decided that executives of call centers will make verification calls to each Bank Mitra/BC Agent working in the State and Call Centre/LDMs are submitting information about working/non working of Bank Mitras on weekly basis. Besides Convener Bank is also making verification calls to Bank Mitras/BC Agents directly. The feedback received from all the three is collated on regular basis and shared with Banks for taking necessary corrective action.

Non working of Bank Mitras at locations allotted is depriving population therein of banking facilities and defeating the very purpose of Financial Inclusion. Controlling head of the banks whose Bank Mitras are not working, are requested to inform the


house of latest position regarding deployment and time line for completing the task.

The detail of the Bank Mitras who are not working has been sent to respective banks and they have been advised to replace the Inactive/non working Bank Mitras on urgent basis. Further in order to monitor the working of Bank Mitras the banks were requested to make regular calls to them.

Bank-wise detail of Inactive/not working Bank Mitras is as under:-

Name of the Bank Bank Mitras not working

as on 30.06.2016PNB 12SBOP 48PSB 13OBC 44UCO BANK 42ALL BANK 14ANDH BK 1BOB 24BOI 10BOM 1CANARA 3CBI 11CORP BK 1IB 3IOB 5SBI 10SYD BANK 1UBI 8HDFC BANK 2


ICICI BK L 12IndusInd Bank 1AXIS BK 8Malwa Gramin Bk. 6Pb. Gramin Bk. 3TOTAL 283

During the deliberations in the 2nd steering committee meeting to SLBC held on 28.07.2016,the banks i.e SBOP, OBC, & UCO bank whose inactive Bank Mitras are more than 40 were requested to ensure that all the Bank Mitras are operational at the earliest. Member banks were requested to keep convener bank informed of the changes if any in contact details of Bank Mitras and ensure that Bank Mitras are operational in all the locations.The representative of the member banks who have not appointed the Bank Mitras yet are requested to apprise the latest position to the house.

Micro ATMs have been provided to 1582 Bank Mitras out of total 2330 Bank Mitras working in the State of Punjab. During the deliberations in the State level implementation Committee meeting held on 15.07.2016, the representatives of UCO Bank and SBI informed the house that their bank has since started distribution of Micro ATM to Bank Mitras. Member Banks are again requested to ensure providing of Micro ATM to all the Bank Mitras immediately.


Item No. 2(iii) Position of Claims lodged/Settled under PMJDY and Jan Suraksha Schemes.


Out of 83 Claims lodged under PMJDY up to 30.06.2016 in the State of Punjab, 55 Claims stands settled while 15 claims have been rejected and thus 13 claims are pending for disposal.

In Jansuraksha Schemes (under PMSBY) out of 298 claims lodged 174 claim cases stands settled while 20 claims stands rejected and thus 104 claims are pending for disposal.

In Jansuraksha Schemes (under PMJJBY) out of 431 claims lodged 345 claim cases stands settled and number of cases rejected are 7 and thus 79 claims are pending for disposal.

Bank-wise position in lodgment and settlement of claims under PMJDY and Jansuraksha Schemes is as per is as per Annexure-3 & Annexure-3 (i) respectively.


Item No. 2(iv) Monitoring of Zero Balance Accounts in PMJDY

Out of total 5032738 accounts opened, 893165 accounts (17.75%) still show zero balance. During the deliberations in the 2nd steering committee meeting to SLBC held on 28.07.2016, the progress of Zero balance accounts was reviewed and member banks were requested to take steps for reduction in accounts having Zero balance. It was suggested that the Bank Mitras can be very helpful in bringing the number of Zero Balance accounts. Member banks were requested to take the services of Bank Mitras for bringing down the zero balance accounts.

Bank wise position in zero balance account is as per Annexure-2.

Item No. Holding of Camps for Seeding of Aadhaar Agenda papers of 137th Meeting of SLBC-Punjab

2(v) Number in Pension Accounts.

Secretary, Deptt. of Pension & Pensioners welfare, Ministry of Personnel Public Grievances and Pensions vide his DO letter dated 23.06.2016 addressed to CMDs of all Pension Disbursing Banks, has desired that Special Aadhaar Seeding and Registration Camps to be organized by all Pension Disbursing branches.

During Video Conference with the banks on 15.06.2016, it was decided that Special Camps shall be continued every month till December 2016 as per following schedule:-

28.06.2016 TO 08.07.2016 27.07.2016 TO 06.08.201629.08.2016 TO 09.09.201627.09.2016 TO 07.10.201628.10.2016 TO 11.11.201628.11.2016 TO 09.12.2016.

Convener Bank vide its e-mail dated 29.06.2016 and 06.08.2016 has already requested all the member banks to ensure holding of camps in their pension disbursing branches as per the above schedule. It has further been desired by the Ministry of Personnel Public Grievances and Pensions to give adequate publicity in the local media, including Cable/TV Channels and also contact the pensioners through letters/telephone, emails fax, etc. to get their pension accounts seeded with Aadhaar Numbers.

Member banks are again requested to hold camps on all designated dates in all the pension disbursing branches of their bank for seeding of Aadhaar number in pension accounts.

Item No. 3 Pradhan Mantri Suraksha Bima Yojana (PMSBY) Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).


The Central government had launched various insurance schemes namely Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Atal Pension Yojana (APY) as a move towards creating a universal social security system for all Indians especially the poor and the under-privileged. In PMSBY, any person between the age of 18-70 years can subscribe to the scheme at an annual premium of ` 12/- whereas in PMJJBY, any person between the age of 18-50 years can subscribe to the scheme at an annual premium of ` 330/-. The achievement under the schemes is as under:-

Name of the scheme

Achievement as on 30.06.2016

PMSBY 3257853PMJJBY 601054

The Bank wise progress in respect of both the schemes is as per Annexure-4.


Item No. 3(i) Atal Pension Yojana (APY)

Under the Atal Pension Yojna Scheme (APY), depending upon their contributions, the subscribers, under the age of 40, would receive the fixed monthly pension of ` 1000 to ` 5000 at the age of 60 years. Ministry of Finance has recently ammended Atal Pension Yojana (APY) to give an option to the spouse to continue to contribute for balance period on premature death of the subscriber. After the death of both the subscriber and the spouse, the nominee of the subscriber shall be entitled to receive the pension wealth, as accumulated till the age of 60 years of the subscriber.


The achievement under the scheme in the state of Punjab is as under:-

Name of the scheme

Achievement as on 30.06.2016

APY 99713

Pension Fund Regulatory and Development Authority vide their letter dated 15.06.2016, has informed that Department of Financial Services, Ministry of Finance, Government of India has allocated targets under APY to all the Banks/Post Offices and Cooperative Banks. The Bank wise progress vis-à-vis targets is as per Annexure-5.


PFRDA vide its letter dated 27.05.2016 addressed to Hon'ble Chief Minister, Punjab had informed that every State has multiple unorganized work forces attached to the different Ministries/Departments like Agriculture, Animal husbandry, Health & Family welfare, Labour, Rural development, Panchayati Raj, Women & Child development etc. These departments may consider offering APY to all those workers as a measure of social welfare for protecting their old age income. The departments of State Government may facilitate the employees / workers to join APY by directing the respective banks where the salary accounts of such employees / workers are held. In case, the workers are already covered under Swavalamban Scheme, the beneficiaries in the age group of 18 to 40 years may be migrated into APY so that they can avail of the benefits of the minimum guaranteed pension.

During the deliberations in the 2nd steering committee meeting to SLBC held on 28.07.2016, the representative of Department of Institutional Finance and Banking informed the house that instructions to the concerned departments have already been issued for facilitating employees/workers to join APY by


directing them to respective banks where the salary accounts of such employees/workers are held.

Member banks are requested to utilize the services of FLC Centres and bank mitras for covering maximum persons under the ambit of Atal Pension Yojana Scheme. Further they should tap the unorganized workers for coverage under APY scheme.

Item No. 4 Pradhan Mantri MUDRA Yojana (PMMY)

Micro Units Development and Refinance Agency Ltd (MUDRA) was launched by Hon’ble Prime Minister on April 8, 2015 as a new financial entity, for developing and refinancing last mile financial intermediaries like Banks, NBFCs, MFIs etc., who are in the business of lending to smaller micro enterprises in manufacturing, trading and service sector.

This priority is essential to enable growth and income generation amongst the hitherto unfunded or underfunded segments of our economy. Lending under MUDRA will focus on the unfunded segments of the Micro enterprises by granting the loans under three categories:-

Shishu : Loans up to ` 50000 Kishore : Loans above ` 50,000 and upto ` 5.0

lacs Tarun : Loans above ` 5.0 lac and upto `10.0

lacs

Ministry of Finance has advised all PSBs to classify all the loans extended to non-farm enterprises in manufacturing, trading and services up to ` 10.00 lacs on or after 8th April 2015 as MUDRA loans under PMMY along with the overdraft amount of `


5000/- sanctioned under PMJDY which is also to be classified as MUDRA loan under PMMY.

Banks in the State have disbursed ` 713.20 crore under MUDRA during the first quarter against the annual target of ` 3155.18 crores.

Member Banks are requested to chalk out strategy from start of each month for achieving the targets.

The bank wise targets vis-a-vis achievement is as per Annexure-6.

Item No. 4(i) Convergence of Government Schemes with Pradhan Mantri MUDRA Yojana (PMMY).

The issue of convergence of Government Schemes with Mudra Yojana was placed in the 135th meeting of SLBC held on 26.02.2016. A meeting under the Chairmanship of Mission Director-cum-Director Local Government, Punjab was held on 18.07.2016 where in it was pointed out that the said instructions are not being implemented in letter and spirit.

We again reiterate the instructions of Micro Unit Development & Refinance Agency Ltd. vide which it has been decided to dovetail the Yojana.

"Government of India and State Government are extending support for creation of enterprise/livelihood and imparting training/skill development through various programmes. The major programmes being National Rural Livelihood Mission (NRLM) implemented by Ministry of Rural Development, Self Employment Programme (SEP) component of National Urban Livelihood Mission (NULM), Start-up village Entrepreneurship Agenda papers of 137th Meeting of SLBC-Punjab

Programme (SVEP) a sub component to (NRLM), training through RSETIs, National Skill Development Corporation (NSDC), accredited training institutions, etc. With a view to giving a boost to PMMY funding, for micro enterprises, leading to employment generation Ministry has decided to dovetail the Yojana with these initiatives."

Member banks are requested to ensure meticulous compliance of the above instructions.

Item No. 5

Mapping of Industrial Training Institutes (ITIs), Vocational Training Partners (VTPs), Operational Centres (OCs) – Spread of Financial Literacy.

In order to impart financial literacy to the participants in training programs under skill development at various Operational and Vocational Training centres and ITIs operating in the State of Punjab, Ministry of Finance has desired that all these centres be mapped with the Financial Literacy Centres operating in the State. Convener Bank has already got mapped all the 505 Industrial Training Institutes (ITIs), Vocational Training Partners (VTPs), Operational Centres (OCs) with the FLCs and the bank wise list has been sent to the respective banks. Member banks having control in these FLCS were requested to ensure to organize financial literacy meetings in these vocational training

centers/ITIs in coordination with the District Administration where a significant numbers of people can be covered for financial inputs as desired by Department of Financial Services, Ministry of Finance.

The guidelines of DFS wherein procedure to be followed for spreading the Financial literacy has been prescribed has already been conveyed to the member banks. Banks were requested to ensure printing and distribution of FL material as Agenda papers of 137th Meeting of SLBC-Punjab

per the specifications, for smooth implementation of the financial literacy initiative. The progress in conducting of camps in skilling centre is as under:-

No. of Skilling Centres mapped

No. of camps organized

No. of Trainees participated

419 225 15153(District wise position is as per Annexure-7)

Department of Institutional Finance & Banking vide their letter dated 29.04.2016 addressed to the Director Education & Industrial Training, Punjab has requested to instruct all the skilling centres including those under private control to allow Financial Literacy Counselors to hold sessions in the campus to educate the students studying in these institutes.

