Nghe An effectively implements social policy credit activities

(Baonghean) - Nghe An is one of the localities that effectively implements Directive No. 40-CT/TW on strengthening the Party's leadership over social policy credit. To learn more about this issue, Nghe An Newspaper reporter had an interview with Mr. Tran Khac Hung - Director of Nghe An Social Policy Bank.

PV:On November 22, 2014, the Standing Secretariat issued Directive No. 40-CT/TW on strengthening the Party's leadership over social policy credit; could you tell us how it is being implemented in Nghe An?

Mr. Tran Khac Hung:After the Central Party Secretariat issued Directive 40-CT/TW dated November 22, 2014 on strengthening the Party's leadership over social policy credit (CSXH), on June 17, 2015, the Provincial Party Standing Committee issued Directive No. 29-CT/TU and on July 30, 2015, the Provincial People's Committee issued Plan No. 463/KH - UBND. Following that, the Party Committees and authorities at all levels issued directive documents and plans for organization and implementation; widely propagating the spirit and content of the directive to each Party organization, unit, Party member and the masses.

Officers of Dien Chau Social Policy Bank disburse capital to Dien Lam people - Photo: Viet Phuong

Directive 29-CT/TU of the Provincial Party Committee requires: Party committees and authorities at all levels need to identify the leadership and direction of social credit activities as one of the key and regular tasks of Party committees and localities; focus on mobilizing resources for social credit associated with agricultural and rural development, education development, vocational training, job creation, ensuring social security and sustainable poverty reduction. Every year, the People's Committees of provinces, districts, cities and towns allocate a portion of the local budget to supplement capital for lending to policy beneficiaries in the area (the Provincial People's Committee has a minimum of VND 8 billion/year; the District People's Committee has a minimum of VND 200 - 500 million/year).

Staff of the Bank for Social Policies and Chau Hoi commune (Quy Chau) advise people on loans for production and business.

At the same time, enhance the responsibility of the Fatherland Front and socio-political organizations at all levels in propaganda and mobilization work; closely coordinate with the Vietnam Bank for Social Policies and local authorities in consolidating and improving the quality of social credit activities; guide the assessment of loan recipients; strengthen inspection and supervision; urge debt collection on time; guide borrowers to use capital effectively; integrate with programs and projects of socio-political organizations; do a good job of consulting, guiding the construction and replication of typical production and business models, helping each other to escape poverty and get rich... Promote the campaign for the poor to mobilize contributions from social organizations, businesses and individuals to supplement capital for social policy credit...

PV:Can you elaborate on the specific results?

Mr. Tran Khac Hung:After more than 1 year of implementation, the Directive has truly entered life in a practical way, having a great impact on the effectiveness of social credit operations in the province. In general, Party committees and authorities at all levels have become more aware of their roles and responsibilities in leading and directing social credit operations, and have paid attention to allocating additional budget sources for loans; creating favorable conditions for the Vietnam Bank for Social Policies to focus on accelerating the disbursement of capital sources, meeting the timely capital needs of poor households and policy beneficiaries; focusing on prioritizing capital for remote areas, areas with large policy beneficiaries; attaching importance to improving the quality of policy credit, urging the collection of due debts, implementing many solutions to collect overdue debts, especially cases where customers are able to repay but are slow and procrastinating; promptly removing obstacles in the implementation of policy credit programs in the locality.

Mr. Vi Van Dao in Muong village, Chau Kim commune borrowed capital from the Social Policy Bank to buy a multi-purpose tractor for production and business.

The specific results achieved are: In the first 8 months of the year, the local budget has transferred 15.1 billion VND, of which the provincial budget is 8 billion VND, the district budget is 7.1 billion VND, the accumulated local budget capital has been allocated 86 billion VND to date. The localities that have performed well are Vinh City, Nam Dan, Do Luong, Yen Thanh, Quynh Luu, Hoang Mai, Con Cuong, Ky Son, Quy Hop, Thanh Chuong, Tan Ky...

In particular, socio-political organizations entrusted from the province to the village have promoted their spirit and responsibility, proactively and actively participated in and effectively performed their entrusted tasks such as: doing a good job of information and propaganda; establishing, consolidating and improving the quality of the network of savings and loan groups; directing the organization to evaluate loan subjects to ensure publicity, democracy, transparency and accuracy; guiding the preparation of loan records and procedures, and risk handling proposals; strengthening the inspection of loan use; urging debt collection, interest collection and mobilizing borrowers to deposit savings every month...

The effective implementation of social policy credit has significantly contributed to the effective implementation of the Party and State's policies, goals and tasks on poverty reduction, ensuring social security, political stability and socio-economic development in the province...

PV:To meet the requirements of concentrating resources and perfecting mechanisms and policies to effectively implement social policy credit, especially to well implement Directive No. 40-CT/TW, how should it be implemented in the coming time?

Mr. Tran Khac Hung:Nghe An is a large province with a large population, many policy beneficiaries, and a huge demand for loans from the people... Meanwhile, the source of social credit capital is not really stable, the structure is not reasonable, and does not meet actual needs; credit quality is uneven. In order to continue to effectively implement this directive, in the coming time, it is required that Party committees and authorities at all levels must be more determined and drastic in leading and directing the effective implementation of social credit activities in the area; focus on concentrating resources, supplementing capital, supporting facilities and conditions for the VBSP to operate stably and sustainably. Local agencies, departments, the Fatherland Front and socio-political organizations entrusted from the province to the village (hamlet) share the responsibility, coordinate with the VBSP to effectively organize and implement policy credit activities and contribute greatly to the results of the implementation of the goal of hunger eradication, poverty reduction and social security in the area.

PV:Thank you!

Hoang Vinh