SC, ST Corp disburses Rs 65 lakh to 31 beneficiaries

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JAMMU: The Jammu & Kashmir Scheduled Castes (SC), Scheduled Tribes (ST) and Backward Classes (BC) Development Corporation Limited disbursed loans to the tune of Rs 65 lakh among 31 beneficiaries here on Wednesday.
Corporation’s managing director informed that the loan amount was sanctioned and disbursed to 31 unemployed persons of target groups including 7 beneficiaries of Scheduled Castes, 4 under Scheduled Tribes, 10 beneficiaries of Safai Karamcharis, two beneficiaries of Backward Classes, three handicapped beneficiaries, and five beneficiaries of Notified National Minorities for establishing their income generating units, an official handout read.
He said the corporation has made various simplifications in the loaning documentations and “has made tremendous improvement during the last two months in the recovery of a loan from the willful chronic defaulters”, it read.