Hyderabad, March 31: Although Reserve Bank of India has given direction to all the banks that minorities should be provided 15 percent of the loans provided by the banks yet during current financial year despite of reaching nearly 80 percent of the target of providing loans in other fields bank officials expressed concern over lagging behind the target. But when it comes to reaching the target of providing loans to minorities it is not a matter of concern if the target is not reached even by 3 pc.
Who is to be blame if the minority welfare minister himself is unconcerned about the matter? Whoever would be the minority welfare minister he never had any interest regarding provision of bank loans to minorities taking advantage of that bank officials transfer the amount allocated for minorities to other departments.
As per the guidelines of RBI and prime ministers 15 point programme, minorities should be provided 15 percent of the bank loans, and the current year credit plan is 65763 crore rupees which means till the end of the current year minorities should have been provided with 9864.45 crore rupees of loan. But no one knows whether the minorities are actually provided with the loans or not.
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