Meetings/SLBC 140/Agenda 140th... · Web viewYear LOI Issued Cases disbursed Subsidy Released...

The 140th meeting of State Level Bankers’ Committee (Punjab) to review the performance of banks for the period ended March 2017 will be held on 30.05.2017 at 10.30 A.M. at Hotel Shivalik View, Sector 17, Chandigarh. The following issues shall be taken up for discussion in the meeting:-

Item No.1 Confirmation of minutes of 139th meeting of State Level Bankers' Committee (Punjab) Last Meeting of SLBC

Held on 14.02.2017

Minutes e-mailed/ circulated on 22.02.2017Comments Received NIL

The House may confirm the circulated minutes.

Item No. 2

Incentivizing Digital Payments-Digi Dhan Melas.

Government of India, in order to promote digital payments and to encourage consumers, merchants to increasingly shift to digital payment modes i.e UPI, e-wallet, Aadhaar Enabled Payment System, Cards & POS etc. launched a scheme framed by Niti Aayog to reward consumers and merchants, who used digital transaction modes after 8th November, 2016. The scheme draft was operational with the first draw of winners

Agenda papers of 140th Meeting of SLBC-Punjab

140thMeeting of State Level Bankers’ Committee (Punjab)

held on 25.12.2016 and closing function held at Nagpur on 14th

April, 2017.

It had launched two major schemes - Lucky Grahak Yojana for consumers and Digi Dhan Vyapar Yojana for merchants. Banks were to make arrangement for following activities:-

Opening of Bank accounts. Seeding of Aadhaar and Mobile Number in the account. Merchant registration for acquisition of POS. Distribution of Prepaid cards, debit cards. Assistance in downloading and usage of various apps.

For Digital India, ‘Go Cashless Go Digital’ is the basic principal.Various camps were held during first phase i.e. at Ludhiana, Amritsar and Mohali. In order to carry forward the initiatives for Digital India, three more camps were held i.e. at Ludhiana on 26.04.2017, at Jalandhar on 3rd May and at Amritsar on 5th May 2017 respectively. The government has decided to continue its efforts to maintain the momentum gained in promoting Digital India.

Member banks are requested to ensure to participate in Digi Dhan Melas and continue above activities in a mission mode for making the Digital India and cashless society drive of Government of India a grand success.

Item No. 3 Seeding of Aadhaar and Mobile in Savings bank accounts.

Department of Financial Services, Ministry of Finance, Government of India vide communication dated 06.03.2017 have informed that with a view to enable account holders for digital payments, banks have been asked to launch a drive in campaign mode in March 2017 for seeding of Aadhaar number Agenda papers of 140th Meeting of SLBC-Punjab

in all operative, individual savings bank account and voluntary seeding of Aadhaar number in all such accounts.

Department of Institutional Finance and Banking vide their letter dated 10.04.2017 addressed to all the Deputy Commissioners in the State of Punjab has conveyed that Government of India has desired to organize camps where banks would ensure arrangements for on-the-spot Aadhaar seeding after wide publicity and account holder-specific outreach efforts through branch personnel and by mobilizing and incentivizing BCs and additionally through innovative strategies to enlist other agencies.

Department of Institutional Finance and Banking has further requested Deputy Commissioners to provide requisite support of the district administration and field functionaries for organizing the camps, reaching out to unseeded accountholders and ensure effective publicity.

The progress as on 31.03.2017 is attached as per Annexure-1 {Page 104} for information of the house.

The house may deliberate.

Item No. 4 Pradhan Mantri Jan Dhan Yojana.

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 Agenda papers of 140th Meeting of SLBC-Punjab

` 1 lac, Life Insurance cover of `30000/-, Issuance of Rupay Debit Card to every account holder. The progress in opening of accounts under PMJDY is as per Annexure-2 {Page 105}.

This is for information of the house.

Item No.4(i) Opening of accounts of workers of organized and unorganized sectors.

Secretary, Ministry of Labour & Employment vide DO letter dated 25.11.2016 addressed to Chief Secretary, Govt. of Punjab had desired that in order to facilitate financial inclusion of workers and to ensure timely payment of their wages, a campaign to open bank accounts in respect of those workers of organized and unorganized sectors who do not have their own bank accounts. Camps for opening the accounts were conducted at each district and a committee comprising the Collector, Lead District Manager of the bank, the Labour Officers of the Centre as well as the State Government representative decided the location of these camps and other relevant modalities.

During the deliberations in the 139th meeting of SLBC held on 14.02.2017, the house was appraised of the launching of campaign by Ministry of Labour & Employment for opening of bank account in respect of those workers of organized and unorganized sectors who do not have their own bank accounts even now.

Member Banks/LDMs are requested to extend full cooperation in holding of the camps for opening of accounts of workers of organized and unorganized sectors.

Item No. 4(ii)

Issuance of Rupay Cards and its Activation in PMJDY accounts.


Activation of Rupay Debit Cards is necessary to get the insurance claim under the Rupay Card. The Rupay card was earlier 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 RuPay Cards 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 banks' channels) and/or off-us (Bank Customer/RuPay card holder transacting at other bank's channels).

This addendum circular basically advises banks that 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.


Member banks are requested to utilize the services of FLC Counselors and Bank Mitras for creating awareness amongst the customers about the changes made by NPCI.

Position as on

Total number

of PMJDY

accounts

Number of

Rupay Cards issued

%age of

Rupay Cards issued

Number of

Rupay Cards

activated

%age of Rupay cards

activated

31.12.2016

5868391 4964037 84.58 3564133 71.79%

31.03.2017

5961045 4954182 83.10 3564688 71.95%

(Bank-wise position is as per Annexure-3 {Page 106-110})

During the deliberations in the 139th meeting of SLBC held on 24.02.2017, the house was appraised of the decision taken in the 1stmeeting of State Level Financial Inclusion Committee regarding providing the District-wise/Sub division wise/village wise list of PMJDY account holders where the Debit cards have been issued but not activated and PINs not delivered along with their status. The data sent to the department of 14 banks has been received back by the Convener Bank as the same was not submitted on the prescribed format. Since no bank could submit the data on the prescribed format, the convener bank has informed to the Department of IF&B that:-


“The data provided by the banks are in raw form as extracted from the system and the same is not capable of being sorted as fields such as Block, Tehsil and Sub Division are not captured in the Bank record at the time of opening of Bank accounts. On taking up the matter with various banks, it has been informed that fields mentioned in the format are not available in MIS systems of the banks due to which most of the banks are unable to submit the data in the prescribed format. Under the circumstances, the banks can submit the branch-wise list of accounts with address but its sorting based on the desired fields is not possible. ”

The house may deliberate.Item No. 5 Appointment of Bank Mitras, 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 SLBCs. 2336 SSAs were identified where Bank Mitras/BC Agents were to be deployed by the banks in the State to provide various type of banking services to the customer under PMJDY.

Feedback received from survey conducted by Ministry of Finance, suggested that Bank Mitras sometimes are not available in the allotted SSAs/villages. To ascertain/verify the availability of Bank Mitras, executives of call centers and LDMs make verification calls to each Bank Mitra/BC Agent working in their area. 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.

The bank wise position in Appointment of Bank Mitras, Zero Balance accounts & status of Micro ATM is given at Annexure-Agenda papers of 140th Meeting of SLBC-Punjab

2 {Page 105}. Bank-wise detail of Inactive/not working Bank Mitras is as under:-

Name of the Bank Bank Mitras not working

as on 31.03.2017PSB 2

Andhara Bank 4

BOM 1

IOB (village Kotli Kalan allocated to Uco Bank) 2

IndusInd Bank 1

TOTAL 10

The details of non working Bank Mitras has been sent to respective banks and they have been advised to replace the Inactive/non working Bank Mitras on urgent basis. Member banks are 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.

During the deliberations in the 1st steering committee meeting to SLBC held on 03.05.2017, the representative of BOM and IOB assured the house that Bank Mitra will be placed at the identified centre well before the next SLBC and convener bank will be informed accordingly. The house resolved that the Bank Mitras must be appointed by the other banks i.e. P&SB, Andhra Bank & IndusInd Bank well before the next SLBC i.e. 30.05.2017.


While reviewing the progress of providing Micro ATM, the house was apprised that as on 31.03.2017 Micro ATMs has been provided to 2075 Bank Mitras against the 2336 Bank Mitras in the State of Punjab. Member Banks that have not yet provided the Micro ATMs were requested to ensure to provide Micro ATM to all the Bank Mitras. It was also resolved that the Bank Mitras who are reluctant to take Micro ATMs may be replaced with E–sewa kendras.

The representative of the member banks who have not appointed the Bank Mitras yet are requested to apprise the latest position to the house.

Member banks are again requested to provide the Micro ATM to all the Bank Mitras and consider appointment of e-Sewa Kendras as Bank Mitras where existing Bank Mitras are reluctant to take Micro ATM.

Item No. 5(i) Monitoring of Zero Balance Accounts- in PMJDY

Out of total 5961045 accounts opened, 961716 accounts (16.13%) still show zero balance. During the deliberations in the 1st Steering Committee Meeting to SLBC held on 03.05.2017, 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.

Period Total No. of PMJDY a/cs

Zero balance accounts

%age of zero balance a/cs


31.12.2016 5868391 927789 15.8131.03.2017 5961045 961716 16.13

(Bank wise position in zero balance account is as per Annexure-2) {5}


Item No. 6 Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).

As per the announcement in the Budget speech of 2015, two Life Insurance Schemes namely Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and a new pension scheme called Atal Pension Yojana (APY) were launched to 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 and the annual premium is ` 12/- whereas in PMJJBY, any person between the age of 18-50 years can subscribe to the scheme and annual premium is ` 330/-. The achievement under the schemes is as under:-

Name of the scheme

Achievement as on 31.03.2017

PMSBY 3295719PMJJBY 579288

Agenda papers of 140th Meeting of SLBC-Punjab Page 10

The Bank-wise progress in respect of both the schemes is as per Annexure-4. {1}


Item No. 7 Position of Claims lodged/Settled under PMJDY and Jan Suraksha Schemes.

In accidental claims under PMJDY, out of 84 claims lodged under PMJDY up to 31.03.2017, 55 Claims stands settled while 29 are pending.

In PMJDY in case of natural death, out of 78 claims lodged up to 31.03.2017 in the State of Punjab, 57 Claims stand settled while 21 are pending.

In Pradhan Mantri Suraksha Beema Yojna out of 563 claims lodged 364 claim cases stands settled while 199 are pending and 42 cases stands rejected.

In Pradhan Mantri Jeevan Jyoti Beema Yojna out of 852 claims lodged 746 claim cases stands settled while 106 are pending and 12 cases stands rejected.

Bank wise position in lodgment and settlement of claims under PMJDY is as per Annexure-5 {Page 112} and for Jansuraksha Schemes is as per Annexure-5 (i). {Page 113}

During the deliberations in the 1st Steering committee meeting of SLBC held on 03.05.2017, while reviewing the position, the house showed concern for low ratio of claims lodged to the total account holders in the state inspite of the confirmation by the LDMs having placed notice in the office of Registrar of Birth Agenda papers of 140th Meeting of SLBC-Punjab Page 11

& death and in the cremation ground for creating awareness for lodgment of claim. After detailed deliberations, it was resolved that people should be made aware of that lodgment of FIR in case of any eventuality as well as lodging the claim with in stipulated period is crucial in claims settlement. Member Banks were also requested to involve the Local leaders, Sarpanches and officials from the department of Registrar, Birth and Deaths in every awareness programme conducted by the banks for schemes launched by Central Government i.e. PMJDY, PMSBY, PMJJBY, PMMY, APY etc

Member Banks are again requested to involve the Local leaders, Sarpanches and official from the department of Registrar, Birth and Deaths in every awareness programme conducted by the banks for schemes launched by Central Government i.e. PMJDY, PMSBY, PMJJBY, PMMY, APY etc.

Item No. 8 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 amended 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 APY in the state of Punjab is as under:-

Name of the scheme

Achievement


as on 31.03.2017APY 145439

Department of Institutional Finance and Banking has already instructed the concerned departments for facilitating employees/ workers to join APY by directing them to respective banks where the salary accounts of such employees/workers are held. During the deliberations in the 1st Steering committee meeting of SLBC held on 03.05.2017, the representative of Department of Institutional Finance and Banking informed the house that instructions to the concerned department 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. However due to State Govt. scheme of Bhagat Puran Singh Yojana the workers which are already covered under this scheme are not interested to subscribe to APY Scheme. The Bank wise progress vis-à-vis targets is as per Annexure-6 {Page 114}.

