x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   No untoward incident reported from areas where relaxation was given: Government | Army reschedules recruitment drive in Reasi Jammu | Dr. Manohar lambats local BJp for cheating nationalist people of Jammu | Home delivery of LPG in Srinagar, DC Srinagar reviews status | Around 200 schools in various zones of Srinagar to resume classwork on Monday | DC visits Poonch, takes stock of public issues | Power shutdown | DC Jammu reviews arrangements for Krishan Janmashtami, Shoba Yatra | Boost efforts to facilitate industry in state: Advisor K Skandan | Restrictions lifted from 35 police stations across valley: Govt | Soldier martyred in Pak firing along LoC in Rajouri | Restrictions lifted from 35 Police Stations across Valley: Govt | Supreme Court extends admission deadline for Jammu-Kashmir PM Scholarship students | Landline services in 17 exchanges of Kashmir restored | High alert in Punjab after heavy rain forecast, IMD issues warning for Himachal | China-Pakistan attempt to rake up Kashmir at UNSC falls flat | AK-47 rifle, bullets seized during raid on Bihar's Mokama MLA Anant Singh's residence | Impact of scrapping 370: Disintegration of Pakistan begins, Balochistan celebrates India's I-Day | Rape accused's gang warns senior PDP leaders against hoisting national flag at party office | Identity not tampered with, Governor Satya Pal Malik assures locals | Panchayat Dharap residents desire adequate civic amenities | Will distribute my salary among needy' | Shah Faesal shifted to makeshift detention centre at Centaur Hotel | Independence Day function at Srinagar was unique this year | SC to hear petitions against Article 370 | Ladakh a land of all religions: Ram Madhav urges people not to heed rumours | Indian Army guns down 3 Pak soldiers during ceasefire violation along LoC in Poonch | J&K celebrates "Incident-Free" Independence Day: Top Bureaucrat | Governor hosts Independence Day 'At Home' | Amarnath Yatra concludes with subdued ceremony | Article 370 degraded our culture, language: Ladakh MP Jamyang Namgyal | Geology and Mining deptt plans to auction already disappearing Ravi River | Back Issues  
 
news details
Role of banks pivotal to sustaining economic growth: Advisor Sharma
2/11/2019 11:35:39 PM
Early Times Report

JAMMU, Feb 11: Advisor to Governor, Kewal Kumar Sharma today said that role of banks is pivotal in promoting human development by way of providing avenues for economic development besides ensuring the creation of assets.
The Advisor was speaking at the inauguration of State credit seminar 2019-2020 organised by regional office of the National bank for Agricultural and Rural development Bank (NABARD) here today.
The seminar was attended by Principal Secretary Animal and Sheep Husbandry, Dr AsgarSamoon, Regional Director RBI, Chairman Jammu and Kashmir BankParvaizAhmad, Chief General Manger NABARD and other senior officers of NABARD, banks and officers of different departments.
The Advisor said that the banks provide necessary support to different aspiring entrepreneurs and the government with the necessary monetary and credit support to undertake varied activities both economical as well as developmental initiatives. He said that since the majority of the population of the state lives in the rural areas so that role of NABARD is very significant in economic activities as well the developmental works.
Enumerating the benefits of NABARD's support for creation of rural infrastructure the Advisor said these projects have significantly contributed to the socio-economic development in rural areas and have enabled the state government to fund major rural infrastructure projects, which otherwise could not have been taken up due to limited financial resources.
Referring to the initiatives undertaken by the government for completing the languishing projects of the state, the Advisor said that the banks should also contribute in providing the necessary budgetary support for these initiatives. He said that the banks should also come up with new ways and means to accelerate the economic activities of the state especially in the rural and far flung areas.
Regional Director RBI while speaking on the occasion highlighted the initiatives undertaken by the bank in economic sector.
Chairman JK Bank also spoke on the occasion and gave overall brief about the initiatives undertaken by the bank in accelerating the economic activities of the state besides extending several schemes to the aspiring entrepreneurs.
Later, the Advisor also met a deputation of Industries Federation of Jammu comprising the Presidents of Jammu, Samba and Kathua chapters.
The deputation raised several issues related to the industrial sector like toll tax, SRO 431 and release of pending payment with PDD.
The Advisor assured the deputation that all their issues would be looked into.
Director Industries and Commerce Jammu, Anu Malhotra and other senior officers were present on the occasion.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU