Banks asked to give priority to govt development projects
Mail News Service
Jamshedpur, Oct 15: The Deputy Commissioner of East Singhbhum, Ravi Shankar Shukla while chairing a meeting of bankers today directed them to give top priority to central and state government development schemes and to complete NPCI mapping within October 25 to facilitate payments to beneficiaries without existing hiccups.
The meeting was called for direct interaction with branch managers of all banks. A detailed discussion was held on the causes leading to roadblocks being faced by banks in the financial implementation of various government schemes. The DC urged all bank managers to cooperate in the implementation of development schemes launched for the various segments of people. There was special stress on payment of scholarships to students, pension and sanctioned financial assistance to beneficiaries. These amounts are to be credited to the relevant bank accounts through DBT and PFMS systems. But banks’ branches have been reported for not taking initiatives in this regard as a result of which beneficiaries are deprived of funds and assistance allocated through the government schemes for them. A case in point that was brought to notice of bankers by the district administration was that presently 1,09,000 students have yet to receive their scholarship amounts as per block wise lists prepared but the absence of NPCI mapping in banks the payments have been held up and students are being deprived of their legitimate financial support.
Those present in today’s meeting were Welfare Officer, LDM, BEEO, bank managers and officials.