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. Value Added Services-Atal Pension


8(i) Yojana (APY)

Pension Fund Regulatory Development Authority vide their e-mail dated 25.02.2017 has informed that for effective implementation of Atal Pension Yojana, NSDL/CRA has now provided the value added features completely online. .Convener Bank vide its e-mail of even date has already requested all the member banks to guide the field functionaries about the value added features. The gist of the e-mail is again appended hereunder for information of the house.

1. PFRDA receives a lot of complaints/grievances about non receipt of statement of Transactions (SoT) or for the facility of issuing PRAN (Permanent Retirement Account Number) card.

2. NSDL/CRA has now provided the value added features completely online which empowers APY Subscribes to view/print/preserve their APY account details by providing their PRAN and associated Savings Bank Account details.

3. The Subscribers without PRAN can also avail the facility by providing their Name, Savings Bank Account Number and DoB.

4. The above new facility launched by PFRDA will facilitate more than 44.25 lac subscribers to navigate their APY account completely online and print their e- PRAN card/e-SoT seamlessly without visiting their Bank or Postal Branch. APY-SP can also avail the facility on behalf of their customers at their branches as part of customer servicing on day to day basis.


5. DFS/PFRDA advises all APY-SP to popularize the new functionality among their customers and urge them to use the features more extensively.

6. e-PRAN/e SoT is available in the link https://npslite-nsdl.com/CRAlite/EPranAPYOnloadAction.do . iKindly visit https://www.npscra.nsdl.co.in and find the facility under Atal Pension Yojana. Please feel free to offer any suggestions or further improvement by writing your feedback to Mr Rupam Nath ([email protected])

Member Banks are again requested to sensitize the field functionaries about the value added features of APY for effective implementation of Scheme.

Item No. 9 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 business of lending to smaller of the 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 ` 50000 and upto ` 5.0 lakh Tarun : Loans above ` 5.0 lakh and upto ` 10.0

lakh Agenda papers of 140th Meeting of SLBC-Punjab

mailto:[email protected]

https://www.npscra.nsdl.co.in/

https://npslite-nsdl.com/CRAlite/EPranAPYOnloadAction.do

https://npslite-nsdl.com/CRAlite/EPranAPYOnloadAction.do

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 lakh on or after 8th April 2015 as MUDRA loans.Ministry of Finance has further advised that the overdraft amount of `5000/- sanctioned under PMJDY is also to be classified as MUDRA loan under PMMY. (Amt. in crores)

Banks Progress under Pradhan Mantri Mudra Yojana (PMMY)

Targets for 2016-17

Achievement up to 31.03.2017

%age Achievemen

t

No. of Accounts

Amount

3155.18 296427 3438.59 108.98

(Bank-wise progress is as per Annexure-7 {Page 115}

Micro Units Development & Refinance Agency Limited has further informed that a loan portal by name www.udaymitra.in has been launched by SIDBI for facilitating sourcing of loan applications for various MSME programmes, including PMMY and Stand up India. Ministry has desired that branches should take maximum advantage of this facility in achieving the targets under these programmes.Member banks are requested to percolate these instructions of Micro Units Development & Refinance Agency Limited among the branches under their control for continuing the good achievements under the programme.

Item No. 9(i) District Level events for PMMY


http://www.udaymitra.in/

borrowers and promotion of financial literacy etc.

Department of Financial Services, Ministry of Finance, Govt. of India vide communication dated 12.05.2017 has informed that, during the course of the year, the implementation of the PMMY scheme will continue to focus on reaching out to more borrowers as well as meeting enhanced credit requirements of existing borrowers. Ministry of Finance has further desired that steps be taken to organize events with existing borrowers under the PMMY scheme wherein Adhaar and mobile linking of saving bank accounts of such borrowers may be taken up along with spread of financial literacy. Hand holding support to Mudra borrowers including use of Mudra Rupay Card to save interest costs and emphasizing prompt repayment of installments may be emphasized in the interaction and publicity material.

These events may be organized under the aegis of District Level Consultative Committee (DLCC) and the Lead District Manager. Representatives of Labour and Skilling Departments of the State, SC/ST and Women entrepreneur’s corporations etc. may also be invited in these Financial Literacy camps. Ministry has desired that at least one such event may be held in each district within this month where all FI programmes including PMMY should be explained.

Convener Bank vide its e-mail dated 16.05.2017 has already requested LDMs to organize such event in each district and the date for each event may be fixed in consultation with State Authorities taking the convenience of the concerned Member(s) of Parliament for the district who should be invited to the event.

Lead District Managers are requested to continue to organize such events in their districts in every month.


Item No. 10 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 procedure to be followed for spreading the Financial Literacy has already been communicated to all the Member banks in the 135th meeting of SLBC. Banks are requested to ensure printing and distribution of Financial Literacy material as 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

419 188 11521(District-wise position is as per Annexure-8) {Page 116}

Member banks are requested to ensure that the FLCs of their bank are functioning as RBI guidelines and camps Agenda papers of 140th Meeting of SLBC-Punjab

are being conducted as per the guidelines of Ministry of Finance. In case of any problem, the issue may be taken up with SLBC.

Item No. 11 Standard Operating Procedure (SOP) for expediting Aadhaar seeding in bank accounts of MNREGA workers

Ministry of Rural Development vide communication dated 14.03.2017 has informed the standard operating procedure (SOP) for expediting Aadhaar seeding in bank accounts of Mahatma Gandhi NREGA workers. Convener bank vide its e-mail dated 31.03.2017 has already informed the same to all the controlling heads and LDMs for meticulous compliance of the instructions of Ministry of Rural Development. The SOP is again attached as Annexure-8(i) {Page 117} for information of the house.

Member Banks are again requested to ensure meticulous compliance of the standard operating procedure of the Ministry of Rural Development for seeding of Aadhaar in MNREGA accounts.

Item No. 12 Implementation of DBT in Kerosene.

Ministry of Petroleum & Natural Gas, had decided to implement DBT in Kerosene in 33 districts in 9 States w.e.f. 1st April, 2016. Three Districts namely Tarn Taran, Pathankot and Mohali have been identified for implementation of the DBT in Kerosene in the State.

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 and their branches in these 3 districts are continuously seeding the bank accounts of kerosene beneficiaries for smooth implementation of DBT scheme in these districts. Item No. 13 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 1st Steering Committee meeting to SLBC held on 03.05.2017, the house was informed of the decision of the State Government for referring the matter to Government of India with certain amendments for implementation of Pradhan Mantri Fasal Bima Yojana. In subsequent meeting, the state has again informed that reply from the Government of India is awaited and Fasal Bima Yojana has not been implemented in the State till date.The representative of Agriculture Department/IF&B is requested to apprise the house about the implementation of ‘Fasal Bima Yojana’ in the State of Punjab.

Item No. 14 Stand-up India Programme of Ministry of Finance.

The objective of the Stand-Up India scheme is to facilitate bank loans between Rs.10 lakh and Rs.1 Crore to at least one SC/ST and one woman beneficiary per bank branch for setting up a Agenda papers of 140th Meeting of SLBC-Punjab

green field enterprise. This enterprise may be in manufacturing, services or the trading sector. In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman entrepreneur.

The scheme, which covers all branches of Scheduled Commercial Banks, will be accessed in three potential ways:-

o Directly at the branch or o Through SIDBI’s Stand-Up India portal

(www.standupmitra.in) oro Through the Lead District Manager ((LDM)

SIDBI has informed about the updation of Stand Up Mitra portal with the following features:-

1. Applicants can submit additional documents through portal to bankers even after submission of loan applications.

2. Messaging module has been introduced in the portal by which Bank branches can interact with applicants/ LDMs/ SUCCs/respective ROs and Nodal Users through the Portal for follow up on loan application, seeking additional documents, if any, required for loan, responding to clarification requested, post sanction communication etc.

3. Logo of respective Banks would be visible once any user from the Bank logs in. We hope that this would inculcate a sense of participation amongst the Banking fraternity.

4. Credit Guarantee Scheme for Stand Up India (CGSSI) coverage rule engine has now been integrated on stand up mitra portal. Bankers can now search for potential loan applications which may be covered under CGSSI while perusing loan applications from e Marketplace.


http://www.standupmitra.in/

5. ‘Ease of Access Kit’ for Bankers have been hosted in the Dashboard of all Bankers for ready reference. The same gets updated whenever any new feature is added.

6. A module to capture 'success stories' on portal has been provided by the SIDBI. Bankers may like continue to capture appropriate cases on the module to show case the emerging entrepreneurs.

The progress under the scheme upto 31.03.2017 is as under:-

(Amt in lacs)

Total No. of Bank Branches of Scheduled commercial

Banks

Participating Branches

Loan sanctioned under the scheme up to 31.03.2017

SC/ST WOMEN Total

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

6328 1093 248 4203 911 17446 1159 21648

(Bank-wise targets and position is as per Annexure-9) {Page 118}

As decided in the 139th meeting of SLBC held on 14.02.2017 that for boosting credit under Stand up India, Convener Bank will shoulder the responsibility of giving advertisement in the paper. The draft of the advertisement was first sent in Hindi for approval of State Government. As desired the English advertisement has since been sent to the department with a request to get the same translated in Punjabi language as Banks do not have in House translating facilities.During the deliberations in the 1st Steering Committee meeting to SLBC held on 03.05.2017, Shri P S Chauhan, General Manager & Convener SLBC expressed his concern over low performance under this important scheme. He stated that to make advance under Stand up India scheme is a good business


opportunity and member banks should grab this opportunity and give more thrust for making advances to SC/ST/Women entrepreneurs through each of their branches under the scheme. Member banks were requested to ensure that each branch of their bank must advance under Stand up India scheme.Member banks are again requested to ensure that each branch of their bank must advance under Stand up India scheme and sensitize the field functionaries about the updation of Stand up India Portal for effective implementation of the scheme.

Item No. 15 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 implemented 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 Rs. 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.

Central Government has approved the extension of the loan tenure under the Credit Linked Subsidy Scheme component of Pradhan Mantri Awas Yojana–Urban. The loan tenure of 15 years has now been extended to 20 years, thereby reducing EMI’s for the home loan borrowers.

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

Loans disbursed under the scheme during the quarter

March-2017

Cumulative position upto 31.03.2017

No. of Accounts

Amt. disbursed

No. of Accounts

Amt. disbursed

184 840 428 1535(Bank wise progress is as per Annexure-10) {Page 119}

During the deliberations in the 1st Steering Committee meeting to SLBC held on 03.05.2017, while reviewing the progress


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

http://www.hudco.org/

http://www.hudco.org/

under Pradhan Mantri Awas Yojana, the house was apprised of the issues raised in the meeting held under the Chairmanship of Chief Administrator PUDA and the representative of PUDA was requested to apprise the latest position in the matter. Upon the query of the representative of PUDA, it was informed that the beneficiary can bring in his prorata margin/contribution in respect of each disbursement .It was informed by the PUDA representative that the issue of draw of lots by PUDA in the names of Male Head of the family whereas the scheme stipulate that the ownership/allotment should be in the name of female head of the family or jointly with male head, the matter is referred to the legal cell and the decision will be informed to the convener bank.The representative of the PUDA is requested to apprise the house latest position in the matter.

Item No. 15(i)

Pradhan Mantri Awas Yojana 2017- for Middle Income Group

The government has also introduced a new CLSS loan scheme for the middle income group of the society. The basic ingredients of the CLSS loan scheme for the middle income group are as under:-Beneficiary A beneficiary family will comprise of

husband, wife, unmarried sons and/or unmarried daughters. An adult earning member (irrespective of marital status) can be treated as a separate household;Provided that he / she does not own a pucca (an all weather dwelling


unit) house in his / her name in any part of India.Provided also that in the case of a married couple, either of the spouses or both together in joint ownership will be eligible for a single house, subject to income eligibility of the household under the Scheme.

Carpet Area Area enclosed within the walls, actual area to lay the carpet. This area does not include the thickness of the inner walls. 90 Sq.mt. for MIG-I and 110 sq.mt. for MIG-II

Central Nodal Agencies Nodal Agencies identified by Ministry earlier for EWS/LIG scheme.

Middle Income Group (MIG) - I:

MIG - I households are defined as households having an annual income between Rs.6,00,001 (Rupees Six Lakh One) up to Rs.12,00,000 (Rupees Twelve Lakh).

