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ORISSA STATE COOPERATIVE BANK LTD .

BHUBANESWAR – 751 001.

RECORD PERFORMANCE DURING 2001-02 AT AN ALL TIME HIGH

The Orissa State Cooperative Bank (OSCB ), the apex bank of Short Term Cooperative Credit structure in Orissa, has been catering to the credit requirement of the farmer members of Primary Agriculture Cooperative Societies of the State since its inception i.e. 2 nd April 1948. Starting its operation with meagre own funds of Rs.2.34 lakh, it has grown over time and now has a capital base of Rs.146.30 crores, deposits of Rs.875.00 crores and a working fund base of Rs.1675 crore. Besides, providing ultra modern banking facilities through 13 no. of retail outlets in the cities of Angul, Bhubaneswar, Berhampur, Cuttack, Paradeep and Sambalpur , it has assumed the role of leader of cooperative movement in the state and has been continuing its sincere endeavour to develop the economic condition of the farmer members with the objective of consolidating the agrarian economy of the state. The financial performance of the Bank during 2001-02 has touched on all time high. The growth parameters of the bank in various areas of its activities during the past 3 years is given below:

Financial results of 2001 – 2002:
(Rs. in Lakhs)

Sl.No.

Particulars

1999-00

2000-01

2001-02

Growth %

1

Share capital

2640.37

3101.05

3752.28

21

2

Reserve Fund

8934.90

8962.83

10877.91

21

3

Own Fund

11575.27

12063.88

14630.19

21

4

Deposits

56006.88

73126.59

87482.23

20

5

Borrowings

46124.26

44199.46

55299.05

25

6

Working Fund

120396.15

138661.52

167456.60

21

7

Loans outstanding

80053.06

83115.82

91093.76

10

8

Investment

28909.98

43178.54

59486.61

38

9

Per Branch business

22676.65

26040.40

29762.66

14

10

Existing staff strength

237

237

229

11

Per employee business

574.09

659.25

779.80

18

12

Net profit

525.73

649.24

900.00

23

13

Dividend

9

10

10% (Proposed)


Excellence recognised:

In recognition of the outstanding performance of the Bank in all growth parameters, the National Bank for Agriculture & Rural Development (NABARD) awarded the Bank with the best performance award which was handed over by the Hon'ble Union Minister of Finance, Shri Yashwant Sinha on July 12, 2001.

Highest Disbursement of crop loans in Khariff and Rabi during 2001-2002:

The main activity of the bank is to facilitate financing of crop loan. To simplify the procedure of disbursement of crop loan, the bank has, with effect from Rabi 1998, introduced Kisan Credit Card (KCC) in all the Primary Agricultural Coop. Societies of the State. This card has empowered the farmer members to access timely and adequate credit from the branches of DCCBs by issuing cheques. The bank has already issued 11,29,974 KCC to the farmers against the target fixed for issuing Rs.10.50 lakh cards by March 2002. The bank has chalked out a plan to facilitate issue of 15 lakh KCC during 2002-03. It is a matter of pride that Orissa stands fourth among the various States in terms of member of Kissan Credit Cards issued to the farmer members.

The Bank has continued to have its lion's share in dispensation of crop loans. During the year 2001-2002, the bank has disbursed crop loan amounting to Rs.313 crore in khariff and Rs.224 crore in Rabi aggregating to Rs.537 crore. 72% of the total crop loan financed in the State has come from the Short Term Cooperative Credit Structure. The disbursement is an all time high in respect of both Khariff and Rabi financing. During the year 2002-2003, the bank has a plan to disburse Rs.350 crore for khariff and Rs.300 crore in Rabi for financing Seasonal Agricultural Operations. There has been phenomenal increase in per capita disbursement of crop loan from Rs.1, 832/- in 1991-92 to Rs.7, 500/- in 2001-2002 .

Orissa is one of the Pioneer State in issue of KCC. 12,09,141 KCC have been issued to the farmer members by end of 31.08.2002 as against target of 13.95 lakh. The achievement is calculated at 86% to total target. During the period July to September 2001,Kissan Credit Cardholders' meets were organised at the society level to have direct interaction with the farmer members. Besides, a State Level Krushak Samabesh was organised during November 2001 wherein the KCC holders got the scope to interact with the Hon'ble Chief Minister and other senior functionaries of the Govt. This has helped the PACS and DCCBs to establish a sustainable relationship with the members besides resolving the problems in implementation of KCC scheme.

Creating conducive recovery climate through the Kalinga Kissan Gold Card Scheme (KKGC):

The bank has launched a unique and innovative scheme called “Kalinga Kissan Gold Card” to recognise and reward the good repayment habits of KCC holders of PACS/LAMPS/FSS and provide them a package of facilities. In order to be eligible under the scheme, a farmer should have been a member of the society at least for a period of 3 years and availed loans and not defaulted at least for a period of 2 years. The wide range of facilities available under the scheme are, 1% less interest in all types of loans, free accident insurance coverage of Rs.25,000/-, consumption loan up to Rs.3,000/-, membership of the Kalinga Kissan Gold Card club, participation in annual lottery carrying 3 prizes amounting to Rs.50,000/-, Rs.30,000/- and Rs.20,000/-, freedom to purchase fertilizers and pesticides from any outlet of their choice and availability of schematic loan on a priority basis. So far, the bank has facilitated issue of 28263 cards in the State.

The Kalinga Kissan Gold Card is the first of its kind and unique in the entire country. This has elicited tremendous response from a cross section of the society and helped in creating a conducive recovery climate in the State. Within one year of its implementation, the scheme has started yielding desired results by improving the recovery position from 56% in 2001 to 66% in 2002.

The First State Cooperative Bank in the country in the sphere of Automation and Computerisation:

OSCB is the First State Cooperative Bank in the country to automate its entire operation to provide instant and effective customer service. The bank has also installed 7 ATMs in Cuttack, Bhubaneswar, Berhampur, Sambalpur and Angul to provide anytime banking. Connectivity of all the retail outlets and the ATMs is on the anvil to provide anywhere banking service.

The premises of all the branches and the facilities available are comparable to any ultra-modern branch of private sector/nationalised banks.

Besides, the Bank has developed a software by engaging CMC, Calcutta for Total Bank Automation (TBA) in affiliated District Central Cooperative Banks. The software entitled ‘Samabaya' has been successfully implemented in Banki CCB on a pilot basis. At present, the same software is under implementation in Angul, Balasore, Berhampur, Cuttack, Keonjhar and Sambalpur DCCBs in the first phase. It is expected that the Head office and Main Branch of all the District Central Cooperative Banks will be fully computerised by 31.3.2003 .

In order to provide flexible banking hours to the general public, the bank has extended its banking service up to 8.30 P.M. in Saheed Nagar and Cuttack Branches and Markfed Extension Counter. Besides, 7-day banking has been introduced in Chandrasekharpur Branch and DAV Extension counter.

Profitable deployment of surplus funds:

The Bank is the Third State Cooperative Bank in the country to have established a Treasury Management Cell (TMC) during May 2001 with the objective of deployment of its surplus resources in profitable avenues and trading in Government and other securities in the money market. The bank has installed Reuters Business Watch facility to get online data from the securities market.

The TMC is managing a portfolio of Rs.595 crore, which is subject to variation on a day- to- day basis. The portfolio includes SLR investment of Rs.262 crore and non-SLR investment of Rs.333 crores. The TMC has made a trading profit of Rs.9.50 crore during the year 2001-02. In the era of financial liberalisation and consequent fall in interest rates, the G-Sec market holds the key for profitability in the banks. The OSCB aims at increasing investment in this portfolio to deploy all its surplus resources in profitable avenues. During this year, the bank also plans to take over the responsibility of managing the surplus resources of the affiliated DCCBs by the Treasury Management Cell.

New Business Centres :

The bank has opened two new business centres at Berhampur and Angul during the last year. From day one, fully computerised service and ATM facility have been made available in the ultra-modern, fully air-conditioned premises of the branches. The bank has also got licence from Reserve Bank of India for opening two more branches at Rourkela and Puri, which will be taken up during this year. Besides, Reserve Bank of India has been moved to provide licence for upgrading the extension counters at DAV Public School, Chandrasekharpur and Markfed, Kalpana Area.

Action Plan for 2002-2003

1) Deposits to grow from Rs.875 crores to Rs.1,000 crores

2) Aggregate loans and advances to increase from Rs.911 crores to Rs.1050 Crores.
Crop loans of Rs.350 Crores in Kharif and Rs.300 crores in Rabi aggregating to Rs.650 crores will be disbursed.Investment to grow from Rs.595 crores to Rs.700 crores .

3) Working Fund to increase from Rs.1675 crores to Rs.1900 crores.

4) The Bank will provide anywhere and any time banking by connecting all its retail outlets and ATMs.

5) Two new branches to be opened at Rourkela and Puri with ATM facilities .

6) All the District Central Coop. Banks will be taken up for computerisation.

7) Subsidy of Rs.50 lakhs will be provided for the Kalinga Kisan Gold Card Scheme.

8) The Kalinga Kisan Credit Card Scheme will be made more attractive and given wider publicity.

9) Recovery at PACS level will increase from 60% to 75%.

10) Developmental and infrastructure assistance aggregating to Rs.300 lakhs will be provided to the DCCBs.

Development initiatives:

As the leader of the short-term cooperative credit structure, the bank has taken a number of steps to consolidate the affiliated DCCBs and the PACS to cope with the emerging challenges.

i) Computerisation of DCCBs :

The bank has developed a software by engaging CMC, Calcutta for Total Bank Automation (TBA) in affiliated DCCBs. The software entitled ‘Samabaya' has been successfully implemented in Banki CCB on a pilot basis. At present, the same software is under implementation in Angul, Balasore, Berhampur, Cuttack, Keonjhar and Sambalpur DCCBs in the first phase. It is expected that all the DCCBs will be fully computerised by 31.3.2003.

(ii)Infrastructure development in lower tiers:

The bank has been providing liberal financial assistance to the DCCBs for facelift of their branches and to the Mini Banks at PACS level for installing modern counters and security system.

Summary of the performance highlights of the bank:

1. Deposit has grown from Rs.732 crore as on 31.3.2001 to Rs.875 crore as on 31.3.2002 recording a healthy growth rate of 21%.

2. Aggregate loans and advances have reached a level of Rs.911 crore.

3. The per capital disbursement of crop loan has been increased from Rs.1832 in 1991-92 to Rs.7, 500 in 2001-02.

4. Working Capital of the Bank has shown a phenomenal increase from Rs.1387 crore to Rs.1675 crore.

5. Investment has grown from Rs.432 crore to Rs.595 crore.

6. The net profit of the Bank has increased from Rs.6.49 crore to Rs.20.15 crore. (un-auditd)

7. The bank has been earning profit consistently since its inception in 1948.

8. The bank proposes to pay enhanced dividend at 10%.

9. The per branch productivity has grown from Rs.260 Crores during 2000-01 to Rs.298 crores during 2001-02.

10. The staff productivity is one of the highest among the State Cooperative Banks in the country at Rs.780 lakh per employee.

Developmental initiatives:

1. The Bank is the only State Cooperative Bank in the country to have ATMs in its branches for any time banking. Four ATMs are functioning in the Bhubaneswar Main Branch, Sahid Nagar Branch, Alaka E.C. and Cuttack Branch at Jail Road. Two more ATMs are being installed in the new branches at Angul and Berhampur.

2. The bank has established a Business Development Department to coordinate and monitor the strengthening of DCCBs and PACS.

3. The Bank is the only State Cooperative Bank in the country to have 100% computerisation.

4. The bank has extended its banking services up to 8.30 PM in select Branches and Extension Counters.

5. 7 days banking have been introduced in Chandrasekharpur Branch and DAV Extension Counter.

6. Recovery incentive of Rs.75 lakh earmarked for CCBs.

7. Infrastructure development assistance of Rs.30 lakh to PACS/LAMPS.

8. The bank has a fully owned Staff Training Institute, which has been imparting need-sed training to the staff of the affiliated DCCBs and PACS.

