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A recent report by the State Level Bankers Commission (SLBC), the apex body of bankers in the state, says that at least three programs sponsored by the government of Gujarat failed to meet the targets set for the 2022-23 financial year.
The poorest bid was by the Gujarat Scheduled Castes Development Corporation (GSCDC), while programs such as the Dattopant Thengadi Artisan Interest Scheme (DTAISY) — a scheme named after RSS pracharak and mentor of Prime Minister Narendra Modi — and the Caste Welfare Department Development (DCWD) failed. to grow during the year, according to the report, which was published last week.
Achievement of the target – for cases sanctioned by banks – was only 3.16 percent for the year ending March 2023 for GSCDC, which provides financial assistance to SC beneficiaries living below the poverty line (BPL).
“Only 871 applications were taken care of against the target of 5,000 for 2022-23. Of these, only 158 applications have been approved, while 403 have been rejected by banks. Member banks are requested to prioritize the disposal of 310 outstanding loan applications as soon as possible, as That the financing of loan applications sponsored by the GSCDC forms part of the advances of the weaker section.”
SLBC also did not find DTAISY’s performance to be up to par. The scheme introduced by then Chief Minister Anandibin Patel in 2014 to provide working capital at low interest rates to workers had banks sanctioning only 515 out of 2,577 applications during the whole year. A total of 938 applications were rejected and 1,124 remained pending.
Beneficiaries under this scheme include Scheduled Castes, Scheduled Tribes, Women, Visually Impaired or Handicapped with a Handicap of more than 40 Percent, Urban and Rural Residents Registered as Indext-C Craftsmen of the State Cottage and Rural Industries Department. Compared to the 2,577 applications received during the year, only 515 were penalized, while 938 were denied under the DTAISY scheme.
SLBC meeting minutes also highlight the performance of these schemes. The report noted the “low achievement” of schemes run by GSCDC and DCWD, and stated that “the state government was urged to get more qualitative applications under the programme,” while “member banks were asked to improve performance under all government-sponsored schemes.” Schemes aimed at the economic upliftment of the weaker section of society.”
Under the Developing Community Welfare Department (DCWD), out of 2,114 applications, only 387 were sanctioned, while 187 were denied and 1,540 remained pending. “Banks are required to dispose of 1,540 outstanding applications on the basis of merit as soon as possible,” the report stated.
The target achieved under Vajpayee Bankable Yojana (VBY) – financial assistance provided to self-employed artisans in urban and rural areas – fell to 84.18 per cent from 89.56 in the previous year.
SLBC also asked banks to expedite the submission of 40,692 pending applications under the scheme.
In contrast, other schemes such as Jyoti Gram Vikas Yojana reported achieving 107 per cent of the annual target.
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