Middle Income Group (MIG) - II:

MIG - II households are defined as households having an annual income between Rs.12,00,001 (Rupees Twelve Lakh One) up to Rs.18,00,000 (Rupees Eighteen Lakh).

Interest Subsidy 4% per annum on MIG-I and 3% on MIG-II

Primary Lending Institutions (PLIs)

Scheduled Commercial Banks, Housing Finance Companies, Regional Rural Banks (RRBs), State Cooperative Banks, Urban Cooperative Banks, Small Finance


Banks, Non Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) or any other institutions as may be identified by the Ministry.

The government is inviting online applications for PMAY-U through two modes, first is assessment application through pmaymis.gov.in and second is through the common service centers across the country.

The eligible beneficiaries of PMAY can directly contact the banks and lending institutions to avail the housing loan under the scheme. The loan facility is being provided by several banks and non banking finance companies.Member Banks are requested to take steps and ensure to cover maximum beneficiaries under PMAY scheme for MIG.

Item No.16

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.


https://www.sarkariyojna.co.in/find-csc-common-service-centers-city/

https://www.sarkariyojna.co.in/find-csc-common-service-centers-city/

https://www.sarkariyojna.co.in/pradhan-mantri-awas-yojana-online-application-forms-pmaymis-gov/

https://www.sarkariyojna.co.in/apply-online-pradhan-mantri-awas-yojana-pmay/

https://www.sarkariyojna.co.in/apply-online-pradhan-mantri-awas-yojana-pmay/

54 such villages were identified and allocated to banks for opening of Brick and Mortar branches by March 2017 and the Banks were to open the branches at the allocated centres and all the branches were to be opened by March 2017.

The position in opening of branches as on 31.03.2017 is as per Annexure-11 {Page 120-122} from which it is observed that out of 54 identified centres only 3 branches has been opened. PNB has informed that it has opened 3 branches in May 2017 i.e. Jagatpura in district Mohali, Dharangwala in district Fazilka and Vein Poin in district Tarn Taran.

During the deliberations in the 1st Steering Committee meeting to SLBC held on 03.05.2017, the house showed its concern for not opening of branch by any bank at the identified centres during the quarter and all the banks were requested to open the branch at the identified centres by 30.05.2017.

The representative of the banks which were required to open the branches during the quarter are requested to apprise the house about the reasons for not opening of the branches and present status thereof.

Item No. 17

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 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.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).Member banks are requested to ensure that banners have been displayed in all the branches of their bank and pensioners be sensitized through SMS, phone calls or print media for popularizing the enrolment for submission of Digital Life Certificates.

As per the information received from Ministry of Personnel Pension & grievences, 13946 pensioners have submitted digital life certificates from 1st November 2016 to 31st March 2017, out of which 9847 Digital Life Certificates have been submitted successfully, 3831 failed and 268 Digital Life Certificates are pending. Banks which are not compliant of submitting Aadhaar Based Jeevan Praman Patra (Digital Life Certificate) are again requested to take steps for ensuring that the system of submitting Digital Life Certificate is operative in their bank. The Bank wise position is as per Annexure-12 {Page 123}.

Banks whose Digital Life Certificates are pending are requested to take steps to rectify the same, all the member banks are Agenda papers of 140th Meeting of SLBC-Punjab

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

requested to sensitize the pensioners for submitting the Aadhaar Based Jeevan Praman Patra (Digital Life Certificate).

Item No. 17(i)

Jeevan Praman Patra (Digital Life Certificate)-Implementation in the State of Punjab.

Director, Pensions and Welfare of Pensioners, Government of Punjab has informed that there are more than 3.50 lakh Punjab pensioners and State Government has desired to cover all these Pensioners by Digital Life Certificates. Convener bank has requested the concerned department to provide the bank wise numbers of Punjab Government Pensioners.The representative of the department is requested to apprise the house the methodology to be adopted for successful implementation of the Jeevan Praman Patra (Digital Life Certificate) scheme for pensioners of Punjab Government as Aadhar seeding of their accounts will have to be first ensured for submission of Digital Life Certificates.

Item No. 18 Issues of Unique Identification Authority of India (UIDAI)

Item No. 18 (i) District Wise Aadhaar Saturation (Status as on 17th April2017)

District Estimated Population

2015 Aadhaar Saturation% Aadhaar Saturation

Amritsar 2632528 2649087 100.63%

Barnala 630200 618523 98.15%

Bathinda 1467833 1427356 97.24%


Faridkot 653150 653823 100.10%

Fatehgarh Sahib 633921 637951 100.64%

Ferozepur & Fazilka 2144452 2084285 97.19%

Gurdaspur & Pathankot 2429011 2434604 100.23%

Hoshiarpur 1672794 1736093 103.78%

Jalandhar 2305812 2432617 105.50%

Kapurthala 864162 881670 102.03%

Ludhiana 3686210 4264651 115.69%

Mansa 812524 795534 97.91%

Moga 1048713 1049277 100.05%

Muktsar 954031 950578 99.64%

Shaheed Bhagat 649296 675136 103.98%

Patiala 1999882 2013772 100.69%

Rupnagar 722206 752663 104.22%

Sangrur 1748483 1718424 98.28%

SAS Nagar (Mohali) 1042221 1006045 96.53%

Tarn Taran 1183759 1164905 98.41%

Total 29281188 29946994 102.27%

The population of 2015 is the estimated population

**The pending population is mostly in the age group 0-18 years. Population more than 18 years is mostly covered.

Aadhaar Act:

Aadhaar (targeted delivery of financial and other subsidies, Benefits and Services) Act 2016 has been passed by the Parliament & notified in the Gazette of India vide notification dated 26th March, 2016 & Aadhaar (Enrolment and update)


Regulation, 2016 has been notified vide notification dated 12th

Sept. 2016.

As per section 7 of the Act, the Central Government or as the case may be, the State Govt. may for the purpose of establishing identity of an individual as a condition for receipt of a subsidy, benefit or service for which the expenditure is incurred from or the receipt there from forms part of, the Consolidate Fund of India, require that such individual undergo authentication, or furnish proof of possession of Aadhaar number or in the case of an individual to whom no aadhaar number has been assigned, such individual makes an application for enrolment.

As per section 57 of the Act, nothing contained in this Act shall prevent the use of Aadhaar number for establishing the identity of an individual for any purpose, whether by the State or anybody corporate or person, pursuant to any law, for the time being in force, or any contract to this effect.

In view of above Govt of India has already issued notification for use of Aadhaar for disbursement of benefits in centrally sponsored Scholarships, MGNREGA, EPFO, DBTL and National Social Assistance Programme (NSAP). It is further anticipated that from next financial year most of the centrally sponsored programme will be linked with the Aadhaar. In order to transfer the benefits using the Aadhaar Payment Bridge (APB) the accounts of the beneficiaries must be linked with the Aadhaar at NPCI.


A.Pradhan Mantri Jan Dhan YojnaAll the Banks are requested to increase the linkage of the Aadhaar with the bank accounts. The Jan Dhan accounts must be linked with the Aadhaar the present status of the linking of Aadhaar with the Jan Dhan accounts is as follows:-

State Name Total Accounts Aadhaar seeded% Aadhaar

Seeding

PUNJAB 5395683 4441894 82.32%

Punjab is at 9th position now in seeding (%) of Aadhaar in the PMJDY accounts. Earlier, Punjab was at 3rd position.

B.MGNREGAIn state of Punjab, Aadhaar seeding in respect of active MGNREGA workers is 99.45%. However, total number of workers converted into Aadhaar based payments is 71.4%. The status is given below:-

Sr.No District Total

workers

Total No. of Aadhaar seeded in MIS

% Aadhaar seeded

Total No. of workers converted into ABP

% converted into ABP

1 AMRITSAR 18765 18694 99.62% 9920 53.07%

2 BARNALA 27089 26988 99.63% 23324 86.42%

3 BHATINDA 64306 64033 99.58% 43422 67.81%

4 FARIDKOT 45149 45138 99.98% 37888 83.94%

5FATEHGARH SAHIB 35077 34924 99.56% 27304 78.18%


6 GURDASPUR 16875 16559 98.13% 11457 69.19%

7 HOSHIARPUR 46588 46486 99.78% 36416 78.34%

8 JALANDHAR 19404 19042 98.13% 12888 67.68%

9 KAPURTHALA 22433 22351 99.63% 16808 75.20%

10 LUDHIANA 60378 60349 99.95% 39550 65.54%

11 MANSA 53360 53357 99.99% 41329 77.46%

12 MOGA 56338 56270 99.88% 41039 72.93%

13 MUKATSAR 76288 75011 98.33% 41306 55.07%

14 NAWANSHAHR 18015 18012 99.98% 14704 81.63%

15 PATIALA 61570 60712 98.61% 46868 77.20%

16 ROPAR 15580 15458 99.22% 10288 66.55%

17 SANGRUR 56764 56597 99.71% 42945 75.88%

18SAS NAGAR MOHALI 14445 14408 99.74% 10622 73.72%

19 TARN TARAN 27239 27196 99.84% 14269 52.47%

Total 735663 731585 99.45% 522347 71.40%

C.DBTL SchemeAadhaar seeding in LPG database is 91.36% & in Bank database (ATC) is 83.94 %. 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 No. of LPG Consumers

LPG Aadhaar Seeding

% LPG Aadhaar Seeding

Bank Aadhaar Seeding

% Bank Aadhaar Seeding


(ATC) (ATC)

Amritsar 592979 520459 87.77% 476222 80.31%

Barnala 131433 126168 95.99% 119383 90.83%

Bathinda 335349 307260 91.62% 281981 84.09%

Faridkot 144404 141570 98.04% 133353 92.35%

Fatehgarh Sahib 135390 126711 93.59% 119338 88.14%

Fazilka 258698 246370 95.23% 220813 85.36%

Firozpur 197095 186846 94.8% 168318 85.4%

Gurdaspur 377922 349621 92.51% 322372 85.3%

Hoshiarpur 378181 328956 86.98% 298906 79.04%

Jalandhar 556184 519349 93.38% 495591 89.11%

Kapurthala 233933 215877 92.28% 201650 86.2%

Ludhiana 1066067 970444 91.03% 905450 84.93%

Mansa 175873 168436 95.77% 147835 84.06%

Moga 227216 209110 92.03% 189991 83.62%

Muktsar 223106 206280 92.46% 189952 85.14%

Nawanshahr 127933 120597 94.27% 115426 90.22%

Pathankot 172615 155134 89.87% 137977 79.93%

Patiala 466708 418256 89.62% 384112 82.3%

Rupnagar 156397 141596 90.54% 125375 80.16%

Sangrur 397405 366992 92.35% 327846 82.5%

SAS Nagar 329166 274817 83.49% 250623 76.14%

Tarn Taran 226733 212857 93.88% 188310 83.05%

Total 6910787 6313706 91.36% 5800824 83.94%


D.National Social Assistance Programme (NSAP)-

District Name Total Beneficiaries

NSAP

Available UIDs NSAP

UID Availability Percentage

NSAP

AMRITSAR 8,584 7,299 85.03 %

BARNALA 4,844 4,715 97.34 %

BATHINDA 5,504 4,894 88.92 %

FARIDKOT 5,245 5,187 98.89 %

FATEHGARH SAHIB 3,764 3,700 98.3 %

FAZILKA 4,715 4,287 90.92 %

FEROZEPUR 7,697 7,394 96.06 %

GURDASPUR 11,887 10,248 86.21 %

HOSHIARPUR 3,597 3,155 87.71 %

JALANDHAR 3,544 2,940 82.96 %

KAPURTHALA 1,844 1,703 92.35 %

LUDHIANA 9,644 7,531 78.09 %

MANSA 9,805 8,807 89.82 %

MOGA 5,688 4,995 87.82 %

PATHANKOT 4,737 3,940 83.18 %


PATIALA 8,647 8,186 94.67 %

RUPNAGAR 3,202 3,117 97.35 %

SAS NAGAR 2,425 1,098 45.28 %

SANGRUR 16,418 15,432 93.99 %

SBS NAGAR 3,528 3,503 99.29 %

SRI MUKTSAR SAHIB

4,631 4,353 94 %

TARN TARAN 3,793 1,877 49.49 %

Total 133,743 118,361 88.5%

The UIDAI representative is requested to deliberate on the issue.