NPA of the Bank – Some clarifications :

The audit report of the Bank has wrongly assessed Rs.37.17 crore as NPA, which is, for all purpose, standard assets as per the prudential norms stipulated by RBI. Out of Rs.37 crore assessed as NPA by audit, Rs.15.00 crore relates to advance against Orissa State Handloom Coop. Society. As a part of rehabilitation programme, Govt. has agreed to pay the Bank on behalf of OSHWCS and as such, it should not have been assessed as NPA . Besides, the loan outstanding of Rs.17.20 crore against Sakthi Rural and Water Users Society should not have been assessed as NPA, since the due date of such loan has been extended to provide conversion facilities to the sugarcane growers severely affected by super cyclone, 1999 and in fact, the loans outstanding has already converted into MT loan repayable in 7 years with 2 years moratorium. The NPA of the Bank has actually grown from 5.31% to 9% amounting to Rs.73.81 crore. This also includes an amount of Rs.55.00 crore against different CCBs. As OSCB is a refinancing agency, all these loans are running accounts and in the subsequent years the same become standard assets in view of repayment by CCBs. If this amount is excluded, the actual NPA of the Bank will be at Rs.18.39 crore against individual and corporate borrowers. If these factors are taken into consideration, the actual position of NPA will be 2.30% of the total loan outstanding which is within the norms stipulated by Narshimham Committee for the Commercial Banks. However, out of total NPA of Rs.73.00 crore as assessed in audits, a sizeable amount has already been collected and some loan accounts of NPA have already been closed. So the position is not at all alarming as depicted in the audit report.

Investment credit

The 12 point initiative of the Hon'ble Chief Minister, the bank has been extending refinance support to the DCCBs for financing the PACS for installation of pump sets, purchase of tractors and power tillers. Under the programme, the bank has financed 2859 units involving Rs.23.28 crore. The aggregate financing for investment credit during the year was Rs.56 crore.

Non-farm sector financing

The Orissa State Cooperative Bank has facilitated the DCCBs to diversify the financing of non-farm sector. The DCCBs have been dispensing non-farm credit to small-scale industries in shape of block capital and working capital. Loans are also advanced for trading activities, purchase of commercial vehicles, housing with refinance from OSCB.

Achievement highlights

1. Net worth exceeds Rs.115 crore and working capital exceeds Rs.1200 crore

2. The Bank is running on profit for over five decades since its inception in 1948 and continuously paying dividend to its share holders.

3. NABARD has, in recognition of its performance has awarded 2 nd best performance award among 28 SCBs through Hon'ble Finance Minister, Government of India.

4. National Federation of State Coop. Banks (NAFSCOB) has awarded consecutively 4 times for its outreach performance.

5. All the Branches and Extension Counters of the Bank are fully computerised to provide efficient customer service.

6. ATM facility is installed in the Main Branch to provide any time Banking. This facility is being extended in Cuttack and Sahid Nagar Branch.

7. Any where Banking service is on the anvil.

8. Extended Banking service up to 8.30 P.M. in Sahid Nagar Branch and MARKFED Extension counter in Bhubaneswar and Cuttack Main Branch.

9. 7 days Banking service is available in DAV school Extension Counter, Sailashree Vihar. Chandrasekhar Pur Branch will provide the service shortly.

10. Large network of 2817 PACS/LAMPS/FSS and 308 Branches of 17 Central Cooperative Banks at the Block level.

11. 80% of agricultural families are covered/enrolled as members of PACS/LAMPS/FSS.

12. Providing easy access to credit through 6.95 lakh Kisan Credit Cards issued to the farmers (13% of total KCC issued in the country). We are third in the country.

13. Purveying 76% of total agricultural credit (crop loan) disbursed in the State whereas our share in deposit of the State is only 7%.

14. 22 Mahila Branches of District Central Coop. Banks are functioning exclusively to render banking service to the women folk.

OSCB declares 9% dividend for 1999-2000

Bhubaneswar : dt.26.7.2001

Orissa State Cooperative Bank (OSCB) has declared 9% dividend to its shareholders for the financial year1999-2000. Accordingly, an amount of Rs.56.25 lakh was declared as dividend on the State Government share capital of Rs.6.25 crore. After appropriating 6% to the Agricultural Credit Stabilisation Fund as per Rules, a cheque for the balance amount of Rs.18,75,000/- was presented by Sri Arabinda Dhali, Hon'ble Minister, Cooperation to the Hon'ble Chief Minister on 26.7.2001. Sri Sanjeev Chopra, IAS, Managing Director of the Bank and Sri N.K. Prusty, Chief General Manager were present on the occasion.

The Orissa State Cooperative Bank is the only successful cooperative organisation in the State to earn profit and pay dividend continuously since its inception in 1948. Recently, the bank has been awarded with the best performance award instituted by NABARD by the Hon'ble Union Finance Minister, Mr. Yashwant Sinha on 12 th July 2001 for its outstanding performance during the year 1999-2000.

