On the advice of the Government of India, NABARD introduced the concept of Development Action Plan for the S.T. Coop. Credit Structure with an overall view of bringing sustained viability to all the PACCS and DCCBs in the State. So far, Memorandum of Understanding had been entered into by the Government of Tamil Nadu and the Apex Bank with NABARD in 4 phases from 1994-95. The IV phase of Development Action Plan (DAP)-MoU was executed on 05.05.2008 by the Apex Bank and the Govt. of Tamil Nadu with NABARD covering a period of five years from 01.04.2007 to 31.03.2012 with certain revisions/ modifications, which are found essential for making the said exercise more institution-specific and participative. The Apex Bank subsequently executed MoUs with DCCBs and the DCCBs have in turn executed MoUs with their respective affiliated PACCS.
Upto III-Phase, the progress achieved at all the three tiers was being reviewed on half-yearly basis at the State Level Monitoring Committee Meetings convened by the Apex Bank. From the commencement of IV-Phase of DAP/MoU, the NABARD, R.O., Chennai has been reviewing the progress achieved at all the three tiers on quarterly basis by constituting State Level Task Force (SLTF). In addition, the growth achieved at DCCBs/ PACCS level was being monitored at District Level Monitoring and Review Committee Meetings (DLMRC) on quarterly basis.
NABARD, Chennai R.O. vide letter No. TN/29/IDD/Coop. 5A (xii)/2012-13 dated 17.04.2012 had advised the Apex Bank to prepare DAP for the year 2012-13 on the basis of financial particulars of the Bank as on 31.03.02012 and in the light of the instructions contained in their Master Circular on DAP- MoU. Accordingly, the Apex Bank advised the DCCBs to prepare DAP for the year 2012-13 and an MoU has been executed between the Apex Bank and DCCBs. Similarly, DAP for the Apex Bank has also been prepared for the year 2012-13.
Though NABARD is not insisting upon for DAP-MoU from 01.04.2012, the Apex Bank has continued the process of preparing the performance obligations of the Bank for five years from 2014-15 to 2018-19 as in the case of earlier years.
Further, the Apex Bank has advised the DCCBs to prepare Performance Obligations (With Quarterly break-up) and Key Action Points for the years from 2014-15 to 2018-19. All the DCCBs have prepared the same and submitted to the Apex Bank.
Based on the above performance obligations, the growth achieved at DCCBs/ PACCS level is being monitored at District Level Monitoring and Review Committee Meetings (DLMRC) on quarterly basis.
District Level Monitoring and Review Committees (DLMRC)
During the year 2013-14, 95 DLMRC Meetings had been convened at the DCCBs’ level to review the progress made by the DCCBs and PACCS. Based on the review, the DCCBs were advised to take appropriate steps to fulfill the objectives of the DAP wherever shortfall was noticed.
As against the DAP Target of Rs.9,000.00 Crore, the Deposit position of the Apex Bank increased from Rs.7,788.13 Crore as on 31.3.2013 to Rs.9,507.33 Crore as on 31.3.2014, registering a growth of 22.07%. The total deposit position of all the DCCBs increased from Rs.17,985.72 Crore as on 31.3.2013 to Rs.21,564.27 Crore as on 31.3.2014. At PACCS level, the deposit position increased from Rs.6,098.32 Crore as on 31.3.2013 to Rs.6,864.49 Crore as on 31.3.2014.
Loans and Advances
The Apex Bank had issued loans to the extent of Rs.10305.56 Crore as against the target of Rs.13000 Crore during the year 2013-14. The SCB along with the affiliates surpassed the target of Rs.4500 Crore set for issue of crop loans as fixed by the Registrar of Cooperative Societies for year 2013-14 by issuing crop loans to the extent of Rs.4716.16 Crore. The DCCBs had issued loans to the extent of Rs.39,561.42 Crore and the PACCS to the extent of Rs.18,750.81 Crore during the year 2013-14.
Viability position of PACCS
The Apex Bank reviews the viability position of PACCS every year and issues necessary guidelines to improve their viability position. The comparative viability position of the PACCS as on 31.3.1994, 31.03.2012, 31.3.2013 and as on 31.03.2014 is given below:
|No. of viable PACCS||
|No. of potentially viable PACCS||
|No. of unviable PACCS||