Rs 163.74 cr loan advanced among 5327 IGUs by financial institutions: DLRC Shopian

Rs 163.74 cr loan advanced among 5327 IGUs by financial institutions: DLRC Shopian

SHOPIAN: To review the progress achieved under the targeted schemes launched by banks in collaboration with line departments for its implementation, the District Development Commissioner Shopian convened a joint meeting of bankers and sponsoring agencies here on Saturday.
The meeting was attended by Chief Planning Officer Shopian, LBO RBI, DDM NABARD and district coordinators of all the banks. Besides, chiefs/district officers, heads of all the line departments of the State Government/sponsoring agencies were also present in the meeting, an official press note read.
The meeting was conducted by the LDM (lead district manager) to review the key developmental schemes during the first quarter financial year 2017-18 (1st quarter). According to the press note, a loan to the tune of Rs 163.74 crore was advanced among the 5327 beneficiaries (Income Generating Units, IGUs) by the financial institutions functioning in the district achieving their by the financial targets by 19.37% and physical targets by 19.37%.
The schemes implementing agencies put forth their annual report up to June 2017.
J&K Bank organised four skill development workshops in which 91 candidates were imparted various skill /GEDP training courses out of which 30 candidates have been selected by bank finances, the press note read.
The DDC directed the sponsoring agencies and banks to create awareness among the general masses especially the educated unemployed youth about the benefits of the schemes launched by the government, it further added.

 

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