ORISSA STATE COOPERATIVE BANK LTD .

BHUBANESWAR – 751 001.

Performance highlights of the Bank for the year 2001-02

(Rs. in lakh)

Particulars

2000-01 (Audited)

2001-02 (Provisional)

Growth rate

Share capital

3101.05

3752.28

21.00%

Reserves

5861.79

7125.63

21.56%

Owned Funds

8962.84

10877.91

21.37%

Deposits

73126.59

87482.23

19.63%

Borrowings

44199.46

52299.05

18.38%

Other liabilities

4304.28

5919.50

37.53%

Cash and Bank balances

2776.16

5812.38

109.37%

Investments

43178.54

59494.77

37.79%

Loans and advances

83115.83

91093.76

9.60%

Other assets

10484.48

11055.59

5.45%

Working capital

139556.01

167456.60

19.99%

Per branch business

14203.86

16234.18

14.29%

Per employee productivity

640.33

776.37

21.25%

Dividend

10%

10% (Proposed)

Investment Credit:

The bank has financed Rs.55 crores during the year 2001-02 towards investment credit including loans under farm and non-farm sector.

The Bank has been actively participating in financing of tractors, power tillers and pumpsets under the Chief Minister's 12 Point Initiative programme. During the year 2001-02, the DCCBs disbursed 279 tractors, 132 power tillers and 1013 pumpsets involving an amount of Rs.13.21 Crores. For the year 2002-03, a programme for financing 800 tractors, 350 power tillers and 3200 pumpsets involving loan component of Rs.35 Crores has been fixed.

Besides, the bank has facilitated disbursement of Rs.1 Crore for installation of 115 shallow tube wells/bore wells and Rs.3.75 Crores for setting up of 77 agro-service centres.

ORISSA STATE COOPERATIVE BANK LTD .

BHUBANESWAR – 751 001.

OVERALL PERFORMANCE DURING 2001-02 AT AN ALL TIME HIGH
Press Release dated 04.05.2002

1) Established during the year 1948, OSCB started functioning with meagre own funds of Rs.1.76 lakhs and a deposit base of Rs.8.22 lakhs. During a span of 54 years, it has grown into a massive organisation and achieved a high degree of financial strength as reflected in the following diagram.

Graphical presentation for the year 1999-2000, 2000-01, 2001-2002

1. Own Funds:

2. Deposits

3. Investments

4. Loan outstanding

5. Working capital

6. Net profit

2) The growth of per employee and per branch business is one of the highest in the country. This has also recorded phenomenal growth during the past three years as reflected in the following diagram.

3) Highest disbursement of Crop Loans in Khariff & Rabi 2001-02

As the Apex Bank of the Short Term Cooperative Credit Structure in the State, the Bank has facilitated dispensation of an all time high crop loan aggregating to Rs.534 Crores during the year 2001-02. 72% of the total crop loan financed in the State has come from the Short Term Cooperative Credit Structure.

4) Orissa ranks fourth in the country in disbursement of Kisan Credit Cards.

Kisan Credit Card Scheme was introduced by the Govt.of India in the budget speech for the year 1998 to address the age-old problem of non-availability of instant and adequate credit to the farmers for their seasonal agricultural operations.

We,in Orissa, immediately decided to disburse all crop loans through KCC only to empower the farmer members of the Primary Agrl. Coop.Societies to access adequate and timely institutional credit. As on 31.3.2002, 11,21,472 Kisan Credit Cards have been issued to the farmer members for which we have ranked fourth in the country only next to Andhra Pradesh,Maharashtra and Rajsthan. The Bank has programmed to issue at least 15 lakh cards by 31.3.2003.

By successful implementation of the Kisan Credit Card Scheme, the per capita disbursement of crop loans has gone up from Rs.1832/- in 1991-92 to Rs.7,500/- in 2001-2002.

During the year 2002-03, the Bank has a plan to disburse Rs.350 Crores during Kharif and Rs.250 Crore during Rabi.

5) Kalinga Kissan Gold Card Scheme, a product innovation of OSCB

The Bank has launched the unique and innovative Kalinga Kissan Gold Card Scheme (KKGC) in April,2001 to recognise and reward good repayment habits of the farmer members by providing them a package of facilities.

