District Ranked 46th in Uttar Pradesh; Emphasis on MSMEs and ODOP for Economic Growth
Etawah, June 11 — During the Bankers’ Committee meeting held at the Collectorate Auditorium on Tuesday, Etawah District Magistrate Shubhrant Kumar Shukla expressed serious concern over the district’s declining Credit-Deposit (CD) ratio. He issued strict instructions to banks to take immediate corrective measures.
According to the data shared, Etawah’s CD ratio stands at just 49.75%, significantly lower than the state average of 59.64%. The DM warned that without urgent improvement, this could severely hamper the district’s economic development. “Currently, Etawah ranks 46th in the state, which is an alarming position,” he said.
Banks Urged to Focus on MSMEs and Rural Outreach
The DM directed banks to increase lending under government schemes, especially in the MSME (Micro, Small & Medium Enterprises) and cultural sectors. He emphasized boosting crop loans and expanding banking facilities in rural areas. “Banks with a CD ratio below 60% must immediately formulate a strategic action plan to improve performance,” the DM stated.
Special Attention to ODOP and Youth Schemes
While reviewing the Mukhyamantri Yuva Udyami Yojana, the DM expressed dissatisfaction with the Central Bank of India’s Jaswantnagar branch over negligence. He made it clear that laxity in implementing flagship schemes would not be tolerated. He also directed banks to meet the 79 sanctioned targets under the Mukhyamantri Yuva Swarozgar Yojana within the stipulated timeline. Special focus was urged on the One District One Product (ODOP) scheme to promote local enterprise.
Clearance of Pending Cases and Branch-Level Reviews
The DM instructed officials to organize bank-wise review meetings, identifying both well-performing and underperforming branches. He also ordered an immediate resolution of all pending loan applications and scheme-related cases.
The meeting was attended by Chief Development Officer Ajay Kumar Gautam, Deputy Commissioner of Industries Sudhir Kumar, Lead District Manager (LDM), and representatives from various banks.