Member banks are again requested to ensure that the FLCs of their bank conduct camps in skilling centers as per the guidelines of Ministry of Finance.

Item No. 6 Providing of Banking Services in villages having no banking facilities with in 5 KM.

Ministry of Finance had identified 2 villages in the State of Punjab, where there was no banking facilities within 5 Kms. Namely:-

Sr.No. District Sub District Block Village

Allocated to

1 Rupnagar Rupnagar Rupnagar

Majri Federal Bank

2 Firozpur

Jalalabad

Guru Har sahay

Nau baram

SBOP


Lead District Manager, Ropar has informed that Federal Bank is going to install ATM at Majri Village shortly.

State Bank of Patiala has confirmed that banking services at Village Nau Baram are provided through Bank Mitra.

Controlling heads of Federal Bank is requested to provide the banking services in Majri village immediately and confirm the same to Convener Bank.

Item No. 7 Implementation of DBT in Kerosene.

Department of Financial Services, Ministry of Finance, vide their e-mail dated 28th January,2016 has informed that Ministry of Petroleum & Natural Gas has decided to implement DBT in Kerosene in 33 districts in 9 States w.e.f. 1st April, 2016. 3 Districts namely TaranTarn, Pathankot and Mohali, have been identified for implementation of the DBT in Kerosene in the State of Punjab.

Convener Bank has already requested the Lead District Managers of these districts to assist the State Government and District Collectors for seeding the bank accounts in the database of kerosene beneficiaries for smooth implementation of DBT scheme.

Member banks are requested to instruct the branches of their banks in these 3 districts to seed the bank accounts of kerosene beneficiaries for smooth implementation of DBT scheme in these districts.

Item No. 8 Telephone Connectivity- Issues faced by Banks/ Bank Mitras.

The issue of low connectivity in some of the areas as reported by LDMs/Banks is being taken up by Convener Bank in the meeting with TSPs of Punjab LSA on regular basis under the Agenda papers of 137th Meeting of SLBC-Punjab

Chairmanship of Director-II TERM Punjab. Punjab Gramin Bank has confirmed that a tower has been set up at the only location with connectivity issue namely Sarti in Pathankot District and now there is no connectivity problem at this centre.

Member Banks are requested to inform the connectivity problem if any to the Convener bank so that the same can be taken up with the concerned department for resolution.

Item No. 9 Pradhan Mantri Fasal Bima Yojana.

Agriculture employs nearly half of the employed people in the country. The security and well being of farmers is thus of prime importance to the progress of the country. It is with this in mind that the Pradhan Mantri Fasal Bima Yojana was launched on 13th January 2016.

During the deliberations in the 2nd steering committee meeting to SLBC held on 28.07.2016,, the house was informed that the state government had referred the issue to Govt. of India for certain amendments in the Pradhan Mantri Fasal Bima Yojana and reply from the Central Government is awaited.

The representative of Agriculture Department/IF&B is requested to apprise the house about the fresh development in implementation of ‘Fasal Bima Yojana’ in the State of Punjab.

Item No. 10 Stand-up India Programme of Ministry of Finance.

The Stand Up India scheme, launched on April 5, ensures that women and SC/ST entrepreneurs have a fair chance at setting


up their own businesses. The scheme facilitates loans from Rs 10 lakh to Rs 1 crore for these sectors of the population.

Following are the eligibility criteria for applying for the Stand Up India:

The company must be a private limited/LLP or a partnership firm.

The company should be less than 5 years in age. The turnover of the firm should not be more than ` 25

crores. The company should be dealing with any commercial or

innovate consumer goods. For the same an approval of the DIPP is also required.

The company should have patents granted. Also few letters need to be also produced at the time of

application.

Benefits of Stand Up India.

The basic aim of the initiative is to provide expertise and encourage new entrepreneurs so as to minimize unemployment. Following are the benefits for angel investor, incubator and consultant.

If you are an angel investor then Start up India gives you the right platform where you get professional advice, time, and knowledge about laws and also they would be there to aid you for two years during the initial phase of startup. Moreover they also provide various contacts so that the entrepreneurs can utilize them for financial help.

If you are an Incubator and consultant then the initiative provides you with the right coaching and knowledge. They can guide you with expertise knowledge to shape your ideas and thoughts into a definite shape and structure.

Coverage in Stand Up India.Agenda papers of 137th Meeting of SLBC-Punjab

As a part of media awareness and reporting the following initiatives will be taken up:

A Startup India Twitter Handle An official website and application for the initiative to

create better awareness about Stand Up India.

Moreover, the motivating stories will also be blogged every day for motivating others and a dedicated Facebook page will also be set up for social awareness about the initiative.

Tax Benefits in Stand Up India.

The applicants will get 80% rebate after filling the patent application form. This can be only filled by startups and the benefits are also more for them as compared to other companies.

The progress under the scheme upto 30.06.2016 is as under:(Amt in lacs)

Total No. of Bank

Branches

Participating

Branches

Loan given to (during the qr.)

Loan o/s under the scheme

SC/ST WOMEN SC/ST WOMENA/cs Amt

.A/cs Amt. A/cs Amt. A/cs Amt.

6935 196 51 756

117

1851

98 1700

182

3520

(Bank-wise position is as per Annexure-8)

Member Banks are requested to give more thrust for making advances to tribal/dalit/women entrepreneurs through each of their branches.


During the deliberations in the 2nd steering committee meeting to SLBC held on 28.07.2016, the representative of Punjab Gramin Bank raised the issue that the limit of ` 10 lac is too high in the rural areas and it is very difficult to tap the prospective borrower under Stand up India scheme in rural areas. He requested for lowering this limit in rural areas and for inclusion of few allied activities in the Stand up India programme.


Item No. 10(i)

Activation of Standup Mitra Portal.

We have been informed by SIDBI the Nodal Agency of Stand up India scheme that with the concerted efforts of all stakeholders under SUI, the scheme and the portal are getting wider acceptance amongst the target group. However, with a view to bringing all the stakeholders on board, the following steps are required to be taken:

Maximize bank branch activations - User id and password of all bank branches have been provided across the country linking with their IFSC code. User id would be IFSC Code of that branch ( all in lower case) and password would be the same IFSC code followed by_123 (all in lower case). Upon first login, system would prompt you to change the password.

As many as 427LDMs out of 683 LDMs across country have already activated the Standup Mitra Portal. In the State of Punjab the Lead District Managers of Bathinda, Fazilka, Kapurthala, Jalandhar, Hoshiarpur & Ludhiana have activated the portal of Standup Mitra.


Convener bank vide its e-mail dated 25.07.2016 has already requested all the member banks/LDMs to activate the Stand up Mitra portal.

Member Banks/LDMs are again requested to activate their branches on the portal of Standup mitra and in case of any problem they may contact at [email protected].

Item No. 11 Pradhan Mantri Awas Yojana Housing for all by 2022-Credit Linked Subsidy Scheme-(CLSS).

The Mission, in order to expand institutional credit flow to the housing needs of urban poor will implement credit linked subsidy component as a demand side intervention. Credit linked subsidy will be provided on home loans taken by eligible urban poor (EWS/LIG) for acquisition, construction of house.

Beneficiaries of Economically Weaker section (EWS) and Low Income Group (LIG) would be eligible for an interest subsidy at the rate of 6.5 % for a tenure of 15 years or during tenure of loan whichever is lower.

The credit linked subsidy will be available only for loan amounts upto Rs 6 lakhs and additional loans beyond ` 6 lakhs if any, will be at nonsubsidized rate.

Credit linked subsidy would be available for housing loans availed for new construction and addition of rooms, kitchen, toilet etc. to existing dwellings as incremental housing.

Housing and Urban Development Corporation (HUDCO) and National Housing Bank (NHB) have been identified as Central Nodal Agencies (CNAs) to channelize this subsidy to the lending institutions and for monitoring the progress of this component. Under the Mission, beneficiaries can take advantage under one component only.


http://www.nhb.org.in/

http://www.hudco.org/

http://www.hudco.org/

mailto:[email protected]

The progress under the scheme is as under:-

Progress under Pradhan Mantri Awas Yojana-Housing for all by 2022

Loans disbursed during the quarter

Commulative position upto 30.06.2016

Number of account

Amount Disbursed (in lacs)

Number of account

Amount Disbursed (in lacs)

67 175 67 175(Bank wise position is as per Annexure-9)

The representative of National Housing Bank/HUDCO is requested to deliberate and apprise the house latest development in PMAY scheme.

ITEM NO.12 DOUBLING THE FARMER’S INCOME BY 2022

The Hon’ble Union Finance Minister in his Union Budget Speech for 2016-17 had announced doubling of Farmer’s income by 2022. Hon’ble Prime Minister expressed desire on 28.2.2016 to double the income of farmers by the year 2022, when the country completes 75 years of independence. He unveiled a seven-point strategy to double the income of farmers in six years with measures to step up irrigation, provide better quality seeds and prevent post-harvest losses. He said "In the past, the emphasis has been on agricultural output, rather than on farmers'incomes”.


With a good strategy, well-designed programmes, adequate resources and good governance in implementation, this target is achievable."

PM’s Seven strategies:

1. Big focus on irrigation with large budgets, with the aim of "per drop, more crop."

2. Provision of quality seeds and nutrients based on soil health of each field.

3. Large investments in warehousing and cold chains to prevent post-harvest crop losses.

4. Promotion of value addition through food processing.

5. Creation of a national farm market, removing distortions and e-platform across 585 stations.

6. Introduction of a new crop insurance scheme to mitigate risks at affordable cost.

7. Promotion of ancillary activities like poultry, beekeeping and fisheries.

A National Level Seminar was also organized by NABARD on their 35th Foundation Day on 12th July, 2016 at Vigyan Bhawan, New Delhi. During the seminar some important points emerged which may help augment farmers’ income if translated into action. The same is as follows:-

Simplifying the agriculture loan application forms of banks; streamlining the process so as to facilitate easier processing of applications and speedier sanction of loan etc.


Member banks are requested to take steps by making more advances to the farmers and chalk out the plan for achieving the target fixed by Hon’ble Prime Minister.

Item No. 13

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

Total 10132 unbanked villages in the above population segment were allocated to various banks in the state. Banks in the State of Punjab have covered all the 10132 villages allocated to banks and no village with population below 2000 is unbanked. The progress is as per Annexure-10.

The issue of coverage of all the villages and not to review this item further was placed in the 2nd meeting of steering committee held on 28.07.2016 and the house approved the same.

Since all the villages having population below 2000, stands covered. We may drop the item.

Item No.13(i)

Roadmap for opening brick and mortar branches in villages with population more than 5000 without a bank branch of a scheduled commercial bank.

Reserve Bank of India, vide their letter No. FIDD.CO.LBS. BC.No.82/ 02.01.001/2015-16 dated 30.12.2015 has informed that coverage of banking services in unbanked villages is skewed towards the BC model and the ratio of branches to BC is very low. For increasing banking penetration and financial inclusion, brick and mortar branches are an integral component. Therefore, RBI has decided to focus on villages


with population above 5000 without a bank branch of a scheduled commercial bank.

54 such villages has been identified and allocated to banks for opening of Brick and Mortar branches by March 2017.

