Latest news with #JalajSharma
Time of India
11 hours ago
- Business
- Time of India
Collector calls for implementation of annual credit plan of Rs 52,600cr for 2025-26 by Jan-end
Nashik: District collector Jalaj Sharma on Tuesday called for expedited implementation of Rs 52,603-crore credit plan for 2025-26 financial year, aiming for its completion before Jan-end next year, amid concerns raised by bankers regarding the increasing number of non-performing assets (NPAs) related to crop loans. The annual credit plan is a yearly financial roadmap that outlines credit distribution for different sectors in a district. It is implemented and monitored by the district administration, in collaboration with nationalised, private and cooperative banks, to support economic development and growth. The administration on Monday announced a Rs 52,603-crore annual credit plan for 2025-26, representing a Rs 9,642 crore increase from the previous year's plan, which had a 109% achievement rate. In the current plan, the administration has reserved Rs 4,500 crore for crop loans, Rs 10,603 crore for the overall agriculture sector and Rs 17,200 crore for micro, small and medium enterprises. You Can Also Check: Nashik AQI | Weather in Nashik | Bank Holidays in Nashik | Public Holidays in Nashik Collector Sharma said, "The district annual credit plan has been prepared keeping in mind its credit potential and told the bankers have been told to disburse the specified amount to various sectors as per the plan, following decisions made by the administration and representatives from the Reserve Bank of India, lead bank (Bank of Maharashtra), public and private sector banks, govt departments and people's representatives. The bankers have been directed to achieve their targets by Jan-end next year." The annual credit plan for FY 2024-25 was Rs 42,961 crore and the banks disbursed credit of Rs 47,115 crore. Last year's crop loan disbursement was Rs 3,718.43 crore. According to a senior official, non-collateral loan limits have been raised from Rs 1.6 lakh to Rs 2 lakh. Additionally, Centre has announced an increase in crop loan limits from Rs 3 lakh to Rs 5 lakh (pending notification) and bankers have been instructed to follow these norms to benefit farmers, the official said. The bankers, both public and private, have expressed concern over the disbursement of crop loans, especially the unsecured ones, given that 25% of the loan amount has entered the NPA bracket. "The RBI guidelines on NPA are very strict. There is a rising number of NPAs from the farm sector. The bankers feel they are caught between two grinding wheels. On one hand, there are limitations to the banks in the conduct of loan recovery, and on the other, RBI norms are very strict. It is a difficult situation," the official said.
Time of India
07-05-2025
- Politics
- Time of India
Civil defence and fire brigade personnel demonstrate swift response during 30-minute mock drill in Nashik
1 2 3 4 5 6 Nashik: The Nashik district administration on Wednesday conducted a mock drill under ' Mission Abhyas ' of Union govt to test preparedness for air the mock drill, a siren was sounded at KTHM College along Gangapur road at 4.30pm, followed by simulated bomb blasts and emergency response efforts. Over 250 personnel from various departments participated in the 30-minute exercise, which aimed to enhance coordination and emergency response skills under the directions of Union said as the mock drill progressed, two ambulances arrived at the scene in a matter of few minutes, immediately followed by the fire brigade and the home guards. Before the mock casualties were attended to, the fire brigade personnel took up the work of firefighting. The home guards, accompanied by the NCC cadets and volunteers of Nashik Climbers and Rescuers, shifted the victims with the available instruments with them, leading to the culmination of the mock Jalaj Sharma said while he was satisfied with the overall response time of the departments that participated in the mock drill, establishing a perimeter for crowd control could be improved upon in such future exercises. "Many more such exercises will be conducted in the coming days with different scenarios like chemical or biological attacks. Our aim will be to improve our response time and spread awareness among citizens in the coming time," Sharma was among the sensitive places spread all across the country, where the mock drills were conducted, as a part of a nationwide exercise ordered by the ministry of home affairs. The mock drills were categorised into three groups based on the city's sensitivity and strategic importance. The highly sensitive areas included cities like Mumbai (including Uran and JNPT port) and Tarapur (with its nuclear facility). Among major cities, the mock drills were held in Nashik, Pune, Thane, Sinnar, Thal Vaishet and Pimpri Chinchwad. Other cities included Chhatrapati Sambhajinagar, Bhusawal, Raigad, Ratnagiri and Sindhudurg.A blackout exercise would be carried out in Nashik as and when the district administration got instructions about it, the collector added.
Time of India
04-05-2025
- Politics
- Time of India
Nashik collector to review Jal Jeevan Mission schemes
Nashik: The collector has decided to visit the ailing schemes under the Jal Jeevan Mission across the district and find solutions for the same. "There are several complaints about the schemes that have reached the district collectorate. District collector, Jalaj Sharma , has decided to conduct their review with visits to the sites where the schemes have been pending," said a senior officer from the district administration. In Nashik district , 1,222 schemes have been taken up under the Jal Jeevan Mission at of Rs 1,410 crore, of which only 240 were fully completed. The rest are either in progress or waiting for power connections from the MSEDCL. While Prime Minister Narendra Modi started the 'Har Ghar Jal' scheme, which aims to strengthen the water source and later draws a pipeline to every village in rural areas, the rate of completion of the scheme has been low. Citizens of 982 villages in Nashik district still have to trek for water. Women also have to walk several kilometres in the sun or climb down and up the hills to get a pitcher of water. Considering the complaints reaching the administration, Sharma has decided to visit the sites, conduct a review meeting, and then expedite the process by taking up solutions for the same. The state's food and drug minister from NCP, Narhari Zirwal, expressed his displeasure over the work of this Jal Jeevan Mission and said that this scheme failed. The water resources department minister from BJP, Girish Mahajan, during his address on May 1, said that the work in the schemes is either slow or hit some roadblock. "While the local administration will look into it, govt would consider taking action if there were specific complaints about corrupt practices. Those involved in the practices were found to be guilty," said Mahajan.