During the deliberations in the 1st meeting of Steering Committee to SLBC held on 03.05.2017. The representative of UIDAI apprised the house that Aadhaar generation in the State is 102.27% whereas the seeding of Aahaar is very less as compared to the Aadhaar generation. In respect of clarification of Aadhaar Act, he apprised the house that e-Aadhaar is a valid document and no bank/institution should deny the validity of the e-Aadhaar. He further informed the house that Aadhaar number of a person should not be published or disclosed on any document. If the same is required to be published masking of Aadhaar should be done i.e. only last four digits of Aadhaar should be displayed.


Member banks are again requested to ensure meticulous compliance of the clarifications given by the representative of UIADI of Aadhaar Act.

Item No.19 Unrecognized Clusters of MSME and 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 and progress is as per Annexure-13. {Page 124}

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. 20 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. March 2017 is as under:-


904 special target group camps have been conducted by FLCs in the State of Punjab.

846 special target camps have been conducted by FLCs for people newly inducted into the Financial System in the State of Punjab.

3142 number of rural branches have conducted 2358 special camps during the quarter and number of target specific camps conducted during the quarter are 3745.

(Detail of holding the camps by Rural Branches and the data of FLCs is as per Annexure-14 {Page 125} & Annexure-14(i) {Page 126-128}.


Item No.20 (i) Financial Literacy Project in Schools

Ministry of Finance 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 Managers have 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 specified Actions for successful implementation of Financial Literacy project in schools.

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.

- NABARD has already requested banks to submit proposals for organizing Financial Literacy programs for financial assistance maximum of Rs.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.

- As Financial Literacy is an ongoing process, it should be conducted by banks on a regular basis and not be viewed as a one-time activity. Banks are directed to conduct Financial Literacy sessions for the financial year 2016-2017 as per the guidelines of Ministry of Finance.

No. of school mapped

No. of camps organized

No. of Student participated

2200 584 47741(District-wise position is as per Annexure-8) {Page 116}

Controlling heads of banks are requested to apprise their staff on the process flow to be followed and ensure printing, distribution of FL material as per the specifications and for conducting of camps for in schools for implementation of financial literacy project in the schools.

During the deliberations in the 139th meeting of SLBC held on 14.02.2017, member banks were requested to apprise FLC counselors and staff on the process flow to be followed for conducting of camps in schools. Further banks were requested to send the proposal for sanction of organizing the camps to NABARD.Member banks were requested to ensure that in each school mapped, minimum one FLC camps must be conducted by the Branch/FLC during each quarter.

Item No.20(ii)

Opening of Financial Literacy Centres (FLCs) at block level.


Ministry of Finance has observed that people need to be made aware of the advantages of access to formal financial system, savings, credit, importance of timely repayments and building up a good credit history. Financial Literacy Centres have so far been set up at Urban/Semi-urban areas. The present plan of Ministry of Finance is to expand the FLCs to the block level.

In the State of Punjab, 129 FLCs are functioning at District and block level against the target of 143. Detail of FLCs not functioning at block level are attached as per Annexure-15. {Page 129}


During the deliberations in the 1st Steering Committee meeting to SLBC held on 03.05.2017, the house was informed that matter for providing of room at Tehsil or BDO office is under consideration of the State Government.

The house was also informed of the communication received from Rural Development Department, wherein it has been mentioned that the matter to provide space to set up FLCs at BDO office/Tehsil/Municipal office may be taken up at concerned District level.

The representative of Department of IF&B was requested to send the communication to Deputy Commissioner of each district so that matter can be taken up with them by lead district managers for allotment of space for opening of FLCS.

The representative of Department of Institutional Finance & Banking is requested to apprise the progress in the matter.

Item No.20(iii) Celebration of Financial Literacy Week


Reserve Bank of India has advised all banks for celebration of Financial Literacy Week from June 5-9, 2017. The publicity material like Posters, Pamphlets, Booklets etc. are to be collected from RBI by nodal officer of the respective banks for distribution among the field functionaries.Member banks are requested to take all steps for making the Financial Literacy Week a grand success.

Item No.21 Setting up of Rural Self Employment Training Institutes (RSETIs)

19 RSETIs are operating in the State of Punjab which includes RSETIs at Dhudi Ke (District Moga) sponsored by PNB and Tappa Mandi in Barnala District sponsored by Canara Bank.

RSETIs are not operating at following centres.Gurdaspur, Pathankot, SBS Nagar & Tarn Taran.

At Tarn Taran, District Administration has offered half acre land at an annual rental of Rs.25000/- with 10% annual increase. As per MoRD guidelines minimum of One acre land is required to be given free of charges or at nominal rent. Proposal to allot one acre land at nominal rent may be considered.

The representative of Department of Rural Development may apprise the house of the latest developments in the matter.

Land has been allotted for RSETIs at Bathinda, Mansa, Barnala, Muktsar & Ropar.

LDMs to apprise the house about the status of construction of RSETI buildings.

Item Performance of Rural Self Employment


No.21(i) Training Institutes (RSETIs)

From the data on progress of RSETIs up to March 2017, it has been observed that:-

2307 training programmes of skill development were organized wherein 60545 trainees participated.

9195 trainees were financed by the banks to start their Enterprises and 17541 trainees set up their enterprises through owned funds.

Out of total 60545 trainees, 37344 were from SC/ST category, 8566 from OBC, 1167 from minority and 13468 were from other categories.

45348 Women and 330 Handicapped persons were also provided training for self-employment.Performance of the RSETIs functioning in the State up to March 2017 & status of land allotment is given on Annexure-16 {Page 130} & 16(i) {Page 131-133}.

The house may review

Item No.21(ii) Review of Rent Enhancement Clause in respect of RSETIs land in the State .

During the half yearly review meeting of RSETIs held under the Chairmanship of Financial Commissioner (Rural Development) Shri Roshan Sunkaria, on 11.05.2017, the Rural Development Department informed that consideration to relax the condition of 10% hike of rent per annum is under process with reference to meeting held under the chairmanship of ACS Finance on 25.11.2016. Rural Development Department to apprise the house about the latest position in the matter.


Item No.21(iii) Electricity charges being charged at RSETIs in the State of Punjab.

The instructions of Ministry of Rural Development have already been conveyed to all the banks/LDMs vide which it has been 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.

During the half yearly review meeting of RSETIs held on 11.05.2017 under the Chairmanship of Financial Commissioner (Rural Development) Shri Roshan Sunkaria, the issue came up for discussion. The FC (Rural Development) positively responded to the same and assured that the issue will be taken up with PSPCL.

Rural Development Department to apprise the house about the latest position in the matter.

Item No.21(iv)

Credit Linkage of RSETIs Trainees

In the 1st steering committee meeting of SLBC held on 03.05.2017, State Director, RSETIs suggested that in order to effectively use the RSETIs, the banks should:-

Sponsor/refer candidates to RSETIs for training/skill development programmes.

Consider loan application of RSETI trained candidate on priority.

Consider the provision for rejection of loan applications of RSETI trainees at next higher authority at controlling office.

The house may deliberate. Agenda papers of 140th Meeting of SLBC-Punjab

Item No.22 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 March-2017 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 March-2017

%ageAchieveme

nt

Public Sector Banks

164803 42396 26

Pvt.Sector Banks

41139 5163 13

RRBs 18854 10668 57

Coop. Bank 80481 21221 26

Total 305277 79448 26

(Bank wise progress is as per Annexure-17{Page -134)

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. 23 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)Parameter

As At VariationMarch2015

March2016

March 2017

March. 2016 / March. 2015

March. 2017 / March. 2016

Absolute

%age Absolute %age

Branches

5779 6097 6328 318 5.50 231 3.78Agg. Deposits

263880

298548

338105 34668 13.13 39557 13.24

Advances

209091

219455

212272 20364 9.73 -7183 -3.27

PS Adv. 113048

126188

131320 13140 11.62 5132 4.06

Agri. Advances

58393 70495 74878 12102 20.72 4383 6.21

Adv. to MSE

44829 44276 45213 -553 -1.23 937 2.11Weaker Sector Adv.

34549 38282 43219 3733 10.80 4937 12.89

(Bank-wise position is given in Annexure-18 &18 (i-iii) {Page No.135-138}

Item No.23(i)

Branch Expansion

231 new branches of Commercial Banks were opened in the State during the period from 1st April 2016 to 31st March-2017,


thus raising the network of branches from 6097 as at 1st April 2016 to 6328 as at 31st March-2017. Area wise analysis is summarized below:-

Number of Branches


March

2016

March2017

March 2016/ March 2015

March 2017/ March 2016

Absolute AbsoluteRural 2474 2630 2585 156 -45*Semi Urban

1755 1838 1962 83 124

Urban 1550 1629 1781 79 152Total 5779 6097 6328 318 231*P&SB has reduced the rural branches

Observations

During the review period, there is a decrease in number of branches in rural areas of Punjab of the order of 45.

Semi-urban branches have registered an increase to the tune of 124.

Increase in number of branches in urban areas was 152.

This is for information of the House.

Item No. 23(ii)

Deposit Growth.

The aggregate deposits of the Banks in Punjab increased by ` 39557 crore, from ` 298548 crore as at March 2016 to ` Agenda papers of 140th Meeting of SLBC-Punjab

338105 crore as at March 2017, thus posting a growth of 13.24% as against an increase of 13.13% during the corresponding period last year. The area wise analysis is summarized below:-

(Amount ` in Crore)Total Deposits


March2016

March2017

March 2016/March 2015

March 2017/March 2016

Absolute

%age

Absolute

%age

Rural 59454 68712 73841 9258 15.57 5129 7.46Semi Urban

85520 92528 112785 7008 8.19 20257 21.89

Urban 118906 137308 151479 18402 15.47 14171 10.32Total 26388

029854

833810

534668 13.1

339557 13.2

4

Observations-During the review period, growth in deposits has been

7.46%, 21.89% and 10.32% in urban, semi-urban and rural areas respectively.


Item No. 23(iii) Credit Expansion

Gross credit in the State declined by `7183 crores, from `219455 crores as at March 2016 to `212272 crores as at March 2017, thus a decline of 3.27% as against growth of 9.73% during the same period last year.

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

As At Variation


Total Advanc

es

March2015

March2016

March2017

March 2016 /March 2015

March 2017 /March 2016

Absolute

%age

Absolute

%age

Rural 38431 41973 34772 3542 9.21 -7201 -17.15

S.Urban 58967 62168 60753 3201 5.42 -1415 -2.27Urban 111693 115314 116747 13621 12.19 1433 1.24Total 20909

121945

521227

220364 9.73 -7183 -3.27

Observations

During the review period, the growth in outstanding advances in urban areas was 1.24% whereas in semi urban & rural areas it declined by 2.27% & 17.15% respectively.


Item No.23(iv)

Position of ATMs

The position of installation of ATMs as on 31.03.2017 is as under:-

ATMs opened

during the quarter

Total ATMs as on

31.03.2017

No. of off Site ATMS

No. of on site ATMs

27 7566 2312 5254(Bank-wise position is given in Annexure-19) {Page No.139}

Total number of ATMs in the State of Punjab is 7566 out of which 2312 are offsite and 5254 are on site.



Item No.23(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 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 submitted 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 March 2017 & March 2016 of these four districts is given below:-

District CD Ratio (%) as

per Monitor

able Action Plan

(MAP)

CD Ratio % (including NRI Deposits) as at Mar.16

CD Ratio %

(including NRI

Deposits) as at

Mar.17

Growth

March 17/

March 16

(PPs)

CD Ratio %

(Net of NRI

Deposits)

as at Mar-16

CD Ratio %

(Net of NRI

Deposits)

as at Mar-17

Growth

March 17/

March 16

(PPs)

Jalandhar 60 (Mar.18

)

31.48 30.00 -1.48 38.37 38.00 -0.37

Kapurthala 60 (Mar.20

)

30.68 28.32 -2.36 38.46 35.60 -2.46

Nawanshahr 60 (Mar.16

)

35.62 29.16 -6.46 47.21 36.44 -10.77

Hoshiarpur 60 (Mar.21

)

31.76 29.15 -2.61 56.47 51.67 -4.80

Observations:-

The CD Ratio (including NRI deposits) has decreased in all the 4 districts. The CD ratio net of NRI deposits has also decreased in all the four districts.

Lead District Managers have informed that due to demonetization deposits have increased and advances have declined due to recovery in accounts resultantly decline in CD Ratio.


