Executive Summary Leh Is One of the Two Districts Located in Ladakh Region, the Other Being the Kargil District to the West, In

PLP2016-17 leh District

Executive Summary

Leh is one of the two districts located in Ladakh region, the other being the Kargil District to the west, in the state of Jammu and Kashmir. With an area of 45,110 km2, it is the largest district in the country in terms of area. The district headquarter is based in Leh. Described as a 'high altitude cold desert', Leh is on a plateau at around 3500 meters above sea level and usually receives very little rainfall (around 100 mm/yr).

As on 31 March 2015, the district has total 37 number of branches of which 26 are rural and 11 are semi-urban. State Bank of India is the Lead Bank of the district. CD ratio of Leh district is 25.13 % . Financial Inclusion programme and Self Help Group movement for credit linkage of the poor is yet to make complete inroads into the district, particularly the remote areas due to poor institutional infrastructure and manpower for awareness, sensitization and social mobilization of the rural people.

Total flow of Ground Level Credit under priority sector was `.9427.66 lakh `.8648.05 lakh and `5079.31 lakh, during 2012-13, 2013-14 and 2014-15, respectively.

Total credit potential in the Potential Linked Credit Plan (PLP) of Leh district for 2016- 17 has been assessed at `21310.21 Lakh. Sector wise break-up of credit potential is indicated as : Agriculture- `10876.75 lakh, MSME- `2788.750 lakh, Export Credit- `20.00 lakh, Education-` 240.00 lakh, Housing – `300.00 lakh, Social Infrastructure - `260 lakh, Renewable Energy - Rs.98.500 lakh and others -Rs.6450.705 lakh.

Major constraints which affects the flow of GLC in various sectors are poor outreach of various development programmes, inadequate branch network, low spread of BCs, lack of experienced Self Help Group Promoting Institutions, lack of basic rural infrastructure, apathy of farmers/ rural people towards banks, absence of Crop Insurance services, lack of off-farm skills and facilities for rural industrial entrepreneurship, etc.

There is need to enhance coordination among different development agencies and banks, social mobilization and awareness creation about various government programmes, skill development drives, financial literacy etc. NABARD has initiated number of programmes like SHG-Bank linkage, financing through JLGs, Sector specific “Area Development Schemes”, farmers clubs, establishing of Farmers Producers Organizing (FPOs) which need to be implemented in association with banks, govt. department and NGOs.

Disclaimer: The GLC reported in PLP document does not cover Jewel Loans

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PLP2016-17 leh District

BROAD SECTOR WISE PLP PROJECTIONS - 2016-17

LEH DISTRICT (`. lakh)

Sl. PLP Projections Sector No. 2016-17

A Farm Credit

1 Crop production, Maintenance & Marketing 8150.75 1626.69 2 Term Loan for agriculture and allied activities

Sub Total 9777.44 B Agriculture Infrastructure 289.31 C Ancillary activities 810.00 I Credit Potential for Agriculture (A+B+C) 10876.75 II Micro, Small and Medium Enterprises 2788.75 III Export Credit 20.00 IV Education 240.00 V Housing 300.00 VI Renewable Energy 98.500 6726.20 VII Others

VIII Social Infrastructure involving bank credit 260.00 Total Priority Sector (I to VIII) 21310.21

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PLP2016-17 leh District

Summary of Sector/ Sub-sector-wise Estimates (2016-17) ` lakh Sl. No. Sector PLP Estimates 2016-17 I Credit Potential for Agriculture

A Farm Credit i Crop production, Maintenance & Marketing 8150.75 ii Water Resources 80.25 iii Farm Mechanization 133.20 iv Plantation and Horticulture 287.39 V Forestry and Wasteland Development 0 Vi Animal Husbandry - Dairy 551.88 Vii Animal Husbandry - Poultry 348.97 viii Animal Husbandry - Sheep, Goat, Piggery, etc 225.00 ix Fisheries 0.00 X Others - Bullock, Bullock cart, etc. 0.00 Sub Total 9777.44 B Agriculture Infrastructure

i Storage facilities 132.86 ii Land Development, Soil Conservation, Watershed Development 20.50 iii Others – Pack Animals 135.95 Sub Total 289.31 C Ancillary activities I Food and Agro processing 810.00 Ii Others 0 Sub Total 810.00 Total Agriculture 10876.75

II Micro, Small and Medium Enterprises

I MSME - Working capital 375.00 Ii MSME - Investment credit 2413.75 Total MSME 2788.75 III Export Credit 20.00 IV Education 240.00 V Housing 300.00 VI Renewable Energy 98.50

VII Others including Loans to SHGs/ JLGs, PMJDY 6726.205

VIII Social Infrastructure involving bank credit 260.00

Total Priority Sector 21310.21

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PLP2016-17 leh District

Leh District Map

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