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139thMeeting of State Level Bankers’ Committee (Punjab)

The 139th meeting of State Level Bankers’ Committee (Punjab) to review the performance of banks for the period ended December 2016 will be held on 14.02.2017 at 10.30 A.M. at Hotel Mount View, Sector 10, Chandigarh. The following issues shall be taken up for discussion in the meeting:-

Item No.1 Confirmation of minutes of 138th meeting of State Level Bankers' Committee (Punjab) Last Meeting of SLBC

Held on 18.11.2016

Minutes e-mailed/ circulated on

07.12.2016

Comments Received NIL

The House may confirm the circulated minutes.

Item No. 2

Incentivizing Digital Payments-Digi Dhan Melas.

Government of India in order to promote digital payments and to encourage consumers, merchants to increasingly shift to digital payment modes i.e UPI, e-wallet, Aadhaar Enabled Payment System, Cards & POS etc. has launched scheme to reward consumers and merchants, who are using/have used digital transaction modes after 8th November, 2016 which has been framed by Niti Aayog. The scheme drafted by Niti Aayog

Agenda papers of 139th Meeting of SLBC-Punjab

is operational with the first draw of winners held on 25.12.2016, leading upto 14th April, 2017. Niti Aayog has the overall responsibility for carrying out promotional activities for the scheme, oversight of the scheme and coordination amongst various agencies that are responsible for execution of the scheme. Banks have to make arrangement for the following activities:

Opening of Bank accounts. Seeding of Aadhaar and Mobile Number in the account. Merchant registration for acquisition of POS. Distribution of Prepaid cards, debit cards. Assistance in downloading and usage of various digital

payments apps etc.Two such camps allotted to the State of Punjab have already been held at Ludhiana and Amritsar.

For Digital India, ‘Go Cashless Go Digital’ is the basic principal.

Member banks are requested to continue above activities in a mission mode on continuous basis for achieving the goal of Digital India and making cashless society drive of Govt. of India a grand success.

Item No. 3 Digital Saksharta Abhiyan (DISHA) - Cashless Society drive of Govt. of India.

Ministry of Electronics & Information Technology, Govt. of India vide their communication dated 1st December,2016 has informed that CSC e-Governance Services Ltd. (CSC SPV) is launching a programme to mobilize and enable digital payment options across 2.5 lakh gram panchayats, targeting


30 interested merchants and 100 citizens in each Gram Panchayat. Each merchant will be given a two hour structured course and his/her bank account will be seeded with Aadhaar and mobile number.

CSC Village Level Entrepreneurs (VLEs) will contact merchants potentially desirous of shifting to digital finance, train them and where feasible, help them source devices. CSC Village Level Entrepreneurs will also demonstrate the possibilities of enabling Aadhaar Enabled Payment System (AEPS). Convener Bank vide its e-mail dated 07-12-2016 has requested all the Lead District Managers to extend full cooperation to the representative of CSC/their DMs for successful holding of camps for shift to cashless society.

Member Banks/LDMs are again requested to take all steps and extend full cooperation to the representative of CSC/their DMs for successful holding of camps for shift to cashless society.

Item No. 4 Launching of BHIM app for on line payments.

In order to steer India towards a digital economy, Hon’ble Prime Minister has launched a new e-wallet app BHIM (BHARAT INTERFACE FOR MONEY), named after Dr. B.R. Ambedkar, to make it easier to transact online. The Aadhaar-based mobile payment application will allow people to make digital payments directly from their bank accounts.

The BHIM app is being improved upon so that in time, "only your thumb will be needed to make a payment," said the PM,


http://www.ndtv.com/india-news/pm-narendra-modi-at-digi-dhan-mela-in-delhi-highlights-1643497

adding "you will eventually not be dependent on the internet, on smart phones, your thumb will be your bank."

In the recently held video conference with banks which was chaired by Secretary (FS), the following issues are raised by NPCI:-

BHIM had been adopted by most banks except Corporation bank and the Associate Banks of SBI.

Sponsor banks were asked to ensure that RRBs too are on-boarded as they cater to the rural population and BHIM includes USSD 2.0 which is of particular relevance in rural areas.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 25.01.2017, the representatives of Associate banks of SBI, Corporation Bank and RRBs were requested to take up with their corporate office for adopting the BHIM application. Chairman Punjab Gramin Bank informed that they have already taken up with their sponsor bank i.e. PNB and they will follow up for the same.

The representative of Associate Banks of SBI, Corporation Bank and RRBs are again requested to take up with their corporate offices for adopting the BHIM application.

Item No. 5 Pradhan Mantri Jan Dhan Yojana.

Punjab State has been declared as Saturated under Pradhan Mantri Jan Dhan Yojana, the flagship programme of Govt. of India, which envisages, Accidental Insurance of ` 1 lac, Life Insurance cover of `30000/-, Issuance of Rupay Debit Card to


every account holder. The progress in opening of accounts under PMJDY is as per Annexure-1 {Page 98}.

All the member banks are again requested to take steps to activate zero balance accounts and distribute Rupay cards for their activation enabling masses to get social security benefits.

Item No. 5(i)

Opening of accounts of workers of organized and unorganized sectors.

Secretary, Ministry of Labour & Employment vide DO letter dated 25.11.2016 addressed to Chief Secretary, Govt. of Punjab has desired that in order to facilitate financial inclusion of workers and to ensure timely payment of their wages, a campaign to open bank accounts in respect of those workers of organized and unorganized sectors who do not have their own bank accounts even now. Camps for opening the accounts has to be conducted at each district and a committee comprising the collector cum District Magistrate, Lead District Manager of the bank, Labour Officers of the Centre as well as the State Government representative which will decide the location of these camps and other relevant modalities.

Department of Institutional Finance & Banking vide their letter dated 29.12.2016 has already requested all the Deputy Commissioners of the State for holding a meeting with Lead District Managers and officers of Labour Department for the purpose and take further necessary action.

Member Banks/LDMs are requested to extend full cooperation in holding of the camps for opening of accounts of workers of organized and unorganized sectors.


Item No. 5(ii) Issuance of Rupay Cards and its Activation in PMJDY accounts.

Activation of Rupay Debit Cards is necessary to get the insurance claim under the Rupay Card. The Rupay card was earlier required to be swiped in an ATM or POS machine within 90 days prior to the date of incident resulting in accidental death/permanent disability. The latest change made by NPCI regarding eligibility to claim accidental cover as under:

“All Rupay Card holders (valid for Physical or Virtual RuPay card holder) i.e Cards issued on an IIN assigned by RuPay will be eligible for the benefit under the RuPay Insurance Program 2016-17.

Benefits of Insurance will be available to the Card holders who have performed minimum one successful financial or non-financial transaction* at any Channel both Intra and Inter-bank i.e. on-us and off-us (ATM/ Micro ATM/POS/e- com/Business Correspondent of the bank at locations by any payment instrument).

(a) within 45 days prior to date of accident including accident date for Premium Card holders and(b) within 90 days prior to date of accident including accident date for Non Premium Card holders.

*Transaction types means all customer induced transaction at bank branch or by any payment instrument whether on-us (Bank Customer/RuPay card holder transacting at same bank channels) and/or off-us (Bank Customer/RuPay card holder transacting at other bank channels).

This addendum circular basically advises banks that all financial and non financial transactions, both on-us and off-us originating from ATM, micro ATM & POS and online covering RuPay card and Aadhaar based transactions, all


customer induced transactions at Branch will now be included as eligible transactions under the Rupay Insurance Program 2016-17.

Member banks are requested to utilize the services of FLC Counselors and Bank Mitras for creating awareness amongst the customers about the changes made by NPCI.

Number of accounts opened under PMJDY

Number of Rupay Cards issued

Number of Rupay cards not issued

Number of Rupay cards Activated

Number of Rupay Cards not activated

5868391 4964037 904354 3564133 1399904

(Bank wise position in activation of Rupay cards is as per Annexure-2) {Page 99-105}

The house may deliberate.

During the deliberations in the 1st meeting of State Level financial Inclusion Committee (SLFIC) held on 11.11.2016, it was decided that all the banks will be asked to submit the list of the PMJDY account holders District wise/ Sub division wise/ village wise where the Debit cards have been issued but not activated along with their status i.e. Cards delivered to account holder or not, PIN delivered to account holder or not and activation of Card at ATM pending at the level of account holder. The Chief Secretary of the state has assured that once the lists are provided, the District administration will be geared up to bring these beneficiaries to the bank for Rupay ATM Card/PIN delivery.


Convener Bank vide its mail dated 22.11.2016 has already requested all the member banks for submission of the information. The information is not received in spite of issuing many reminders on the score.

During the deliberations in the 4th meeting of Steering Committee to SLBC, it was resolved that all the member banks will provide the list to Convener Bank by 04.02.2017 for forwarding it to state government who have agreed to help in their distribution with the cooperation of District administration.


Item No. 6

Appointment of Bank Mitras, Verification Calls by Executives of State Call Centers/ SLBC/ LDMs to Bank Mitras.

For universal access to banking facility, Bank Mitras have been deployed in areas allocated to banks by SLBCs. 2336 Bank Mitras/BC Agents have been deployed by the banks in the State to provide various type of banking services to the customer under PMJDY.

Feedback received from survey conducted by Ministry of Finance, suggested that Bank Mitras sometimes are not available in the allotted SSAs/villages. To ascertain/verify the availability of Bank Mitras, it has been decided that executives of call centers will make verification calls to each Bank


Mitra/BC Agent working in their respective States. In state of Punjab, Call Centre/LDMs are submitting information about working/non working of Bank Mitras on weekly basis. Besides Convener Bank is also making verification calls to Bank Mitras/BC Agents directly. The feedback received from all the three is collated on regular basis and shared with Banks for taking necessary corrective action. Non working of Bank Mitras at locations allotted is depriving population therein of banking facilities and defeating the very purpose of Financial Inclusion.

The bank wise position in Appointment of Bank Mitras, Zero Balance accounts & status of Micro ATM is given at Annexure-1 {8}. Bank-wise detail of Inactive/not working Bank Mitras is as under:-

Name of the Bank Bank Mitras not working

as on 31.12.2016

PSB 10

OBC 4

BOM 1

IOB 2

IDBI BK LTD 6

IndusInd Bank 1

TOTAL 24

The detail of the bank mitras who are not working has been sent to respective banks and they have been advised to replace the Inactive/non working Bank Mitras on urgent basis.

Agenda papers of 139th Meeting of SLBC-Punjab Page 9

Further in order to monitor the working of Bank Mitras the banks were requested to make regular calls to them. Member banks are requested to keep convener bank informed of the changes if any in contact details of Bank Mitras and ensure that Bank Mitras are operational in all the locations.

The representative of the member banks who have not appointed the Bank Mitras yet are requested to apprise the latest position to the house.

During the deliberations in the 1st meeting of State Level Financial Inclusion Committee (SLFIC) held on 11.11.2016, Chief Secretary, Govt. of Punjab, showed his concern for non appointment of Bank Mitras by some of the banks. Further, non providing of Micro ATMs to all the Bank Mitras by the banks was also viewed seriously.

Convener Bank vide its e-mail dated 29.12.2016 has requested all the member bank for appointment of bank mitras at all the identified centres and for providing of Micro ATM to all the Bank Mitras. Micro ATM has been provided to 1949 Bank Mitras and yet to be provided to 387 bank Mitras. The issue of appointment of Bank Mitras and providing of Micro ATM was deliberated upon in the 4th Steering Committee meeting to SLBC held on 25.01.17. Member Banks were requested to appoint Bank Mitras at all identified centres and provide Micro ATM to all the Bank Mitras. The Chief Secretary Govt. of Punjab has expressed the desire of the State Government to appoint e sewa kendras as Bank Mitras as has been done in the state of Rajasthan.Member banks are requested to consider appointment of e-Sewa Kendras as Bank Mitras in all the Districts of the State.



Item No. 6(i) Monitoring of Zero Balance Accounts- in PMJDY

Out of total 5868391 accounts opened, 927789 accounts (15.80%) still show zero balance against 5613938 accounts and 838319(14.93%) zero balance accounts as on 30.09.2016. During the deliberations in the 138th meeting of SLBC held on 18.11.2016, the progress of Zero balance accounts was reviewed and member banks were requested to take steps for reduction in accounts having Zero balance. It was suggested that the Bank Mitras can be very helpful in bringing the number of Zero Balance accounts. Member banks were requested to take the services of Bank Mitras for bringing down the zero balance accounts.Bank wise position in zero balance account is as per Annexure-1 {Page 98}.


Item No. 7 Position of Claims lodged/Settled under PMJDY and Jan Suraksha Schemes.

In accidental claims under PMJDY, out of 72 claims lodged under PMJDY up to 31.12.2016, 48 Claims stands settled.

In PMJDY in case of natural death, out of 69 claims lodged under PMJDY up to 31.12.2016 in the State of Punjab, 58 Claims stands settled.

In Jansuraksha Schemes (under PMSBY) out of 499 claims lodged 288 claim cases stands settled.

In Jansuraksha Schemes (under PMJJBY) out of 718 claims lodged 608 claim cases stands settled.


Bank wise position in lodgment and settlement of claims under PMJDY is as per Annexure-3 {Page 106-107} for Jansuraksha Schemes is as per Annexure-3(i) {Page 108-109}. During the deliberations in the 1st meeting of State Level financial Inclusion Committee held on 11.11.2016, the representative of Ministry of Finance pointed out that the ratio of claims to the total account holders in the state is very low thereby implying that the masses are not aware of the scheme and the claims are not lodged due to the lack of knowledge. It was decided that in addition to the services of Bank Mitras and FLC Counselors for creating awareness among the masses for lodgement of claims, the local leaders, Sarpanches and officials from the department of Registrar of Births and Deaths, be involved for awareness programme. Convener Bank vide its e-mail dated 29.12.2016 has already requested member banks for implementation of the decision taken in the meeting.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 25.01.2017, it was resolved that a notice in the office of Registrar of Birth & death and in the cremation ground be put up by the Lead District Manager of the concerned district.

Lead District Managers are requested to ensure to put a notice in the office of Registrar of Birth & death and in the cremation ground.

Member Banks are again requested to involve the Local leaders, Sarpanches and official from the office of Registrar, Birth and Deaths in every awareness programme conducted by the banks for schemes launched by Central Government i.e. PMJDY, PMSBY,PMJJBY, PMMY, APY etc.

Item No. 8 Pradhan Mantri Suraksha Bima Yojana


(PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).

