Special Correspondent

Plan to train 1 crore persons in the next 10 years

Loans worth Rs.16,191 crore disbursed in Haryana

CHANDIGARH: Haryana Chief Secretary Dharam Vir on Thursday invited banks to participate in the Skill Development Mission of the State Government under which a target of imparting skill development training to one crore people in the next 10 years has been fixed.

Addressing the 108th meeting of State Level Bankers’ Committee, Haryana convened by Punjab National Bank, the lead bank for Haryana, Mr. Dharam Vir said that Haryana had emerged as one of the most progressive States with an impressive trail of achievements in every sphere of human activity, be it agriculture, industry or transport.

Haryana was the most prosperous state of the country, with second highest per capita income after that of Goa. It produced more than 50 per cent of automobiles and two wheelers produced in the country and was the second largest supplier of food grains. Eighty per cent of the rice exported from India was from Haryana.

He claimed that Haryana was becoming the main choice for the domestic and foreign investors due to the investor friendly atmosphere, rich reservoir of skilled, motivated and relatively low cost manpower, a good infrastructure, harmonious industrial relations and excellent law and order.

He lauded the bankers and government functionaries for excellent overall progress in Haryana. The Annual Credit Plan of 2008-09 was satisfactory and overall credit deposit rate was 78 per cent. He recommended the banks to play a vital role in privatising the power sector by liberally financing generation and transmission projects on easy lending terms.

He also asked the banks to come forward with meaningful employment generation schemes with easy availability of credit to rural employed youth. The banks should also work out schemes to provide market linkage to products from such units and formulate credit schemes for the women and provide special incentives to women entrepreneurs. Private sector banks should come forward in providing credit facilities for the development schemes in the State and widen the network of branches, he added. PNB executive director Nagesh Pydah said that Haryana’s economy was growing higher than that of the nation. No block in Haryana was unbanked.

As many as 142 new branches of commercial banks and Regional Rural Banks were opened in the State during March, 2008 to March, 2009, thus raising the total number of branches from 1970 to 2,112.

Banks disbursed total loans of Rs.16,191 crore in Haryana during last financial year.

The total deposits of the banks in the State increased from Rs.70,919 crore as on March, 2008 to Rs.82,875 crore as on March, 2009. Advances also increased from Rs.48,547 crore to Rs.64,738 crore.

He expressed satisfaction that the banks in Haryana had already opened seven Financial Literacy and Credit Counselling Centres at Yamunanagar, Rohtak, Mewat, Karnal, Sonepat, Ambala and Rewari.