Dhumal asks for expansion of phonebanking services in the hill state.



Shimla (Sept 22):  Himachal Pradesh Chief Minister Prem Kumar Dhumal said that bankers should expand their activities including mobile banking facilities  keeping in view the geography of the State so as to benefit the people . He was speaking to a high level delegation of UCO Bank yesterday which was headed by Shri Arun Kaul, Chairman-cum-Managing Director, (CMD) UCO Bank .

Chief Minister lauded the contribution of Banks in development of the State and advised them to be more liberal in providing financial assistance for self employment ventures in the State.He said that UCO Bank happened to be a leader in the State. He said that introduction of mobile banking services in Kasumpti and Junga area adjoining Shimla was a welcome step and required to be replicated in other areas as well so that the rural people could avail banking facilities at their door steps. He said that these services would be of immense help to the people of the State.

Prof. Dhumal emphasized the need for increase in Credit Deposit ratio and also promotion of  self employment projects. He said that Himachal was known as ‘Apple State of India’ and was poised to emerge as the ‘Fruit Bowl of India’ and food and processing units had great scope. He said that with value addition and by products, economy of the State would get strengthened besides generating employment and self employment avenues to the local educated unemployed youth.

Chief Minister said that banks should also come forward in exploitation of available hydel potential and provide liberal finances to the entrepreneurs who want to enter in that arena.

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