Bid to bolster credit delivery and financial inclusion across Lower Subansiri district

ZIRO, Nov 12: Ziro, the headquarters of Lower Subansiri district, recently hosted the combined District Consultative Committee (DCC) and District Level Review Committee (DLRC) meeting, organized by the State Bank of India's Lead Bank Office and chaired by Assistant Commissioner Radhe Tatung, bringing together key stakeholders to evaluate the region’s financial landscape.

Attendees included Reserve Bank of India Manager Sounyadip Chatterjee, NABARD District Development Manager Lalit Kumar Morya, District Programme Officer Joram Tatum, and Deputy Superintendent of Police Lod Tari, alongside various bank representatives and line department officials.

Discussions centered on core banking metrics, covering credit flow, financial inclusion progress, and the rollout of government-sponsored and social security initiatives under the Annual Credit Plan (ACP).

Addressing a backlog of pending subsidies for the 2025–26 financial year under the AtmaNirbhar and DDUSY schemes, Tatung urged bankers to fast-track processing and clear all pending cases by the end of the month. He emphasized seamless coordination between banks and departments to prevent delays for eligible beneficiaries.

During the session, Morya underscored the necessity of meeting ACP targets, urging banks to expand institutional credit support for farmers and entrepreneurs while driving awareness around critical programs like the Agriculture Infrastructure Fund and the Agri-Clinics and Agri-Business Centres Scheme.

Additionally, the chair mandated prioritization of major social security initiatives—including the Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, and Atal Pension Yojana—to maximize rural and remote area coverage.

The meeting concluded with a renewed commitment to inter-agency collaboration between banks, the RBI, NABARD, and local administration to bolster credit delivery and financial inclusion across the district. (DIPRO)