“Achieve 100% Crop Loan Target by March,” instructed District Collector Kishan Jawale, while unveiling the District Annual Credit Plan Booklet valued at ₹61,125 crore.
In the financial year ending March 2025, banks in Raigad district surpassed the annual priority sector lending target of ₹8,800 crore by disbursing ₹9,342 crore, achieving 106% of the goal. Collector Jawale lauded the banks for their commendable performance, attributing the success to the effective coordination between banks and government departments. He urged that such synergy and cooperation should continue in the current financial year as well.
The Kisan Credit Card (KCC) target of ₹625 crore must be achieved at 100% by all public, private, and district central banks, he said. “Give priority to KCCs under fisheries and dairy sectors as well. Ensure seamless and timely services to citizens through inter-agency coordination,” he added. He also directed timely resolution of loan proposals under government schemes.
The instructions came during the District Level Consultative and Review Committee meeting, chaired by the Collector at the Revenue Hall of the District Collectorate.
Present at the meeting were:
- Neha Bhosale, CEO, Raigad Zilla Parishad
- Priyadarshini More, Project Officer, District Development Agency
- Deepanwita Sahani, Zonal Head, Bank of India (Raigad Division)
- Vishal Gondkhe, Manager, Financial Inclusion & Development Dept., RBI
- Pradeep Apsunde, District Manager, NABARD
- Pramod Jagtap, District Registrar
- Dr. Sachin Deshpande, Deputy Commissioner, Animal Husbandry
- G.S. Haralya, GM, District Industries Centre
- District Coordinators from MAVIM, Khadi Board, and Lead District Bank Manager Vijaykumar Kulkarni, among others.
Jawale emphasized that banks must resolve all government loan cases under various schemes promptly and complete disbursement targets by December. “More citizens must benefit from government and corporation-backed loan schemes. Planning should align both the Annual Credit Plan and government targets through coordination,” he stressed.
He further pointed out that agriculture and allied sectors, MSMEs, and primary and secondary sectors must meet their disbursal goals. Citing the PM Food Processing Scheme, he encouraged the Agriculture Department to generate more beneficiary applications, noting the significant benefits available.
Banks must also promote financial literacy while providing banking services, said Jawale. Alongside loan camps, financial education initiatives should be held. “Citizens should avoid high-interest private lenders and choose government banks. The RBI must also launch awareness campaigns on counterfeit currency detection and coin circulation,” he stated.
Achievements Recognized
Banks were congratulated for achieving 100% targets under the Prime Minister’s Employment Generation Programme (PMEGP) and the Chief Minister’s Employment Scheme. A detailed review was conducted of schemes like:
- Annasaheb Patil Economic Development Corporation
- Pradhan Mantri Mudra Yojana
- Self-Help Group Lending
- PM SVANidhi
- Stand-Up India
- Vishwakarma Yojana
- Agriculture Infrastructure Fund, among others.
However, the negligible contribution of private banks was noted with concern. The Collector issued a stern warning to them and instructed the Lead District Manager to review their progress weekly and submit reports. He also directed that priority in loan sanctioning must align with RBI guidelines, giving precedence to economically weaker sections.
According to Vijay Kulkarni, Lead District Manager from Bank of India, for FY 2025:
- Against the target of ₹1,750 crore for the agriculture sector, ₹2,065 crore was disbursed (118%)
- For the MSME sector, ₹5,347 crore was lent against a ₹5,100 crore target (105%)
- For crop loans, against a target of ₹450 crore, ₹400 crore was achieved (89%)
Under the Mudra Scheme, ₹734 crore was disbursed in the district.
Representatives from agriculture, DRDA, corporations, RSETIs, and district bank coordinators presented performance reports up to March 2025
