Yogesh K Porwar
Gadag:Banks must take appropriate action and provide proper guidance in disbursing loans to various entrepreneurs, including small-scale industries.
If adequate loans are provided to the industrial sector,it will foster the development of industries in the district and create more employment opportunities for youth, said former Chief Minister and Member of Parliament Basavaraj Bommai.
He was speaking while presiding over the Lead Bank’s (DCC and DLRC) Advisory Committee and Progress Review Meeting held on Thursday at the District Panchayat auditorium in Gadag.
The MP said that banks play a crucial role in the economic and social development of the district.If banks carry out their responsibilities in a citizen-friendly manner,it will significantly contribute to the district’s rapid progress.
In case there are any issues in the loan disbursement process to entrepreneurs,including small-scale industries,they must be addressed through proper discussions with the district administration and relevant departments.
The former CM said if the financial benefits of various public welfare schemes launched by the government are provided within the stipulated timeframe through banks, it will greatly benefit the intended recipients.There is a need for proper guidance and support from banks for the poor and the farmers.
Gadag being an agriculture-dominant district, farmers should not face undue delays in receiving loans.The district has good potential for food processing units,and hence,meetings should be held with relevant departments to ensure effective implementation of such schemes,Bommai said.
He further stressed that if the benefits of various government schemes are being credited to the beneficiaries’accounts through DBT (Direct Benefit Transfer), such funds should not,under any circumstances,be adjusted against any loan amounts by banks.
When applicants approach banks seeking financial assistance under different schemes,their applications should not be rejected without valid reasons.
Instead, they should be properly guided,and their applications accepted,so that bank officers can contribute meaningfully to the economic progress of the district,he said.
The MP also stated that if banks work with genuine interest,they will be able to effectively deliver benefits of schemes to the beneficiaries.
MP Basavaraj Bommai urged banks to give higher priority to loan disbursal in the agricultural sector, and also to MSMEs (Micro, Small,and Medium Enterprises).
Chief Executive Officer of the District Panchayat,Bharat S,said that if banks face any issues while disbursing loans under various schemes,they must bring it to the attention of the district administration and concerned department officials.
Lead Bank Manager Santosh M.V.said that 182 branches of the Lead Bank are operating in the district.As of June 2025,the Credit-Deposit (CD) ratio in the district stood at 98.16%.All controlling officers of banks have been directed to improve the CD ratio of their branches.
Under the current Annual Credit Plan for the district, loans amounting to Rs.85,461.97 lakh have been disbursed to the agricultural sector up to 30-06-2025.
Taluk-wise loan distribution (in lakh rupees) is as follows: Gadag–Rs.31,186.12,Gajendragad-Rs.5,260.25, Laxmeshwar–₹5,005.72,Mundargi– ₹7,612.03,Naragund – ₹11,916.55,Ron– ₹16,473.70,and Shirahatti– ₹8,007.60.
A total of ₹1,28,065.08 lakh in loans has been disbursed to priority sectors including agriculture,MSMEs, education, housing, etc.
The taluk-wise distribution (in lakh rupees) is:Gadag– ₹58,450.64,Gajendragad–₹6,786.15,Laxmeshwar– ₹7,076.77,Mundargi–₹10,236.22,Naragund–₹16,310.93, Ron–₹19,382.60,and Shirahatti–₹9,821.77.
Under the Pradhan Mantri Mudra Yojana,38,696 applications have been approved under the Shishu category with loans totaling ₹8,142 lakh,33,748 applications under the Kishore category with ₹31,742.94 lakh in loans,and 1,796 applications under the Tarun category with ₹10,935.22 lakh in loans disbursed, informed Lead Bank Manager Santosh during the meeting.
The meeting also included a review of progress under various such as Udyogini, PMEGP (Prime Minister Employment Generation Programme),and PM SVANidhi.
On this occasion,the 2025–26 Annual Action Plan / District Credit Plan (ACP/DCP) booklet was officially released.
The meeting was attended by Deputy Commissioner N. Sridhar,SBI RB Officer and Regional Manager Nagasubba Reddy B.,RBI AGM (LDO) Suraj S.,NABARD AGM(DDM) Mayur Kamble,GP Urban Development Fund Project Director Basanagoudar Kottur,Joint Director of Agriculture Taramani G.H.,GP Planning Officer Chalagere,Women and Child Development Department Officer Radha Mannur,and several other officials from various departments and banks.