As per the announcement in the Budget speech of 2015, two insurance schemes namely Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and a new pension scheme called Atal Pension Yojana (APY) were launched as a move towards creating a universal social security system for all Indians especially the poor and the under-privileged.

In PMSBY, any person between the age of 18-70 years can subscribe to the scheme and the annual premium is ` 12/- whereas in PMJJBY, any person between the age of 18-50 years can subscribe to the scheme and annual premium is ` 330/-. The achievement under the schemes is as under:-

Name of the scheme

Achievement as on

30.09.2016

Achievement as on

31.12.2016PMSBY 3298425 3324466PMJJBY 561447 572903

The Bank wise progress in respect of both the schemes is as per Annexure-4. {Page 110}


Item No. 9 Atal Pension Yojana (APY)Agenda papers of 139th Meeting of SLBC-Punjab

Under the Atal Pension Yojna Scheme (APY), depending upon their contributions, the subscribers, under the age of 40, would receive the fixed monthly pension of `1000 to ` 5000 at the age of 60 years. Ministry of Finance has recently amended Atal Pension Yojana (APY) to give an option to the spouse to continue to contribute for balance period on premature death of the subscriber. After the death of both the subscriber and the spouse, the nominee of the subscriber shall be entitled to receive the pension wealth, as accumulated till the age of 60 years of the subscriber. The achievement under APY in the state of Punjab is as under:-

Name of the scheme

Achievement as on 30.09.2016

Achievement as on

31.12.2016APY 117230 124697

Department of Institutional Finance and Banking has already instructed the concerned departments for facilitating employees/workers to join APY by directing them to respective banks where the salary accounts of such employees/workers are held.The Bank wise progress vis-à-vis targets is as per Annexure-5. {Page 111}

During the deliberations in the 4th Steering Committee meeting to SLBC held on 25.01.2017, Member banks were requested to tap the unorganized workers for coverage under


APY scheme. Further they should utilize the services of FLC Centres and bank mitras for covering maximum persons under the ambit of Atal Pension Yojana Scheme and further ensure to activate all the branches under the APY scheme.Directorate of Institutional Finance & Banking vide their letter dated 27.01.2017 addressed to all the concerned departments has requested to consider offering of Atal Pension Yojna to all unorganized workers as a measure of social welfare for protecting their old age income. In case the workers are already covered under Swavalamban scheme, the beneficiaries in the age group of 18 to 40 years, may be migrated into APY so that they can avail of the benefits of the minimum guaranteed pension.

Member banks should tap the unorganized workers for coverage under APY scheme and are requested to utilize the services of FLC Centres and bank mitras for covering maximum persons under the ambit of Atal Pension Yojana Scheme. .


Item No. 10 Pradhan Mantri MUDRA Yojana (PMMY)

Micro Units Development and Refinance Agency Ltd (MUDRA) was launched by Hon’ble Prime Minister on April 8, 2015 as a


new financial entity, for developing and refinancing last mile financial intermediaries like Banks, NBFCs, MFIs etc., who are in the business of lending to smaller of the micro enterprises in manufacturing, trading and service sector.

This priority is essential to enable growth and income generation amongst the hitherto unfunded or underfunded segments of our economy. Lending under MUDRA will focus on the unfunded segments of the Micro enterprises by granting the loans under three categories:-

Shishu : Loans up to `.50000 Kishore : Loans above `. 50,000 and upto `.5.0 lakh Tarun : Loans above `. 5.0 lakh and upto `.10.0 lakh

Ministry of Finance has advised all PSBs to classify all the loans extended to non-farm enterprises in manufacturing, trading and services up to `10.00 lakh on or after 8th April 2015 as MUDRA loans.

Ministry of Finance has further advised that the overdraft amount of `5000/- sanctioned under PMJDY is also to be classified as MUDRA loan under PMMY.

(Amt. in crores)

Bank wise Progress under Pradhan Mantri Mudra Yojana(PMMY)

Targets for 2016-

Pro rata targets

Achievement up to 31.12.2016

%age Achieveme


17 nt

No. of Accounts

Amount

3155.17

2366.39 224419 1480.11 62.55

(Bank wise progress is as per Annexure-6) {Page 112}

Banks in the State have disbursed `1480.11 crores against the prorata target of `2366.39 crores with 62.55 %age achievement.

Member Banks are requested to chalk out strategy for not only achieving the targets but to surpass them convincingly this year as now only 2 months of the current financial year are left.

Micro Units Development & Refinance Agency Limited has further informed that a loan portal by name www.udaymitra.in has been launched by SIDBI for facilitating sourcing of loan applications for various MSME programmes, including PMMY and Stand up India. Ministry has desired that branches should take maximum advantage of this facility in achieving the targets under these programmes.Member banks are requested to percolate these instructions of Micro Units Development & Refinance Agency Limited among the branches under their control for achieving the targets under these programmes.


http://www.udaymitra.in/

Item No. 11

Mapping of Industrial Training Institutes (ITIs), Vocational Training Partners (VTPs), Operational Centres (OCs) – Spread of Financial Literacy.

In order to impart financial literacy to the participants in training programs under skill development at various Operational and Vocational Training centres and ITIs operating in the State of Punjab, Ministry of Finance has desired that all these centres be mapped with the Financial Literacy Centres operating in the State. Convener Bank has already got mapped all the 505 Industrial Training Institutes (ITIs), Vocational Training Partners (VTPs), Operational Centres (OCs) with the FLCs and the bank wise list has been sent to the respective banks. Member banks having control in these FLCS were requested to ensure to organize financial literacy meetings in these vocational training centers/ITIs in coordination with the District Administration where a significant numbers of people can be covered for financial inputs as desired by Department of Financial Services, Ministry of Finance.

The procedure to be followed for spreading the Financial Literacy has already been communicated to all the Member banks in the 135th meeting of SLBC. Banks are requested to ensure printing and distribution of Financial Literacy material as per the specifications, for smooth implementation of the financial literacy initiative. The progress in conducting of camps in skilling centre is as under:-

No. of Skilling Centres mapped

No. of camps

organized

No. of Trainees participated

419 205 17920 (District-wise position is as per Annexure-7) {Page 113}


Department of Institutional Finance & Banking is again requested to take up the matter with Director, Technical Education and Industrial Training, Punjab for issuing instructions to all the skilling centres including those under private ownership to allow Financial Literacy Counselors to hold camps to educate the students studying in these institutes.

During the deliberation in the 4th meeting of Steering Committee held on 25.01.2017, Controlling heads of banks having lead bank responsibilities in the state were requested to review the position of FLC camps in skilling centres on regular basis and ensure that at least one camp must be held during the quarter in each skilling centre.

Member banks are requested to ensure that the FLCs of their bank are functioning as per the guidelines of Reserve Bank of India and are conducting camps in skilling centers as per the guidelines of Ministry of Finance. In case of any problem, the issue may be taken up with SLBC.

Item No. 12 Aadhaar Seeding/mobile seeding in MGNREGA worker’s accounts.

Ministry of Finance vide their e-mail dated 11.01.2016 has informed that consent forms obtained by MoRD for Aadhaar/Mobile seeding will be sent to Lead District Managers by Rural Development Department of the State Govt. LDMs will distribute the bank wise lists to the respective banks for seeding of Aadhaar/mobile in MNREGA accounts and act as Nodal Officer and get in touch with District MGNREGA coordinator/officials for reconciliation of the data. However the


Rural Development Department of the State is yet to distribute these lists to LDMs.

Member Banks are requested to ensure to seed the Aadhaar /Mobile number in the MGNREGA accounts and send the progress to the respective LDMs as soon as they are recieved.

Item No. 13 Implementation of DBT in Kerosene.

Ministry of Petroleum & Natural Gas, has already decided to implement DBT in Kerosene in 33 districts in 9 States w.e.f. 1st

April, 2016. 3 Districts namely TaranTarn, Pathankot and Mohali have been identified for implementation of the DBT in Kerosene in the State of Punjab.Convener Bank has already requested the Lead District Managers of these districts to assist the State Government and District Collectors for seeding the bank accounts in the database of kerosene beneficiaries for smooth implementation of DBT scheme.Member banks are requested to instruct the branches of their banks in these 3 districts to seed the bank accounts of kerosene beneficiaries for smooth implementation of DBT scheme in these districts.

Item No. 14

Stand-up India Programme of Ministry of Finance.

The objective of the Stand-Up India scheme is to facilitate bank loans between Rs.10 lakh and Rs.1 Crore to at least one SC/ST and one woman beneficiary per bank branch for setting


up a green field enterprise. This enterprise may be in manufacturing, services or the trading sector. In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman entrepreneur.

The scheme, which covers all branches of Scheduled Commercial Banks, will be accessed in three potential ways:

o Directly at the branch or o Through SIDBI’s Stand-Up India portal (www.standupmitra.in)

oro Through the Lead District Manager ((LDM)

The approach of the Stand-Up India portal, for handholding is based on obtaining answers to a set of relevant questions at the initial stage. These would be typically be:

1. Location of the borrower2. Category – SC/ST/Women3. Nature of business planned4. Availability of place to operate the business. 5. Assistance needed for preparing a project plan 6. Requirement of skills/training (technical and financial). 7. Details of present bank account. 8. Amount of own investment into the project 9. Whether help is needed to raise margin money

10.Any previous experience in business

Based on the response, the portal provides relevant feedback and helps categories the visitor to the portal as a ready borrower or a trainee borrower.

Ready Borrower

In case the borrower requires no handholding support, then registration on the portal as a Ready Borrower starts the


http://www.standupmitra.in/

process of application for the loan at the selected bank. At this stage an application number will be generated and information about the borrower shared with the bank concerned, the LDM (posted in each district) and the relevant linked office of NABARD/ SIDBI. The offices of SIDBI and NABARD shall be designated Stand-Up Connect Centres (SUCC). The loan application will now be generated and tracked through the portal.

Trainee Borrower

In cases where the borrower indicates a need for handholding, then registration as a Trainee Borrower on the portal will link the borrower to the LDM of the concerned district and the relevant office of SIDBI/ NABARD. This process which would be electronic, could be done at the borrower’s home by himself/ herself or at a CSC or through a bank branch by officer dealing with MUDRA, as explained in paragraph 2.

SIDBI (79 offices) and NABARD (503 offices) as Stand-Up India Connect Centers will then arrange for support for such trainee borrowers.

The progress under the scheme upto 31.12.2016 is as under:- ( Amt in lacs.)

Total Branches

of Scheduled commercial Banks

Participating

Branches

Loan o/s under the scheme up to 31.12.2016

SC/ST WOMEN Total

A/cs Amt A/cs Amt. A/cs Amt.

6263 791 2466 10820

3684 17152 6150 27972

(Bank wise targets and position is as per Annexure-8) {Page 114}


Member Banks are requested to give more thrust for making advances to tribal/dalit/women entrepreneurs through each of their branches.

During the deliberations in the State Level Implementation Committee on Stand Up India which was held on 29.09.2016 under the Chairmanship of Chief Secretary Govt. of Punjab, the following action point emerged:

In order to create awareness among the masses about Stand Up India Scheme, it was decided that an advertisement in the local language be given in the leading news papers and the cost of advertisement be borne by the banks and in the advertisement logo and names of the sponsoring banks will be mentioned.

Special events/camps be organized in collaboration with NABARD at various locations with focused approach i.e. for leather and sports industries at Jalandhar for hosiery and cycle parts at Ludhiana, for Phulkari and Handicrafts at Patiala and Food Processing at Hoshirapur, for Punjabi Jutti at Muktsar and for Food products at Amritsar.

Special events/camps be organized in collaboration with NABARD at various locations with focused approach i.e. for leather and sports industries at Jalandhar, for hosiery and cycle parts at Ludhiana, for Phulkari and Handicrafts at Patiala and Food Processing at Hoshiarpur, for Punjabi Jutti at Muktsar and for Food products at Amritsar.

District level Credit Committee be constituted in all the Districts with the following members:-

i. Deputy Commissioner-Chairmanii. Lead District Manager (LDM)- Convener.


iii. SIDBI representative – Member.iv. DDM NABARD- Memberv. Representative of SC/ST Corporation-Member.vi. District Social Welfare Officer-Member.

Further at the advice of Worthy Chief Secretary, Govt. of Punjab, it was decided that ADC Development will be the co-chairman of the District level Credit Committee and all SDMs, Secretary Zila Parishad, District Programme Office as well as members of PHD Chamber of Commerce and FICCI be inducted as members.

This is for information of the house.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 25.01.2017, it was decided that the member Banks will jointly put up advertisement in Regional language newspaper to attract more beneficiaries. The names and logo of member banks will be displayed in these advertisements. Member Banks were requested to give their consent for sharing cost of this advertisement by 11.02.2017.


Item No. 15

Pradhan Mantri Awas Yojana Housing for all by 2022-Credit Linked Subsidy Scheme-(CLSS).

The Mission, in order to expand institutional credit flow to the housing needs of urban poor will implement credit linked subsidy component as a demand side intervention. Credit linked subsidy will be provided on home loans taken by


eligible urban poor (EWS/LIG) for acquisition, construction of house.

Beneficiaries of Economically Weaker section (EWS) and Low Income Group (LIG) would be eligible for an interest subsidy at the rate of 6.5 % for a tenure of 15 years or during tenure of loan whichever is lower.

The credit linked subsidy will be available only for loan amounts upto Rs. 6 lakhs and additional loans beyond Rs. 6 lakhs if any, will be at nonsubsidized rate.

Credit linked subsidy would be available for housing loans availed for new construction and addition of rooms, kitchen, toilet etc. to existing dwellings as incremental housing.

Housing and Urban Development Corporation (HUDCO) and National Housing Bank (NHB) have been identified as Central Nodal Agencies (CNAs) to channelize this subsidy to the lending institutions and for monitoring the progress of this component. Under the Mission, beneficiaries can take advantage under one component only.

A meeting under the chairmanship of Hon’ble Chief Secretary Govt of Punjab was held on 3.11.2016 for implementation of a special programme of PUDA under Pradhan Mantra Awas Yojana wherein PUDA will construct flats for EWS and LIG beneficiaries. As decided in the meeting, draw of lots was conducted by PUDA on 07.11.2016 and PUDA has sent the list of the successful applicants alongwith their applications to the Lead District Managers who in turn have distributed the same amongst the banks. Convener Bank has already sent the draft of tripartite agreement to be executed between the PUDA, beneficiaries and banks to PUDA for approval.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 25.01.2017, member banks were requested to send the status of these PUDA applications to the


respective LDM and the controlling heads of banks having lead bank responsibilities are requested to advise their LDMs to submit the status to SLBC.

