14 more blocks to be covered under Umeed in 2016-17

JAMMU: The 5th Executive Council meeting of Jammu & Kashmir State Rural Livelihoods Mission (Umeed) was held here on Friday under the chairmanship of Chief Secretary, B R Sharma.
‘Umeed’ is mandated to reach-out to 66% of J&K’s rural population across the erstwhile 143 blocks and link them to sustainable livelihood and nurture them till they come out of poverty and enjoy a decent quality of life.
Starting 2013-14, the project is in its third year of implementation and the total number of Self Help Groups (SHGs) constituted under JKSRLM has reached to 9489 in the state.
The Executive Council approved bringing 14 more blocks under the mission in 2016-17 taking the total number of blocks to 35.
During 2015-16, Umeed programme was extended to 4 more blocks including Waroosa in Kupwara, Dooru-Shahbad in Anantnag, Chushoot in Leh and Kargil block in Kargil.
A Centrally Sponsored Scheme, Umeed was launched in the J&K in 2013. It envisages bringing 66% of the rural households, both BPL and non-BPL, into the SHG fold.
The Union Cabinet had approved a special dispensation for J&K under NRLM and sanctioned Rs 750-crore project to be implemented in J&K in a phased manner in five years.
The mission brings women from rural areas on the platform of SHGs, trains them to create their own capital, provides capital from government in the form of Revolving Fund (RF) and Community Investment Fund (CIF) and links them to the bank for enhancing their existing livelihoods or creating new livelihood so as to bring the family out of poverty.
It was informed that J&K Bank has been designated as nodal bank for receiving and transferring the interest subvention to the Self Help Groups of category-II districts…