Staff Reporter

DCC meet takes stock of dismal performance by bankers

  • 10,000 SHG members get loan against the target of 27,900
  • As regards SETWEL, only 37 per cent result achieved

    ELURU: The remarks on the tardy progress of Indiramma housing programme and other self-employment schemes by Chief Minister Y.S. Rajasekhara Reddy during his recent visit to the district have spurred the district administration and bankers into soul-searching.

    The meeting of the District Consultative Committee here on Tuesday took stock of the poor performance by bankers in meeting the annual targets with respect to bridge loans to women Self-Help Groups under the Indiramma programme.

    According to a note circulated by the lead bank, a little over 10,000 women SHG members received the bridge loan of Rs 10,000 each as on January 20 as against the target of 27,900 beneficiaries. However, the meeting did not delve into the reasons for this grim scenario. As the Government has fixed the cost at Rs 40,000 per house, the construction cost, in practice, especially in urban centres is estimated to cross Rs 70,000, forcing the official machinery to pool up the remaining Rs 30,000 from banks in the form of loan to be repaid by beneficiaries.


    As for the Rajiv Yuva Sakti programme, SETWEL (Self-Employment for Training, West Godavari-Eluru), the Government agency has achieved only 37 per cent of progress over its target of 4,491 so for. The District Industries Centre, the nodal agency for the Prime Minister's Rojgar Yojana (PMRY) programme, has recorded only 16 per cent of progress over its target of 4,491 units. Joint Collector V. Durga Das, who held the meeting in place of the district Collector, said implementation of PMRY was quite poor in urban centres.