The progress under PMAY upto 31.12.2016 is as under:-(Amt in Lacs.)

Loans disbursed upto 31.12.2016

Loans disbursed during the quarter

Cummulative position upto 31.12.2016

No. of A/Cs

Amount No. of A/Cs

Amount No. of A/Cs

Amount

124 377.95 120 317 244 695 (Bankwise progress is as per Annexure-9) {Page 115}

Member banks are requested to dispose off the application on merits with the time frame fixed by RBI expeditiously.

Item No. 16 Pradhan Mantri Fasal Bima Yojana.

Agriculture employs nearly half of the employed people in the country. The security and well being of farmers is thus of prime importance to the progress of the country. It is with this in mind that the Pradhan Mantri Fasal Bima Yojana was launched on 13th January 2016.

During the deliberations in the 136th meeting of SLBC held on 12.05.2016 as well in the meeting of State Level


Implementation Committee held on 15.07.2016, the house was informed of the decision of the State Government for referring the matter to Government of India with certain amendments for implementation of Pradhan Mantri Fasal Bima Yojana. In subsequent meeting, the state has again informed that reply from the Government of India is awaited and Fasal Bima Yojana has not been implemented in the State till date.

The representative of Agriculture Department/IF&B is requested to apprise the house about the implementation of ‘Fasal Bima Yojana’ in the State of Punjab.

Item No. 17 Aadhaar Based Jeevan Praman Patra (Digital Life Certificate)-Appointment of banks as facilitators.

Department of Electronics and IT, Ministry of communications and I.T. Government of India has developed “Jeevan Praman (Digital Life Certificate Portal)". The Jeevan Praman uses Aadhaar Platform for biometric authentication of the Pensioner. The pensioners with Aadhaar number can biometrically authenticate their presence by giving Aadhaar Number, Pension Payment Order Number, Bank Account Number and Mobile Number.

Department of Electronics and IT, Ministry of communications and I.T. Government of India has appointed banks for facilitating Aadhaar Based Jeevan Praman Patra (Digital Life Certificate) at any of their branches and Bank Mitra locations. Now banks can work as Facilitation Centre on the lines of around 40000 citizen service centres (CSCs) presently run by UIDAI for collecting and receiving Aadhaar Based Jeevan Praman Patra from Pensioners of Central Civil, Defence,


Railways, Postal, EPFO etx. and other pension sanction authorities including State Government Pensioners.

The State Government has already issued amendment to procedure of pension payment regarding acceptance of Aadhar Bio-Metric authenticated life certificate recorded on Jeevan Parman website(www.jeevanparman.gov.in).

Position of Digital Life Certificates up to 31.03.2016

Position of Digital Life Certificates up to 31.12.2016

31641 58800

(The Bank wise position is as per Annexure-10) {Page 116}

The member banks are requested to sensitize the pensioners for submitting the Aadhaar Based Jeevan Praman Patra (Digital Life Certificate) on a continuous basis.

Item No. 18 Issues of Unique Identification Authority of India (UIDAI)

Item No. 18 (i) District Wise Aadhaar Saturation (Status as on 16thJan’2017)


http://www.jeevanparman.gov.in/

DistrictAnticipated Population

(2015)

Aadhaar Generation

% Aadhaar Generation

Amritsar 2632528 2612797 99.25%

Barnala 630200 614899 97.57%

Bathinda 1467833 1417422 96.57%

Faridkot 653150 649624 99.46%

Fatehgarh Sahib 633921 634262 100.05%

Ferozepur & Fazilka 2144452 2068748 96.47%

Gurdaspur & Pathankot 2429011 2419841 99.62%

Hoshiarpur 1672794 1719026 102.76%

Jalandhar 2305812 2405546 104.33%

Kapurthala 864162 871045 100.80%

Ludhiana 3686210 4210007 114.21%

Mansa 812524 790208 97.25%

Moga 1048713 1038823 99.06%

Muktsar 954031 944827 99.04%

Nawanshahr 649296 667234 102.76%

Patiala 1999882 1994954 99.75%

Rupnagar 722206 747565 103.51%

Sangrur 1748483 1707183 97.64%


SAS Nagar (Mohali) 1042221 990662 95.05%

Tarn Taran 1183759 1156500 97.70%

Total 29281188 29661173 101.30%

The population of 2015 is the estimated population **The pending population is mostly in the age group 0-18 years. Population more than 18 years is mostly covered.

Aadhaar Act:

Aadhaar (targeted delivery of financial and other subsidies, Benefits and Services) Act, 2016 has been passed by the Parliament & notified in the Gazette of India vide notification dated 26th March, 2016 & Aadhaar (Enrolment and update) Regulation, 2016 has been notified vide notification dated 12th

September 2016.As per section 7 of the Act, the Central Government or as the case may be, the State Govt. may for the purpose of establishing identity of an individual as a condition for receipt of a subsidy, benefit or service for which the expenditure is incurred from or the receipt therefrom forms part of, the Consolidate Fund of India, require that such individual undergo authentication, or furnish proof of possession of Aadhaar number or in the case of an individual to whom no aadhaar number has been assigned, such individual makes an application for enrolment.As per section 57 of the Act, nothing contained in this Act shall prevent the use of Aadhaar number for establishing the


identity of an individual for any purpose, whether by the State or anybody corporate or person, pursuant to any law, for the time being in force, or any contract to this effect.In view of above Govt of India is going to make use of Aadhaar mandatory in disbursement of benefits in centrally sponsored Scholarships, MGNREGA, EPFO, DBTL and National Social Assistance Programme (NSAP). It is further anticipated that from next financial year most of the centrally sponsored programme will be linked with the Aadhaar. In order to transfer the benefits using the Aadhaar Payment Bridge (APB) the accounts of the beneficiaries must be linked with the Aadhaar at NPCI. All Banks are requested to increase the linkage of Aadhaar with the bank accounts. The Jan Dhan accounts must be linked with Aadhaar. Present status of the linking of Aadhaar with the Jan Dhan accounts is as follows:

State Name

Total Accounts

Aadhaar Seeded %age

Aadhaar Seeding

PUNJAB 5385701 4261446 79.13%Punjab is at 3rd position in seeding of Aadhaar in the PMJDY accounts after Lakshadweep and Chandigarh.

Aadhaar linkage in the various schemes and the bank seeding in various schemes is given below:

Item No. 18 (ii) DBT in Scholarships


-Status of Pre-Matric SC/OBC 2015-16 & Post-Matric SC/OBC for the year 2016-17 is mentioned below:-

Name of Scheme

Total Beneficiarie

s

Aadhaar

Seeding% Aadhaar

Seeding

Bank Seedin

g% Bank Seeding

Pre Matric SC/OBC

390444 380058 97.3% 227682 58.3%

Post Matric SC/OBC

393728 393723 93.8% 243752 61.9%

Item No. 18 (iii) MGNREGA

-In state of Punjab, Aadhaar seeding in respect of active MGNREGA workers is 97.04%.However, total number of workers converted into Aadhaar based payments is 72.4%. The status is given below:-

S No

.District

Total worker

s

Total No. of

Aadhaar

Seeded in MIS

% Aadhaa

r Seeded

Total No. of

Workers Converte

d into Aadhaar Payment

Bridge

%age Converte

d into APB

1 AMRITSAR 23620 22949 97.16% 13566 59.11%


2 BARNALA 28387 28186 99.29% 23692 84.06%

3 BHATINDA 66874 64315 96.17% 45546 70.82%

4 FARIDKOT 45665 45614 99.89% 38581 84.58%

5FATEHGARH SAHIB 38280 38037 99.37% 29889 78.58%

6 Fazilka 86730 85490 98.57% 58389 68.30%

7 FEROZEPUR 39559 37573 94.98% 23570 62.73%

8 GURDASPUR 20409 19900 97.51% 14014 70.42%

9 HOSHIARPUR 51758 51256 99.03% 39707 77.47%

10 JALANDHAR 20254 19879 98.15% 13568 68.25%

11 KAPURTHALA 23742 23658 99.65% 17711 74.86%

12 LUDHIANA 65803 63219 96.07% 43477 68.77%

13 MANSA 62034 61256 98.75% 47282 77.19%

14 MOGA 58894 58839 99.91% 42533 72.29%

15 MUKATSAR 77221 68056 88.13% 42657 62.68%

16NAWANSHAHR 18701 18655 99.75% 14832 79.51%

17 Pathankot 10318 10097 97.86% 7152 70.83%

18 PATIALA 77448 75909 98.01% 59460 78.33%

19 ROPAR 17356 17144 98.78% 11739 68.47%

20 SANGRUR 61621 59160 96.01% 45801 77.42%

21SAS NAGAR MOHALI 15518 15393 99.19% 11325 73.57%

22 TARN TARAN 31496 29267 92.92% 17405 59.47%

Total 941688 913852 97.04% 661896 72.43%


Item No. 18 (iv)

DBTL Scheme.

Aadhaar seeding in LPG database is 90.55% while in Bank database it is 82.83%. So still there are more than 7% customers which need to be converted to ATC. Banks may take immediate necessary action in coordination with OMCs to seed Aadhaar in the bank accounts. District wise Status, as on 16thJan’2017, is as under:-

DistrictNo. of LPG Consumers

LPG Aadhaar Seeding

% LPG Aadhaar Seeding

Bank Aadhaar Seeding

% Bank Aadhaar Seeding

Amritsar 584787 508192 86.9% 463431 79.25%

Barnala 128679 123087 95.65% 115441 89.71%

Bathinda 325764 294582 90.43% 268263 82.35%

Faridkot 139685 136499 97.72% 128668 92.11%

Fatehgarh Sahib 131261 122248 93.13% 114889 87.53%

Fazilka 253119 238668 94.29% 210946 83.34%

Firozpur 189852 178653 94.1% 160395 84.48%

Gurdaspur 372846 341809 91.68% 314264 84.29%

Hoshiarpur 370689 320078 86.35% 290480 78.36%

Jalandhar 548739 509852 92.91% 485818 88.53%

Kapurthala 232198 212820 91.65% 198316 85.41%

Ludhiana 1050036 949821 90.46% 882542 84.05%


Mansa 169895 161168 94.86% 140288 82.57%

Moga 223744 204076 91.21% 183578 82.05%

Muktsar 219854 198826 90.44% 182252 82.9%

Nawanshahr 125667 118410 94.23% 113397 90.24%

Pathankot 166892 148628 89.06% 131674 78.9%

Patiala 459798 407813 88.69% 370769 80.64%

Rupnagar 152638 135880 89.02% 119503 78.29%

S.A.S Nagar(Mohali) 322585 264199 81.9% 239704 74.31%

Sangrur 385914 354271 91.8% 314895 81.6%

Tarn Taran 217764 202700 93.08% 179742 82.54%

Total 6772406 6132280 90.55% 5609255 82.83%

Item No. 18 (v)

National Social Assistance Programme (NSAP)

District NameTotal

Beneficiaries NSAP

Available UIDs NSAP

UID Availability Percentage

NSAP

Bank Aadha

ar Seedin

g

% Bank Aadhaar Seeding

AMRITSAR 9,083 7,713 84.92% 3977 51.56%

BARNALA 4,859 4,834 99.49% 4045 83.68%


BATHINDA 6,170 5,098 82.63% 4509 88.45%

FARIDKOT 6,168 5,188 84.11% 3989 76.89%

FATEHGARH SAHIB 3,767 3,740 99.28% 3573 95.53%

FAZILKA 4,746 4,433 93.40% 2280 51.43%

FEROZEPUR 8,095 7,593 93.80% 4419 58.20%

GURDASPUR 12,362 10,845 87.73% 5852 53.96%

HOSHIARPUR 3,697 3,337 90.26% 2412 72.28%

JALANDHAR 3,566 3,071 86.12% 2230 72.61%

KAPURTHALA 1,866 1,677 89.87% 1138 67.86%

LUDHIANA 9,417 8,168 86.74% 4916 60.19%

MANSA 9,850 9,041 91.79% 5929 65.58%

MOGA 5,653 4,972 87.95% 3682 74.05%

PATHANKOT 5,001 4,055 81.08% 1417 34.94%

PATIALA 8,749 7,491 85.62% 4213 56.24%

RUPNAGAR 3,238 3,238 100.00% 1658 51.20%

SAS NAGAR 2,429 2,429 100.00% 2076 85.47%

SANGRUR 16,418 15,746 95.91% 9207 58.47%

SBS NAGAR 3,574 3,574 100.00% 3576 100.06%

SRI MUKTSAR SAHIB 4,801 4,600 95.81% 3649 79.33%

TARN TARAN 7,019 6,557 93.42% 2498 38.10%

Total 140,528 127,400 90.66% 81,245 63.77%

“Controlling Heads of all the banks and all the Lead District Managers are requested to advise branches under their control for seeding of Aadhaar number for


speedy implementation of these schemes of Govt. of India and getting weekly progress from DCOs.”

Item No.19 Roadmap for opening brick and mortar branches in villages with population more than 5000 without a bank branch of a scheduled commercial bank.

Reserve Bank of India, vide their letter no. FIDD.CO.LBS.BC.No.82/02.01.001/2015-16 dated 30.12.2015 has informed that coverage of banking services in unbanked villages is skewed towards the BC model and the ratio of branches to BC is very low. For increasing banking penetration and financial inclusion, brick and mortar branches are an integral component. Therefore, RBI has decided to focus on villages with population above 5000 without a bank branch of a scheduled commercial bank.

54 such villages were identified and allocated to banks for opening of Brick and Mortar branches by March 2017. Banks were to open the branches at the allocated centres as per the approved road map i.e 30% by September 2016, 30% by December 2016 and rest 40% by March 2017. As per the approved road map 30 branches were to be opened upto the quarter ended December 2016 at the identified centres by the respective banks, but only 2 branches has been opened by Punjab Gramin Bank upto the quarter ended December 2016.The position in opening of branches as on 31.12.2016 is as per Annexure-11. {Page 117-18}


During the deliberations in the 4th Steering Committee meeting to SLBC held on 25.01.2017, the representative of SBI and SBOP apprised that their banks have not taken any decision for opening of the branch at the identified centres due to the merger issue. Shri P S Chauhan, General Manager, PNB assured the house that the branches at the allocated centres to PNB will be opened by March 2017. The representative of other banks was not seized of the issue and they were requested to provide the status to RBI under copy to the convener bank by 04.02.2017 for placing the same in the forthcoming SLBC meeting. The representative of the banks which were required to open the branches during the quarter were advised to open the branches at the identified centre immediately. Shri B B Kalia, AGM, RBI made it clear that non compliance on this front will be viewed seriously by the Regulator. The representative of the banks which were required to open the branches during the quarter are requested to apprise the house about the reasons for not opening of the branches and present status thereof.