During the deliberations in the 2nd steering committee meeting to SLBC held on 28.07.2016, it has been observed that no bank branch has opened any branch during the quarter, so it has been decided to prepare the quarter wise road map and monitor the progress accordingly. Now as per the revised road map banks will open 30% Brick and Mortar branches in the allocated villages by September 2016, 30% by December 2016 and rest 40% by March 2017. The banks to whom

only 1 or 2 centre were allocated will open the same by December 2016 and from the next quarter the progress of the banks will be reviewed accordingly. (Copy of revised road map is attached as per Annexure-11 which is submitted for approval of the house).

Convener bank is receiving representations from many banks that the identified centre for opening of branch is not viable on account of one or another reason. In this context, we again reiterate the clarification by Regional Director RBI that once the allocation has been made branch has to be opened. Since opening of Brick and Mortar branch at the centre having population above 5000 is as per the instructions of Ministry of Finance, we request all the concerned banks not to send any reference and open the branch as per the instructions of Ministry of Finance.

Controlling Heads of all the concerned banks are requested to note the instructions of RBI and ensure to


open the branch at the identified centre as per the road map submitted by them.

Item No.14 Issues of Unique Identification Authority of India (UIDAI).

A.District Wise Aadhaar Saturation (Status as on 28 th Jul’ 2016)

District Estimated Population (2015)

Aadhaar Generation %age Aadhaar Generation

Ludhiana 3689068 4048181 109.73%Jalandhar 2307600 2339915 101.40%Rupnagar 722766 724926 100.30%SBS Nagar 649799 651178 100.21%Hoshiarpur 1674091 1648037 98.44%Fatehgarh Sahib 634412 623619 98.30%Kapurthala 864832 843447 97.53%Patiala 2001432 1946639 97.26%Gurdaspur & Pathankot 2430894 2360942 97.12%Moga 1049526 1018438 97.04%Faridkot 653656 633417 96.90%Sri Muktsar Sahib 954771 923997 96.78%Barnala 630689 602611 95.55%Amritsar 2634569 2516942 95.54%Mansa 813154 774897 95.30%Sangrur 1749837 1665688 95.19%Tarn Taran 1184678 1118536 94.42%Bathinda 1468971 1379318 93.90%Ferozepur & Fazilka 2146114 2015330 93.91%SAS Nagar (Mohali) 1043029 949560 91.04%Grand Total 29303888 28785618 98.23%

* As per PRAGATI review Aadhaar Saturation will be taken as per estimated population of 2015.


** The pending population is mostly in the age group 0-5 years (9.5 Lac) and 5-18 years (10.12 Lac).

A.DBT in Scholarships - Aadhaar has been made mandatory by Govt. of India for

disbursal of all Scholarships schemes.- Aadhaar seeding in Bank Accounts of Scholarship

beneficiaries needs to be expedited in liaison with Nodal Departments.

- Status of Pre-Matric SC/OBC & Post-Matric SC/OBC for the year 2015-16 is mentioned below:-

Name of Scheme

Total Beneficiari

es

Aadhaar

Seeding%

Aadhaar Seeding

Bank Seedin

g% Bank Seeding

Pre Matric SC/OBC

390444 380058 97.3% 224435 57.5%

Post Matric SC/OBC

402630 377698 93.8% 243752 60.5%

B. Pradhan Mantri Jan Dhan Yojana- Aadhaar no. to be got seeded in all the bank accounts at the earliest.- Latest Status of Aadhaar Seeding in PMJDY a/c’s is as below

(Status as on 27th Jul’ 2016):-

State NameTotal

Accounts Aadhaar Card Seeded

%age Aadhaar Seeding

PUNJAB 49,61,772 39,20,773 79.02%Agenda papers of 137th Meeting of SLBC-Punjab

Punjab is at 2nd position in seeding of Aadhaar in the PMJDY accounts after Lakshadweep. The remaining accounts may also be seeded with Aadhaar at the earliest as most of population > 18 years age group in the state of Punjab is already having Aadhaar number.

C.MGNREGAIn state of Punjab, Aadhaar seeding in respect of active MGNREGA workers is 97.78%, which is highest in the country. However total number of workers converted into Aadhaar based payments is about 70%. It is observed that still large number of cases are pending for Bank seeding. (Status as on 27th July’ 2016):

DistrictTotal

Workers

Total Number

of Aadhaar Seeded

Aadhaar No.

%

Total No. of

Workers Converted

into Aadhaar Based

Payment

Pending to be

converted into APB

AMRITSAR 20368 20176 99.06% 11174 9002BARNALA 26760 26614 99.45% 21398 5216BHATINDA 62033 61127 98.54% 43302 17825FARIDKOT 42569 42524 99.89% 33724 8800FATEHGARH SAHIB 35742 35604 99.61% 27478 8126Fazilka 82581 81685 98.92% 56595 25090FEROZEPUR 36784 35998 97.86% 23476 12522GURDASPUR 18742 18504 98.73% 13106 5398HOSHIARPUR 47207 46821 99.18% 36131 10690JALANDHAR 15792 15685 99.32% 10919 4766


KAPURTHALA 22235 22163 99.68% 15613 6550LUDHIANA 60540 57348 94.73% 41485 15863MANSA 58345 57603 98.73% 44102 13501MOGA 56923 56803 99.79% 40544 16259MUKATSAR 71570 65511 91.53% 41568 23943NAWANSHAHR 16838 16827 99.93% 13418 3409Pathankot 9864 9712 98.46% 6893 2819PATIALA 71182 69189 97.20% 54757 14432ROPAR 15463 15349 99.26% 10868 4481SANGRUR 56382 54764 97.13% 39598 15166SAS NAGAR MOHALI 14131 14066 99.54% 8639 5427TARN TARAN 28337 27026 95.37% 16238 10788

Total 870388 851099 97.78% 611026 240073

* Bank wise pending data will be shared by SLBC with Respective Banks, once it is received from Ministry of Rural Development. All bankers are requested to get the same seeded at the earliest.

D.DBTL Scheme

The modified DBTL scheme has been successfully launched in all the 22 Districts of Punjab. At present Aadhaar seeding in LPG database is 90.17 % & in Bank database (ATC) is 82.51 %. So still there are more than 7% customers which need to be converted to ATC. Banks may take immediate necessary action in coordination with OMCs to seed Aadhaar in the bank accounts.

District wise Status, as on 2nd Aug’ 2016, is as under:-


DistrictNo. of LPG Consumers

LPG Aadhaar Seeding As On Date

% LPG Aadhaar

Seeding As On Date

Bank Aadhaar Seeding (ATC) As on Date

% Bank Aadhaar Seeding (ATC) As on Date

Barnala 116333 111705 96.02% 106245 91.33%Faridkot 128177 125008 97.53% 118513 92.46%Fatehgarh Sahib 121228 112198 92.55% 106104 87.52%Jalandhar 523615 489219 93.43% 467130 89.21%Ludhiana 999088 911976 91.28% 842329 84.31%Nawanshahr 119827 112599 93.97% 108280 90.36%Amritsar 556075 481021 86.5% 436604 78.52%Bathinda 301161 268442 89.14% 245627 81.56%Fazilka 215621 199609 92.57% 175584 81.43%Firozpur 175322 163371 93.18% 146048 83.3%Gurdaspur 349955 317615 90.76% 291311 83.24%Hoshiarpur 348425 297616 85.42% 272646 78.25%Kapurthala 221450 200805 90.68% 187192 84.53%Mansa 145591 135889 93.34% 118739 81.56%Moga 207757 186353 89.7% 165530 79.67%Muktsar 190942 171197 89.66% 156633 82.03%Pathankot 149654 130682 87.32% 117403 78.45%Patiala 433058 385370 88.99% 349080 80.61%Rupnagar 136282 120029 88.07% 105264 77.24%Mohali 302835 245007 80.9% 221557 73.16%Sangrur 349533 322705 92.32% 287989 82.39%Tarn Taran 194302 179659 92.46% 161012 82.87%

Total 6286231 5668075 90.17% 5186820 82.51%

As per latest directions from Ministry of Petroleum & Natural Gas (Annexure-5), Subsidy will only be transferred to eligible customers having Aadhaar seeding in LPG.

Subsidy of BTC customers who have not seeded Aadhaar will be kept on hold till 30.09.16 after which the parked


subsidy will lapse and the customer would not be eligible for subsidy of refills consumed after 1.10.2016 till he submits Aadhaar to LPG distributor.

During the deliberations in the 2nd Steering Committee meeting to SLBC held on 28.07.2016, the representative of UIDAI apprised the house that after 30th September no subsidy will be given in Scholarship schemes if Aadhaar is not seeded in the account. He requested the member banks for seeding of Aadhaar in all the scholarship accounts latest by 21st August positively. It was also decided that LDMs should take up with the respective bank in his district where Aadhaar seeding is low and the progress will be reviewed at SLBC level.

Member banks are requested to note down the above instructions/ decisions taken in the meeting and ensure meticulous compliance of the same.

The representative of UIDAI is requested to deliberate and apprise the house about the expectations and concerns of UIDAI.

Item No. 15 Aadhaar Based Jeevan Praman Patra (Digital Life Certificate)-Appointment of banks as facilitators.

Department of Electronics and IT, Ministry of communications and I.T. Government of India has developed “ Jeevan Praman (Digital Life Certificate Portal). The Jeevan Praman uses Aadhaar Platform for biometric authentication of the Pensioner. The pensioners with Aadhaar number can biometrically authenticate their presence by giving Aadhaar Number, Pension Payment Order Number, Bank Account Number and Mobile Number.

Department of Electronics and IT, Ministry of communications and I.T. Government of India has appointed banks for facilitating Aadhaar Based Jeevan Praman Patra (Digital Life Agenda papers of 137th Meeting of SLBC-Punjab

Certificate) at any of their branches and Bank Mitra locations. Now banks can work as Facilitation Centre on the lines of around 40000 citizen service centres (CSCs) presently run by UIDAI for collecting and receiving Aadhaar Based Jeevan Praman Patra from Pensioners of Central Civil, Defence, Railways, Postal, EPFO etx. and other pension sanction authorities including State Government Pensioners.

In a recently meeting held on 14.07.2016 by Principal Secretary, Finance, Govt. of Punjab, following decisions were taken:

The State Government has already issued amendment to procedure of pension payment regarding acceptance of Aadhar Bio-Metric authenticated life certificate recorded on Jeevan Parman website(www.jeevanparman.gov.in).

Banks be instructed to hold camps where pensioners can be sensitized to use of digital life certificate facility.

Banks be instructed to train and sensitize BCAs appointed by them on the use of submitting digital life certificate through the Punjab Govt. website to help pensioners record their life certificate digitally.

Member banks are requested to ensure implementations of above decisions taken in the meeting.

The following banks have confirmed that their branches can act as facilitator for Aadhaar based Jeewan Parman Patar:

PNB, SBOP, P&SB, OBC, Canara Bank, Corporation Bank, Dena Bank, Indian Bank, SBI, UBI, UTBI, IDBI, J&K Bank, HDFC & PGB.

As per the information received from banks 30882 persons have recorded their life certificate included family pension


http://www.jeevanparman.gov.in/

digitally in the year 2015-16. Bank wise position is as per Annexure-12.

All the remaining banks are requested ensure their bank is Aadhaar Based Jeevan Praman Patra (Digital Life Certificate) compliant.

Item No. 16 Financial Literacy Centres (FLCs)

Reserve Bank of India vide their circular. No. FIDD.FLC.BC.No.18/12.01.018/2015-16 dated 14.01.2016 has issued revised guidelines of Financial Literacy Centres and convener bank has already circulated the said guidelines to all the member banks/LDMs. The information as per the statement for the q.e. June 2016 is as under:-

All 127 (22 at District Level and 105 at Block Level) FLCs conducted 973 special target group camps in the State of Punjab.

