For ‘Green Houses’: Collector

Collector Anshul Mishra on Wednesday urged bankers to expeditiously release the differential rate of interest (DRI) loans taken out by poor beneficiaries for the ‘Green House’ scheme of the State.

Under this scheme, Rs. 1.80 lakh would be allotted for each beneficiary, of which Rs. 30,000 is for purchasing solar-powered home lighting system. The beneficiary must have the title deed for 300 sq. ft of land in their name and also raise the foundation, for which the loan would be required.

The Collector was addressing the District Consultative Committee at the Madurai Collectorate, during which he also released the detailed Annual Credit Plan (ACP) of Madurai district for the current financial year.

A significant addition to this year’s ACP was that it featured information such as MICR codes of all bank branches, the Business Correspondents appointed by various banks and all their mobile numbers.

Further, he also urged the bankers to monitor their business correspondents appointed in rural areas and ensure that they disbursed the old age pensions properly.

Mr. Mishra also reviewed the disposal of petitions received by the Chief Minster’s cell and the District Collector’s office, during which he directed the bankers and officials concerned to keep him updated of the action taken in the grievances aired.

He also gave directions to ensure all farmers in the district were covered under the Kissan Credit Card scheme and had insurance coverage under the National Agriculture Insurance Scheme (NAIS).

K.N. Subramanian, Lead District Manager, informed the meeting that in the 157 ‘unbanked’ villages with population above 2,000 in the district, 33,987 pensioners had been identified and smart cards have been issued to 31,868 of them.

A total of 33,927 accounts have also been opened in recent months.

As per directions of the Union Finance Ministry, banking services would be extended to all villages, irrespective of their population, before March 2013.

A.J. George, Assistant General Manager of Reserve Bank of India (RBI); B.K. Balavinayagam, Assistant General Manager of Canara Bank, the Lead Bank for Madurai district; R. Shankar Narayan, Assistant General Manager, National Bank for Agriculture and Rural Development (NABARD); R. Ganesan, Project Officer, Mahalir Thittam; Arun Sundar Dayalan, Additional Collector and Project Director of District Rural Development Agency (DRDA), were present.

The Collector also disbursed welfare aid worth Rs. 15 lakh to 17 micro, small and medium enterprises for purchasing generators.

The units could avail a subsidy of upto Rs. 5 lakh as reimbursement of the net value added tax (VAT) paid for the first six years upto the value of investment made in eligible plant and machinery.

Further information about the scheme could be obtained from the nodal officer: General Manager, District Industries Centre, Alagarkoil Road, Madurai – 625 002, telephone no: (0452) 253 7621 / 252 1096 / 253 0358.

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