Item No.20 Unrecognized Clusters of MSME and availability of banking outlets and credit flow in such clusters.

Reserve Bank of India has conducted study to find out unidentified/Unrecognized Clusters of MSMEs in India and has identified 1161 such clusters in India. It has further been observed in the study that 74% of these MSMEs clusters are not linked to banking system for providing credit flow to these clusters.


4 such clusters have been identified in the State of Punjab i.e 1 each at Ludhiana and Moga and 2 at Patiala. The Detail of these clusters and progress is as per Annexure-12. {Page 119}

Controlling heads of member banks are again requested to consider extending banking facilities to such clusters either through Brick and Mortar Branch or through BC, wherever feasible and send the report to Convener Bank.

Item No. 21 Financial Literacy Centres (FLCs)

Reserve Bank of India vide their circular. No. FIDD.FLC.BC.No.18/12.01.018/2015-16 dated 14.01.2016 has issued revised guidelines of Financial Literacy Centres and convener bank has already circulated the said guidelines to all the member banks/LDMs. The information as per the statement for the q.e. December 2016 is as under:-

950 special target group camps have been conducted by FLCs in the State of Punjab.

1226 special target camps have been conducted by FLCs for people newly inducted into the Financial System in the State of Punjab.

3244 number of rural branches have conducted 5833 special camps during the quarter and number of target specific camps conducted during the quarter are 4212.


Detail of holding the camps by Rural Branches and the data of FLCs is as per Annexure-13 {Page 120}& 13(i) {Page 121-123}.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 25.01.2017,the progress under the scheme was reviewed and it was resolved that each bank should ensure that the banks should ensure conducting of maximum possible number of financial literacy camps specially in the rural areas.


Item No.21(i) Financial Literacy Project in Schools

Ministry of Finance has directed all banks to organize financial literacy programs in schools to implement the pilot project on financial literacy on Pan India basis. Lead District Managers have already mapped the 100 schools per district with bank branches operating in the district and Convener Bank has sent the mapped list to controlling heads of all the banks. Further Ministry of Finance has desired that controlling heads of banks should take the specified actions for successful implementation of Financial Literacy project in schools.

Banks will be the nodal point for reporting and updating the progress made in conducting FL camps in schools to mission office on the prescribed format.

- NABARD has already requested banks to submit proposals on organizing Financial Literacy programs for financial assistance maximum of Rs.15000/- per camp under FIF. Banks may


submit proposals to Nabard’s regional offices or to corporate office Mumbai for multiple states in accordance with the guidelines in the matter.

- As Financial Literacy is an ongoing process, it should be conducted by banks on a regular basis and not be viewed as a one-time activity. Banks are directed to conduct Financial Literacy sessions for the financial year 2016-2017 as per the guidelines of Ministry of Finance.

No. of school mapped

No. of camps organized

No. of Student participated

2200 538 52705(District-wise position is as per Annexure-7) {Page 113}

Controlling heads of banks are requested to apprise their staff on the process flow to be followed and ensuring printing, distribution of FL material as per the specifications and for conducting of camps for in schools for implementation of financial literacy project in the schools.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 25.01.2017, it has been decided that each branch/FLC will conduct minimum one camp in each school mapped.Member banks were requested to ensure that in each school mapped, minimum one FLC camps must be conducted by the Branch/FLC during the quarter.

Item No.21(ii) Opening of Financial Literacy Centres (FLCs) at block level.


The third important pillar focuses on preparing the people for financial planning and availment of credit. Ministry of Finance has observed from the experience of micro finance firms as well as Self Help Groups that, before availing credit, people needs to be made aware of the advantages of access to formal financial system, savings, credit, importance of timely repayments and building up a good credit history. Financial Literacy Centres have so far been set up at Urban/Semi-urban areas. The present plan of Ministry of Finance is to expand the FLCs to the block level.

In the State of Punjab, 99 FLCs are functioning at District and block level of Commercial Banks and 10 FLCs of Cooperative Banks are functioning at Block Level in the blocks allocated to different banks. 109 FLCs are functioning against the target of 143. Detail of FLCs not functioning at block level and the detail of FLCs of Cooperative bank functioning in different blocks in the State of Punjab are attached at per Annexure-14 & 14(i). {Page 124-125}

During the deliberations in the 4th Steering Committee meeting to SLBC held on 25.01.2017, the house was informed that FLCs of most of the banks are functioning either in Branch or LDM office which is against the RBI directives. Further it has been informed that providing of room at Tehsil or BDO office is under consideration of the State Government. The Department of IF&B vide their letter dated 27.1.2017 has requested Director, Department of Rural Development and Panchayats in this respect.

The representative of Department of Rural Development and Panchayats is requested to apprise the house the latest position in the matter.

Member banks are requested to ensure to open the FLCs at the allocated centre expeditiously.

Item Setting up of Rural Self Employment Agenda papers of 139th Meeting of SLBC-Punjab

No.22 Training Institutes (RSETIs)

19 RSETIs are operating in the State of Punjab which includes RSETIs at Dhudi Ke (District Moga) sponsored by PNB and Tappa Mandi in Barnala District sponsored by Canara Bank.

RSETIs are not operating at following centres.Gurdaspur, Pathankot, SBS Nagar, Tarn Taran & Fazilka.

Land has not been allotted at the following centres.Jalandhar & Tarn Taran (only ½ acre allocated)During the deliberations in the 4th meeting of Steering Committee to SLBC held on 25.01.2017, the representative of Rural Development Department informed the house that in respect of allotment of land at Tarn Taran, necessary instructions and permission for allocation of land has been conveyed to District Administration. Nodal Executive PNB apprised that fixing of lease rental @ RS 50000 per acre per annum is on very higher since RSETI is a social welfare project for the benefit and development of the area and the general public, lease rental should be bare minimum.

In respect to the dispensation of clause of 10% hike per annum it was further requested to look into the issue of all RSETIs where already lease was executed with the above clause and dispense the clause . The representative of Rural Development Department apprised the house that the issue is being dealt with by the their department and necessary note has been prepared but it would only be placed and decided after the completion of election process in the State of Punjab.


The representative of Department of Rural Development may apprise the house of the latest developments in the matter.

(Performance of the RSETIs functioning in the State up to December 2016 & status of land allotment is given on Annexure-15 {Page 126} & 15(i) {Page 127-129}.

From the data on progress of RSETIs up to December 2016, it has been observed that:-

2159 training programmes of skill development were organized wherein 57020 trainees participated.

7318 trainees were financed by the banks to start their Enterprises and 22479 trainees set up their enterprises through owned funds.

Out of total 57020 trainees, 32594 were from SC/ST category, 7785 from OBC, 452 from minority and 16189 were from other categories.

42739 Women and 351 Handicapped persons were also provided training for self-employment.

The house may review.

Item No.22(i)

Electricity charges being charged at RSETIs in the State of Punjab.

The instructions of MoRD has already been conveyed to all the banks/LDMs vide which it was clarified that RSETIs are engaged in training of unemployed youths, as per Govt. of India guidelines they should not be treated as commercial establishments and hence charges as applicable to domestic rates need only be collected.

Secretary Rural Development and Panchayats, Govt. of Punjab, vide his DO letter to the Chairman, Punjab State


Power Corporation and to the Secretary, Water Supply and Sanitation Department, has requested to issue necessary instructions for charging of domestic rates on electricity and water being consumed in RSETIs functioning in the State of Punjab. Convener bank has already send the copy of the DO letter to the Lead District Managers and have requested they to ensure that domestic charges are being charged for electricity and water in the RSETI functioning in their district.

It has been reported, that State Electricity Board is still charging Commercial Rate to RSETIs at various locations.

Director, Department of Institutional Finance & Banking vide their letter dated 27.01.2017 addressed to Principal Secretary, Department of Power has again requested not to treat the RSETIs as commercial establishments and hence charges as applicable to domestic rates be charged from RSETIs.

Controlling heads of banks having RSETIs in the districts and LDMs are requested to ensure that electricity and water charges in the RSETIs are being charged on domestic rates.

Item No.23 Progress under Debt Swap Scheme.

At least 3% of disbursement of agriculture credit during the year is to be earmarked for giving loans under “Debt Swap Scheme”. The progress achieved up to Dec.-2016 is as follows:-

(Amount `in Lakh)Target for Debt Swap (on the basis of 3% of Agriculture)

Achievement Under

Debt Swap 2016-17

up to Dec.-

%ageAchievemen

t


16Public Sector Banks

82401 35077 43

Pvt.Sector Banks 20570 4909 24RRBs 9427 10668 113Coop. Bank 40240 21221 53

Total 152638 71875 47(Bank wise progress is as per Annexure-16{Page -1130)

The Controlling Heads of Banks are requested to advise their field functionaries to lend liberally under the scheme to enable the farmers to come out of clutches of money lenders.

The House may deliberate.

Item No. 24 Review of Performance of Banks (excluding Coop. Banks) in key areas relating to Deposits, Advances & Priority Sector Advances.

The comparative position of key banking parameters is given below:-

(Amount ` in crore)

Parameter As At VariationDec.2014

Dec.2015

Dec.2016

Dec. 2015/Dec. 2014

Dec. 2016/Dec. 2015

Absolute %age Absolute

%age

Branches 5623 5981 6263 358 6.36 282 4.71Agg. Dep. 254180 288357 356816 34177 13.44 68459 23.74Advances 195014 218201 231113 23187 11.88 12912 5.91PS Adv. 102996 123192 125043 20196 19.60 1851 1.50Agri. Adv. 49303 64010 68199 14707 29.82 4189 6.54Adv. to MSE

45271 47913 44457 2642 5.83 -3456 -7.21

Weaker Sector Adv.

33276 35720 42024 2444 7.34 6304 17.64

(Bank-wise position is given in Annexure-17 &17 (i-iii) {Page No.131-134}


Item No.24(i)

Branch Expansion

282 new branches of Commercial Banks were opened in the State during the period from 1st January 2016 to 31st December 2016, thus raising the network of branches from 5981 as at 1st

January 2016 to 6263 as at 31st December 2016. Area wise analysis is summarized below:-

Number of Branches

As At VariationDec.2014

Dec.2015

Dec.2016

Dec. 2015/Dec. 2014

Dec. 2016/Dec. 2015

Absolute AbsoluteRural 2400 2569 2632 169 63Semi Urban

1718 1799 1912 81 113

Urban 1505 1613 1719 108 106Total 5623 598

16263 358 282

Observations

During the review period, increase in number of branches in rural areas of Punjab was of the order of 63.

This is followed by Semi-urban areas, which registered an increase of branches to the tune of 113.

Increase in number of branches in urban areas was 106.

This is for information of the House. Agenda papers of 139th Meeting of SLBC-Punjab

Item No. 24(ii) Deposit Growth.

The aggregate deposits of the Banks in Punjab increased by `81259 crore, from ` 288357 crore as at December 2015 to ` 369616 crore as at December 2016, thus posting a growth of 28.17% as against an increase of 13.44% during the corresponding period last year.

(Amount `. in Crore)

Aggregate

Deposits


Dec.2015

Dec.2016

Dec.2015 / Dec.2014

Dec.2016 / Dec.2015

Absolute

Absolute

Absolute

%age

Rural 58537 67640 80304 9103 15.55 12664 18.72

Semi Urban

89297 89237 114555 -60 -0.06 25318 28.37

Urban 106346 131480 161957 25134 23.63 30477 23.17

Total 254180 288357 356816 34177 13.44 68459 23.74

Observations

During the review period, the deposits in urban areas have increased by 23.17% , semi urban area have increased by 28.37% and in rural areas the same has increased by 18.72%.

This is for information of the House.

Item No. 24(iii) Credit Expansion


Gross credit in the State increased by ` 12912 crore, from ` 218201 crore as at December 2015 to ` 231113 crore as at December 2016, thus exhibiting a growth of 5.91 % as against 11.88% during the same period last year.

Area wise analysis is summarized below:- (Amount `. in Crore)

Total Advances


Dec.2015

Dec.2016

Dec. 2015 / Dec. 2014

Dec. 2016 / Dec. 2015

Absolute

%age

Absolute

%age

Rural 36222 34373 34432 -1849 -5.10 59 0.17Semi Urban

57577 61598 61119 4021 6.98 -459 -0.74

Urban 101215

122230

135562

21015 20.76

13332 10.90

Total 195014

218201

231113

23187 11.88

12912 5.91

Observations

During the review period, the growth in outstanding advances in urban areas was 10.90% whereas in rural areas it was 0.17% & in the semi urban areas the same has declined by 0.74% respectively.


Item No.24(iv)

Position of ATMs

The position of installation of ATMs as on 31.12.2016 is as under:-

ATMs opened

during the quarter

Total ATMs as on

31.12.2016

No. of off Site ATMS

No. of on site ATMs

74 7593 2337 5256(Bank-wise position is given in Annexure-18) {Page No.135}


74 ATMs has been installed during the quarter ending Dec. 2016. Total number of ATMs in the State of Punjab is 7593 out of which 2337 are offsite and 5256 are on site.


Item No.24(v) Credit Deposit Ratio – Implementation of the Recommendations of Expert Group on CD Ratio

As per the recommendations of an Expert Group constituted by GOI under the Chairmanship of Shri Y. S. P. Thorat, a Special Sub-Committee (SSC) of District Level Consultative Committee (DLCC) was to be constituted in districts with CD Ratio of less than 40%, for drawing up “Monitorable Action Plans” (MAPs) to increase the CD Ratio on a self set graduated basis. Concerned LDM of the district is the convener of SSC with DCO, DDM, NABARD, LDO, RBI and District Planning Officer as its members.