63 FLCs conducted 380 special target camps for people newly inducted into the Financial System in the State of Punjab.

3024 number of rural branches have conducted 2507 special camps during the quarter and number of target specific camps conducted during the quarter are 1904.

(District wise detail of holding the camps is as per Annexure-13)

During the deliberations in the 2nd Steering Committee meeting to SLBC held on 28.07.2016, Shri Ashok Gupta, General Manager and chairman of the meeting desired that in order to have perceptible improvement in conducting of FLC camps, some targets be allocated to banks. Accordingly it has been Agenda papers of 137th Meeting of SLBC-Punjab

decided that each FLC must conduct at least two FLC special target camps in a week and member banks are requested to ensure to conduct the camps. Member banks are requested to note the above decision taken in the meeting and ensure meticulous compliance of the same.

The house may deliberate

Item No.16(i)

Financial Literacy Project in Schools

Ministry of Finance vide their communication dated 10.03.2016 has directed all banks to organize financial literacy programs in schools to implement the pilot project on financial literacy on Pan India basis. Lead District Manager has already mapped the 100 schools per district with bank branches operating in the district and Convener Bank has sent the mapped list to controlling heads of all the banks. Further Ministry of Finance has desired that controlling heads of banks should take the following actions for successful implementation of Financial Literacy project in schools:-

1.Mapped bank branches will arrange for sensitization/ training of branch staff/ other delivery channels to be involved in financial literacy on the methodology.

2.Standardized FL material developed by DFS in association with IBA is available on website pmjdy.gov.in .The material in the form of Classroom presentation (PPT), Flip Chart, Workbook, Multiple choice Questions, Parent checklist and quiz is available in 10 vernacular languages and banks can download the material from the link http://pmjdy.gov.in/literacy for further use.Agenda papers of 137th Meeting of SLBC-Punjab

http://pmjdy.gov.in/literacy

3.Wherever there is supporting infrastructure in the form of laptop, computer, projector etc. classroom presentation (PPT) in executable format is to be used for delivery of financial literacy sessions. Flipcharts should be used in case of infrastructure constraints.

4.Two sessions each of one and a half hours will be organized on two days to inculcate the basics of financial literacy in the target audience.

a) Session 1- In the first session, knowledge on basis concepts of banking will be imparted using Classroom presentation/Flipcharts, as applicable, and handouts in the form of workbook, Multiple Choice Questions, and parent checklist (for filling by students in consultation with parents/ grandparents) will be provided to the students. The students will be asked to go through the handouts and come prepared for the quiz to be organized is session two. Roles will also be assigned to students for the group activity in session 2.

b) Session 2- In this session, knowledge on Elementary insurance and social security schemes will be imparted to students. Films on social security schemes, part of presentation (exe.), will also be shown. Short Skit will be conducted by students on the basis of the roles assigned on day 1. Quiz competition will be held from the question bank of MCQs already shared with students on day 1.Therafter the session will conclude with prize/certificate distribution.

Banks will be the nodal point for reporting and updating the progress made in conducting FL camps in schools to mission office on the prescribed format.

5. NABARD, vide their circular no. 240/DFIBT-33/2015 (already been shared with banks on 1st March 2016) placed below, have requested banks to submit proposals on organizing Financial Literacy programs for financial assistance maximum of ` Agenda papers of 137th Meeting of SLBC-Punjab

15000/- per camp under FIF. Banks may submit proposals to Nabard’s regional offices or to corporate office Mumbai for multiple states in accordance with the guidelines in the matter.

6. As FL is an ongoing process, it should be conducted by banks on a regular basis and not be viewed as a one-time activity.

Department of Institutional Finance and Banking vide their letter dated 29.04.2016 has requested DPI Punjab for issuing instructions to all the District Education Officers in the state for extending cooperation in conducting of camps at school and for providing information/data in this respect to LDMs.

The position of holding of camps as on 30.06.2016 is as under:-

No. of school mapped

No. of camps organized

No. of Student participated

2200 483 43684(District-wise position is as per Annexure-7)

During the deliberations in the 2nd Steering Committee meeting to SLBC held on 28.07.2016, it has been decided that each branch/FLC will conduct minimum one camp in each school mapped.

Member banks are requested to apprise their staff on the process flow to be followed and ensuring printing, distribution of FL material as per the specifications and for conducting of camps in schools for implementation of financial literacy project in the schools and ensure to conduct minimum one FLC camp in each school mapped during the quarter.


Item No.16(ii) Opening of Financial Literacy Centres (FLCs) at block level.

The third important pillar focuses on preparing the people for financial planning and availment of credit. Ministry of Finance has observed from the experience of micro finance firms as well as Self Help Groups that, before availing credit, people needs 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.

In the State of Punjab, 105 FLCs are functioning at block level as on 30.06.2016 against the target of 147.

The bank wise position in opening of FLCs at block level is attached at Annexure-13(i).

During the deliberations in the 2nd Steering committee meeting to SLBC held on 28.07.2016,Chairman, Punjab Gramin Bank apprised the house that NABARD has not permitted gramin banks to open the FLC at block level as such the FLC allocated to them to be opened at Gharota in Pathankot district be allocated to some other bank. Shri Ashok Gupta, General Manager and chairman of the meeting, decided that the FLC at Gharota in Pathankot be allocated to some other bank.

Controlling heads of the banks, who are yet to open an FLC at block level are again requested to open the FLC at the allocated centre at the earliest and LDM Pathankot is requested to allocate the Gharota centre to some other bank.


Item No.17 Setting up of Rural Self Employment Training Institutes (RSETIs)

There are 22 districts in the state of Punjab and as per MORD directions, RSETI is need to be opened in each district. The same was also approved by SLBC. Presently, 17 RSETIs are functioning under MORD guidelines at Amritsar,Bathinda, Barnala, Faridkot, Fatehgarh Sahib, Ferozepur, Hoshiarpur, Jalandhar, Kapurthala, Ludhiana, Mansa, Moga, Mohali, Muktsar, Patiala, Ropar, Sangrur. Apart, 2 additional RSETIs i.e. Dhudike of PNB and Tapa Mandi of Canara Bank started at the initiative of concerned bank are functioning.

The RSETIS are not functioning in 5 districts viz. Gurdaspur, Nawanshahr, Tarn Taran, Fazilka & Pathankot where neither temporary accommodation for starting the functioning of RSETI nor land for construction of RSETI has been given. At Jalandhar district also land is not allotted.

In District SAS Nagar (Mohali), land was allotted at village Bhago Majra. GAMADA has not given NOC and stated that the road has come under master plan / National Highway and accordingly 200 feet land is to be left as greenbelt (no construction zone) leaving very less land for construction building. As such alternate land is also to be identified and application by LDM Mohali hasmoved fresh application to DC, Mohali.

(Performance of the RSETIs functioning in the State up to June-2016 & status of land allotment is given on Annexure-14 & 14(i).From the data on progress of RSETIs up to June-2016, it has been observed that:-

1896 training programmes of skill development were organized wherein 49839 trainees participated.


7796 trainees were financed by the banks to start their Enterprises and 18018 trainees set up their enterprises through owned funds.

Out of total 49839 trainees, 30589 were from SC/ST category, 6701from OBC, 1670 from minority and 10879were from other categories.

35921 Women and 294 Handicapped persons were also provided training for self-employment.


Item No.17(i) Ministry of Rural Development revised guidelines for setting up of RSETIs.

Recently, MORD vide their letter No I - 2011/02/2015-NRLM(RSETI) Government of India, Ministry of Rural Development (NRLM Division) dated 18th May 2016,had communicated as under:

"After evaluating the performance of the construction work that had happened since then, it has now been decided that the time limit for obtaining the Administrative Approval and / or claiming the first instalment has been extended to 31.12.2016 and that for claiming of second installment for completion of construction work to 30.6.2017."

Keeping in view the captioned instructions of MORD, state Government may take immediate steps for allocation of land for RSETIs as per provision of MORD circular F.NO:-I-I2011/19/2008-SGSY(Trg.) Government of India, Dated 31 December 2010 so that these 5 districts are not deprived of RSETIs.

There are two issues which need to be redressed by Rural Development and panchyat Department Govt. of Punjab as under:-Agenda papers of 137th Meeting of SLBC-Punjab

1. Allocation of land for construction of RSETIs Building at above 7 sites i.e Gurdaspur, Nawanshahr, Tarn Taran, Fazilka, Pathankot, Jalandhar & Pathankot.

2. Rural Development and panchayat Department is fixing lease rental on the prevailing policy of state Government to provide land on lease. It is desired to fix lease rental as per MORD guidelines dated 31/12/2010 to charge nominal Charges only.

In this context,in the 136th meeting of SLBC held on 12/5/2016, Principal secretary, industry and commerce Govt. of Punjab strongly insisted that the decision would be reversed by the intervention of Director/Secretary of panchayat as the sole purpose of establishing RSETI is providing training to unemployment youths and creating self employment. RSETI is not earning any income at its own.

Convener bank has already taken up the matter with the Rural Development Department, Govt of Punjab vide letter dated 27/5/2016, 28/7/2016, 2/8/2016 for sorting out the issue and fix lease rental as per MORD guidelines.

During the deliberations in the 2nd Steering Committee meeting to SLBC held on 28.07.2016, it was decided that RSETI at Gurdaspur must be started well before the 138th SLBC meetings which is scheduled to be held on 14.11.2016. In this context, Rural development department was requested to take initiative for allotment of land at the earliest to enable the bank to start the operation of RSETI.

In respect of RSETI at Pathankot, it was pointed out that the building of Rajiv Gandhi Sewa Kender at Gram Panchayat, Manwal (Pathankot Block) is yet to be handed over to the bank for starting of RSETI.


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 in view of the revised guidelines for setting up of RSETIs in the remaining district and for fixing of lease rental as per MoRD guidelines.

Item No.17(ii) Electricity charges being charged at RSETIs in the State of Punjab.

Convener Bank vide their letter dated 24.05.2016 has sent the instructions of Ministry of Rural Development to Director, Rural Development & Panchayats vide which it is clarified that RSETIs are engaged in training of unemployed youths, as per Govt. of India guidelines they should not be treated as commercial establishments and hence charges as applicable to domestic rates need only be collected.

Secretary Rural Development and Panchayats, Govt. of Punjab, vide his DO letter to the Chairman, Punjab State Power Corporation and to the Secretary, Water Supply and Sanitation Department, has requested to issue necessary instructions for charging of domestic rates on electricity and water being consumed in RSETIs functioning in the State of Punjab. Convener bank vide its e-mail dated 21.07.2016 has already sent the copy of the DO letter to the Lead District Managers and have requested they to ensure that domestic charges are being charged for electricity and water in the RSETI functioning in their district. Copy of the DO letter is attached as per Annexure-15 for reference of the house.


Item No.18 Unrecognized Clusters of MSME and Agenda papers of 137th Meeting of SLBC-Punjab

availability of banking outlets and credit flow in such clusters.

Reserve Bank of India has conducted study to find out unidentified/Unrecognized Clusters of MSMEs in India and has identified 1161 such clusters in India. It has further been observed in the study that 74% of these MSMEs clusters are not linked to banking system for providing credit flow to these clusters.

4 such clusters have been identified in the State of Punjab i.e 1 each at Ludhiana and Moga and 2 at Patiala. The Detail of these clusters is given on Annexure-16).

Convener bank vide its e-mail dated 20.07.2016 has already requested the Lead District Managers of concerned districts and controlling heads of all the banks to consider extending banking facilities to such clusters either through Brick and Mortar Branch or through BC, wherever feasible.