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

CD Ratio of Pathankot district has declined to 36.50% whereas CD Ratio of Ropar district is 40.20%. LDMs of these districts need to take steps to arrest the decline else their districts will also come under MAP.

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

Item No. 23 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 % VariationMarch 2015 79.24March 2016 76.86 -2.38March 2017 63.80 -13.06

(Bank wise CD Ratio as at March-17 is as per Annexure-20 {Page 140} (District wise CD Ratio as at March-17 is as per Annexure-20(i) {Page 141}

Observations:-


During the period under review overall CD Ratio of Commercial Banks for the State of Punjab decreased by 13.06 PPs from 76.86% as at March 2016 to 63.80% as at March-2017. However there is a marginal decline of 1.49 PPs i.e. if we review the same from quarter to quarter i.e as on December 2016 CD Ratio was 65.29 PPs whereas in March 2017 the CD ratio is 63.80 PPs.

The House may review the overall CD Ratio.

Item No. 23 v (ii) CD Ratio - Rural Areas

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

(Amount ` in crores)Period Rural Variation

PPsDeposit Advances CD Ratio %

March 2015 59454 38430 64.63March 2016 68712 41973 61.09 -3.54March 2017 82005 45239 55.16 -5.93

Observations

During the review period, the CD Ratio of Rural areas has decreased from 61.09 % as at March-2016 to 55.16% as at March-2017 thus posting a decline of 5.93 PPs.


Item No. 23 v (iii) CD Ratio - Semi Urban Areas

(Amount ` in crore)Agenda papers of 140th Meeting of SLBC-Punjab

Period Semi Urban VariationPPsDeposit Advances CD Ratio

%March 2015 85520 58967 68.95March 2016 92529 62168 67.19 -1.76March 2017 117468 64691 55.07 -12.12

Observations During the review period, the CD Ratio of Semi Urban areas has decreased by 12.12 PPs from 67.19% as at March-2016 to 55.07% as at March-2017.


Item No.23 v (iv) CD Ratio - Urban Areas

(Amount ` in crore)

Period Urban VariationPPsDeposit Advances CD Ratio

%March. 2015

118905 111693 93.93

March. 2016

127115 125314 98.58 +4.65

March. 2017

153713 115403 75.05 -23.53

Observations:


During the review period, the CD Ratio of Urban areas has decreased by 23.53 PPs from 98.58% as at March-2016 to 75.05 % as at March-2017.


Item No. 23 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 ` 2508.19 crores up to March- 2017 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 63.52%.

Item No. 23 v (vi)

Credit plus Investment to Deposit Ratio

Investments made in the State Govt. bonds by the banks to the tune of ` 4157.71 crore when added to the credit provided by banking system in the State and the flow of credit has gone up to ` 216430 crore. For the period ended March-2017 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

338105 216430 64(Detail of investment in securities & Bonds as per Annexure-21) {Page 142}


Item No. 23 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 64.66% as per detail given as under:-

(Amount ` in crore)S.No.

Particulars Deposits

Advances

CD Ratio

1 Commercial Banks/RRBs.

338105 212272

62.78

2 Including Cooperative Banks

353186 225333

63.80

3 Including Punjab Agri. Dev. Bank*

353186 228124

64.59

4 Including Financial Institutions**

353186 228372

64.66

{*Advances PADB (` 2791 Crores ) **Financial Institutions PFC (` 99.28 crore), PSIDC (` 148.46 Crore).}


Item No. 23 (vi) Priority Sector Advances

During the period under review, Priority Sector Advances in Punjab grew by `5132 crore, from ` 126188 crore as at March-2016 to `131320 crore as at March-2017 thus showing a growth of 4.06 % as against an increase of ` 13140 crore or 11.62% during the corresponding period previous year.

The share of incremental PS advances to incremental advances during the period under review is 42%.

Item No. 23 (vii)

Agriculture Advances


The Agriculture Advances in the State during the period under review witnessed an increase of ` 4383 crore, from ` 70495 crore as at March-2016 to ` 74878 crore as at March 2017 thus showing a growth of 6.21 % as against an increase of ` 12102 crore or 20.72% during the same period last year.

The share of incremental agriculture advances to incremental advances during the period under review is 38%.

Out of the total Agriculture advances of `74878 crores term loan component is `16849 crores which comes to 22.50% (Bank wise detail is at Annexure 18(i){ Page-132}.

Item No. 23 (viii)

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

The advances to Micro, Small & Medium Enterprises during the period under review registered a increase of ` 937 crore, from `44276 crore as at March-2016 to ` 45213 crore as at March 2017 thus showing a increase of 2.11% as against an decrease of ` 553 crore or 1.23% during the corresponding period previous year.

Item No.23 (ix)

Advances to Weaker Sector

During the period under review, Weaker Sector advances increased by `4937crore, from ` 38282 crore as at March 2016 to ` 43219 crore as at March 2017, thus registering a growth of


12.89% as against an increase of ` 3733 crore or 10.80% during the same period last year.

Item No. 24 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 onMarc

h2015

March

2016

March2017

a) Priority Sector Adv. to Net Bank Credit

40 61 61.91 58.85

b) Agriculture Adv. to Net Bank Credit 18 33 36.40 35.18c) Small & Marginal Farmers 7 NA 13.81 15.09d) Micro Enterprises 7 NA 9.21 8.39e) Export Credit 2 NA 1.75 0.28f) Weaker Sector Adv. To Net Bank

Credit10 20 19.91 20.12

g) CD Ratio (Rural) 60 66.11 65.44 55.17h) CD Ratio (S-Urban) 60 64.23 68.23 55.07i) Women Beneficiaries Advances to

NBC5 6.40 8.41 10.19

[Bank-wise performance under National Goals is as per Annexure-22 & 22(i) {Page 143-144].


Observations:

The ratio of Priority Sector Advances to Net Bank Credit as at March.2017 stands at 58.85% as against National Goal of 40%.

The share of Agriculture Advances to Net Bank Credit, as at March.2017 is 35.18% against the National Goal of 18%.

The share of Small and Marginal Farmers to Net Bank Credit, as at March.2017 is 15.09% against the National Goal of 7%.

The share of Micro Enterprises to Net Bank Credit, as at March.2017 is 8.39% against the National Goal of 7%. The share of Export credit to Net Bank Credit, as at March.2016 is 0.28% against the National Goal of 2%.

The advances to Weaker Sector are 20.12% of Net Bank Credit, as against National Goal of 10%.

The CD Ratio of Rural area is 55.17% against the national goal of 60%.

The CD Ratio of Semi Urban area is 55.07% against the national goal of 60%.

The advances to Women Beneficiaries constitute 10.19 % of Net Bank Credit, against the National Goal of 5%.


Item No. 25 Education Loan achievements.

The performance of Scheduled Commercial Banks as on 31.03.2017 forthe financial year 2016-17 is as under:- (Amount `. in Crore)

Year Accounts

Balance O/S

IncreaseAbsolut

e%age


March 2015 36607 1258.55 167.91March 2016 43985 1508.60 250.05 19.86March 2017 33746 1379.97 -128.63 -8.52

(Bank-wise position as at March 17 is as per Annexure-23) {Page 145}.

Number of education loan as on Dec.2016 was 33246 with balance o/s of `.1282.35 crores. Though there is quarter to quarter growth in education loan of 97.62 crores i.e. (7.61%), yet there is negative YoY growth of 8.52% in education loan. Member Banks are requested to give more thrust for making advance under this segment.

Item No. 25(i) Progress of Education loans to Women Students.

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

Out of which advances to women student during the quarter

% of advances made to women student

No. of account

Amount No. of account

Amount

No. of account

Amount

1442 78.70 544 47.63 62.27 39.47 (Bank-wise position as at March 17 is as per Annexure-23(i) {Page 146}


During the quarter ended March 17, the banks in the State of Punjab have made 1442 education loans amounting to ` 78.70 crores, out of which 544 loans amounting to ` 47.63 crores have been made to female students. The percentage of loans advanced to women comes to 62.27% & 39.47% respectively for number of accounts and amount.

This is for the information of the House..

Item No. 25 (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 March 2017 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

33746 1380 40.77 2.95 483 23 4.76(Bank-wise detail as per Annexure-23(ii) {Page 147}.

The House may discuss.

Item No. 26

Advances to Minority Communities.

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

Minority March 2015 March 2016 %age March 2017 %ageAgenda papers of 140th Meeting of SLBC-Punjab

Community

Growth

Growth

A/Cs Amt. o/s

A/Cs Amt. o/s

A/Cs Amt. o/s

Muslims 20548 374.42 19687

475.83 27.08 19674 590.99 24.20

Christians

8013 149.73 9037 190.69 27.35 8444 141.72 -27.35

Jains 2066 619.14 2788 829.68 34.00 4417 1293.29 55.87

Budhists 263 18.28 294 20.42 11.70 412 26.00 27.32Total 30890 1161.5

73180

61516.62 30.20 32947 2052.0

0 35.30(Bank-wise position as at March 2017 is as per Annexure-24 {Page 148}

The overall advances to minority communities have registered an increase of ` 35.30 crore, from ` 1516.62 crore as at March 2016 to `2052 crore as at March 2017, thus showing a growth of 35.30%.

During the quarter ended March 2017, banks disbursed advances to the tune of ` 150 crore to borrowers belonging to minority communities. The bank-wise position is given as per Annexure 24(i). {Page 149}


Item No. 26(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

March 15

361013 12146.14 249.37 2.09

March 16

537979 18071.77 5925.63 48.78 8.41

March 17

761948 24120.63 6048.86 33.47 11.36

(Bank-wise position as at March 2017 is as per Annexure-25) {Page 150}.


The overall advances to women beneficiaries witnessed an increase of `6048.86 crore from ` 18071.77 crore as at March 2016 to ` 24120.63 crore as at March 2017, thus registering a growth of 33.47 %. In the State of Punjab, the share of advances to women beneficiaries to Net Bank Credit as at March 2017 stands at 11.36%, against the target of 5%. The bank-wise position in respect of advances to women beneficiaries to total advances as at March 2017 is given as per Annexure-25(i-ii) {Page 151-152}.

During the quarter ended March 2017, banks have disbursed loans to the tune of ` 4408.66 crores to women beneficiaries. The bank-wise position is given at Annexure-25(iii) {Page 153}.

Item No. 26(ii) Advances to SC Beneficiaries

(Amount ` in Crore)

Year Accounts Balance Outstanding

IncreaseAbsolut

e%age

March 2015

178501 3713.47 13.22

March 2016

175516 3681.37 -32.10 -0.86

March 2017

181815 3791.11 109.73 2.98

[Bank-wise position as at March 2017 is given in Annexure-18(ii) {Page 137}].

The overall advances to SC beneficiaries witnessed an increase of `109.73 crores during the period under review from `3681.37 crores as at March 2016 to ` 3791.11 crores as at March 2017, thus showing a increase of 2.98%.

The House may review.Agenda papers of 140th Meeting of SLBC-Punjab

REVIEW OF GOVT. SPONSORED SCHEMES & PROGRAMMES

Item No.27Review of Govt. Sponsored Schemes & Programmes

Item No.27 (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 NRLM. The scheme is being implemented in 40 blocks of all the 22 Districts. The cumulative performance is as under:-

Position of Self Help Groups under NRLMTarget of

(New+Revived) SHG 31.03.2017

No. of SHGs formed till 31.03.2017

Cumulative position as at 31.03.2017

2380 1868 3993

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

ItemNo.27 (ii) Position of Women Self Help Groups under NRLM

A major thrust of the Mission in the Deendayal Antyodaya Yojana-National Rural Livelihoods(DAY-NRLM) has been to Agenda papers of 140th Meeting of SLBC-Punjab

develop and diversify livelihoods of poor women through bête access to Bank credit. Programmes for Skill Development of women and support for individual beneficiary schemes for livelihoods are undertaken to enable a larger demand for economic activity through Bank credit.

The progress as on 31.03.2017 is as under:-Position of Women Self Help Groups.

No of Women SHG as on 31.12.16

Position of women SHGs during the quarter

Cumulative position as on 31.03.2017

Saving Linked(Nos.)

Credit Linked(Nos.)

Amount Disburse

d (In Lacs)

Saving Linked(Nos.)

Credit Linke

d(Nos.)

Amount Disburse

d (In Lacs)

Saving

Linked

(Nos.)

Credit

Linked

(Nos.)