In order to be eligible under the scheme, a farmer should have been a member of a Primary Agricultural Cooperative Society for at least a period three years and should not have defaulted for a period of at least two years.

The wide range of facilities available under the scheme are:

i) 1% less interest in all types of loans

ii) Free accident insurance of Rs.25,000/-

iii) Consumption loans upto Rs.5,000/-

iv) Annual lottery carrying three prizes of Rs.50,000/-, Rs.30,000/- & Rs.20,000/-.

v) Free membership of Kalinga Kissan Gold Card Club

vi) Freedom to purchase fertiliser and pesticides from any retail outlet of their choice

vii) Availability of schematic loans on a priority basis

Within one year of its launching, the KKGC Scheme has elicited tremendous response from cross section of the community. By now, 22,957 farmers have been issued with the card.

The first annual lottery under the scheme will be drawn by the Hon'ble Minister, Co-operation on 8.05.2002 and the prizes will be distributed in the State Level Krushak Diwas Samaroha on the auspicious day of Akshya Trutiya on 15.5.2002.

6) OSCB, the first State Cooperative Bank in the country in the sphere of automation and computerisation:

We are proud to inform that we are the first State Cooperative Bank in the country to automate our entire operations to provide instant and effective customer service. We have installed seven ATMs at Cuttack,Bhubaneswar, Angul & Berhampur to provide anytime banking. Connectivity of all the retail outlets and the ATMs is on the anvil to provide any where banking service.

The premises of all the branches and the facilities available are comparable to any ultra-modern branch of private sector/nationalised banks.

The Bank, as the leader of the short term cooperative credit structure, has developed a soft ware for automation of all the 17 District Central Cooperative Banks in the State. The soft ware has been successfully implemented in Banki CCB on a pilot basis and now under implementation in Angul, Balasore, Berhampur,Cuttack, Keonjhar and Sambalpur DCCBs. It is expected that the operations of all DCCBs will be fully computerised by 2004.

7) Extended Banking hours & Seven –Day Banking

In order to provide flexible banking hours to the general public, the Bank has extended its banking service upto 8.30 P.M. in Saheed Nagar and Cuttack Branches and Markfed Extension Counter. Besides, Seven-Day banking has been introduced in Chandrasekharpur Branch and DAV Extension Counter.

8) Profitable Deployment of Surplus Funds:

The Bank is the third State Cooperative Bank in the country to have established a Treasury Management Cell (TMC) during May,2001 for profitable deployment of surplus resources in Government. and other securities in the money market. The TMC now manages a portfolio of Rs.595 crores which is subject to variation on a day-to-day basis.

During this year, the Bank also plans to take over the responsibility of managing the surplus resources of the affiliated DCCBs by its TMC.

9) New Business Centres:

Although the retail banking activity of the Bank was confined to the cities of Bhubaneswar,Cuttack,Paradeep and Sambalpur, the Reserve Bank of India has granted licence for opening four new branches.

The Bank has opened two new business centres at Berhampur and Angul during March last year with fully computerised service and ATM facility. Another two branches at Rourkela and Puri will be opened during this year. Besides, the Bank has moved Reserve Bank of India to provide licence for upgration of the existing extension counters at DAV Public School,Chandrasekharpur and Markfed, Kalpana Area.

Plan & Programme for the year 2002-2003:

The Bank has already finalised its action plan for the year 2002-2003 and the highlights are as follows:

i) Deposits to grow from Rs.875 crores to Rs.1,000 crores

ii) Aggregate loans and advances to increase from Rs.911 crores to Rs.1050 Crores.

iii) Crop loans of Rs.350 Crores in Kharif and Rs.250 crores in Rabi aggregating to Rs.600 crores will be disbursed.

iv) Investment to grow from Rs.595 crores to Rs.700 crores .

v) Working capital to increase from Rs.1675 crores to Rs.1900 crores.

vi) The Bank will provide anywhere and any time banking by connecting all its retail outlets.

vii) Two new branches to be opened at Rourkela and Puri with ATM facilities.

viii) Subsidy of Rs.50 lakhs will be provided for the Kalinga Kisan Gold Card Scheme.

ix) Recovery at PACS level will increase from 60% to 75%.

x) Developmental and infrastructure assistance aggregating to Rs.300 lakhs will be provided to the DCCBs.

 
 
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