To provide assistance to urban poor for setting up of gainful self-employment ventures, micro-enterprises, DDC, Rohit Khajuria accorded sanction to 90 self employment cases amounting Rs 1.48 crore under SEP component of DAY-NULM.
DDC exhorted upon all the concerned to meet the target set for the financial year 2017-18 and expedite the sponsoring of eligible cases with in stipulated time frame.
The loan cases were from MC Kathua, Basohli, Billawar, Hiranagar, Lakhanpur and Parole areas of the district.
Pertinently, the financial assistance available to urban poor in setting up individual and group enterprises will be in the form of interest subsidy on the bank loans. Interest subsidy at the rate of 7 per cent rate of interest will be available on a bank loan for setting up of individual or group enterprises.
The meeting was attended by PO DUDA Ramneek Singh, LBO SBI Kathua, Representative of DIC Kathua, Chief Manager PNB Kathua, Nodal Officer J&K Bank Kathua and Manager S&ME DUDA Bushan Singh.