Amount Disburse

d (In Lacs)

3484 1338 2639.31 358 107 718 2904 396 310.18

Member Banks/LDMs are requested to give more thrust on formation of women SHGs and for extending bank credit to women SHGs.

ItemNo.27 (iii) Opening of Accounts of SHGs-PAN is not mandatory.

During the deliberations in the 139th meeting of SLBC held on 14.02.2017, it was decided that banks will sensitize their branches that PAN is not mandatory for opening of accounts of SHG and pending applications be disposed off expeditiously.

Member Banks are again requested to reiterate the above instructions and ensure meticulous compliance of the same.

Item No.27(iv)Prime Minister Employment


Generation Programme (PMEGP)

KVIC has informed the following progress under PMEGP for the year 2016-17 up to 31.03.2017:-

Particulars KVIC KVIB DIC TotalRural Urban

Target No. of Projects 487 486 324 324 1621Margin Money(Rs. in Lakh)

972.75

972.75 648.50 648.50 3242.50

Employment 3891 3891 2594 2594 12970ProgressCases Sanctioned

294 289 732 1265

Margin Money Released

897.51

809.73 1474.36 3181.60

Employment 1904 2251 5703 9858

Observations:

A sum of ` 3181.60 lakhs has been disbursed as margin money in the 1265 cases disbursed upto 31.03.2017. 9858 unemployed youth have been provided employment.

District wise Targets for the financial year 2017-18 has been allocated by the KVIC and the same is provided at Annexure-26 {Page 154}. Lead District Managers are requested to allocate bank wise targets and ensure to review the progress in each DCC/BLBC meeting.


During the deliberations in the 1st Steering Committee meeting to SLBC held on 03.05.2017, the representative of the department informed the house that 2291 applications sent to the banks for the year 2016-17 are still pending for disposal. He informed the house that these application must be disposed off latest by 31.05.2017 otherwise the same will not be considered for subsidy. Member banks were requested to instruct the branches under their control for disposal of pending application latest by 31.05.2017.

The representative of KVIC/KVIB/DIC may inform latest position to the House.

Item No.27(v) Physical verification for 2013-14 & 2014-15 of PMEGP units in Punjab.

KVIC vide their letter dated 12.04.2017 has informed that M/S Agriculture Finance Corporation India Ltd, New Delhi is selected for the purpose of physical verification for 2013-14 & 2014-15 of PMEGP units in the State of Punjab. Member banks are requested to extend cooperation to the agency in the matter and if required necessary information may be provided to the representative of the above Agency for timely completion of the work.

This is for information of the member banks.

Item No.27(vi) On line e-Portal of PMEGP Scheme.

During the deliberations in the empowered committee meeting on MSME held on 03.10.2016 at Reserve Bank of India, the representative of KVIC informed the house that all the


applications under PMEGP must be entered in the e-portal. He further informed that only those applications will be entertained which will be entered in the e-portal. The procedure for logging in the application, is as under:-

1. Open the website "www.kvic.org.in"2. On home screen click on "PMEGP"3. On PMEGP e-portal, Click on "bank login"

link given on right corner.4. Enter IFSC Code of branch as USER ID.5. Enter email ID of the branch as PASS

WORD. 6. SUBMIT

Branch will receive the one time pass word within one day and after that all applications received under PMEGP must be entered in this portal. Convener bank has already conveyed these instructions to all the member banks and have requested to reiterate the same among the branches of their bank and instruct them for meticulous compliance of the same.

For any technical support send mail to [email protected] from your branch email id with IFSC code, branch name, contact person name, designation and contact number.

During the deliberations in the 139th meeting of SLBC held on 14.02.2017, it was informed by Joint Director (Industries) that only 36% of users have made first login on the portal in the state and 64% are yet to activate their login.

Member banks are again requested to ensure to reiterate these instructions among the branches of their bank for compliance and take steps for activation of portal.

Item No.27(vii) National Urban Livelihoods Mission (NULM)


mailto:[email protected]

http://www.kvic.org.in/

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-27 {Page 155-156}. The progress under the scheme is as under:-

Targets of loan disbursal for FY 2016-

17

Number of ApplicationsReceived Application

RejectedSanctioned Pending

with banks

Amount Disbursed (in lacs)

SEP(I) SEP(G) SEP Bank

Linkage1200 50 50 2288 299 1465 524 1128

The representative of department of NULM is requested to apprise the house latest in the matter please.

During the deliberations in the 1st Steering Committee meeting of SLBC held on 03.05.2017, the representative of the department informed the house that in SEP cases and in SHG groups many banks are not opening the account of SHG groups because of non providing of PAN by the SHG members as banks claim that it is mandatory for providing of PAN number. It was informed to the representative of the department that providing of PAN is not compulsory for opening of accounts of SHG groups and wherever the SHG members do not have PAN, they have to submit Form 60/Form 61.


Further LDMs to ensure to review the position of NULM cases in each DCC/DLRC meeting. It was resolved that a communication be sent by the controlling head to all the branches for disposing off the applications on merits within the time frame fixed by Reserve Bank of India.

Member banks are requested to reiterate the instructions that PAN number is not mandatory for opening of account of SHG groups to the field functionaries and instruct the branches to dispose off the pending cases on merits within the time frame fixed by Reserve Bank of India.

Item No.28

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 31.03.2017 is given below:-

SHGsAs on

31.03.2016

SHGsAs on

31.03.2017

Gap between

SHG formed &

credit linked as

on 31.12.201

6

From 01.04.2016

up to 31.03.2017

No. of SHGs forme

d

No. of

SHGs credi

t linke

d

No. of SHGs forme

d

No. of

SHGs credi

t linke

d

No. of SHGs forme

d

No. of

SHGs credi

t linke

d3556

12507

23902

12719

011831 3460 2118

(District-wise Progress is as per Annexure-28 {Page 157}


Observations:

Up to 31.03.2017, 39021 Self Help Groups have been formed out of which 27190 Groups have been credit linked since inception of the scheme.

The gap between the SHGs formed & linked with bank credit is 11831. During the current financial year 1348 groups have been formed up to March 2017.

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

The House may delibrate.

Item No.28(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 31.03.2017 is given below:-

JLG Financed upto

31.03.2016

Target JLGs Financed

during q.e.March-

2017

Total JLGs Financed

Up to 31.03.201

7

16478 5975 7527 24005(District-wise performance is attached as per Annexure-28(i) {Page

158}


Member banks are again requested to reiterate guidelines to their 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. 29

Annual Credit Plan 2016-17.

Item No. 29(i)

Annual Credit Plan 2016-17 Achievements up to 31.03.2017

The achievement under Annual Credit Plan (2016-17) up to March-2017 is given below:-

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

March 2016ACP 2016-17 up to

March-2017Targets

Ach. % Ach.

Targets Ach. % Ach.

Agriculture 92135 90012 98 101757 83646 82NFS (MSME)

32670 29977 92 37796 27441 73

Other Priority Sector

21103 18640 88 30314 17194 57

Total 145908 138630

95 169867

128282

76

District-wise & Bank-wise disbursement under ACP Annexure-29 & 29(i) {Page 159-162}District-wise & Bank-wise Targets vis-à-vis Achievements under ACP Annexure-30 &30(i) {Page 163-166}District-wise & Bank-wise outstanding under ACP Annexure-31 & 31(i) {Page 167-168}

As against targets of `169867 crore under Annual Credit Plan, Banks have disbursed loans to the order of ` 128282 crore. The percentage achievement works out to 76%.

As against target of ` 101757 crore under agriculture & allied sector, Banks have disbursed ` 83646 crore. The achievement is 82%.


Banks disbursed loans amounting to ` 27441 crore against target of `37796 crs set forth for NFS (MSME). The achievement comes to 73%.

Banks disbursed loans to the tune of ` 17194 crore under other Priority Sector against the target of ` 30314 crore. The achievement comes to 57%.

District wise Analysis

The perusal of district-wise progress up to March-2017 under ACP 2016-17 is given at Annexure-30 {Page 163} which reveals as under:-

The overall targets have been exceeded in 7 districts i.e.Amritsar, Faridkot, Kapurthala, Moga, Muktsar, Nawanshahar & Tarn Taran and missed by varying margins in other districts.

The targets under Agriculture & Allied Sector have been achieved in 5 districts i.e. Bathinda, Faridkot, Ferozepur, Kapurthala & Nawanshahr and missed by varying margins in other districts.

The targets under MSME Sector have been exceeded in 7 Districts i.e. Amritsar, Faridkot, Ferozepur, Kapurthala, Moga, Nawanshahr & Tarn Taran and missed by varying margins in remaining districts.

The targets under Other Priority Sector have been achieved in 3 Districts i.e. Faridkot, Moga & Tarn Taran and missed by varying margins in remaining districts.

Bank-wise Progress:

The study of bank-wise progress given as per Annexure 30(i) {Page 165} reveals as follows:-

Agriculture & Allied Activities


As against target of ` 54940 crore under agriculture sector, Commercial Banks, have disbursed loans amounting to ` 47723 crore. The achievement works out to 87%.

As against target of ` 13705 crore under agriculture sector, Private Sector Banks, have disbursed loans amounting to ` 14207 crore. The achievement works out to 104%.

As against target of ` 6284 crore under agriculture sector, RRBs have disbursed loans amounting to ` 5423 crore, thus showing achievements of 86%.

As against target of ` 26827 crore under agriculture sector, Cooperative Banks have disbursed loans amounting to ` 16292 crore, thus showing achievements of 61%.

MSME Sector

As against target of ` 30101 crore under this sector, Commercial Banks have disbursed loans amounting to ` 21094 crore. The achievement comes to 70%.

As against target of ` 6828 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 6050 crore. The achievement comes to 89%.

As against target of ` 137 crore under this sector, RRBs have disbursed loans amounting to ` 153 crore. The achievement comes to 112%.

As against target of ` 729 crore, Cooperative Banks have disbursed loans amounting to ` 143 crore. The achievement comes to 20%.

Other Priority Sector

As against target of ` 22977 crore, Commercial Banks have disbursed loans amounting to ` 12141 crore, the achievement comes to 53%.


As against target of ` 4957 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 3417 crore, the achievement comes to 69%.

As against target of ` 279 crore under this sector, RRBs have disbursed loans amounting to ` 192 crore, the achievement comes to 69%.

As against target of ` 2100 crore, Cooperative Banks have disbursed loans amounting to ` 1444 crore, the achievement comes to 69%.

The house may review the progress.

Item No. 29(ii) Annual Credit Plan (ACP)

for the year 2017-18.

NABARD has prepared district wise and Sub-Sector wise PLP Projection for the year 2017-18. The total agriculture as per PLP projections for the State of Punjab comes to ` 123912.94 Crores. Accordingly all the Lead District Managers have allocated the bank wise targets and the total targets as per the Annual Credit Plan for the year 2017-18 comes to `115120 crores.

NABARD have informed that in the union Budget, Government of India announced that the ground level credit target for the country for agriculture during 2017-18 will be ` 10 lac crores which is 11% more that the target fixed for 2016-17. The Agriculture target for the year 2017-18 for the State of Punjab as per this allocation is ` 80950 crores.

The ACP targets for agriculture allocated by LDMs are ` 115120/- crores whereas the targets as per MoF are ` 80950 crores. During the deliberations in the 1st Steering Committee


meeting to SLBC held on 03.05.2017, representative of NABARD has approved the higher target of ` 115120 crores, in terms of the instructions that “In case the Annual Credit Plan (ACP) targets is more than the target allocated now, the higher target may be retained for implementation and monitoring.”

Accordingly the District-wise/Bank-wise targets are attached as per Annexure-32. {Page 169-174}

The House may approve.

Item No. 30 Scale of Finance for the year 2017-18

Registrar Cooperative Societies vide their letter dated 12.04.2017 has informed that, during the meeting of State Level Technical Committee held on 12.04.2017, it has been decided that the scale of finance approved for the year 2016-17 will remain the same without any revision for the year 2017-18 (01.04.2017 to 31.03.2018) as well. (Copy of letter received from Registrar, Cooperative Societies, Punjab and Copy of the scale of finance is attached as per Annexure-33 {Page 175} & 33(i) {Page 176-177}.

These Scale of Finance should be adopted by Central Cooperative Banks, Commercial Banks and Regional Rural Banks.