Controlling heads of member banks are again requested to consider extending banking facilities to such clusters either through Brick and Mortar Branch or through BC, wherever feasible and send the report to Convener Bank.

Item No.19 Distribution of Food Grains through Public Distribution System in the State of Punjab

In order to make the Public Distribution System (PDS) transparent and auditable, Punjab Government has drawn up an ambitious plan to start the distribution of food grains under PDS through swap of Aadhaar enabled Rupay Cards of the family head.


The Chip of Rupay Cards will have Aadhaar Number encrypted in it besides present data. The special POS machine will read Aadhaar Number from data base of Food Supply Department who have confirmed that entire data of PDS system has since been digitised in Punjab.

The payment of food grains so issued under PDS will be debited to the corresponding PMJDY account of beneficiary upon swap of Aadhaar enabled Rupay Cards. This system besides keeping transparacy in PDS, will also ensure that there are transactions in PMJDY accounts and Rupay Cards so issued will get activated automatically. This will also ensure that the transaction in the account thereby enabling beneficiaries to get insurance coverage available in PMJDY accounts under Social Security Schemes of Government of India.

In a meeting held on 20.07.2016, the NPCI was represented by Shri Rajesh Prasad, Senior Vice President who confirmed that NPCI has approved the system and the card design. There are about 30 lacs registered Ration Cards in the State and soft copy of the district-wise data containing name, parentage and Aadhaar Number of beneficiaries will be soon forwared by Convener Bank to all the banks who in turn, are requested to interpretate the data based on Aadhaar Number of the account holders captured by them in their data base. This will enable banks to know the account number of a particular beneficiary which in turn, can be shared with Food department for further necessary action. Thereafter, fresh Rupay Cards containing Aadhaar Number will have to be issued to those account holders.

Member banks are requested to take up the issue with their Head Office for doing the needful at the earliest.


Item No.20 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 June-2016 is as follows:-

(Amount `in Lakh)Target for Debt Swap (on the basis of 3% of Agriculture)

Achievement Under

Debt Swap 2016-17

up to June-16

%ageAchievement

Public Sector Banks

343339 32230 9

Pvt.Sector Banks 85707 4909 6RRBs 39280 10668 27Coop. Bank 167668 21221 13

Total 635994 69028 11(Bank wise progress is as per Annexure-17{Page -104)

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. 21 Review of Performance of Banks (excluding Coop. Banks) in key areas relating to Deposits, Advances & Priority Sector Advances.


The comparative position of key banking parameters is given below:-

(Amount ` in crore)Paramete

rAs At Variation

June2014

June2015

June2016

June 2015/ June 2014

June. 2016 / June. 2015

Absolute

%age Absolute

%age

Branches 5469 5845 6112 376 6.87 267 4.56Agg. Dep. 23883

0274395

305154

35565 14.89

30759 11.20

Advances 183479

203557

212386

20078 10.94

8829 4.33

PS Adv. 96990 114661

122834

17671 18.21

8173 7.12

Agri. Adv. 47057 59726 67956 12669 26.92

8230 13.77

MSME Adv.

41187 43102 44149 1915 4.64 1047 2.42Weaker Sector Adv.

31231 36272 39908 376 6.87 3636 10.02

(Bank-wise position as at June-2016 is given in Annexure-18 & 18(i-iii) {Page No.105-108}

Item No.21(i)

Branch Expansion

270 new branches of Commercial Banks were opened in the State during the period from 1st July 2015 to 30th June 2016, thus raising the network of branches from 5845 as at 1stJuly 2015 to 6112 as at 30th June 2016. Area wise analysis is summarized below:-

As At VariationAgenda papers of 137th Meeting of SLBC-Punjab

Number of Branches

June2014

June2015

June2016

June 2015/June 2014

June 2016/June 2015

Absolute AbsoluteRural 2326 2507 2623 181 116S. Urban

1633 1768 1843 135 75

Urban 1510 1570 1649 60 79Total 5469 5845 6115 376 270

Observations

During the review period, increase in number of branches in rural areas of Punjab was of the order of 116

This is followed by Semi-urban areas, which registered an increase of branches to the tune of 75

Whereas the increase of branch network in urban areas was 79.

This is for information of the House.

Item No. 21(ii) Deposit Growth.

The aggregate deposits of the Banks in Punjab increased by ` 30759 crore from ` 274395 crore as at June 2015 to ` 305154 crore as at June2016, thus posting a growth of 11.20% as against an increase of 14.89% during the corresponding period last year.

(Amount ` in Crore)

AggregateDeposits

As At VariationJune2014

June2015

June2016

June 2015 / June2014

June 2016 / June2015

Absolute

%age Absolute

%age

Rural 55047 63359 70781 8312 15.09 7422 11.71Agenda papers of 137th Meeting of SLBC-Punjab

Semi Urban

73491 87700 95002 14209 19.33 7302 8.32

Urban 110292

123336

139371

13044 11.82 16035 13.00

Total 238830

274395

305154

35565 14.89 30759 11.20

Observations

During the review period, the deposits in urban areas have increased by 13.00%, in semi urban area have gone up by 8.32% and in rural areas the deposit growth is 11.71%.


Item No. 21(iii)

Credit Expansion

Gross credit in the State increased by ` 8929 crore, from ` 203557 crore as at June-2015 to ` 212486 crore as at June 2016, thus exhibiting a growth of 4.38 % as against 10.94 % during the same period last year.

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

Total Advance

s

As At VariationJune2014

June2015

June2016

June 2015 /June 2014

June 2016 /June 2015

Absolute

%age Absolute

%age

Rural 33452 38154 41966 4702 14.05 3812 9.99

Semi Urban

47526 59954 65708 12428 26.14 5754 9.59

Urban 102501

105449

104812

2948 2.87 -637 -0.60

Total 183479

203557

212486

20078 10.94 8829 4.33


Observations

During the review period, there is marginal decline of 0.60% in advances in urban areas whereas in semi urban & rural areas there is growth of 9.99 % & 9.59% respectively.


Item No.21(iv) Position of ATMs

The position in installation of ATMs as on 30.06.2016 is as under:-

ATMs opened

during the quarter

Position as on

30.06.2016

No. of off Site ATMS

On site ATMs

124 7606 2453 5153(Bank-wise position as at June-2016 is given in Annexure-19)

{Page No.109-111}

124 ATMs has been installed during the quarter ending June 2016. Total number of ATMs in the State of Punjab is 7606 out of which 2453 are offsite and 5153 are on site.


Item No.21(v) 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 Agenda papers of 137th Meeting of SLBC-Punjab

Sub-Committee (SSC) of District Level Consultative Committee (DLCC) was to be constituted in districts with CD Ratio of less 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. Lead District Managers of all these four districts have convened the Special Sub-Committee meeting and have submitted the revised road map for achieving the level of 60% as under:-

District Date of Meeting

Monitorable Action Plan

Jalandhar 29.06.2015 40% by 31.03.2016 50% by 31.03.2017 60% by 31.03.2018

Kapurthala 22.07.2015 38% by 31.03.2016 44% by 31.03.2017 50% by 31.03.2018 56% by 31.03.2019 60% by 31.03.2020

Nawanshahar

22.07.2015 44% by 31.03.2017 50% by 31.12.2018 56% by 31.03.2019 60% by 31.03.2020

Hoshiarpur 30.06.2015 35% by 31.03.2016 40% by 31.03.2017 45% by 31.03.2018 50% by 31.03.2019 55% by 31.03.2020


60% by 31.03.2021

The comparative position of Monitorable Action Plan and CD Ratio (net of NRI deposits) as at June 2016 & June 2015 of these four districts is given below:-

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

CD Ratio % (including NRI Deposits) as at June 15

CD Ratio % (including NRI Deposits) as at June 16

GrowthJune 16/ June 15(PPs)

CD Ratio % (Net of NRI Deposits)as at June 15

CD Ratio % (Net of NRI Deposits)as at June 15

GrowthJune 16/ June 15(PPs)

Jalandhar 60 (Mar.18) 31.00 31.00 0.00 38.00 41.00 +3.00

Kapurthala 60 (Mar.20) 30.97 28.22 -2.75 40.06 35.21 -4.85

Nawanshahr

60 (Mar.20) 36.85 35.10 -1.75 47.68 46.43 -1.25

Hoshiarpur 60 (Mar.21) 30.33 30.80 +0.33 55.10 53.39 -1.71

Observations:- The CD Ratio (including NRI deposits) has increased in

district Hoshiarpur, it remains stagnant in Jalandhar and declined in Kapurthala and Nawanshahar districts. The CD ratio net of NRI deposits increased in Districts Jalandhar whereas the same has declined in District Kapurthala, Nawanshahar & Hoshiarpur.

The concerned LDMs are requested to continue to review the CD Ratio in the meetings of Special Sub Committee of DCC.

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

Item No. 21 v (i) 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 % VariationJune 2014 77.70June 2015 74.18 -3.52June 2016 70.32 -3.86

(Bank wise CD Ratio as at June 16 is as per Annexure-20. {Page 105} (District wise CD Ratio as at June 16 is as per Annexure-20(i) {Page 106}.

Observations:- During the period under review overall CD Ratio of Commercial Banks for the State of Punjab decreased by 3.86 PPs from 74.18% as at June-2015 to 70.32% as at June-2016.

The House may review the overall CD Ratio.

Item No. 21 v (ii)

CD Ratio - Rural Areas

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

Period Rural VariationPPsDeposit Advances CD Ratio

%June 2014 55047 33452 60.76June 2015 63359 38154 60.21 -0.55


June 2016 78414 48988 62.47 +2.26

Observations

During the review period, the CD Ratio of Rural areas has increased by 2.26 % from 60.21% as at June-15 to 62.47% as at June-16.


Item No. 21 v (iii)

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 %

June 2014 73491 47526 64.66June 2015 87700 38154 68.36 +3.70June 2016 99663 69577 69.81 +1.45

Observations During the review period, the CD Ratio of Semi Urban areas has increased by 1.45 PPs from 68.36% as at June-15 to 69.81 % as at June-16.


Item No.21 v (iv)

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%

June 2014

110292 104600 94.83

June 2015

123335 105449 85.49 -9.34

June 2016

141199 105954 75.03 -10.46

Observations:

During the review period, the CD Ratio of Urban areas has decreased by -10.46 PPs from 85.49% as at June-15 to 75.03% as at June-16.


Item No. 21 v (v)

CD Ratio on the basis of credit as per utilization and Resource support under Rural Infrastructure Development Fund of NABARD.

NABARD has provided resource support of ` 2249.12 crore up to June. 2016 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 be 71.02%.

Item No. 21 v (vi)

Credit plus Investment to Deposit Ratio


Investments made in the State Govt. bonds by the banks to the tune of ` 3645.10 crore when added to the credit provided by banking system in the State and the flow of credit has gone up to ` 216131 crore. For the period ended June- 2016 the “Credit plus Investment to Deposit Ratio” is as follows:-

(Amount ` in crore)Deposits

Advances plus investments in State Government Bonds

(C+I)/D Ratio

305154 216131 70.82(Detail of investment in securities & Bonds as per Annexure-21) {Page 114}

Item No. 21 v (vii)

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 78.31% as per detail given as under:- (Amount ` in crore)S.No. Particulars Deposits Advances CD

Ratio1 Commercial Banks/RRBs. 305154 212486 69.632 Including Cooperative

Banks 319276 224518 70.32

3 Including Punjab Agri. Dev. Banks*

319276 226374 70.90

4 Including Financial Institutions**

319276 226623 70.98*Advances PADB (` 1855.82 ) **Financial Institutions PFC (` 103.40 crore), PSIDC (` 145.84 Crore).CD Ratio of Financial System as at June 2016 is 70.98%.


