156th SLBC Karnataka Meeting Scheduled On March 02, 2022

156th SLBC meeting held under chairmanship of Sri P Ravi Kumar, Honorable Chief Secretary, Govt. of Karnataka through video conference where Canara Bank Executive Director Sri. Brij Mohan Sharma, Smt. Vandita Sharma, Addl. Chief Secretary & Development Commissioner, GoK, Sri R Gurumurthy, Regional Director, Reserve Bank of India, Shri Niraj Kumar Verma, Chief General Manager, NABARD and State Controlling heads of banks and heads of line department of GoK have attended the meeting.

Sri Brij Mohan Sharma, Executive Director, Canara Bank during his key note address said that Government of India had initiated a number of schemes under Athmanirbhar Bharat Abhiyan namely ECGLS 1.0 to ECGLS 4.0, PMSvanidhi first and second tranche, PM Formalization of Micro Food Processing Enterprises (PMFME) with ODOP-One District One Product concept. Agricultural infrastructural Fund scheme which plans to cover 10,000 FPOs, Support for post-harvest storage, AIF, Animal Husbandry etc.  He urged upon the bankers to achieve the target allotted under AIF, PMSVANidhi, PMFME etc., which will contribute in big way in enhancing farmers’ income and meeting the needs of the most vulnerable sections of the society.

He also informed that in order to ensure maximum coverage of farmers engaged in Animal Husbandry and Fisheries activities under KCC, the Government had launched a special saturation drive in the form of weekly “District-level Camp” for a period of 3 months w.e.f 8th November 2021.  Though there was covid pandemic situation, majority of the banks have fared well and requested all Banks to continue this trend.

He also informed the house that Karnataka state ranked 4th under Mudra and PMFME sanctions & disbursements and 5th position in case of PMSVANidhi scheme. He requested for a better performance in implementing 2nd tranche of PMSVANidhi in our state.

He informed that FRUITS team, e-Governance, GoK in coordination with SLBC and NABARD has trained all the state nodal officers and bank master trainers and majority of the bankers have already on boarded to the FRUITS portal. Revenue department, GoK has issued GO for sub registrar offices for implementation of FRUITS portal and

GoK has made all SROs live for implementation of FRUITS Portal and with effect from 01.11.2021.

Total Priority Sector Advances (PSA) target for FY 2021-22 is 2,92,392 crores and achievement during December quarter 2021 is 148958 crores (50.94%). Out of total PSA, Agriculture Achievement is 80176 crores (63.64%) and MSE/MSMSE is 56279 crores (50.33%).