UP releases dist-wise CD ratio to assess work of DCs & DMs

Lucknow: A month after the state govt announced its decision to include investment within districts and cash-deposit (CD) ratio as parameters for the performance assessment of district magistrates and divisional commissioners, the district-wise CD ratio data was released on Monday for all 75 districts. This will now act as the benchmark for the evaluation of officials.Chief secretary Manoj Kumar Singh, who called this a path-breaking initiative to promote growth and investment in all districts, noted that UP became the first state to implement such a move. He stated that the data on CD ratio for 2024-25 as of April 1, 2024, was provided by the state level bankers committee. "Now that we have a baseline for all districts, it will become possible to assess improvement in each district by the end of the financial year. Their evaluation will focus on the progress made in improving the CD ratio in their respective districts. The aim is to stimulate economic activities, attract investment and enhance financial inclusion through expanded banking services," he said.The decision to link the annual performance of officials directly with the growth of the state was taken by Chief Minister Yogi Adityanath and aims at greater administrative accountability in the state.Singh added that in addition to an assessment of efforts to attract investment and improve the CD ratio, the annual performance evaluation report of DMs and DCs will also include security, facilities and conveniences provided to investors. Other parameters will cover timely preparation and management of land banks, land allotment, subsidies, land use changes, clearances for entrepreneurs, monitoring and regular updates. "This system aims to ensure that officers take a proactive and responsible role in driving investment and economic growth within their districts," the CS said.