From: Yatish Kumar <yatish_dce@yahoo.com>
To: indian_sc_union@yahoogroups.com
Sent: Sun, 29 August, 2010 10:56:36 AM
Subject: Re: [indian_sc_union] Loans to SCs & STs
From: P.Esakkimuthu <p.esakkimuthu@yahoo.co.in>
To: indian_sc_union@yahoogroups.com
Sent: Sat, August 28, 2010 8:09:00 PM
Subject: [indian_sc_union] Loans to SCs & STs
Loans to SCs & STs
Banks extend loans to Scheduled Castes (SCs)/ Scheduled Tribes (STs) under
Priority Sector Lending (PSL). SCs/ STs from a sub-category under Weaker
Section of PSL. Further, under Government Sponsored Schemes, the reservation
for SCs/ STs is as follows:
(i) Swarna Jayanti Gram Swarozgar Yojana (SGSY) - 50%
(ii) Swarna Jayanti Shahari Rozgar Yojana (SJSRY) - to the
extent of their proportion in the
population.
(iii) Differential Rate of Interest (DRI) Scheme - 40%
As per data furnished by Reserve Bank of India (RBI), total loans
outstanding under PSL and to SCs/ STs as on last reporting Friday of March,
2007, 2008 and 2009 (latest available) are as under:
(Amount in Rs. crore)
As on the last reporting Friday of March
Total Priority Sector
Loans to SCs/ STsBeneficiaries
2007 7,03,756 26,520
2008 8,24,773 34,376
2009 9,67,414 40,812
Source: RBI
The measures taken by RBI to strengthen credit flow to SCs/ STs,
inter-alia, include the following:
· With a view to minimize rate of rejection of loan applications, banks
have been advised to indicate reasons for rejection of application on the form
itself;
· Banks have been advised that the rejection of loan applications should
be done at higher level instead of the branch level;
· Banks have been advised to provide necessary institutional support to
the National SC/ ST Finance and Development Corporation to enable the
institution to achieve the desired objective; and
· The banks also participate in special schemes of SC/ ST Corporation
for development of SC/ ST which are piloted at State level through special
component plans.
This information was given by the Minister of State for Finance, Shri Namo
Narain Meenain a written reply to an Unstarred Question raised in Lok Sabha
today.
REFER FOLLOWING LINK FOR MORE CLARITY OF FIGURES CITED ABOVE
http://www.lawyersclubindia.com/news/Loans-to-SCs-and-STs-11531.asp
COURTESY:lAWYERRS CLUB OF INDIA
INFORMATION OVERLOAD?
Get all ZESTCaste mails sent out in a span of 24 hours in a single mail. Subscribe to the daily digest version by sending a blank mail to ZESTMedia-digest@yahoogroups.com, OR, if you have a Yahoo! Id, change your settings at http://groups.yahoo.com/group/ZESTMedia/join/
PARTICIPATE:-
On this list you can share caste news, discuss caste issues and network with like-minded anti-caste people from across India and the world. Just write to zestcaste@yahoogroups.com
TELL FRIENDS TO SIGN UP:-
If you got this mail as a forward, subscribe to ZESTCaste by sending a blank mail to ZESTCaste-subscribe@yahoogroups.com OR, if you have a Yahoo! ID, by visiting http://groups.yahoo.com/group/ZESTCaste/join/
Also have a look at our sister list, ZESTMedia: http://groups.yahoo.com/group/ZESTMedia/
No comments:
Post a Comment