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RBI/2005-06/358
RPCD.PLNFS.BC.No. 74 /09.04.01/ 2005 –2006
April 13, 2006
The Chairman / Managing Director
All Indian Scheduled Commercial Banks
(Excluding RRBs)
Dear Sir,
Target under the Prime Minister
Rozgar Yojana (PMRY) for the year 2006-2007
We advise that Government of India
have allocated a target of 3,84,340 to States/UTs as per `Annexure
A', under PMRY for the year 2006 – 2007.
2. The targets have been
worked out on the basis of the final performance report for the year 2004-05
of states/UTs.
3. The list of States/UTs
where the recovery of loans is less than 30 percent as per RBI report for the
half year ending March, 2005 is given at `Annexure B'. The
targets for these states, have, therefore been kept at their actual performance
in 2004-05 only. In case there is substantial improvement in the recovery
based on the RBI reports for the half year ending September, 2006, suitable
enhancement of the targets for these states can be considered. Hence appropriate
action plans for improving recovery of loans may be formulated by each of these
states and the Ministry informed of the action taken in this regard.
4. The other terms and conditions
of the Yojana are as under:
i. The scheme will be implemented
in the rural as well as in the urban areas of the
country.
ii. All efforts should be made
to achieve the target (i.e., complete Disbursement
of loan and subsidy) by the end of March 2007.
iii. While processing fresh applications,
the DICs of your State/ UT may be requested
to take into account applications already pending with them so that
such persons are not required to apply afresh.
iv. The scheme envisages 22.5 %
reservation for SC/STs and 27 % reservation for Other Backward Classes (OBCs).
A fair and adequate share may be ensured for women and the minorities.
v. All efforts must be
made to improve loan recovery under the Scheme, both
by the Government Agencies ( DICs ) and the implementing banks.
(vi) Attention is drawn to
the revised Quarterly Schedule at`Annexure C' for sponsoring and sanctioning
of applications and disbursement of loans / subsidies during 2006 –2007.
This schedule may be implemented strictly so as to prevent bunching of
applications towards the end of the financial year. The number of sponsored
cases should be 125 percent of the assigned target.
vii. For 2005-06, the
cut off date of lapsing of sanction and completion of disbursement
has been extended upto 31.05.2006. This period shall not be extended
further. It may therefore be ensured that the quarterly schedules referred
to in para (vi) above is adhered to strictly and sanction of loans for the
programme year 2006-07 is completed by 31st December, 2006 (except for replacement
of rejected applications from banks) and loan disbursed in all cases positively
by 31st March 2007.
5. You may issue necessary
instructions to your Regional /Controlling Offices/ Branches for active participation
and achievement of allocated targets by 31.03.2007.
6. Please acknowledge receipt.
Yours faithfully,
(G.P.Borah)
Deputy General Manager
Annexure - A
Targets under the prime minister's
Rozgar Yojana (PMRY) for the year 2006-2007
|
Sr. No.
|
States/UTs
|
Target 2006-2007 (Nos.)
|
|
1.
|
Andhra Pradesh
|
43000
|
|
2.
|
Assam
|
10300
|
|
3.
|
Arunachal Pradesh
|
400
|
|
4.
|
Bihar
|
11400
|
|
5.
|
Delhi
|
5500
|
|
6.
|
Goa
|
500
|
|
7.
|
Gujarat
|
9900
|
|
8
|
Haryana
|
11000
|
|
9.
|
Himachal Pradesh
|
4700
|
|
10.
|
Jammu & Kashmir
|
3000
|
|
11.
|
Karnataka
|
24000
|
|
12.
|
Kerala
|
28000
|
|
13.
|
Madhya Pradesh
|
32000
|
|
14.
|
Maharashtra
|
38200
|
|
15.
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Manipur
|
400
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|
16.
|
Meghalaya
|
600
|
|
17.
|
Mizoram
|
1000
|
|
18.
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Nagaland
|
900
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|
19.
|
Orissa
|
15600
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20.
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Punjab
|
9200
|
|
21.
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Rajasthan
|
19200
|
|
22.
|
Tamil Nadu
|
27000
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|
23.
|
Tripura
|
3000
|
|
24.
|
Uttar Pradesh
|
53900
|
|
25.
|
West Bengal
|
4600
|
|
26.
|
Andaman & Nicobar
|
200
|
|
27.
|
Chandigarh
|
500
|
|
28.
|
Daman & Diu
|
50
|
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29.
|
Dadra & Nagar Haveli
|
50
|
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30.
|
Lakshadweep
|
50
|
|
31.
|
Pondicherry
|
750
|
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32.
|
Sikkim
|
40
|
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33.
|
Uttaranchal
|
8000
|
|
34.
|
Jharkhand
|
9000
|
|
35.
|
Chattisgarh
|
8400
|
| |
Total
|
384340
|
Annexure B
Recovery of Loan Overdues under PMRY for
the half year ended March, 2005.
|
Sr. No.
|
States/UTs
|
Recovery against Demand ( percent)
|
|
1.
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Sikkim
|
25.98
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2.
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Nagaland
|
24.51
|
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3.
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Bihar
|
23.11
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4.
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West Bengal
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21.87
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5.
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Meghalaya
|
20.90
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6.
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Arunachal Pradesh
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19.92
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7.
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Assam
|
15.15
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8
|
Orissa
|
12.78
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9.
|
Manipur
|
8.18
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Annexure C
|
Quarter
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Sponsoring
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Sanction
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Disbursement
|
|
1st
|
50%
|
25%
|
10%
|
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2nd
|
100%
|
50%
|
25%
|
|
3rd
|
125%
|
90%
|
75%
|
|
4th
|
--
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100%
|
100%
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|