Item No. 21 (vi)

Priority Sector Advances


During the period under review, Priority Sector Advances in Punjab grew by ` 8273 crore, from ` 114661 crore as at June-2015 to `122934 crore as at June-2016 thus showing a growth of 7.21% as against an increase of ` 17671crore or 18.21% during the corresponding period previous year. The share of incremental PS advances to incremental advances during the period under review is 92.65%.

Item No. 21 (vii) Agriculture Advances

The Agriculture Advances in the State during the period under review witnessed an increase of `8260 crore, from ` 59726 crore as at June-2015 to ` 67986 crore as at June-2016 thus showing a growth of 13.82% as against an increase of ` 12669 crore or 26.92% during the same period last year.

The share of incremental agriculture advances to incremental advances during the period under review is 93.50 %.

Item No. 21 (viii)

Advances to Micro, Small & Medium Enterprises (MSMEs) in Priority Sector.

The Advances to Micro & Small Enterprises (MSEs) in the State during the period under review witnessed an increase of `1077 crore, from ` 43102 crore as at June-2015 to ` 44179 crore as at June-2016 thus showing a growth of 2.49 % as against an increase of ` 1915 crore or 4.64% during the same period last year.

Item No.21 (ix) Advances to Weaker Sector


During the period under review, the advances to Weaker Sector increased by `3636 crore, from ` 36272 crore as at June-2015 to `39908 crore as at June-2016, thus registering a growth of 10.02% as against an increase of ` 5041 crore or 16.14% during the same period last year.

Item No. 22 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 onJune2014

June2015

June2016

a) Priority Sector Adv. to Net Bank Credit

40 52.33

56.25

54.93

b) Agriculture Adv. to Net Bank Credit

18 25.39

31.06

31.88

c) Small & Marginal Farmers 7 NA NA 15.09d) Micro Enterprises 7 NA NA 8.20e) Export Credit 2 NA NA 1.20f) Weaker Sector Adv. To Net Bank

Credit10 16.8

518.33

18.66

g) CD Ratio (Rural) 60 62.47


63.00

66.25

h) CD Ratio (S-Urban) 60 69.81

i) Women Beneficiaries Advances to NBC

5 6.10 5.90 7.26

[Bank-wise performance under National Goals is as per Annexure-22 & 22(i) {Page 115-116].Observations:

The ratio of Priority Sector Advances to Net Bank Credit as at June.2016 stands at 54.93% as against National Goal of 40%.

The share of Agriculture Advances to Net Bank Credit, as at June.2016 is 31.88% against the National Goal of 18%.

The share of Small and Marginal Farmers to Net Bank Credit, as at June.2016 is 15.09% against the National Goal of 7% (to be achieved by March 2016).

The share of Micro Enterprises to Net Bank Credit, as at June.2016 is 8.20% against the National Goal of 7% (to be achieved by March 2016).

The share of Export credit to Net Bank Credit, as at June.2016 is 1.20% against the National Goal of 2%.

The advances to Weaker Sector are 18.66% of Net Bank Credit, as against National Goal of 10%.

The CD Ratio of Rural area is 62.47% against the national goal of 60%.

The CD Ratio of Semi Urban area is 69.81% against the national goal of 60%.

The advances to Women Beneficiaries constitute 7.26 % of Net Bank Credit, against the National Goal of 5%.


Item No. 23 Education Loan achievements.

The performance of Scheduled Commercial Banks as on 30.06.2016 for

the financial year 2016-17 is as under:-

(Amount` in Crore)Agenda papers of 137th Meeting of SLBC-Punjab

Year Accounts Balance O/S

IncreaseAbsolute %age

June 2014 35680 1108.98 150.48June 2015 35372 1187.29 78.31 7.06June 2016 45940 1605.93 418.64 35.26

(Bank-wise position as at June 2016 is as per Annexure-23) {Page 117}.

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

Item No. 23(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 account

Amount

2031 71.34 1679 69.44 82.66 97.33 (Bank-wise position as at June.2016 is as per Annexure-23 {Page 117}

During the quarter ended June.2016, the banks in the State of Punjab have made 2031 education loans amounting to ` 71.34 crores, out of which 1679 loans amounting to ` 69.44 crores have been made to female students. The percentage of loans advanced to women comes to 82.66% & 97.33% respectively for number of accounts and amount advanced.

This is for the information of the House.

Item No. 23 (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 June- 2016 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

45940 1606 45 2.80 471 21 4.45(Bank-wise detail as per Annexure-23(i) {Page 118}.

The House may discuss.

Item No. 24 Advances to Minority Communities.

The comparative position is given below:-

(Amount ` in Crore)Minority

Community

June 2014 June 2015 %age Growth

June 2016 %age

Growth

A/Cs Amt. o/s

A/Cs Amt. o/s A/Cs Amt. o/s

Muslims 12283 275.64 19026 358.39 30.02 18770 484.13 35.08Christians 7603 144.01 7742 143.43 -0.40 9042 180.26 25.67Budhists 387 5.85 298 7.15 22.22 292 19.69 175.3

8Zoroastrians

110 2.56 164 3.01 17.57 0 0

Jains 3063 369.38 3389 730.27 97.70 2979 1265.69 73.31

Total 24542 529.89 30619 1242.25 55.77 31083 1949.77 56.95(Bank-wise position as at June 2016 is as per Annexure-24 {Page 119}


The overall advances to minority communities have registered an increase of ` 707.52 crore, from ` 1242.25 crore as at June-2015 to `1949.77 crore as at June -2016, thus showing a growth of 56.95%.

During the quarter ended June-2016, banks disbursed advances to the tune of ` 55.48 crore to borrowers belonging to minority communities. The bank-wise position is given as per Annexure 24(a). {Page 120}


Item No. 24(i) Advances to Women Beneficiaries

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

Year Accounts

Amt. O/S Increase %age to Net Bank

CreditAbsolute %age

June 14 331333 11307.89

1195.71 11.82

June 15 380501 13223.37

1915.48 16.93 6.49

June 16 542873 17041.29

3817.92 28.87 8.02

(Bank-wise position as at June-2016 is as per Annexure-24(i) {Page 121}.

The overall advances to women beneficiaries witnessed an increase of ` 3817.92 crore from ` 13223.37 crore as at June-2015 to ` 17041.29 crore as at June-2016, thus registering a growth of 28.87 %. In the State of Punjab, the share of advances to women beneficiaries to Net Bank Credit as at June-2016 stands at 8.02%, against the target of 5%. The bank-wise position in respect of advances to women beneficiaries to total


advances as at June-2016 is given as per Annexure-24(ii-iii) {Page 122-123}.

During the quarter ended June-2016, banks have disbursed loans to the tune of `4471.92 crore to women beneficiaries. The bank-wise position is given at Annexure-24(iv) {Page 124}.

Item No. 24(ii)

Advances to SC Beneficiaries

The comparative position of advances to SC beneficiaries is given as under:- (Amount ` in

Crore)Year Accounts Balance

Outstanding Increase

Absolute

%age

June 2014 334613 3597.44 438.34June 2015 364704 3840.17 242.73 6.74June2016 434283 3852.16 11.99 0.31[Bank-wise position as at June- 2016 is given in Annexure-18(ii) {Page 107}].

The overall advances to SC beneficiaries witnessed an marginal increase of ` 11.99 crore during the period under review from `3840.17 crore as at June-2015 to `3852.16 crore as at June-2016, thus showing a increase of 0.31%.

The House may review

Item No.25Review of Govt. Sponsored Schemes &


Programmes

Item No.25 (i)

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

It has been informed by Rural Development Department, Govt. Of Punjab, that SGSY scheme has been merged with newly started scheme NRLM. 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 7 districts i.e. Taran-Tarn, Ferozepur, Sangrur, Patiala, Gurdaspur, Bathinda & Muktsar on pilot basis. The commulative performance of these 7 districts is as under:-

Position of Self Help Groups under NRLMPosition of SHG as on 31.03.2016

SHGs formed during the quarter

Cumulative position as at 30.06.2016

2193 343 2536(District-wise position is as per Annexure-25)

Convener bank has already conveyed the targets to the banks for formation and credit linkage of Self Help Groups. Member banks are requested to take steps for achieving the targets allocated to them.

During the deliberations in the 2nd Steering Committee meeting to SLBC held on 28.07.2016, the representative of the rural development department informed the house that about 230 applications are pending with the banks for credit linkage. He requested the member banks for credit linkage of SHG groups


and clear the pending applications expeditiously. Member banks are again requested to clear the pendency for application of credit linkage. The representative of Department of Rural Development is requested to apprise the house the latest position.

Item No.25(ii)Prime Minister Employment Generation Programme (PMEGP).

KVIC has informed the following progress under PMEGP for the year 2016-17 up to 30.06.2016:-

Particulars KVIC KVIB DIC TotalRural Urban

TargetNo. of Projects 526 526 350 350 1752Margin Money(` in Lakh)

1051.23

1051.23

700.82 700.82 3504.10

Employment 4208 4208 2800 2800 14016ProgressCases disbursed

97 149 296 542

Margin Money Released

267.70 429.22 575.19 1300.05

Employment 728 1118 2220 4066 Observations:Agenda papers of 137th Meeting of SLBC-Punjab

A sum of ` 1300.05 lakhs has been disbursed as margin money in the 966 cases disbursed upto 30.06.2016. 4066 unemployed youth have been provided employment.

During the deliberations in the 2nd Steering Committee meeting to SLBC held on 28.07.2016,the representative of the department apprised the house that from 1st July, 2016 onwards the applications will be processed through e-portal process of which was already explained in the workshop conducted by the department and the same was also sent by the convener bank to all the member banks. He further informed that the claims for margin money will be processed on line and requested the member banks to ensure entering of all the applications through e-portal.

Member banks are requested to note the above instructions of the department and ensure meticulous compliance of the same. The representative of KVIC/KVIB/DIC may inform the House latest position.

Item No.25(iii) National Urban Livelihood Mission (NULM)

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). The Bank-wise/District-wise targets is as per Annexure-26. The progress under the scheme is as under:-Targets of loan disbursal for FY2016-17

Application Received

Application approved by

Applications

Applications

Applications


task force. rejected by Banks

Sanctioned

Disbursed

SEP(I) SEP(G) SEP Bank Linkage

600 31 31 1509 896 224 147 124(City wise detail is as per Annexure26(i)

During the deliberations in the 2nd Steering Committee meeting to SLBC held on 28.07.2016,the representative of the department informed the house that applications are pending at branches since October 2015. He was apprised that convener banks has already sent the branch wise lists to all the banks vide its email dated 07.05.2016 and 20.07.2016 and member banks were requested dispose off the pending cases on merits immediately. Member banks were further requested to instruct all the branches under their control not to keep the application pending and ensure to dispose of the same within the time frame. The Districtwise list of pending cases have also been forwarded to LDMs who are requested to ensure their immediate disposal.Member banks are again requested to instruct all the branches under their control not to keep the application pending and ensure to dispose off the same within the time frame fixed by RBI.The representative of the department is requested to apprise the house about latest position in the matter please.

Item No.26 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 31.03.2016 is given below:-

SHGsAs on

31.03.2016

SHGsAs on

30.06.2016

Gap between

SHG formed &

credit linked as

on 31.03.2016

From 01.04.2016

up to 30.06.2016

No. of SHGs

formed

No. of SHGs credit linked

No. of SHGs

formed


No. of SHGs

formed



35561 25072 35894 25206 10688 333 134 (District wise Progress is as per Annexure-27 {Page 127}

Observations:

Up to 30.06.2016, 35894 Self Help Groups have been formed out of which 25206 Groups have been credit linked since inception of the scheme.

