DC Anantnag distributes Rs 1.25 crore among 70 beneficiaries

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ANANTNAG: To provide the much needed financial assistance to the youth belonging to socio-economically backward sections of the society, Deputy Commissioner Anantnag Mr. Muneer ul Islam today distributed cheques amounting to Rs. 1.25 crore among 70 beneficiaries, here at town hall Anantnag.

The cheque distribution cum awareness programme, organized by J&K ST, SC and Backward Class Development Corporation Limited envisages to provide the much needed minimum-interest subsidized loan facility to unemployed youth belonging to ST, SC, Backward classes, Notified Minorities,  Safai Karamcharis and persons with disabilities so that they can set up their own income generating units and make themselves self-reliant.  

Speaking on the occasion, the Deputy Commissioner urged upon the beneficiaries to capitalize on the sanctioned amount by installing viable income generating units thereby elevating themselves both on economic and social fronts.

He said the education loan facility would also encourage youth belonging to minority categories to withdraw from menial work places by providing them an opportunity to read and write.

While appreciating the efforts of the J&K ST, SC and Backward Class Development Corporation Limited, the Deputy Commissioner impressed upon the Managing Director of Corporation to organize such awareness camps in the rural areas of the district so that more and more people belonging to down-trodden sections of the society avail benefits of welfare schemes of the corporation.

The Managing Director of the corporation, Y.P Suman while highlighting the role played by the Corporation for the upliftment of weaker sections of the society said that the corporation has provided minimum-interest loans to 34000 beneficiaries under various schemes and aims to double the number by providing the facilities like Bank Tie Up scheme, Direct Finance Scheme, Educational Loan Scheme and skill development training programme. He said during the last six years, in the Anantnag district, the corporation has provided financial assistance of      Rs. 7.5 Crore to 1100 beneficiaries and during the present year an amount of Rs. 2.22 Crore have been sanctioned among 123 beneficiaries of the district.

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