DLTFC approves 17 cases under JKREGP
KULGAM: A District Level Task Force Committee (DLTFC) meeting on Monday approved 17 cases which were placed before the committee for Project cost of Rs. 1.31 Crore.
The meeting was convened under the chairmanship of Deputy Commissioner (DC) Kulgam Dr. Bilal Mohi-Ud-Din Bhat.
The project involved margin money of Rs.45.85 lacs and providing employment opportunities to 250 educated unemployed youth.
The JKREGP scheme is being implemented by Jammu & Kashmir Khadi and Village Industries Board (J&K KVIB) to harness and divert the potential and enthusiasm of youth for establishment of productive enterprise in the micro industrial sector and to create employment opportunities for others.
The bank representatives were directed by the chair to take the credit decision within 28 days from the receipt of DLTFC recommended applications from the KVIB Kulgam, also no security will be insisted upon by the bank except in agriculture & allied beyond the project cost of Rs. 5 lacs.
KV News