The gap between the SHGs formed & linked with bank credit is 10489. During the period ended up to June.2016, 2042 Groups have been formed.

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


Item No.26(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’ targets on Financing of Joint

Liability Groups of ‘Bhoomi Heen Kissan’ were allocated by NABARD. The summary of progress made in implementing the concept of Joint Liability Groups up to 30.06.2016 is given below:-

JLG Financed upto

31.03.2016

JLGs Financed

during q.e.June.20

Total JLGs Financed

Up to 30.06.2016


1616478 303 16781

(District-wise performance is attached as per Annexure-28 {Page 128}

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. 27 Annual Credit Plan 2016-17.

Item No. 27(i)

Annual Credit Plan 2016-17 Achievements up to 30.06.2016

The achievement under Annual Credit Plan (2016-17) up to June.2016 is given below:-

(Amount ` in crore)Sector ACP 2015-16 up to

June 2015ACP 2015-16 up to

June 2016Targets

Ach. % Ach.

Targets

Ach. % Ach.

Agriculture 23034 24045 104 25440 26078

103

NFS (MSME) 8167 7008 86 9449 7845 83Other Priority

Education 5276 3204 61 7579 3610 48Housing


Sector

others

Total 36477 34258 94 42468 37533

88District-wise & Bank-wise disbursement under ACP Annexure-29 & 29(i) {Page 129-132}

District-wise & Bank-wise Targets vis-à-vis Achievements under ACP Annexure-30 &30(i) {Page 133-134}

District-wise & Bank-wise outstanding under ACP Annexure-31 & 31(i) {Page 135-138}

As against quaterly targets of `42468 crore, Banks have disbursed loans to the order of ` 37533 crore. The percentage achievement works out to 88%.

As against target of ` 25440 crore under agriculture & allied sector, Banks have disbursed ` 26078 crore. The achievement is 103%.

Banks disbursed loans amounting to `7845 crore against the target of `9449 crore set forth for NFS (MSME). The achievement comes to 83%.

Banks disbursed loans to the tune of ` 3610 crore under Other Priority Sector against the target of`7579 crore. The achievement comes to 48%.

District wise Analysis

The perusal of district-wise progress up to June-2016 under ACP 2015-16 is given at Annexure 30 {Page 133} which reveals as under:-

The overall targets have been exceeded in 10 districts i.e. Amritsar, Faridkot, Fatehgarh Sahib, Ferozepur, Gurdaspur, Kapurthala, Moga, Muktsar, SBS Nagar & Pathankot and missed by varying margins in other districts.

The targets under Agriculture & Allied Sector have been achieved in 13 districts i.e. Amritsar, Barnala, Bathinda,Faridkot,Fatehgarh sahib, Ferozepur,Gurdaspur,


Kapurthala, Moga, Muktsar, SBS Nagar, Pathankot and Taran Tarn and missed by varying margins in other districts.

The targets under MSME Sector have been exceeded in 10 Districts i.e. Amritsar, Fatehgarh sahib,Ferozepur,Gurdaspur, Hoshiarpur, Kapurthala, Moga, Muktsar, Pathankot, and Tarn Taran and missed by varying margins in remaining districts.

The targets under Other Priority Sector have been achieved in 4 Districts i.e. Faridkot,Gurdaspur,Moga and Muktsar, and missed by varying margins in remaining districts.

Bank-wise Progress:

The study of bank-wise progress given as per Annexure 30(i) {Page 134} reveals as follows:-

Agriculture & Allied Activities

As against target of ` 13735 crore under agriculture sector, Commercial Banks, have disbursed loans amounting to ` 14740 crore. The achievement works out to 107%.

As against target of ` 3426 crore under agriculture sector, Private Sector Banks, have disbursed loans amounting to ` 3163 crore. The achievement works out to 92%.

As against target of ` 1571 crore under agriculture sector, RRBs have disbursed loans amounting to ` 2135 crore, thus showing achievements of 136%.

As against target of ` 6706 crore under agriculture sector, Cooperative Banks have disbursed loans amounting to ` 6034 crore, thus showing achievements of 90%.

MSME SectorAgenda papers of 137th Meeting of SLBC-Punjab

As against target of ` 7526 crore under this sector, Commercial Banks have disbursed loans amounting to `5768 crore. The achievement comes to 77%.

As against target of ` 1707 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 1985 crore. The achievement comes to 116%.

As against target of ` 34 crore under this sector, RRBs have disbursed loans amounting to ` 47 crore. The achievement comes to 138%.

As against target of ` 182 crore under this sector, Cooperative Banks have disbursed loans amounting to ` 45 crore. The achievement comes to 25%.

Other Priority Sector

As against target of `5744 crore under this sector, Commercial Banks have disbursed loans amounting to `2766 crore, the achievement comes to 48%.

As against target of `1239 crore under this sector, Private Sector Banks have disbursed loans amounting to `423crore, the achievement comes to 34%.

As against target of `70 crore under this sector, RRBs have disbursed loans amounting to ` 30 crore, the achievement comes to 42%.

As against target of `525 crore under this sector, Cooperative Banks have disbursed loans amounting to `392 crore, the achievement comes to 75%.

The house may review the progress.

Item No. 27(ii) NPA in Agriculture Sector

The position of NPAs under Agriculture Loans in the State of Punjab as on 30.06.2016 is given as under:-

(Amount ` in Crore)Outstanding under Agriculture Loans

NPA under Agriculture loans

%age of NPA to Agri.

Total Advances

%age of NPA to total No. of Amount No of Amount


Accounts Accounts advances advances297234

277356 79755 3589 4.63 224548 1.59(Bank wise progress is as per Annexure-32) {Page 139}

NPA under Agriculture are to the tune ` 3589 cores which is 4.63% of agriculture advances outstanding and 1.59% of total advances respectively in the State.

This is for the information of the House.

Item No. 28 Ground level Credit data

The Ground level credit disbursement by the financial institutions in

the State of Punjab. The position of disbursement segment wise is as under:-

(Amount ` in Crore)Particular

Crop Loans Term Loan Agriculture

Total Agriculture

Targets Achievements



Commercial Banks

12765 14850 4049 3076 16813 17926

RRBs 1153 1902 321 157 1473 2059Coop. Banks

5044 5189 974 786 6019 5976PADB 131 61 189 55 320 116Total 19093 22002 5533 4074 24625 26077

The segment wise position is placed as Annexure-33 {Page 140} .

The house may discuss.

Item No. 28 (i)

Position of Agriculture Advances through Term Loan.

The position of Term Loan to agriculture sector is as under:-

(Amt. in crores)Outstanding Outstanding


under Agriculture Advances

under Term Loan

No. of Accounts

Amount No. of Accounts

Amount

1584096 67986 473373 14860

Thus Term Loan to agriculture constitutes 21.85% of total agriculture advances.The position is placed as Annexure-33(i) {Page 141}.


Item No.29

Solar Pumpset Scheme of Ministry of New Renewable Energy.

As per the directions of Ministry of New Renewable Energy convener bank has requested all the member banks to allocate target of minimum one solar pump per rural branch during 2016-17. The progress of banks in financing solar pump during 2016-17 is as under:

(Amt in lacs.)Target for

the F/Y 2016-17

Number of Solar Pump Financed

Amount Disbursed

since 01.04.201

63227 0 0

(Bank wise detail as per Annexure-34 )

Member Bank are requested to take steps for achievement of targets under the scheme.

Item No.30

Farmers’ Club Programme

The cumulative progress achieved in formation of Farmers’ Clubs in Punjab as at 30.06.2016 is as follows:-


Farmers club

target for 2016-17

Farmers Club approved

during q.e. June 2016

Farmers Club to be

launched

Cumulative position as

on 30.06.2016

180 13 471 2633

During the financial year 2016-17, Commercial banks in Punjab have launched/ established 13 new Farmers’ Clubs.

The House may review the progress.

Item No.31

National Horticulture Board & National Horticulture Mission

The summary of the progress achieved in LOI cases of National Horticulture Board as on 30.06.2016 is as follows:-

(Amount ` in Lacs)Year LOI Issued Cases

disbursedSubsidy Released

2010-11

25 62 209.63

2011-12

11 15 688.23

2012-13

4 3 6.60

2013-14

22 21 622.62

2014-15

50 10 616.70

2015-16

77 17 702.24

2016-17

0 2 24.00

The House may review the progress.Item No. 32 Advances to Industrial Sector


Item No. 32(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:-

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;

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

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.

(Amount ` in crore)Particulars June 2014 June 2015 June-2016

Accounts Amount

Accounts

Amount Account Amount

Micro Enterprises

292226 17397 322124

19138 432518 19895

Small Enterprises

74298 23859 76598 24054 82402 21071

Micro & Small Enterprises (MSE)

366524 41256 398722

43192 514920 40966

Share of advances to Micro Enterprises / MSE

Not Applicable

42% Not Applicable

44% Not Applica

ble

49%

Medium Enterprises (ME)

3467 8296 13883 8771 8589 5236

MSME 369991 49558 412605

51963 523509 46202

(Bank-wise performance is as per Annexure-35& 35(i) {Page 142-143}.

Observations

In the State of Punjab, banks have provided credit to the tune of ` 46202 crore to 523509 Micro & Small units up to March-2016 as against ` 44918 crore to 395356 units as at March-2015. The annual growth in number of micro enterprises accounts is 34% against the target of 10%.

The YoY growth of credit to MSEs has declined to 5.15% against the target of 20%.

The share of advances to micro enterprises to total MSE as at March-2016 is 49% against stipulated level of 60%.


The decline in the Micro, Small & Medium Enterprises & MSE advances is on account of revised guidelines of RBI vide which Agro Processing Units have to be classified in Agriculture Sector.

The Controlling Heads of Banks are requested to take further 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. 32.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 June-2016 is given below:-

(Amount ` in Crore)Institution Number

of U/SU Branches

New SME Units Financed

New SME Accounts Opened

Per Branch

Number Amount

Commercial Banks

3415 29377 11812 8.60

RRBs 72 696 11 9.67Total 3487 30073 11823 8.62 (Bank-wise performance is as per Annexure 35(ii) {Page 144}

Observations:Agenda papers of 137th Meeting of SLBC-Punjab

During the period ended June-2016, 3487 Urban/ Semi Urban branches of banking system in Punjab have financed 30073 new accounts under SME sector.

The per branch new SME account comes to 8.62 as against annual target of 5 cases per branch.

The performance is satisfactory.

Item No. 32.i (b)

Collateral Free Loans to MSME

The position for the quarter ending June-2016 is summarized below:-

(Amount ` in Lakh)Period New MSEs loans

upto ` 10 lakhOut of which

collateral free loansQuarterended

No. of units

Amount No. of units

Amount

June-2014 8922 34966 7511(84%)

30859(88%)

June-2015 22093 60213 20101(91%)

39942(67%)

June.2016

40455 50550 38958(96%)

49017(97%)

(Bank wise information is as per Annexure-35(iii) {Page 145}

Banks have provided loans up to ` 10 lakh to 40455 MSE units during the quarter ended June-2016, out of which collateral free loans have been provided to 38958 units which means the coverage is 96%.

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.


