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Credit Mobilisation target under Swarnjayanti Gram Swarozgar Yojana (SGSY) during the year 2004-05

RBI/2004/100

RPCD.SP.BC.No. 70 /09.01.01/2003-04

March 16th 2004

The Chairman /Managing Director

All Indian Scheduled Commercial Banks

(Excluding RRBs)

Dear Sir,

Credit Mobilisation target under Swarnjayanti Gram Swarozgar Yojana (SGSY) during the year 2004-05

Government of India have finalised the credit mobilisation target for the year 2004-05 under SGSY. The State /UT wise credit mobilisation targets for the year 2004-05 are enclosed. The credit mobilisation as fixed would be indicative in nature. However, if needed, the States/UTs in consultation with their respective State Level Banker’s Committee/DCC may enhance the targets, as may deem necessary.

2. We advise that the State wise targets indicated may be allocated among the commercial banks, Co-operative banks and RRBs by SLBCs. The SLBCs should finalise the targets of individual banks on the basis of acceptable parameters like resources, number of rural / semi urban branches etc. so that each bank will be in a position to arrive at its corporate target. We will be monitoring the achievement of the credit targets by the banks.

3. You may put in all efforts to achieve the credit targets, minimum subsidy credit ratio fixed and maintain per family investment of Rs. 25000/-.

4. The Lead Banks may review the performance of credit mobilisation at regular intervals in each State/UT through the respective SLBC/DCC.

5. Please issue suitable instructions to your controlling offices and branches under advice to us.

 

Yours faithfully,

Sd/-

(G.Srinivasan)

Chief General Manager

Encl.1

 

Tentative Credit Mobilisation Targets under SGSY during 2004-2005

                                                                                 (Rs. in lakhs)

Sl. No.

States/U.T.

Credit Target for 2004-05 (Tentative)

1.

2.

3.

1.

Andhra Pradesh

14848.491

2.

Arunachal Pradesh

664.60

3.

Assam

17268.44

4.

Bihar

30280.23

5.

Chattisgarh

6722.14

6.

Goa

140.80

7.

Gujarat

4790.75

8.

Haryana

3537.27

9.

Himachal Pradesh

2244.90

10.

Jammu & Kashmir

3113.25

11.

Jharkhand

11412.77

12.

Karnataka

9610.85

13.

Kerala

4312.35

14.

Madhya Pradesh

16812.831

15.

Maharashtra

18998.35

16.

Manipur

1157.63

17.

Meghalaya

1296.99

18.

Mizoram

300.11

19.

Nagaland

889.74

20.

Orissa

14557.32

21.

Punjab

1598.037

22.

Rajasthan

8514.219

23.

Sikkim

332.28

24.

Tamil Nadu

11253.71

25.

Tripura

2438.562

26.

Uttar Pradesh

43592.63

27.

Uttaranchal

3436.29

28.

West Bengal

16177.55

29.

A & N Islands

90.08

30.

D & N Haveli

90.00

31.

Daman & Diu

90.00

32.

Lakshadweep

90.34

33.

Pondicherry

103.48

 

Total

250767.008


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