CD Ratio of 4 districts i.e. Hoshiarpur, Jalandhar, Kapurthala and Nawanshahr as at September 2005 was below 40% and Special Sub Committees (SSCs) of District Level Consultative Committee (DLCC) were constituted in these districts. Lead District Managers of all these four districts have convened the Special Sub-Committee meeting and have submitted the revised road map for achieving the level of 60% as under:-

District Date of Meeting

Monitorable Action Plan

Jalandhar 29.06.2015 40% by 31.03.2016 50% by 31.03.2017 60% by 31.03.2018

Kapurthala 22.07.2015 38% by 31.03.2016 44% by 31.03.2017 50% by 31.03.2018 56% by 31.03.2019


60% by 31.03.2020Nawanshahar

22.07.2015 44% by 31.03.2017 50% by 31.12.2018 56% by 31.03.2019 60% by 31.03.2020

Hoshiarpur 30.06.2015 35% by 31.03.2016 40% by 31.03.2017 45% by 31.03.2018 50% by 31.03.2019 55% by 31.03.2020 60% by 31.03.2021

The comparative position of Monitorable Action Plan and CD Ratio (net of NRI deposits) as at Dec. 2016 & Dec. 2015 of these four districts is given below:-

District CD Ratio (%) as

at March 09/

March 10

as per MAP

CD Ratio

% (including NRI Deposits) as

at Dec. 15

CD Ratio

% (including NRI Deposits) as

at Dec.16

Growth

Dec16/

Dec15

(PPs)

CD Ratio

%

(Net of

NRI Deposits)

as at Dec 15

CD Ratio

%

(Net of NRI

Deposits)

as at Dec 16

Growth

Dec15/

Dec 14

(PPs)

Jalandhar 60 (Mar.15

)

32.00 27.00 -5.00 41.00 35.00 -6.00

Kapurthala 60 (Mar.15

)

32.81 16.91 -15.90

47.52 19.48 -28.04

Nawanshahr 60 (Mar.15

)

35.98 32.53 -3.27 47.00 42.00 -5.00

Hoshiarpur 60 (Mar.15

)

30.47 26.98 -3.49 54.88 47.67 -7.21


Observations:-

The CD Ratio (including NRI deposits) has decreased in all the 4 districts. The CD ratio net of NRI deposits has also decreased in all the four districts.

Lead District Managers has informed that due to demonetization deposits have increased and advances have declined due to recovery in account resultantly decline in CD Ratio.

The concerned LDMs are requested to continue to review the CD Ratio in the meetings of Special Sub Committee of DCC.

The House may review the CD Ratio vis-a-vis MAP to improve CD Ratio of these identified districts.

Item No. 24 v (i) Overall CD Ratio

While calculating the overall CD ratio, all the member banks are requested to adhere to the instructions of Reserve Bank of India contained in their circular No. RPCDLDS.BC No.47/02.13.03/2005-06 dated 09.11.2005 which inter alia states that the CD ratio to be calculated with credit at the place of utilization.

The comparative position of overall CD Ratio of Commercial Banks is as below:-

Period CD Ratio % VariationDecember 2014 77.81December 2015 76.38 -1.43December 2016 65.29 -11.09

(Bank wise CD Ratio as at Dec. 16 is as per Annexure-19. {Page 136} (District wise CD Ratio as at Dec. 16 is as per Annexure-19(i) {Page 137}


Observations:-

During the period under review overall CD Ratio of Commercial Banks for the State of Punjab decreased by 11.09 PPs from 76.38% as at December 2015 to 65.29% as at December 2016. However there is a marginal decline of 3.03 PPs also if we review the same from quarter to quarter i.e as on Sept.2016 CD Ratio was 68.32% whereas in Dec. 2016 the CD Ratio is 65.29%.

The House may review the overall CD Ratio.

Item No. 24 v (ii) CD Ratio - Rural Areas

The comparative position of CD Ratio of rural areas in Punjab is as follows:-

(Amount `. in crore)Period Rural Variation

PPsDeposit Advances CD Ratio %

Dec. 2014 65267 43729Dec. 2015 74880 48744 65.09 -1.91Dec. 2016 88773 41379 46.61 -18.48

Observations

During the review period, the CD Ratio of Rural areas has decreased by 18.48 PPs from 65.09% as at December -15 to 46.61% as at December -16. However there is a decline of 7.65PPs also if we review the same from quarter to quarter i.e as on Sept.2016 CD Ratio was 54.26% whereas in Dec. 2016 the CD Ratio is 46.61%.

Item No. 24 v (iii) CD Ratio - Semi Urban Areas Agenda papers of 139th Meeting of SLBC-Punjab

(Amount `. in crore)Period Semi Urban Variation

PPsDeposit Advances CD Ratio %

Dec.2014 93154 61196 65.69Dec.2015 93790 65629 69.97 4.28Dec.2016 119445 64680 54.15 -15.82

Observations

During the review period, the CD Ratio of Semi Urban areas has decreased by 15.82 PPs from 69.97% as at December 2015 to 54.15% as at December 2015. However there is a decline of 12.04 PPs also if we review the same from quarter to quarter i.e as on Sept.2016 CD Ratio was 66.19% whereas in Dec. 2016 the CD Ratio is 54.15%.


Item No.24 v (iv) CD Ratio - Urban Areas

The comparative position of CD Ratio of urban areas in Punjab is as follows:-

(Amount ` in crore)Period Urban Variation

PPsDeposit Advances CD Ratio%Dec. 2014

108041 102398 94.77

Dec. 2015

133219 116210 87.23 -7.54

Dec. 2016

164196 137106 83.50 -3.73

Observations:

During the review period, the CD Ratio of Urban areas has decreased by -3.73 PPs from 87.23% as at December 2015 to 83.50 % as at December 2016. However there is a increase of


5.87 PPs if we review the same from quarter to quarter i.e as on Sept.2016 CD Ratio was 77.63% whereas in Dec. 2016 the CD Ratio is 83.50%.


Item No. 24 v (v) CD Ratio on the basis of credit as per utilization and Resource support under Rural Infrastructure Development Fund of NABARD.

NABARD has provided resource support of ` 2451.96 crore up to Dec. 2016 to Punjab Government under RIDF for development of infrastructure. When this amount of RIDF is added to the credit provided by banks and the CD Ratio is calculated on the basis of Credit Utilization (Cu) + RIDF, the same works out to be 65.45%.

Item No. 24 v (vi)

Credit plus Investment to Deposit Ratio

Investments made in the State Govt. bonds by the banks to the tune of ` 3357.46 crore when added to the credit provided by banking system in the State and the flow of credit has gone up to ` 234470.46 crore. For the period ended Dec.2016 the “Credit plus Investment to Deposit Ratio” is as follows:-

(Amount ` in crore)Deposits Advances plus investments in

State Government Bonds(C+I)/D Ratio

356816 234470.46 65.71(Detail of investment in securities & Bonds as per Annexure-20) {Page 138}

Item No. 24 v (vii) CD Ratio of Financial System


The CD Ratio of Financial System after inclusion of Deposits & Advances of the Cooperative Banks, Punjab Agriculture Land Development Banks and Financial Institutions comes to 65.43% as per detail given as under:-

(Amount ` in crore)S.No.

Particulars Deposits

Advances

CD Ratio

1 Commercial Banks/RRBs.

356816 231113 64.77

2 Including Cooperative Banks

372415 243165 65.29

3 Including Punjab Agri. Dev. Banks*

372415 243459 65.37

4 Including Financial Institutions**

372415 243707 65.43*Advances PADB (` 293.98 ) **Financial Institutions PFC (` 99.30 crore), PSIDC (` 149.44 Crore).CD Ratio of Financial System as at Dec. 2016 is 65.43%.


Item No. 24 (vi) Priority Sector Advances

During the period under review, Priority Sector Advances in Punjab grew by ` 1851 crore, from ` 123192 crore as at December 2015 to ` 125043 crore as at December 2016 thus showing a growth of 1.50% as against an increase of ` 20196 crore or 19.60% during the corresponding period previous year.

The share of incremental PS advances to incremental advances during the period under review is 14.33%.

Item No. 24 (vii)

Agriculture Advances

The Agriculture Advances in the State during the period under review witnessed an increase of `.4189 crore, from ` 64010 crore as at December 2015 to ` 68199 crore as at December


2016 thus showing a growth of 6.54 % as against an increase of `14707crore or 29.82% during the same period last year.

The share of incremental agriculture advances to incremental advances during the period under review is 32.44%.

Out of the total Agriculture advances of `70614 crores term loan component is `14752 crores which comes to 21.63% (Bank wise detail is at Annexure 17(i){ Page-132}.

Item No. 24 (viii)

Advances to Micro, Small & Medium Enterprises (MSMEs) in Priority Sector.

The advances to Micro & Small Enterprises during the period under review registered a decrease of `. 3456 crore, from `47913 crore as at December 2015 to `44457crore as at December 2016 thus showing a negative growth of 7.21% as against an increase of ` 2642 crore or 5.83% during the corresponding period previous year.Item No.24 (ix) Advances to Weaker Sector

During the period under review, the advances to Weaker Sector increased by ` 6304 crore, from ` 35720 crore as at December 2015 to ` 42024 crore as at December 2016, thus registering a growth of 17.64% as against an increase of ` 2444 crore or 7.34% during the same period last year.

Item No. 25 Review of National Goals

As per guidelines of RBI, banks are required to achieve National Goals on Adjusted Net Bank Credit (ANBC) as at the end of previous year instead of NBC and for calculation of ANBC the outstanding FCNR (B) and NRNR deposit balance will no longer be deducted for computation of ANBC, which now will be Bank Credit plus investments made in non SLR bonds


under HTM category. It may be difficult for banks to arrive at such figures at State level and as such the review of National Goal is made on the basis of Net Bank Credit as at the end of previous year, which means gross credit minus inter bank credit.

The comparative position relating to achievement of National Goals in the State is given below:-

Sr. No

Particulars Goal %

%age Position as on Dec.2014

Dec.2015

Dec.2016

a) Priority Sector Adv. to Net Bank Credit

40 57 60.03 58.63

b) Agriculture Adv. to Net Bank Credit 18 29 33.12 33.69

c) Small & Marginal Farmers 7 NA 13.40 13.98d) Micro Enterprises 7 NA NA 7.06e) Export Credit 2 NA NA 1.13f) Weaker Sector Adv. To Net Bank

Credit10 19 18.54 20.57

g) CD Ratio (Rural) 60 66.11 65.10 46.61h) CD Ratio (S-Urban) 60 64.23 69.97 54.50i) Women Beneficiaries Advances to

NBC5 6.40

8.197.75

[Bank-wise performance under National Goals is as per Annexure-21 & 21(i) {Page 139-140].Observations:

The ratio of Priority Sector Advances to Net Bank Credit as at Dec.16 stands at 58.63% as against National Goal of 40%.

The share of Agriculture Advances to Net Bank Credit, as at Dec.16 is 33.69% against the National Goal of 18%.

The share of Small and Marginal Farmers to Net Bank Credit, as at Dec.16 is 13.98% against the National Goal of 7%.

The share of Micro Enterprises to Net Bank Credit, as at Dec.16 is 7.06% against the National Goal of 7%.

The share of Export credit to Net Bank Credit, as at Dec.-16 is1.13% against the National Goal of 32%.

The advances to Weaker Sector are 20.57% of Net Bank Credit, as against National Goal of 10%.


The CD Ratio of Rural area is 46.61% against the national goalof 60%.

The CD Ratio of Semi Urban area is 54.50% against the national goal of 60%.

The advances to Women Beneficiaries constitute 7.75 % of Net Bank Credit, against the National Goal of 5%.


Item No. 26 Education Loan achievements.

The performance of Scheduled Commercial Banks as on 31.12.2016 forthe financial year 2016-17 is as under:-


Year Accounts Balance O/S

IncreaseAbsolute %age

Dec. 2014 36699 1231.00 165.94Dec. 2015 35936 1257.53 26.53 2.51Dec. 2016 33246 1282.35 24.82 1.97

(Bank-wise position as at Dec. 2016 is as per Annexure-22) {Page 141}.

Member Banks are requested to give more thrust for making advance under this segment.

Item No. 26(i) Progress of Education loans to Women Students.

(Amount `in Crore)Total Amt. advanced during the quarter

Out of which advances to women student during the quarter

% of advances made to women student

No. of Amount No. of Amoun No. of AmounAgenda papers of 139th Meeting of SLBC-Punjab

account account t account

t

1793 64.67 551 40.82 30.73 63.12 (Bank-wise position as at Dec.2016 is as per Annexure-22 {Page 141}

During the quarter ended Dec.2016, the banks in the State of Punjab have made 1793 education loans amounting to ` 64.67 crores, out of which 551 loans amounting to ` 40.82 crores have been made to female students. The percentage of loans advanced to women comes to 30.73% & 63.12% respectively for number of accounts and amount advanced.

This is for the information of the House.

Item No. 26 (ii)

Collateral Free Education Loans & Position of NPA.

As per RBI guidelines the banks are required to grant collateral free education loan upto 4 lacs. Implementation of the guidelines of RBI is emphasized in each meeting of SLBC. The relevant data in this regard for quarter ended Dec.2016 is placed below:-

(Amt . in ` Crore)Number of Education Loan accounts outstanding

Amount of Education Loan outstanding

Out of 2, NPA outstanding

%age of NPA under Education Loan

Out of 2, education loan granted collateral free

Out of 5, NPA out of collateral free loans

%age of NPA in collateral free accounts

1 2 3 4 5 6 7

33246 1282.35 37.02 2.89479.18 20.31

4.23

(Bank-wise detail as per Annexure-23 {Page 142}.


The House may discuss.

Item No. 27

Advances to Minority Communities.

The comparative position is given below: (Amount `.in Crore)

MinorityCommunity

December 14 December 15 %ageGrowth

December 16 %ageGrowth(in amt.)

A/Cs Amt. O/S

A/Cs Amt. O/S

A/Cs Amt. O/S

Muslims 12443 286.21

20395 440.67 53.96 23344 711.34 61.42

Christians 8321 173.19

8762 161.70 -6.63 9117 152.47 -5.70

Budhists 201 10.37 246 18.04 73.96 425 21.16 3.12Zoroastrians 128 2.94 0 0 0

Jains 2200 434.82

2757 748.80 72.20 4198 1249.61

66.88

Total 23293 907.53

32160 1369.22

50.87 37084 2134.58

55.89

(Bank-wise position as at Dec. 2016 is as per Annexure-24 {Page 143}.

The overall advances to minority communities have registered an increase of ` 765.36 crore, from `1369.22 crore as at December -2015 to `2134.58 crore as at December 2016, thus showing a growth of 55.89%.