Item No. 31 NPA in Agriculture Sector


The position of NPAs under Agriculture Loans in the State of Punjab as on 31.03.2017 is given as under:-

(Amount ` in Crore)Outstanding

under Agriculture

Loans

NPA under Agriculture

loans

%age of NPA to Agri. advanc

e

Total Advanc

e

%age of NPA to total advanc

esNo. of Account

s

Amt No of Account

s

Amt

3129831

85361

116852 4940

5.79 225333 2.19

(Bank-wise progress is as per Annexure-34) {Page 178}

NPA under Agriculture are to the tune ` 4940 cores which is 5.79% of agriculture advances outstanding and 2.19% of total advances respectively in the State.

This is for the information of the House.

Item No. 32 Ground level Credit data

The The position of Ground level credit disbursement by the financial institutions in the State of Punjab segment wise is as under:-

(Amount ` in Crore)

Particular

Crop Loans Term Loan Agriculture

Total Agriculture

Targets

Achievements

Targets Achievements

Targets Achievement

s

Commercial Banks

5219 50558 16821 11247 69013 6180


3 5

RRBs 4892 4693 1288 494 6180 5187

Coop. Banks

22128

13677 3367 2314 25495 15991

PADB 355 194 928 469 1284 663

Total 79568

69122 22404 14524 101972

83646

The Segment wise position is placed as Annexure-35 {Page 179}.

The house may discuss.

Item No. 32 (i)

Position of Agriculture Advances through Term Loan.

The Position of Term Loan to agriculture sector is as under:-(Amt. in crores)

Outstanding under

Total Agriculture Advances

Outstanding under Term Loan

No. of Accounts

Amount No. of Accounts

Amount

1730586 74878 525489 16849


Thus Term Loan to agriculture constitutes 22.50% of total agriculture advances. The position is placed as Annexure-36 {Page 180}.


Item No.33

Solar Pump Set 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 during quarter ending March-2017

Amount Disbursed since 01.04.2016

3235 28 65 (Bank-wise detail as per Annexure-37) {Page 181}

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

Item No. 34 Interest Subvention to SF/MF against Negotiable Warehouse Receipts.


NABARD has recently issued guidelines for interest subvention to Small and Marginal Farmers against warehouse receipts. Brief description of the scheme is as under:-In order to discourage distress sale by farmers and to encourage them to store their produce in warehouses against warehouse receipts, the benefit of 2% interest subvention will be available to banks on their own funds involved for extending credit support up to Rs. 3 Lakh at 7% interest per annum to small and marginal farmers having Kisan Credit Card for a period of up to 6 months post-harvest against negotiable warehouse receipt for keeping their produce in accredited warehouses. Subvention (incentive) for prompt repayment will not be available to the farmers for loans extended against Negotiable Warehousing Receipts (NWRs).

Member banks are requested to note the above instructions/guidelines of NABARD and sensitize the field functionaries for popularizing the scheme of interest subvention to SF/MF against Negotiable Warehouse Receipt.

Item No.35 Farmers’ Club Programme.

The cumulative progress achieved in formation of Farmers’ Clubs in Punjab as at 31.03.2017 is as follows:-


Farmers club

target for 2016-17

Farmers Club approved

upto March-2017

Farmers Club launched

during 2016-17

Cumulative position as

on 31.03.2017

180 184 118 2865

During the financial year 2016-17, Commercial banks in Punjab have launched/ established 118 new Farmers’ Clubs.

The House may review the progress.

Item No.36 National Horticulture Board & National Horticulture Mission

The summary of the progress achieved in LOI cases of National Horticulture Board as on 31.03.2017 is as follows:-

(Amount ` in Lacs)Year LOI

IssuedCases

disbursedSubsidy Released

2013-14 22 21 622.622014-15 50 10 616.702015-16 77 17 702.242016-17 15 43 778.23

The House may review the progress.

Item No. 37 Advances to Industrial Sector


Item No. 37(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 March-2016 March-2017

Accounts

Amount Accounts Amount

Micro Enterprises

423463 18888 523184 20362.60

Small Enterprises

81080 20541 87462 19699.16

Micro & Small Enterprises (MSE)

504543 39429 610646 40061.76

Share of advances to Micro Enterprises/MSE

Not Applica

ble

48% Not Applicabl

e

51%

Medium Enterprises (ME)

5238 5317 5347 4954.77

MSME 509781 44747 615993 45016.53(Bank-wise performance is as per Annexure-38 & 38(i) {Page 182-

183}.

Observations

In the State of Punjab, banks have provided credit to the tune of ` 45016.53 crore to 615993 Micro & Small units up to March-2017 as against ` 44747 crore to 509781 units as at March-2016. The annual growth in number of micro enterprises accounts is 23.54 % against the target of 10%.


The YoY growth of credit to MSEs has increased marginally by 0.12% against the target of 20%.

The share of advances to micro enterprises to total MSE as at March 2017 is 51% 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. 37.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 March-2017 is given below:-

(Amount ` in Crore)Institution Number

of U/SU New SME Units

FinancedNew SME


Branches

Accounts

Opened Per

Branch

Number

Amount

Commercial Banks

3666 53936 4139 14.71

RRBs 77 3101 33 40.27Total 3743 57037 4172 15.24

(Bank-wise performance is as per Annexure 38(ii) {Page 184}

Observations:

During the period ended March-2017, 3743 Urban/ Semi Urban branches of banking system in Punjab have financed 57037 new accounts under SME sector.

The per branch new SME account comes to 15.24 as against annual target of 5 cases per branch.

The performance is satisfactory.

Item No. 37.i (b)

Collateral Free Loans to MSME

The position for the quarter ending March-2017 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

Mar.2015 8896 44633 8155(92%)

41410(93%)

Mar.2016 67408 78939 63013(93%)

67174(85%)

Mar.2017 91694 206398 87127(95%)

190197(92%)

(Bank-wise information is as per Annexure-38(iii) {Page 185}


Banks have provided loans up to ` 10 lakh to 91694 MSE units during the quarter ended March-2017, out of which collateral free loans have been provided to 87127 units which means the coverage is 95%.

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. 37.i (c)

Position of NPA in MSME advances

The relevant data in this regard for quarter ended March-2017 is placed below:-

(Amt . in ` crore)Number of MSME Loan

accounts outstandin

g

Amount of MSME Loan outstanding

Out of 2, NPA

outstanding

%age of NPA

under MSME Loan

Out of 2, MSME loan

granted collateral

free

Out of 5, NPA

outstanding

%age of NPA in collateral free MSME

1 2 3 4 5 6 7

615993 45016 6455 14.34 4449 713 16.02

(Bank-wise detail as per Annexure-38(iv) {Page 186}


Item No. 37.i (d)

Review of Growth in MSE Accounts

The relevant data in respect of Commercial Banks for quarter ended March 2017 is placed below:-

(Amt . in ` Crores)


MICRO ENTERPRISES Accounts MICRO & SMALL ENTERPRISESNo. of

Accounts as on

31.03.2016

New accounts opened during

the Financial year upto Mar.2017

% growth in No.

of Account

s

Credit Outstandin

g as on 31.03.2016

Credit provide

d during

the Year upto

Mar.17

% growth in

credit.

388649 101773 26 39709 11255 28

(Bank-wise detail as per Annexure-38(v) {Page 187}

Observations:

During the period under review the Commercial Banks in the State opened 101773 new accounts of Micro Enterprises showing growth of 26% in the number of accounts opened during this fiscal year.

Banks in the State have provided fresh credit to the tune of ` 11255 crores to MSE during the period under review, thus showing a growth of 28 %.


Item No. 37.i (e)

Position of Sick MSEs.

The position of sick SME units as at March-2017 is as follows:-

(Amt. ` in Crores)SME units

identified as sick as at

31.03.2017

SME units classified as Units under nursing

Units where

viability decision yet to be

takenUnits Amt. Viable Non viable Unit

sAmt. Unit

sAmt.

Units

Amt. Units Amt.

16486

1924.73 160 10.7

21618

91900.5

8 33 158.07 137 13.4

3

(The bank-wise data is available on Annexure-39 {Page 188}


This is for information of the House.Item No. 37.i (f)

Issues of Reserve Bank of India pertaining to MSME advances.

In order to have perceptible improvement and effective control in MSME sector, Reserve Bank of India has desired that:-

1. Banks to proactively provide the facilities such as Standby Credit Facility, separate additional working capital limits, mid-term review of limits, etc., as envisaged in the RBI circular dated August 27, 2015 on 'Streamlining flow of credit during their life cycle in order to provide timely and adequate credit to MSEs'. Banks may put in place Board approved policy, if not done so, to enable their branches/offices for providing the above facilities to MSEs.

2. Banks and Industry Associations to spread awareness amongst their field level functionaries / members about the facilities available on the 'Udyamimitra.in' portal and advantages thereof.

3. Further, as per available data, there were 15494 sick units in Punjab out of which, only 113 units in Punjab were found viable by the banks and viability study in respect of 272 units in Punjab was yet to be undertaken.

4. It has been observed that some banks have not yet constituted the committees as advised under the framework for revival and rehabilitation of MSMEs and even if the Committees are constituted, no meetings have taken place/ no cases are resolved so far.

5. Banks need to share NPA details with Industry Associations, who in turn have been advised to interact with the concerned entrepreneur as required.


6. Industry Associations also need to be advised to create awareness for submitting applications for revival and rehabilitation, as envisaged in the RBI circular dated March 17, 2016 on 'Framework for revival and rehabilitation of MSMEs' and guide their members to seek intervention of MSME facilitation councils for resolution of delayed payments.

7. Banks to advise their Regional offices to put in place a mechanism to ensure due diligence while sanctioning loans under PMMY and also ensure end use of the funds. (Details of the findings of the study conducted by RBI given in Annexure-40) {Page 189}.

The representative of Reserve Bank of India is requested to apprise the house on the expectations and steps required to be taken by banks.

Item No. 37.i (g)

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 2016-17(Upto March-

2017)

Cumulative Position

as at March-2017

Accounts

Amount Accounts

Amount Accounts

Amount

50104 283602 11739 40532 61843 324134


(Bank-wise performance is as per Annexure-41) {Page 190}

Observations:

The banks, up to March 2017, have covered 61843 MSE units amounting to ` 324134 lakh under the Credit Guarantee Fund Scheme. Upto the period ended March 2017, banks have covered 11739 cases under the scheme amounting to ` 40532 lakh.

The house may review the performance.

Item No. 38 Standing Advisory Committee on MSME-Rationalization of Mortgage Registration Charges.

The 21st meeting of Standing Advisory Committee on MSME held on March 3, 2017 at RBI, Chennai and at action point no. 11 of the said meeting, it has been decided that "IBA to prepare a compendium of mortgage registration charges prevailing in all States and provide it to the SLBC convenor banks so that the committee may take up the matter with their respective State Government for rationalisation of charges."

Convener Bank vide their e-mail dated 18.04.2017 sent the compendium of mortgage registration charges prevailing in all the States/UTs to Director, Institutional Finance & Banking and have requested to take up the matter with concerned department to know the view point of the State Government for rationalization of Mortgage Registration charges in the State of Punjab.


The representative of the Department of Institutional Finance & Banking is requested to apprise the latest position in the matter.

Item No39 Recovery of Banks' Dues

Item No. 39(i) Recovery Under Key Parameter of Priority Sector

The comparative position of sector wise recovery of Priority Sector as at March 2017 is given below:-

Sector %age Recovery Variation March 16/15

Variation March 17/16

March 2015

March 2016

March 2017

Agriculture

87.54 87.88 77.12 +0.34PPs -10.76

MSE 82.96 82.25 62.41 -0.71 PPs -19.84Education 76.84 71.01 69.40 --5.83 PPs -1.61Transport 77.54 70.65 60.25 -6.89 PPs -10.40Others PS 88.85 88.76 75.65 -0.09 PPs -13.11Total PS 87.46 87.50 75.43 +0.04 -12.07

The sector wise demand / recovery & %age recovery as at March 2017 is as follows:-

(Amount ` in crore)Sector Demand Recovery %age Recovery

Agriculture 34670 24739 77.12MSE 4162 2598 62.41Education 344 238 69.40Agenda papers of 140th Meeting of SLBC-Punjab

Transport 219 132 60.25Others PS 7744 5858 75.65Total PS 47140 35566 75.45

(Bank-wise recovery position is as per Annexure-42 {Page 191}Observations

The overall recovery of PS Advances as at March 2017 is 75.43 % as against 87.50% as at March 2016.

The recovery under agriculture is 77.12% as at March-2017 as against the 87.88% as at March 2016.

The recovery under MSE sector is 62.41% as at March-2017 as against 82.25% as at March 2016.