Item No. 32.i (c)

Position of NPA in MSME advances

The relevant data in this regard for quarter ended June-2016 is placed below:-

(Amt . in ` crore)Number of

MSME Loan

accounts outstandin

g

Amount of MSME Loan outstandin

g

Out of 2, NPA

outstanding

%age of NPA under

MSME Loan

Out of 2, MSME loan

granted collatera

l free

Out of 5, NPA

outstanding

%age of NPA in colleteral free MSME

1 2 3 4 5 6 7523509 46202 5514 12 4388 680 15.49

(Bank-wise detail as per Annexure-35(iv) {Page 146}


Item No. 32.i (d)

Review of Growth in MSE Accounts

The relevant data in respect of Commercial Banks for quarter ended June-2016 is placed below:-

(Amt . in ` Crores)MICRO ENTERPRISES Accounts MICRO & SMALL ENTERPRISES

No. of Accounts

as on 31.03.201

6

New accounts opened

during the Financial year upto June-2016

% growth in No. of Accounts

Credit Outstanding

as on 30.06.2016

Credit provided during

the Year upto

June-2016

% growth

in credit.

388649 42161 11 39709 5240 13

(Bank-wise detail as per Annexure-35(v) {Page 147}

ObservationsAgenda papers of 137th Meeting of SLBC-Punjab

During the period under review the Commercial Banks in the State opened 42161 new accounts of Micro Enterprises showing growth of 11% in the number of accounts opened during this fiscal year. Banks in the State have provided fresh credit to the tune of `5240crores to MSE during the period under review, thus showing a growth of 13%.


Item No. 32.i (e)

Position of Sick MSEs.

The position of sick SME units as at June-2016 is as follows:-(Amt. ` in Crores)

SME units identified as

sick as at 30.06.2016

SME units classified as Units under nursing

Units where

viability decision yet to be

takenUnit

sAmt. Viable Non viable Unit

sAmt. Unit

sAmt

.Units

Amt. Units

Amt.

16273

1967.87 128 247.4

11584

61657.9

7 87 241.75 299 62.5

0

(The bank-wise data is available on Annexure-36 {Page 148}


Item No. 32.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 31.03.2016

Coverageduring 2015-16

(Upto June-2016)

Cumulative Position

as at June-2016

Accounts

Amount Accounts

Amount Accounts

Amount

50104 283602 4837 14917 54941 298519(Bank-wise performance is as per Annexure-37) {Page 149}

Observations:

The banks, up to June-2016, have covered 50104 MSE units amounting to ` 283602lakh under the Credit Guarantee Fund Scheme. Upto the period ended June-2016, banks have covered 14728 cases under the scheme amounting to `44388 lakh.

The house may review the performance.

Item No.33 Recovery of Banks' Dues - Pending Recovery Certificates under State Recovery Acts

The position as at June-2016 of pending Recovery Certificates filed under State Recovery Acts is given below:- (Amt. ` in lac)S. No. Particulars No. of

RCsAmount

i Cases settled during the quarter

144 11651

ii Total pending cases 1594 24034iii Out of (ii) above, cases

pending for less than six months

205 1059


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

241 409

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

1148 22566

(District-wise & Bank wise position is as per Annexure 38 & 38(i) {Page 152-153}

Observations

As many as 1594 cases filed under State Recovery Acts involving a sum of ` 24034 lakh are lying pending with Recovery Office 1148 RCs with amount outstanding to the tune of ` 22566 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, Ferozepur, Fazilka, Kapurthala, Gurdaspur, Ludhiana, Muktsar, Moga & Tarn Taran and of Banks namely OBC, PNB, SBOP, Union Bank of India & Punjab Gramin Bank.

Revenue Department is requested to expedite recovery in pending cases.

Item No. 34 Delay in taking possession of assets by Chief Metropolitan Magistrates/District Magistrates under section 14 of SARFAESI Act, 2002.

The Bank-wise position of pending cases under SARFASAI in the State of Punjab under as on June-2016is as under:-

(Amt ` in Lacs)

No. of Pending Cases with Metropolitan

Magistrates/District Magistrates

Cases pending for more than

one Month

Amount Involved

140 135 37137 (Bank wise Position is as per Annexure 39) {Page 154}



Item NO. 35 Yearly Calendar of holding SLBC meetings

Calendar for the year 2016-17 was placed in the 135th meeting of SLBC which was approved by the house. The 137th SLBC as per the approved calendar is scheduled to be held on 11th

August 2016 (Thursday).

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 banks to SLBC

15 days before the end of the quarter

3. Dead line for receipt of data by SLBC Convener Bank

15 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.

This is for information of the house.Any other issue with the permission of the Chair


ITEMS FOR INFORMATION OF THE MEMBERS

Item No.36 Basic Banking Accounts and issuance of GCCs

The progress achieved by banks in opening of Basic Banking Accounts and issuance of GCCs up to June-2016in Punjab State is as follows:-

(Amount ` in Lakh)Basic Banking Accounts

OpenedGCCs Outstanding

Number Amount Number Amount

10631784 607713 184567 342816(Bank wise progress under Basic Banking Accounts is as per Annexure 40) {Page 156}

(Bank wise progress under issuance of GCCs is as per Annexure 40 (i) {Page 157}

Observations

Banks during the quarter ended June-2016 have opened 574875“Basic Banking Accounts” having balance of ` 27745lakh.

Banks during the quarter ended June-2016, banks have issued 24059 GCCs amounting to ` 29804Lakh.

In view of the importance of “Financial Inclusion” the Controlling Heads of banks are requested to issue instructions 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 37

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

Department of Financial Services, Ministry of Finance, Govt. of India 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.

Item No.38 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 under the scheme upto q.e. June-2016 is as under:-

(Amt. ` in Lacs)Targets under

DEDSFor 2015-16

Achievements up to June-2016

%achievement

Not allocated by Deptt

11206 N.A.


(Bank wise progress is as per Annexure 41) {Page 158}

This is for information of the house.Item No.39

Progress of Agro Food Processing Industries.

The performance under the scheme upto q.e. June-2016 is as under:-

(Amt. ` in Lacs)Advances made during the quarter June-2016

Commulative figuresup to June-2016

No. of A/cs

Amount No. of A/cs Amount

602 37217 602 37217(Bank wise progress is as per Annexure 42) {Page 159}


Item No.40

Swarojgar Credit Card Scheme

The progress up to June-2016 under the Scheme is as under:- (Amt. ` in Lac) Particulars Commerci

al BanksRRBs Coop.

BanksTotal

Annual Target (Nos.) 1250 500 750 2500No. of SCCs Issued 18 1 181 200Amount Disbursed 9 1 77 87

(Bank-wise progress is as per Annexure-43) {Page 160}

The analysis of the data reveals that against the quarterly target of 2500 Swarojgar Credit Cards (SCCs), Banks up to June-2016 have issued 200 cards amounting to `87 lacs.

The house may review the progress please.


Item No. 41 Kisan Credit Card (KCC) Scheme

The progress achieved by banks in implementing Kisan Credit Card scheme up to 30.06.2016 is given below:-

(Amt. ` in crores)Period Sanctioned Disbursed Outstanding

No. ofKCCs

Amount No. ofKCCs

Amount No. ofKCCs

Amount

Commercial Banks2006-2007 127378 1922.72 126600 1991.76 125885 1968.402007-2008 132795 2740.04 132217 2705.51 130283 2610.292008-2009 165774 3717.19 165218 3601.61 164644 3536.682009-2010 148942 3660.91 147827 3572.18 147453 3562.372010-2011 208279 5286.39 196436 5162.14 168840 2477.682011-2012 238586 8347.89 237801 8138.17 235003 7930.882012-2013 284701 11276.01 284076 10819.74 212615 8747.402013-2014 333958 18662.62 333186 18489.25 293747 14203.932014-2015 288364 20649.10 288250 19795.64 362032 18218.582015-2016 298270

9102155.18

2905132 99420.22 1014405 104459.93

Since inceptionup to June-2016

3045740

105423.02

2968070 102539.47

1108099 56504.25

Cooperative Banks2006-2007 33937 205.78 33937 205.78 33937 205.782007-2008 35494 601.51 35494 601.51 35494 601.512008-2009 18570 157.57 18111 139.62 18111 139.612009-2010 16216 749.47 16216 749.47 16216 749.472010-2011 22417 332.44 22415 282.78 14241 175.272011-2012 8095 149.25 8077 148.87 8075 148.022012-2013 17521 239.31 17521 239.31 17521 239.312013-2014 15804 192.45 15804 192.45 15804 192.452014-2015 13840 128.08 13840 128.08 13840 128.072015-2016 998118 7813.96 998098 7763.92 948932 7217.86Since inceptionup to June-2016

999472 7837.55 999450 7787.46 929767 6459.01

Total since inception

4045212

113260.57

3967520 110326.93

2037866 62963.26

(Bank-wise progress up to June-16 is as per Annexure-44) {Page 161}


Highlights

From 1st April 201 to 30th June 2016, the Commercial Banks have sanctioned 63031 Kisan Credit Cards amounting to `3267.84 crores and disbursement has been completed in 629381 cases to the extent of `3119.25 crores. In addition to this, during the same period, Cooperative Banks have sanctioned 1321 Kisan Credit Cards amounting to `11.42 crores.

Since inception of the scheme, Commercial and Cooperative Banks jointly have sanctioned kisan credit cards to 4045212 farmers amounting to ` 113260.57 crores in the State, out of which disbursement has been made to farmers to the tune of ` 3967520 crores. On cumulative basis, there are 2037866 outstanding KCCs amounting to ` 62963.26 crores as at 30.06.2016.


Item No. 41(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 30.06.2016 is as under:-

KCC outstanding as on June-2016

ATM-cum Debit card issued up to June-2016

No. Of KCC holders without ATM cards.

2037866 812684 1225182 (Bank wise position is as per Annexure-44(i) {Page 162}


Item No. 42 Golden Jubilee Rural housing Finance Scheme


The progress achieved under the scheme up to 30.06.2016 is given below:

(Amount ` in lac)During quarter ended

June-2016Cumulative up to

June-2016Sanctioned Disbursed Sanctioned DisbursedNo. Amt. No. Amt. No. Amt. No. Amt.

2316 7614 2332 7150 2316 7614 2332 7150 (Bank-wise position is given as per Annexure 45) {Page 163}.

Observations:

During the quarter ended June-2016, under Golden Jubilee Rural Housing Scheme, banks have sanctioned loans to 2316 beneficiaries amounting to ` 7616 lac and disbursement has been completed in 2332cases to the tune of ` 7150 lac under the Scheme.

This is for information of the members.

Item No. 43 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 June-2016 is given below:-


(Amt. ` in crore)Sr. No.

Particulars Previous quarter ended March-2016

Current quarter ended June-2016

No. Amount

No. Amount

a) Loans sanctioned to SSI

21142

1314.86 12667

770.94

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

20414

1285.08 11804

733.02

(Bank-wise performance is as per Annexure-46 {Page 164}

Highlights

During the quarter ended June-2016, banks have sanctioned loans amounting to ` 770.94 crore to 12667 SSI units. Out of these, loans amounting to ` 733.02 crore have been sanctioned to 11804 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

50% 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.



Item No. 44

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, 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 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.

Item No. 45 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 Agenda papers of 137th Meeting of SLBC-Punjab

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 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. 46 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 30.06.2016 made under different schemes conveyed by NABARD is placed below:-

(Amount ` in lakh)S.No. Scheme Cases Financial

OutlayBank Loan Subsidy

Sanctioned1 Cold

Storage 132 17102 10160 3152

2 Rural Godowns

1521 146677 106650 19580

3 ACABC 10 84 75 274 CLCSS 430 NA 16690 24925 AMI 2004 94079 66845 232986 Solar Light

& Solar Water

53 32 15 12


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

Heater

7 Solar Water Pump Scheme

18 104 45 39

8 NPOF 136 1185 722 195

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 Centers

CLCSS 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.


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