During the quarter ended December 2016, banks disbursed advances to the tune of `87 crore to borrowers belonging to minority communities. The bank-wise position is given as per Annexure 24(a). {Page 144}


Item No. 27(i)

Advances to Women Beneficiaries

The comparative position is given below:-



Year Accounts

Amt. O/S

Increase %age to Net Bank

CreditAbsolu

te%age

Dec. 14 340057 12148.23

Dec. 15 480058 17565.79

5417.56

44.59 8.05%

Dec. 16 595952 17450.43

-115.36

-0.65 7.55%

(Bank-wise position as at Dec-2016 is as per Annexure-24(i) {Page 145}.

The overall advances to women beneficiaries witnessed an marginal decrease of ` 115.36 crore from ` 17565.79 crore as at Dec 2015 to ` 17450.43 crore as at Dec 2016, thus registering a decline of 0.65 %. In the State of Punjab, the share of advances to women beneficiaries to Net Bank Credit as at Dec 2016 stands at 7.55%, against the target of 5%.

The bank-wise position in respect of advances to women beneficiaries to total advances as at Dec.-2016 is given as per Annexure-24(ii-iii) {Page 146-147}.

During the quarter ended Dec-2016, banks have disbursed loans to the tune of `4350.53 crore to women beneficiaries. The bank-wise position is given at Annexure-24(iv) {Page 148}.

Item No. 27(ii) Advances to SC Beneficiaries

(Amount ` in Crore)


Year Accounts Balance Outstanding

IncreaseAbsolu

te%age

Dec. 2014 178116 3417.64Dec. 2015 166655 3539.16 121.52 3.55Dec. 2016 197789 3981.81 442.65 12.50 [Bank-wise position as at Dec. 2016 is given in Annexure-17(ii)]. {Page 133}

The overall advances to SC beneficiaries during the period under review witnessed an increase of `442.65 crore from ` 3539.16 crore as at Dec.2015 to `3891.81 crore as at Dec.2016, thus showing a growth of 12.50%. The increase from quarter to quarter is `119.38 crore i.e from `3862.43 crore as on Sept.2016 to `3981.81 crores as on Dec.2016.

The House may review.

REVIEW OF GOVT. SPONSORED SCHEMES & PROGRAMMES

Item No.28 Review of Govt. Sponsored Schemes & Programmes

Item No.28 (i)

National Rural Livelihood Mission (NRLM)-Implementation in the State of Punjab

The Govt. of India decided to restructure SGSY and launch National Rural Livelihood Mission from 2011 in a mission mode. The Mission of NRLM is to reduce poverty by enabling poor


households to access gainful self employment, skilled wage employment opportunities resulting in appreciable improvements in their livelihoods on sustainable basis through building strong institution of the poor. Under this programme, the financing of the programme is shared between the Centre and the State in the ratio of 60:40. During the first phase, 12 blocks of 5 districts viz. Patiala, Sangrur, Ferozepur, Tarn Taran and Gurdaspur were selected for implementation of NRLM in the state of Punjab.In 2015-16, 2 more blocks viz. Phool and Lambi were selected in Bathinda and Muktsar districts respectively taking the total blocks to 14 upto the year 2015-16.Now in the year 2016-17, all 22 districts of Punjab and 21 new blocks has been covered in the programme. Thus NRLM now is being implemented in 35 Blocks of 22 District of Punjab.

Position of Self Help Group under NRLM

Targets(New+Revived) SHGs

No. Of SHGs Formed

Cumulative position as at 31.12.2016

1657 1139 3478

(District-wise position is as per Annexure-25) {Page 149}

Convener bank has already sent the list of pending cases to respective banks and have requested them to dispose off the pending application on merits within the time frame fixed by RBI expeditiously.

The representative of Department of Rural Development is requested to apprise the house the latest position.

ItemNo.28 (ii) Position of Women Self Help Groups


under NRLM

A major thrust of the Mission in the Deendayal Antyodaya Yojana-National Rural Livelihoods (DAY-NRLM) has been to develop and diversify livelihoods of poor women through access to Bank credit. Prorammes for Skill Development of women and support for individual beneficiary schemes for livelihoods are undertaken to enable a larger demand for economic activity through Bank credit.

The progress as on 31.12.2016 is as under:-Position of Women Self Help Groups.

No of Women SHG as on 30.09.16

Position of women SHGs during the

quarter

Cumulative position as on 31.12.16

Saving

Linked

(Nos.)

Credit

Linked

(Nos.)

Amount Disburse

d( In Lacs)

Saving

Linked

(Nos.)

Credit

Linked

(Nos.)

Amount Disburse

d( In Lacs)

Saving

Linked

(Nos.)

Credit

Linked

(Nos.)

Amount Disburse

d( In Lacs)

2466 1052 2487.22 1018 286 152.09 3484 1338 2639.31

Member Banks/LDMs are requested to give more thrust on formation of women SHGs and for extending bank credit to women SHGs.

Item No.28(iii) Prime Minister Employment Generation Programme (PMEGP).

KVIC has informed the following progress under PMEGP for the year 2016-17 up to 31.12.2016:-

Particulars KVIC KVIB DIC TotalRural Urban


Target No. of Projects

711 711 474 475 2371

Margin Money(Rs. in Lakh)

1422.75

1422.75

948.60 948.60 4742.50

Employment 5690 5690 3794 3794 18968ProgressCases disbursed

135 185 456 776

Margin Money Released

408.43 482.11 853.46 1744.00

Employment 1080 1480 3648 6208

Observations:

A sum of ` 1744 lakhs has been disbursed as margin money in the 776 cases disbursed upto 31.12.2016. 6208 unemployed youth have been provided employment.

KVIC has revised the targets for the year 2016-17 and the Convener Bank has already sent the same to LDMs for allocation of the same amongst the member banks. Districtwise detail of allocation is as per Annexure-26. {Page 150}

The representative of KVIC/KVIB/DIC may inform the latest position to the House. While reviewing the progress in the 4th Steering Committee meeting to SLBC held on 25.01.2017, the representative of the department informed the house that out of 5800 applications sent to the banks only 155 has been sanctioned while no decision has been taken for 4900 applications. It was resolved that the issue of pending applications with various banks be taken up by the Lead District Managers in DCC/DLRC meeting and the representative of KVIC discuss the bank wise pending cases in detail in that meeting. Further it was


resolved that in DCC/DLRC meeting banks be sensitized for operation of KVIC portal in detail.

Lead District Managers are requested to note the above decision taken in the meeting and ensure that the issue of pending application and operation of KVIC portal be discussed in DCC/DLRC meeting meticulously.

Item No.28(iv) On line e-Portal of PMEGP Scheme.

During the deliberations in the empowered committee meeting on MSME held on 03.10.2016 at Reserve Bank of India, the representative of KVIC informed the house that all the applications received under PMEGP must be entered in the e-portal. He further informed that only those applications will be entertained which will be entered in the e-portal. The procedure for entering the applications is as under:-

1. Open the website "www.kvic.org.in"2. On home screen click on "PMEGP"3. On PMEGP e-portal, Click on "bank login" link given on right

corner.4. Enter IFSC Code of branch as USER ID.5. Enter email ID of the branch as PASS WORD. 6. SUBMIT

Branch will receive the one time pass word within one day and after that all applications received under PMEGP must be entered in this portal. Convener bank has already conveyed these instructions to all the member banks and have requested to reiterate the same among the branches of their bank and instruct them for meticulous compliance of the same.


http://www.kvic.org.in/

For any technical support send mail to [email protected] from your branch email id with IFSC code, branch name, contact person name, designation and contact number.

Member banks are again requested to ensure to reiterate these instructions among the branches of their bank for compliance.

Item No.28(v)

National Urban Livelihoods Mission (NULM)

Government of India has restructured the SJSRY scheme to National Urban Livelihoods Mission (NULM), which is applicable to cities with population of 1 lac or more and all the District Head Quarter Towns/Cities whether its population of less than 1 Lac as per the census of 2011.In the State of Punjab only 26 town/cities will be covered. Further under NULM only the interest subsidy will be given to the beneficiaries for setting up Micro Enterprises. The interest subsidy will be given over and above the 7% interest. There is no capital subsidy for any project (Individual or Group). The Bankwise/Districtwise targets is as per Annexure-26(i) {Page 151}. The progress under the scheme is as under:-

Targets of loan disbursal for FY 2016-

17

Number of ApplicationsReceived

Application Rejected

Sanctioned Pending

with banks

Amount

Disbursed (

in lacs)

SEP(I)

SEP(G)

SEP Bank

Linkage

1200

50 50 457

196 166 603

172


mailto:[email protected]

The representative of department of NULM is requested to apprise the house latest in the matter please.

During the deliberations in the 4th Steering Committee meeting to SLBC held on 25.01.2017,the representative of the department informed the house that in SEP cases and in SHG groups many banks are not opening the account of SHG groups because of non providing of PAN by the SHG members as banks have made it mandatory for providing of PAN number. It was informed to the representative of the department that providing of PAN is not compulsory for opening of accounts of SHG groups aand wherever the SHG members do not have PAN, they have to submit Form 60/Form 61. Member banks were requested to sensitize the branches under their control for not to make PAN mandatory for opening of account of SHG groups.

Member banks are again requested to sensitize the branches under their control for not to make PAN mandatory for opening of account of SHG groups and pending applications should be disposed off expeditiously as per RBI guidelines.

Item No.29

Micro Financing – Self Help Groups

The summary of progress made in implementing the concept of Self Help Groups both under the Scheme of SGSY and Normal Lending up to 31.12.2016 is given below:-

SHGsAs on

31.03.2016

SHGsAs on

31.12.2016

Gap between

SHG formed &

credit linked as

on

From 01.04.2016

up to 31.12.2016

No. of SHGs forme

No. of SHGs credit

No. of SHGs forme

No. of SHGs credit

No. of SHGs forme

No. of

SHGs


d linked

d linked

31.12.2016

d credit linke

d3556

12507

23690

92574

111168 1348 669

(District wise Progress is as per Annexure-27 {Page 152}

Observations:

Up to 31.12.2016, 36909 Self Help Groups have been formed out of which 25741Groups have been credit linked since inception of the scheme.

The gap between the SHGs formed & linked with bank credit is 11168. During the current financial year 1348 groups have been formed up to Dec.2016.

The pace of formation & credit linkage of SHGs needs to be accelerated.


Item No.29(i)

Micro Financing – Self Help Groups

Item No.29(ii)

Joint Liability Groups- Financing of Joint Farming Groups of ‘Bhoomi Heen Kissan’.

In view of the Union Budget announcements on financing five lakh joint farming groups of ‘Bhoomi Heen Kissan’ targets on Financing of Joint Liability Groups of ‘Bhoomi Heen Kissan’ were allocated by NABARD. The summary of progress made in implementing the concept of Joint Liability Groups up to 31.12.2016 is given below:-


JLG Financed upto

31.03.2016

Target JLGs Financed

during q.e.Dec.20

16

Total JLGs Financed

Up to 31.12.2016

16478 5975 3334 19812(District-wise performance is attached as per Annexure-28 {Page 153}

Member banks are again requested to reiterate guidelines to their branches on financing of JLG for farm sector and non farm sector activities and monitor the branch wise progress in financing of JLG on monthly basis.

Item No. 30 Annual Credit Plan 2016-17.

Item No. 30(i) Annual Credit Plan 2016-17 Achievements up to 31.12.2016

The achievement under Annual Credit Plan (2016-17) up to Dec.2016 is given below:-

(Amount ` in crore)Sector ACP 2015-16 up to

Dec. 2015ACP 2016-17 up

toDec. 2016

Targets Ach. % Ach.

Targets Ach. % Ach.

Agriculture 69101 67522 98 76318 65287 86NFS (MSME) 24503 24775 101 28347 16095 57Other Priority Sector 15827 13055 82 22735 9609 42

Total 109431 105353

96 127401 90991 71


District-wise & Bank-wise disbursement under ACP Annexure-29 & 29(i) {Page 154-161}District-wise & Bank-wise Targets vis-à-vis Achievements under ACP Annexure-30 &30(i) {Page

162-163}District-wise & Bank-wise outstanding under ACP Annexure-31 & 31(i) {Page 164-169}

As against targets of `127401 crore under Annual Credit Plan, Banks have disbursed loans to the order of ` 90991crore. The percentage achievement works out to 71%.

As against target of ` 76318 crore under agriculture & allied sector, Banks have disbursed ` 65287 crore. The achievement is 86%.

Banks disbursed loans amounting to `16095 crore against the target of `28347 crore set forth for NFS (MSME). The achievement comes to 57%.

Banks disbursed loans to the tune of ` 9609 crore under Other Priority Sector against the target of`22735 crore. The achievement comes to 42%.

District wise Analysis

The perusal of district-wise progress up to Dec-2016 under ACP 2016-17 is given at Annexure-30 {Page 162} which reveals as under:-

The overall targets have been exceeded in 5 districts i.e. Faridkot, Ferozepur, Kapurthala, Nawanshahar & Pathankot and missed by varying margins in other districts.

The targets under Agriculture & Allied Sector have been achieved in 5 districts i.e. Bathinda, Faridkot, Ferozepur, Kapurthala & Nawanshahr and missed by varying margins in other districts.

The targets under MSME Sector have been exceeded in 5 Districts i.e. Ferozepur, Hoshiarpur, Kapurthala, Mohali & Pathankot, and missed by varying margins in remaining districts.


The targets under Other Priority Sector have been achieved in 2 Districts i.e. Faridkot and Muktsar and missed by varying margins in remaining districts.

Bank-wise Progress:

The study of bank-wise progress given as per Annexure 30(i) {Page 163} reveals as follows:-

Agriculture & Allied Activities

As against target of ` 41205 crore under agriculture sector, Commercial Banks, have disbursed loans amounting to ` 35167 crore. The achievement works out to 85%.

As against target of ` 10279 crore under agriculture sector, Private Sector Banks, have disbursed loans amounting to ` 9414 crore. The achievement works out to 92%.

As against target of ` 4713 crore under agriculture sector, RRBs have disbursed loans amounting to ` 4267 crore, thus showing achievements of 91%.

As against target of ` 20120 crore under agriculture sector, Cooperative Banks have disbursed loans amounting to ` 16440 crore, thus showing achievements of 82%.

MSME Sector

As against target of ` 22576 crore under this sector, Commercial Banks have disbursed loans amounting to `12023 crore. The achievement comes to 53%.

As against target of ` 5121 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 3802 crore. The achievement comes to 74%.


As against target of ` 103 crore under this sector, RRBs have disbursed loans amounting to ` 119 crore. The achievement comes to 116%.

As against target of ` 546 crore under this sector, Cooperative Banks have disbursed loans amounting to ` 151 crore. The achievement comes to 27%.