The recovery under Education sector is 69.40% as at March-2017 as against 71.01% as at March 2016.

The recovery under Transport Sector is 60.25% as at March-2017 as against 70.65 % as at March 2016.

Whereas, the recovery under Others PS is 75.65%as at March-2017 as against 88.76% as at March 2016.

The House may review the recovery under key sectors of Priority Sector.

Item No. 39(ii) Recovery Under Government Sponsored Programmes

The comparative position of sector wise recovery of Priority Sector as at March 2017 is as follows:-

Sector %age Recovery Variation March 16/15

Variation March 17/16March

2015March 2016

March 2017

NRLM 71.44 59.97 60.92 -11.47 +0.95PMEGP 56.60 33.46 54.33 -23.14 +20.87SHG 62.77 61.68 59.90 -1.09 -1.78Agenda papers of 140th Meeting of SLBC-Punjab

SJSRY(NULM)

58.92 20.36 45.40 -38.56 +25.04

The sector wise demand/recovery & %age recovery as at March 2017 is as follows:-

(Amount ` in crore)Sector Demand Recovery %age

RecoveryIRDP/SGSY 54.22 33.03 60.92PMEGP 88.45 47.96 54.23SHG 16.60 9.94 59.90SJSRY 6.20 2.82 45.40

(Bank-wise recovery position is as per Annexure-42(i). {Page 192}

Observations The recovery as at March 2017 under has increased in

SGSY. PMEGP & SJSRY cases whereas the same has declined in SHG over the previous year.

However, these figures also include the recovery through compromise cases and cash recovery under all these schemes may be further less.

The House may review the recovery under Government sponsored schemes.

Item No.39(iii)

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


The position as at March 2017of pending Recovery Certificates filed under State Recovery Acts is given below:-

(Amt.

` in lac)S. No.

Particulars No. of RCs Amount

i Cases settled during the quarter

204 842.17

ii Total pending cases 1992 5661.88iii Out of (ii) above, cases

pending for less than six months

195 521.01

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

466 542.89

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

1331 4597.98

(District-wise & Bank wise position is as per Annexure 42(ii) {Page 193-194}

Observations

As many as 1992 cases filed under State Recovery Acts involving a sum of ` 5661.88 lakh are lying pending with Recovery Officers. 1331 RCs with amount outstanding to the tune of ` 4597.98 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 of Amritsar, Bathinda, Fazilka, Kapurthala, Ludhiana, Muktsar & Tarn Taran and mainly of PNB, P&SB, SBI, SBOP & Punjab Gramin Bank.

Lead District Managers are requested to attend the revenue officers meetings and discuss the pending


cases and take steps for settlement of pending recovery cases.

Item No. 40 Delay in taking possession of assets-

Permission by District Magistrates under section 14 of SARFAESI Act, 2002.

The position of pending cases under SARFAESI in the State of Punjab under as on March 2017 is as under:-

(Amt ` in Lacs)

No. of Pending Cases with

District Magistrates

Cases pending for more than

one Month

Amount Involved

167 164 44672 (Bank-wise Position is as per Annexure 43) {Page 195} (District-wise position is as per Annexure 43(i) {Page 196-200}

The districts with Maximum Pendency are as under:-42 cases are pending in Ludhiana District, 11 in Amritsar District and 9 each in Mohali & Jalandhar district.

Directorate of Institutional Finance & Banking has already requested all the District Magistrates in the State of Punjab to accord due priority to these cases and if required Revenue Officer may be authorized for taking help of the police wherever necessary for the purpose. However, police may not investigate the matter at their level as there is no such provision in the said Act. In such cases, police is mainly to


assist the District Magistrate or the officer authorized as aforesaid to take possession of the secured assets.

Member Banks/LDMs are requested to take note of the above instruction of the department and take steps for settlement of pending cases under SARFAESI Act.

Item NO. 41 Yearly Calendar of holding SLBC meetings

In order to streamline & strengthen the system of holding SLBC meetings, RBI in terms of their letter no. RPCD.CO.LBS. BC.NO.44/ 02.19.10/201-11 dated 29.12.2010 addressed to CMDs of all SLBC Convener Banks have been given broad guidelines for convening the above meetings, in terms whereof Convener Bank has prepared a yearly calendar of SLBC meetings.

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.


Any other issue with the permission of the Chair


ITEMS FOR INFORMATION OF THE MEMBERS

Item No.42 Basic Banking Accounts and issuance of GCCs

The progress achieved by banks in opening of Basic Banking Accounts and issuance of GCCs up to March 2017 in Punjab State is as follows:-

(Amount ` in Lakh)

Basic Banking Accounts Opened

GCCs Outstanding

Number Amount Number Amount

12335727 768320 194854 367713(Bank-wise progress under Basic Banking Accounts is as per Annexure 44)

{Page 201}(Bank-wise progress under issuance of GCCs is as per Annexure 44 (i) {Page

202}

Observations

Banks during the quarter ended March 2017 have opened 727254“Basic Banking Accounts” having balance of ` 30215 lakh.

Banks during the quarter ended March 2017,, banks have issued 19072 GCCs amounting to ` 24637 Lakh.

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 43 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.44 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. March 2017 is as under:-

(Amt. ` in Lacs)Targets under

DEDSFor 2016-17

Achievements up to March-

2017

%achievement

Not allocated by Department

15286 N.A.


(Bank-wise progress is as per Annexure 45) {Page 203}


Item No.45 Progress of Agro Food Processing Industries.

The performance under the scheme upto q.e. March-2017 is as under:-

(Amt. ` in Lacs)Advances made during the quarter March-2017

Cumulative figuresup to March-2017

No. of A/cs Amount No. of A/cs Amount704 75614 2620 216583

(Bank-wise progress is as per Annexure 46) {Page 204}


Item No.46

Swarojgar Credit Card Scheme

The progress up to March-2017under the Scheme is as under:-

(Amt. ` in Lac) Particulars Commerci

al BanksRRBs Coop.

BanksTotal

Annual Target (Nos.)

2500 1000 1500 5000

No. of SCCs Issued 278 1 295 574Amount Disbursed 291 0.25 119 410.25

(Bank-wise progress is as per Annexure-47) {Page 205}

The analysis of the data reveals that against the quarterly target of 5000 Swarojgar Credit Cards (SCCs), Banks up to March 2017 have issued 574 cards amounting to `410.25 lacs.

The house may review the progress please.Agenda papers of 140th Meeting of SLBC-Punjab

Item No. 47 Kisan Credit Card (KCC) Scheme

The progress achieved by banks in implementing Kisan Credit Card scheme up to 31.03.2017 is given below:-

(Amt. ` in crores)Period Sanctioned Disbursed Outstanding

No. ofKCCs

Amount No. ofKCCs

Amount No. ofKCCs

Amount

Commercial Banks2006-07 127378 1922.72 126600 1991.76 125885 1968.402007-08 132795 2740.04 132217 2705.51 130283 2610.292008-09 165774 3717.19 165218 3601.61 164644 3536.682009-10 148942 3660.91 147827 3572.18 147453 3562.372010-11 208279 5286.39 196436 5162.14 168840 2477.682011-12 238586 8347.89 237801 8138.17 235003 7930.882012-13 284701 11276.01 284076 10819.74 212615 8747.402013-14 333958 18662.62 333186 18489.25 293747 14203.932014-15 288364 20649.10 288250 19795.64 362032 18218.582015-16 2982709 102155.1

8290513

299420.22 101440

5104459.9

3Since inceptionup to Mar-17

3246537 116995.10

3168033

114575.81

1207471

5593622

Cooperative Banks2006-07 33937 205.78 33937 205.78 33937 205.782007-08 35494 601.51 35494 601.51 35494 601.512008-09 18570 157.57 18111 139.62 18111 139.612009-10 16216 749.47 16216 749.47 16216 749.472010-11 22417 332.44 22415 282.78 14241 175.272011-12 8095 149.25 8077 148.87 8075 148.022012-13 17521 239.31 17521 239.31 17521 239.312013-14 15804 192.45 15804 192.45 15804 192.452014-15 13840 128.08 13840 128.08 13840 128.072015-16 998118 7813.96 998098 7763.92 948932 7217.86Since inceptionup to March 17

1004579 7891.32 1004579

7841.23 944416 7243.91

Total since inception

4251116 124886.42

4172590

122417.04

2151887

6318013

(Bank-wise progress up to Mar-17 is as per Annexure-48) {Page 206}

HighlightsAgenda papers of 140th Meeting of SLBC-Punjab

From 1st April 2016 to 31st March2017, the Commercial Banks have sanctioned 263828 Kisan Credit Cards amounting to ` 14839.91 crores and disbursement has been completed in 262901 cases to the extent of ` 15155.59 crores. In addition to this, during the same period, Cooperative Banks have sanctioned 6428 Kisan Credit Cards amounting to ` 65.29 crores.

Since inception of the scheme, Commercial and Cooperative Banks jointly have sanctioned kisan credit cards to 4251116 farmers amounting to ` 124886.42 crores in the State, out of which disbursement has been made to farmers to the tune of ` 4172590 crores. On cumulative basis, there are 2151887 outstanding KCCs amounting to ̀ 63180.13 crores as at 31.03.2017.


Item No.47(i)

KCC-ATM cum Debit Cards position.

The position of KCC outstanding and the number of ATM Debit Card issued to the KCC holders as on 31.03.2017 is as under:-

KCC outstanding as on March-2017

ATM-cum Debit card issued up to March-2017

No. Of KCC holders without

ATM cards.

2151887 1208763 943124 (Bank wise position is as per Annexure-48(i) {Page 207}



Item No. 48 Golden Jubilee Rural housing Finance Scheme

The progress achieved under the scheme up to 31.03.2017 is given below:

(Amount ` in lac)

During quarter endedMarch-2017

Cumulative up toMarch-2017

Sanctioned Disbursed Sanctioned

Disbursed

No. Amt. No. Amt.

No. Amt.

No. Amt.

1353

4340 1407 4496 8127

30796

8210

28385

(Bank-wise position is given as per Annexure 49) {Page 208}.

Observations:

During the quarter ended March-2017, under Golden Jubilee Rural Housing Scheme, banks have sanctioned loans to 1353 beneficiaries amounting to ` 4340 lac and disbursement has been completed in 1407 cases to the tune of ` 4496 lac under the Scheme.

This is for information of the members.

Item No. 49 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 March 2017 is given below:-

(Amt. ` in crore)

Sr. No.

Particulars Previous quarter ended

December-2016

Current quarter ended

March-2017No. Amoun

tNo. Amoun

ta) Loans

sanctioned to SSI

8319 604.79 7350 529.28

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

8035 578.11 7201 427.48

(Bank-wise performance is as per Annexure-50 {Page 209}

Highlights

During the quarter ended March-2017, banks have sanctioned loans amounting to ` 529.28 crore to 7350 SSI units. Out of these, loans amounting to ` 427.48 crore have been sanctioned to 7201 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. 50 Financing of Tenant Farmers/Oral Lessees and Share Croppers.

NABARD has informed that Andhra Pradesh State Government 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, Government 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. 51 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 Agenda papers of 140th Meeting of SLBC-Punjab

promoting economic development activities and self - employment ventures for the benefit of persons with Disabilities (PwDs). The detailed information on schemes and programmes of NHFDC is available on website www.nhfdc.nic.in.

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

Item No. 52 Government Sponsored Subsidy Schemes under farm & non farm sector.

In order to create infrastructure and increase capital formation in agriculture and SSI, the Government of India has launched various schemes, wherein the Govt. of India also provides subsidy. NABARD is nodal agency for implementation of all such schemes. The progress up to 31.03.2017 made under different schemes conveyed by NABARD is placed below:-

(Amount ` in lakh)S. No.

Scheme Cases

Financial Outlay

Bank Loan

Subsidy Sanctioned


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

1 Cold Storage

132 17102 10160 3152

2 Rural Godowns

1545 149225 108829

20356

3 ACABC 10 84 75 27

4 CLCSS 432 NA 16793 2515

5 AMI 2062 98887 70670 241326 Solar

Light & Solar Water Heater

137 1275 782 208

7 Solar Water Pump Scheme

55 293 189 112

8 Solar Light & Water Heater

53 32 15 12

Total 4426 266898 207513

50514

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 Agenda papers of 140th Meeting of SLBC-Punjab

Inputs under National Project of Organic Farming.

This is for the information of the members.


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