Chardham yatra: Mobile ATM will be installed in Kedarnath and Yamunotri, ACS gave instructions in the banker’s committee meeting
Summary
During the 84th State Level Bankers’ Committee meeting, a decision was made to establish a goal for launching new bank branches along the Chardham Yatra routes in the upcoming fiscal year. This move aims to provide banking services to the devotees who visit these religious sites and offer them easy access to financial facilities. The decision taken by the committee is expected to enhance the availability of banking services in the area, which will benefit not only the pilgrims but also the local population residing in these regions.
Expansion
During the 84th meeting of the State Level Bankers Committee, Additional Chief Secretary (Finance) Anand Bardhan directed bank officers to install ATMs and mobile ATMs at Kedarnath and Yamunotri in preparation for the upcoming Yatra. He also urged for an increase in the number of ATMs and bank branches on the Char Dham Yatra routes to provide better access to banking services for devotees and locals. The instructions were given to ensure that pilgrims visiting these religious sites have access to essential financial services, and the committee set a target for opening new bank branches in the coming financial year along the Yatra routes. The move is expected to enhance the availability of banking services and improve the convenience of the pilgrims visiting these places.
During a meeting that was attended by several officials including Secretary Agriculture BVRC Purushottam, Additional Additional Secretary Rural Development Dr. Anand Swaroop, Additional Secretary Tourism Dr. Pooja Garbyal, Regional Director RBI Latha Vishwanathan, and Chief General Manager NABARD Vinod Kumar Bisht, it was suggested that the Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, and Atal Pension Yojana be widely promoted and implemented in the district with the help of banks and district administration. The officials recommended that these initiatives be included in the permanent agenda in level meetings to ensure their continued promotion and implementation. The move is expected to increase awareness of these schemes and encourage more people to enroll in them, thereby improving the financial security of individuals and families in the district.
District cooperative banks will be opened in Bageshwar, Champawat, and Rudraprayag
The Additional Chief Secretary has ordered the establishment of district cooperative banks in Bageshwar, Champawat, and Rudraprayag. However, delays in the process have been reported, and as a result, the official has called for a report on the reasons behind these delays. Some obstacles were pointed out during the meeting, and the official has instructed concerned authorities to forward the matter to the government for resolution. The establishment of district cooperative banks in these areas is expected to provide better access to banking services for the local population and help promote economic growth in the region.
Instructions to increase the credit deposit ratio in hilly districts
During a recent meeting, the Additional Chief Secretary directed concerned authorities to take effective steps to improve the credit deposit ratio in hilly districts. To achieve this goal, it was decided that a sub-committee of the State Bankers’ Committee would be formed to study the issue and suggest ways to improve the credit deposit ratio. The sub-committee is expected to work closely with local banks and financial institutions to find practical solutions to this problem. Improving the credit deposit ratio is essential for promoting economic growth in hilly districts, as it will encourage more lending by banks and financial institutions, leading to increased investment and development in the region.
In the sub-committee meeting for approval of loan applications,
During a recent meeting, concern was raised over the slow progress of loan applications in various self-employment and livelihood-related schemes. The Additional Chief Secretary urged banks to take extra efforts to increase the acceptance of such applications and ensure that loan disbursement takes place quickly. To address this issue, it was decided to form a sub-committee that would work closely with local banks and financial institutions to study the problem and come up with practical solutions. The sub-committee is expected to identify the challenges faced by applicants and suggest ways to streamline the loan application process, making it more accessible and transparent. Improving access to credit for self-employment and livelihood-related schemes is crucial for promoting entrepreneurship and economic development, especially in rural areas.
Grameen Haats will be set up in every block
During a recent meeting, it was decided to establish Gramin Haats in each development block to provide a market for local products. The aim is to promote and support local entrepreneurs and artisans, and to provide a platform for them to showcase and sell their products. The Additional Chief Secretary has instructed concerned authorities to take action to implement this decision. The establishment of Gramin Haats is expected to create opportunities for local businesses and boost the rural economy, while also promoting traditional crafts and products. This move is in line with the government’s emphasis on promoting local products and encouraging entrepreneurship and is expected to have a positive impact on the livelihoods of rural communities.