Other Priority Sector

As against target of `17233 crore under this sector, Commercial Banks have disbursed loans amounting to ` 6974 crore, the achievement comes to 40%.

As against target of ` 3718 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 1647 crore, the achievement comes to 44%.

As against target of ` 209 crore under this sector, RRBs have disbursed loans amounting to ` 84 crore, the achievement comes to 40%.

As against target of ` 1575 crore under this sector, Cooperative Banks have disbursed loans amounting to ` 903 crore, the achievement comes to 57%.

The house may review the progress.

Item No. 30(ii)

NPA in Agriculture Sector

The position of NPAs under Agriculture Loans in the State of Punjab as on 31.12.2016 is given as under:-

(Amount ` in Crore)Outstanding under Agriculture Loans

NPA under Agriculture loans

%age of NPA to

Total Advance

%age of NPA to


Agri. advance

s

s total advance

s

No. of Accounts

Amount

No of Account

s

Amount

3023228

77684

89460 5150 6.63 243166

2.12(Bank wise progress is as per Annexure-32) {Page 170}

NPA under Agriculture are to the tune ` 5150 cores which is 6.63% of agriculture advances outstanding and 2.12% of total advances respectively in the State.

This is for the information of the House.

Item No. 31

Ground level Credit data

The Ground level credit disbursement by the financial institutions in the State of Punjab. The position of disbursement segment wise is as under:-

(Amount ` in Crore)

Particular Crop Loans Term Loan Agriculture

Total Agriculture

Targets

Achievements

Targets Achievements

Targets Achievement

s

Commercial Banks

40469 35864 8754 6768 53070 44618

RRBs 3788 3834 697 299 4805 4203

Coop. Banks

16723 13178 2102 2601 19795 16119

PADB 287 136 523 179 981 347

Total 61267 53012 12076 9847 78651 65287Agenda papers of 139th Meeting of SLBC-Punjab

The Segment wise position is placed as Annexure-33 {Page 171} .

The house may discuss.

Item No. 31 (i)

Position of Agriculture Advances through Term Loan.

The Position of Term Loan to agriculture sector is as under:-

(Amt. in crores)

Outstanding under Agriculture Advances

Outstanding under Term Loan

No. of Accounts

Amount No. of Accounts

Amount

1635351 68199 519376 14753

Thus Term Loan to agriculture constitutes 20% of total agriculture advances. The position is placed as Annexure-33(i) {Page 172}.

This is for information of the house.Agenda papers of 139th Meeting of SLBC-Punjab

Item No.32

Solar Pumpset Scheme of Ministry of New Renewable Energy.

As per the directions of Ministry of New Renewable Energy convener bank has requested all the member banks to allocate target of minimum one solar pump per rural branch during 2016-17. The progress of banks in financing solar pump during 2016-17 is as under:-

(Amt in lacs.)

Target for the F/Y 2016-17

Number of Solar Pump Financed

Amount Disbursed since 01.04.2016

3235 18 45.09

(Bank wise detail as per Annexure-34) {Page 173}

Member Bank are requested to take steps for achievement of targets under the scheme.

Item No. 33 Developing a web portal for Govt. Agenda papers of 139th Meeting of SLBC-Punjab

Sponsored Subsidy Schemes.

We have been informed by NABARD that they are developing a web portal for Govt. Sponsored Schemes for online submission of subsidy claims by financing banks to facilitate and to simplify the work process. It is envisaged by NABARD that the controlling offices of the financing banks would be submitting the application online by feeding data in the web portal which is being developed.

NABARD is creating unique ID for Controlling Office of the financing banks eligible to submit the subsidy claims to NABARD. Convener Bank has already requested member banks to furnish the contact details of the dealing official to convener bank.

Member Banks who have not yet submitted the details are again requested to submit the same to convener bank.

Item No.34 Farmers’ Club Programme.

The cumulative progress achieved in formation of Farmers’ Clubs in Punjab as at 31.12.2016 is as follows:-

Farmers club target for 2016-

17

Farmers Club approved upto

Dec.2016

Farmers Club to be launched during 2016-17

Cumulative position as

on 31.12.2016

180 128 558 2813

During the financial year 2016-17, Commercial banks in Punjab have launched/ established 128 new Farmers’ Clubs.


The House may review the progress.

Item No.35 National Horticulture Board & National Horticulture Mission

The summary of the progress achieved in LOI cases of National Horticulture Board as on 31.12.2016 is as follows:-

(Amount ` in Lacs)Year LOI

IssuedCases

disbursedSubsidy Released

2010-11

25 62 209.63

2011-12

11 15 688.23

2012-13

4 3 6.60

2013-14

22 21 622.62

2014-15

50 10 616.70

2015-16

77 17 702.24

2016-17

10 31 480.38

The House may review the progress.

Item No. 36 Advances to Industrial Sector

Item No. 36(i)

Credit to Micro, Small & Medium Enterprises (MSME)

Reserve Bank of India vide circular RPCD.SME & NFS.NO. BC.90/ 06.02.31/2009-10 dated 29th June, 2010 read with extant instructions contained in para 1.3 and para 2.1.3 of the Master Circular on lending to Micro, Small and Medium Enterprises (MSME) banks are advised to ensure that:-


40% of total advances to MSE sector should go to micro (manufacturing) enterprises with investment in plant & machinery upto `10 lakh and micro (services) enterprises having investment in equipment up to ` 4 lakh;

20% of total advances to MSE sector should go to micro (manufacturing) enterprises with investment in plant & machinery above `10 lakh and up to ` 25 lakh and micro (services) enterprises with investment in equipment above `4 lakh and up to ` 10 lakh. (Thus 60% of MSE advances should go to micro enterprises).

In terms of the recommendations of Prime Minister’s Task Force on Micro, Small & Medium Enterprises (MSMEs) under Chairmanship of Shri TKA Nair, the banks have been advised as under:-

Achieve a 20% Year on Year growth in credit to micro and small enterprises to ensure enhanced credit flow,

The allocation of 60% of MSE advances to the micro enterprises

Achieve a 10% annual growth in number of micro enterprise accounts. It is further advised that banks should open more SME focused branch offices at different MSE clusters which can also act as Counseling Centers for MSEs. Each Lead Bank of a district may adopt at least one MSE cluster.

(Amount ` in crore)Particulars March-2016 Dec-2015 Dec-2016

Accounts

Amount

Accounts

Amount

Account

Amount

Micro Enterprises

423463 18888 387191 19104 482138 18749

Small Enterprises

81080 20541 81406 22850 82211 19739

Micro & Small Enterprises (MSE)

504543 39429 468597 41954 564349 38488

Share of advances to

Not Applica

ble

48% Not Applica

ble

45.53% Not Applica

ble

48.71%


Micro Enterprises / MSEMedium Enterprises (ME)

5238 5317 4655 5958 4435 5806

MSME 509781 44747 473252 47912 568784 44295 (Bank-wise performance is as per Annexure-35 & 35(i) {Page 174-175}.

Observations

In the State of Punjab, banks have provided credit to the tune of `38488 crore to 564349 Micro & Small units up to Dec.2016 as against ` 41954 crore to 468597 units as at Dec.-2015. The annual growth in number of micro enterprises accounts is 0.98% against the target of 10%.

The YoY growth of credit to MSEs has declined to 8.25% against the target of 20%.

The share of advances to micro enterprises to total MSE as at Dec.-2016 is 49% against stipulated level of 60%.

The decline in the Micro, Small & Medium Enterprises & MSE advances is on account of revised guidelines of RBI vide which Agro Processing Units have to be classified in Agriculture Sector.

The Controlling Heads of Banks are requested to take further steps for enhancing MSEs outstanding as also the share of advances to Micro Enterprises from Micro & Small Enterprises so that the stipulated level of 60% is achieved.

Item No. 36.i (a)

Financing of New Units


As per the policy package announced by Hon’ble Finance Minister, each Urban & Semi Urban bank branch is to provide financial assistance to at least 5 new units under Tiny, Small & Medium industry in a year.

The position of financing of New Units up to Dec.2016 is given below:-

(Amount ` in Crore)Institution Number

of U/SU Branche

s

New SME Units Financed

New SME Accounts Opened

Per Branch

Number Amount

Commercial Banks

3557 41672 3877 11.72

RRBs 74 2087 21 28.20Total 3631 43759 3898 12.05 (Bank-wise performance is as per Annexure 35(ii) {Page 176}

Observations:

During the period ended Dec.-2016, 3631 Urban/ Semi Urban branches of banking system in Punjab have financed 43759 new accounts under SME sector.

The per branch new SME account comes to 12.05 as against annual target of 5 cases per branch.

The performance is satisfactory.

Item No. 36.i (b)

Collateral Free Loans to MSME

The position for the quarter ending Dec-2016 is summarized below:-

(Amount ` in Lakh)Period New MSEs loans upto ` 10 Out of which


lakh collateral free loansQuarterended

No. of units Amount No. of units Amount

Dec-2014 8581 29805 7919(92%)

26376(88%)

Dec-2015 52620 83709 48216(92%)

74246(89%)

Dec-2016 60988 94635 59131(97%)

89524(95%)

(Bank wise information is as per Annexure-35(iii) {Page 177}

Banks have provided loans up to ` 10 lakh to 60988 MSE units during the quarter ended Dec.-2016, out of which collateral free loans have been provided to 59131 units which means the coverage is 97%.

As per extant guidelines, all loans upto ` 10 lacs to SME are mandatorily to be given without taking any collateral security.

The house may review.

Item No. 36.i (c)

Position of NPA in MSME advances

The relevant data in this regard for quarter ended Dec.-2016 is placed below:-

(Amt . in ` crore)Number of MSME

Loan accounts outstand

ing

Amount of MSME

Loan outstandi

ng

Out of 2, NPA

outstanding

%age of NPA

under MSME Loan

Out of 2,

MSME loan

granted

collateral free

Out of 5, NPA

outstanding

%age of NPA

in collete

ral free

MSME


1 2 3 4 5 6 7

568611 44553 6477 14.54 4949 792.68 16.01

(Bank-wise detail as per Annexure-35(iv) {Page 178}


Item No. 36.i (d)

Review of Growth in MSE Accounts

The relevant data in respect of Commercial Banks for quarter ended Dec.2016 is placed below:-

(Amt . in ` Crores)MICRO ENTERPRISES Accounts MICRO & SMALL ENTERPRISES

No. of Accounts

as on 31.03.201

6

New accounts opened

during the Financial year upto Dec.-2016

% growth

in No. of Account

s

Credit Outstanding

as on 31.12.2016

Credit provided during the Year

upto Dec.-2016

% growth in

credit.

388649 77501 20 39709 9846 24.79

(Bank-wise detail as per Annexure-35(v) {Page 179}

Observations:

During the period under review the Commercial Banks in the State opened 77501 new accounts of Micro Enterprises showing growth of 20% in the number of accounts opened during this fiscal year. Banks in the State have provided fresh credit to the tune of `9846 crores to MSE during the period under review, thus showing a growth of 24.79%.



Item No. 36.i (e)

Position of Sick MSEs.

The position of sick SME units as at Dec.-2016 is as follows:-(Amt. ` in Crores)

SME units identified as sick as at 31.12.2016

SME units classified as Units under nursing

Units where viability

decision yet to be taken

Units Amt. Viable Non viable Units

Amt. Units

Amt.Unit

sAmt. Units Amt.

15494

1749.67 113 163.6

91510

91536.9

6 66 187.83 272 49.0

2(The bank-wise data is available on Annexure-36 {Page 180}


Item No. 36.i (f)

Credit Guarantee Fund Scheme for Micro & Small Enterprises

The comparative position of coverage under the scheme is as follows:-

(Amount ` in lakh)Cumulative Coverage

As on 31.03.2016

Coverageduring 2016-17

(Upto Dec.-2016)

Cumulative Position

as at Dec.-2016

Accounts

Amount

Accounts

Amount

Accounts

Amount

50104 283602 10200 33556 60304 317158(Bank-wise performance is as per Annexure-37) {Page 181}

Observations:


The banks, up to Dec. 2016, have covered 60304 MSE units amounting to ` 317158 lakh under the Credit Guarantee Fund Scheme. Upto the period ended Dec-2016, banks have covered 10200 cases under the scheme amounting to `33556 lakh.

The house may review the performance.

Item No.37 Recovery of Banks' Dues - Pending Recovery Certificates under State Recovery Acts

The position as at Dec. 2016 of pending Recovery Certificates filed under State Recovery Acts is given below:- (Amt. ` in lac)

S. No.

Particulars No. of RCs Amount

i Cases settled during the quarter

140 345.43

ii Total pending cases 1736 5990.89iii Out of (ii) above, cases

pending for less than six months

296 1140.79

iv Out of (ii) above, cases pending for more than six months but less than one year.

199 550.37

v Out of (ii) above, cases pending for more than 1 year.

1241 4299.73

(District-wise & Bank wise position is as per Annexure 38 {Page 182-183}


Observations

As many as 1736 cases filed under State Recovery Acts involving a sum of ` 5990.89 lakh are lying pending with Recovery Officers. 1241 RCs with amount outstanding to the tune of ` 4299.37 lac are pending for more than 1 year. The pendency in respect of RCs for more than One year is mainly in respect of Districts of Amritsar, Bathinda, Fazilka, Kapurthala, , Ludhiana, Muktsar & Tarn Taran and mainly of PNB, P&SB, SBI, SBOP & Punjab Gramin Bank.

Directorate of Institutional Finance & Banking vide their letter dated 27.01.2017 addressed to all Deputy Commissioners in the State of Punjab has requested to issue instructions to the field officials for early settlement of pending cases and also to discuss the matter in the district revenue officers meetings where in Lead District Manager may also be invited.

Lead District Managers are requested to attend the revenue officers meetings and discuss the pending cases and take steps for settlement of pending recovery cases.

Item No. 38

Delay in taking possession of assets by Chief Metropolitan Magistrates/District Magistrates under section 14 of SARFAESI Act, 2002.

The Bank-wise position of pending cases under SARFASAI in the State of Punjab under as on Dec-2016 is as under:-


(Amt ` in Lacs)

No. of Pending Cases with Metropolitan

Magistrates/District Magistrates

Cases pending for more than

one Month

Amount Involved

224 215 27356.88 (Bank wise Position is as per Annexure 39) {Page 184}

Directorate of Institutional Finance & Banking vide their letter dated 27.01.2017 addressed to all District Magistrates in the State of Punjab has requested to accord due priority to these cases and if required Revenue Officer may be authorized for taking help of the police wherever necessary for the purpose. However, police may not investigate the matter at their level as there is no such provision in the said Act. In such cases, police is mainly to assist the District Magistrate or the officer authorized as aforesaid to take possession of the secured assets.

