10258 Income Generating Units Set up in Kulgam

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Rs. 90.30 cr advanced under DCAP in Kulgam

KULGAM – Against a credit target of Rs, 216 crores for the current financial year, Rs. 90.30 crore were advanced upto the end of September, 2012 by various Banks and other financial institutions under the Credit Action Plan (CAP) of District Kulgam for the year 2012-13 and 10258 income generating units were established during the period.

This was stated in the meeting of District Level Review Cum Consultative Committee meeting held here today at Dak Bungalow Chawalgam, Kulgam under the chairmanship of District Development Commissioner Kulgam, Mr. Jahangir Ahmad Mir.

While giving the details of the performance achieved under various sectors the District Lead Bank Officer, Kulgam said that against the target of 15510 beneficiaries for the current fiscal, 10258 beneficiaries have been covered under various sectors in the district.

The Lead Bank Officer informed the meeting that under Agricultural and Allied Sectors 8190 units were setup with an advance of Rs. 67.58 crores, 1421 units established with an advance of Rs. 15.14 crores under Non-Farm/SSI sector similarly 647 income generating units were setup in the district with an advancement of Rs.7.58 crore under other priority sector.

The Director RSETI at Kulgam informed the meeting that 244 candidates have been imparted training in 4 batches in different activities like spinning, weaving, embroidery, crewel, chain stitch, knitting, and Dress Designing sponsored by DRDA and Hand Loom Departments out of which 74 have been provided financial assistance for establishment of their income generating units.  The Banks have also distributed 6706 Kissan Credit Cards in the district out of which J&K Bank has issued 5918 KCC. Under DRI advances, about Rs. 11.80 lakh has been provided to 64 beneficiaries assistance of Rs. 878 lakh provided to 853 women beneficiaries and Rs. 728 lakh have been provided to 1597 weaker section beneficiaries in the district. The District Development Commissioner, Kulgam stressed upon the sponsoring agencies and Banks to work with close coordination. He asked the officers to sponsor the cases of those who are desired to setup their units and not to allow for those who aim to grab the subsidy amounts only. He also stressed for given thrust to the sectors like Horticulture, Sheep, Dairy, Floriculture, Fisheries and Bee Keeping besides directed the officers to gear up their field staff and keep no stone unturned in full-filling the targets.

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