Member Banks/LDMs are requested to take note of the above instruction of the department and take steps for settlement of pending cases under SARFAESI Act.

Item NO. 39

Yearly Calendar of holding SLBC meetings

In order to streamline & strengthen the system of holding SLBC meetings, RBI in terms of their letter no. RPCD.CO.LBS. BC.NO.44/ 02.19.10/201-11 dated 29.12.2010 addressed to CMDs of all SLBC Convener Banks have been given broad


guidelines for convening the above meetings, in terms whereof Convener Bank has prepared a yearly calendar of SLBC meetings.

We propose following dates for holding SLBC meetings for the State of Punjab for the calendar year 2017 as under :-Sl. No Quarter for

which data is to be reviewed

Proposed date and day of holding SLBC Punjab meetings

140th SLBC March, 2017 *16th May 2017 (Tuesday)

141st SLBC June, 2017 10th August 2017 (Thursday)

142nd SLBC Sept., 2017 15th November 2017 (Wednesday)

143rd SLBC Dec., 2017 15th February 2018 (Thursday)

*May 13th & 14th are holidays

The House may approve the same.

The schedule of other activities relating to convening of SLBC meetings as conveyed by RBI is reiterated for the information of members as under:-

S.No

Activity To be completed by (Date)

1. Preparation of calendar of SLBC meetings and intimation to all concerned of the cut off dates of submission of data and dates of meetings as per dateline given below:-

15th of January every year


2. Reminder regarding the exact date of meeting and submission of data by banks to SLBC

15 days before the end of the quarter

3. Dead line for receipt of data by SLBC Convener Bank

15 days from the end of the quarter

4. Distribution of agenda cum background papers

20 days from the end of the quarter

5. Holding of SLBC Meeting Within 45 days from the end of the quarter

6. Forwarding the minutes of the meeting to all stakeholders

Within 10 days from the holding the meeting

7. Follow up of action points emerged from the meeting

To be completed within 30 days of forwarding the minutes for review in the next meeting

Banks and LDMs are requested to ensure submission of data duly checked as per above schedule.



Any other issue with the permission of the Chair


ITEMS FOR INFORMATION OF THE MEMBERS

Item No.40

Basic Banking Accounts and issuance of GCCs

The progress achieved by banks in opening of Basic Banking Accounts and issuance of GCCs up to Dec-2016 in Punjab State is as follows:-

(Amount ` in Lakh)

Basic Banking Accounts Opened

GCCs Outstanding

Number Amount Number Amount

11608473 738105 189622 320114(Bank wise progress under Basic Banking Accounts is as per Annexure 40) {Page 185}

(Bank wise progress under issuance of GCCs is as per Annexure 40 (i) {Page 186}

Observations

Banks during the quarter ended December 2016 have opened 738368 “Basic Banking Accounts” having balance of ` 115837 lakh.

Banks during the quarter ended December 2016, banks have issued 44022 GCCs amounting to ` 51240 Lakh.

In view of the importance of “Financial Inclusion” the Controlling Heads of banks are requested to issue instructions to the concerned quarters for bringing the underserved


section of the society to the bank’s fold by opening of “Basic Banking Accounts” and/or issuing of cards under GCC scheme. Item No 41 Providing Saving-cum-OD Account

Facility to other families living in Rural Areas having no Land

Department of Financial Services, Ministry of Finance, Govt. of India advised certain action points with regard to lending under Priority Sector and one of the action point was that each bank will work out a scheme if none exists, for giving Saving cum OD Account to other families which do not have any land and live in the Rural Area. This account should have an OD limit of ` 10,000/- against the personal guarantee of the villager and the villager should be able to use the bank account for Savings or meeting the requirements of consumption purposes on a need based basis and use the OD.

Controlling heads of all the banks to kindly take steps to implement the above facility as desired by the Ministry of Finance.

Item No.42 Dairy Entrepreneurship Development (DEDS) Scheme.

Dairy Entrepreneurship Development is a central sector scheme for generation of self employment opportunities in the dairy sector, it is covering activities like improvement in milk production, procurement, preservation, transportation, processing and marketing of milk. The performance under the scheme upto q.e. Dec.2016 is as under:-

(Amt. ` in Lacs)Targets under

DEDSFor 2016-17

Achievements up to Dec-2016

%achievement

Not allocated by Deptt

22317 N.A.

(Bank wise progress is as per Annexure 41) {Page 187}Agenda papers of 139th Meeting of SLBC-Punjab

This is for information of the house.Item No.43 Progress of Agro Food Processing

Industries.

The performance under the scheme upto q.e. Dec. 2016 is as under:-

(Amt. ` in Lacs)Advances made

during the quarter Dec.-2016

Cumulative figuresup to Dec.-2016

No. of A/cs

Amount No. of A/cs Amount

608 673.36 1916 1409.69 (Bank wise progress is as per Annexure 42) {Page 188}


Item No.44 Swarojgar Credit Card Scheme

The progress up to Dec-2016 under the Scheme is as under:-

(Amt. ` in Lac) Particulars Commerci

al BanksRRBs Coop.

BanksTotal

Annual Target (Nos.)

2500 1000 1500 5000

No. of SCCs Issued 217 1 269 487Amount Disbursed 278.30 0.25 109 387

(Bank-wise progress is as per Annexure-43) {Page 189}

The analysis of the data reveals that against the quarterly target of 5000 Swarojgar Credit Cards (SCCs), Banks up to Dec-2016 have issued 487 cards amounting to `387 lacs.


The house may review the progress please.Item No. 45

Kisan Credit Card (KCC) Scheme

The progress achieved by banks in implementing Kisan Credit Card scheme up to 31.12.2016 is given below:-

(Amt. ` in crores)Period Sanctioned Disbursed Outstanding

No. ofKCCs

Amount

No. ofKCCs

Amount

No. ofKCCs

Amount

Commercial Banks2006-07 127378 1922.72 126600 1991.76 125885 1968.402007-08 132795 2740.04 132217 2705.51 130283 2610.292008-09 165774 3717.19 165218 3601.61 164644 3536.682009-10 148942 3660.91 147827 3572.18 147453 3562.372010-11 208279 5286.39 196436 5162.14 168840 2477.682011-12 238586 8347.89 237801 8138.17 235003 7930.882012-13 284701 11276.01 284076 10819.7

4212615 8747.40

2013-14 333958 18662.62 333186 18489.25

293747 14203.93

2014-15 288364 20649.10 288250 19795.64

362032 18218.58

2015-16 2982709 102155.18

2905132

99420.22

1014405

104459.93

Since inceptionup to Dec-2016

3178155 113357.90

3155346

110441.16

1120976

54521.47

Cooperative Banks2006-07 33937 205.78 33937 205.78 33937 205.782007-08 35494 601.51 35494 601.51 35494 601.512008-09 18570 157.57 18111 139.62 18111 139.612009-10 16216 749.47 16216 749.47 16216 749.472010-11 22417 332.44 22415 282.78 14241 175.272011-12 8095 149.25 8077 148.87 8075 148.022012-13 17521 239.31 17521 239.31 17521 239.312013-14 15804 192.45 15804 192.45 15804 192.452014-15 13840 128.08 13840 128.08 13840 128.072015-16 998118 7813.96 998098 7763.92 948932 7217.86Since inceptionup to

1001722 7860.71 1001720

7810.62 931255 6573.36


Dec-2016Total since inception

4179897 121218.61

4157066

118251.78

2052231

61094.83

(Bank-wise progress up to Dec-16 is as per Annexure-44) {Page 190}

Highlights

From 1st April 2016 to 31st December 2016, the Commercial Banks have sanctioned 195446 Kisan Credit Cards amounting to `11202.71 crores and disbursement has been completed in 194680 cases to the extent of `10785.20 crores. In addition to this, during the same period, Cooperative Banks have sanctioned 3591 Kisan Credit Cards amounting to `26.43 crores.

Since inception of the scheme, Commercial and Cooperative Banks jointly have sanctioned kisan credit cards to 4179897 farmers amounting to ` 121218.61 crores in the State, out of which disbursement has been made to farmers to the tune of ` 118016 crores. On cumulative basis, there are 2052231 outstanding KCCs amounting to ` 61094.83 crores as at 31.12.2016.


Item No. 45(i)

KCC-ATM cum Debit Cards position.

The position of KCC outstanding and the number of ATM Debit Card issued to the KCC holders as on 31.12.2016 is as under:-

KCC outstanding as on Dec-2016

ATM-cum Debit card issued up to Dec -2016

No. Of KCC holders without ATM cards.


2052231 953961 1098270 (Bank wise position is as per Annexure-44(i) {Page 191}


Item No. 46

Golden Jubilee Rural housing Finance Scheme

The progress achieved under the scheme up to 31.12.2016 is given below:

(Amount ` in lac)During quarter ended

Dec -2016Cumulative up to

Dec -2016Sanctioned Disbursed Sanctione

dDisbursed

No. Amt. No. Amt.

No. Amt.

No. Amt.

1698 5736 1697 5254 6774 26456 6803 23889 (Bank-wise position is given as per Annexure 45) {Page 192}.

Observations:

During the quarter ended Dec.2016, under Golden Jubilee Rural Housing Scheme, banks have sanctioned loans to 1690 beneficiaries amounting to ` 5736 lac and disbursement has been completed in 1697cases to the tune of ` 5254 lac under the Scheme.

This is for information of the members.

Item No. 47 Implementation of Nayak Committee Recommendations


As per Reserve Bank of India guidelines for assessing working capital limits of village, tiny and other SSI units requiring fund based limits up to ` 5 crore, banks have to adopt procedure based on Nayak Committee guidelines, i.e. sanction of working capital limits @ 20% of the projected turnover.

The performance data of banks in implementing Nayak Committee recommendations during the quarter ended Dec -2016 is given below:-

(Amt. ` in crore)Sr. No.

Particulars Previous quarter ended

September-2016

Current quarter ended

Dec-2016

No. Amount

No. Amount

a) Loans sanctioned to SSI

14478

742.53 8319 604.79

b) Out of (a) above, loans sanctioned as per Nayak Committee Norms.

13903

713.90 8035 578.11

(Bank-wise performance is as per Annexure-46 {Page 193}

Highlights

During the quarter ended Dec.-2016, banks have sanctioned loans amounting to ` 604.79 crore to 8319 SSI units. Out of these, loans amounting to ` 578.11 crore have been sanctioned to 8035 SSI units as per Nayak Committee Norms. It reveals that while assessing the credit requirements of SSI units requiring funds up to ` 5 crore, Banks have applied norms based on Nayak Committee recommendations in 50% of cases. The feedback from Banks also indicates that in remaining cases the borrowers were not willing to avail the credit limits as per Nayak Committee Recommendations, due


to the turnover of current assets being high and/or higher level of creditors.


Item No. 48 Financing of Tenant Farmers/Oral Lessees and Share Croppers.

NABARD has informed that Andhra Pradesh State Govt. has recently promulgated an ordinance titled "Andhra Pradesh Land Licensed Cultivators Ordinance 2011” to facilitate financing of tenant farmers, oral lessees and share croppers by financial institutions. The ordinance envisages issuance of ‘Loan and Other Benefits Eligibility Cards’ to tenant farmers, oral lessees and share croppers to access credit from the Public Financial Institutions and to claim benefits of input subsidy, crop insurance compensation for damage to crop and for matters connected therewith or incidental thereto.

Such an initiative would lead to smoothening the process of access to the formal credit delivery system by tenant farmers/oral lessees/share croppers, etc. thereby helping the JLG programme to scale new heights.

Director, Agriculture Department Government of Punjab have informed that the case has been sent to Financial Commissioner (Revenue), Govt. of Punjab, for implementation of Act in the State.

The representative of Department of Agriculture/IF&B is requested to apprise the house latest position in the matter.


Item No. 49

National Handicapped Finance and Development Corporation (NHFDC)

Ministry of Social Justice & Empowerment, Government of India as informed that NHFDC functions as an apex Institution for promoting economic development activities and self - employment ventures for the benefit of persons with Disabilities (PwDs). The detailed information on schemes and programmes of NHFDC is available on website www.nhfdc.nic.in. NHFDC has recently tied-up with 3 Public Sector Banks (Bank of Baroda, Andhra Bank & IDBI Bank) and 24 Regional Rural Banks for flow of collateral free concessional credit (interest rate of 4-8% per annum) to PWDs for self employment under credit guarantee scheme of Government of India. These banks will also extend education loans to eligible students with disabilities for higher education in India or abroad at an interest rate of 3.50 – 4% per annum only. Other members banks are requested to sign similar agreement with NHFDC for flow of concessional credit to PWDs.

Controlling Heads of these Public Sector Banks are requested tosend the progress to the Convener Bank.

Item No. 50

Government Sponsored Subsidy Schemes under farm & non farm sector.

In order to create infrastructure and increase capital formation in agriculture and SSI, the Government of India has launched various schemes, wherein the Govt. of India also provides subsidy. NABARD is nodal agency for implementation of all such schemes. The progress up to 31.12.2016 made under different schemes conveyed by NABARD is placed below:-


http://www.nhfdc.nic.in/

(Amount ` in lakh)

S.No. Scheme Cases Financial Outlay

Bank Loan

Subsidy Sanctioned

1 Cold Storage

132 17102 10160 3152

2 Rural Godowns

1537 147209 107008 20331

3 ACABC 10 84 75 274 CLCSS 432 NA 16793 25155 AMI 2029 95719 67938 237126 Solar

Light & Solar Water Heater

53 32 15 12

7 Solar Water Pump Scheme

32 181 102 67

8 NPOF 137 1275 782 208Total 4362 261679 202873 50024

Cold Storage

Capital Investment Subsidy Scheme (CSISS) for construction /renovation / modernization of cold storages

Rural Godowns

CISS for Rural Godowns

ACABC Agri Clinic Agri Business CentersCLCSS Credit Linked capital Subsidy Scheme for

Technology Upgradation.AMI Agriculture Marketing Infrastructure NPOF CISS for Commercial Production Units of

Organic Inputs under National Project of Organic Farming.

This is for the information of the members.


Agenda papers of 139th Meeting of SLBC-Punjab SLBC & BANKS

COMMITTED TO

TOTAL FINANCIAL

INCLUSION IN THE STATE

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