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Govt's Credit Action plan for Kupwara, once hub of militants

Written by: Staff

Srinagar, Mar 24 (UNI) The frontier district of Kupwara, once the hub of militants will have Rs 60.31 crore credit action plan for the next financial year, an official spokesman said.

He said the credit action plan has been approved for setting up of 11143 income generating in the district.

The plan was approved at the District Consultative meeting chaired by District Development Commissioner, Kupwara, Abdul Majid Khanday which was attended by bankers, representatives of RBI, NABARD and the officers of implementing agencies.

The meeting was told that under Agriculture sector, 8196 units would be set up followed by 1676 units under Industries sector and 1271 units under Services sector. An amount of Rs 29.71 crore for Agriculture sector, Rs. 16.03 crore for Services sector and 14.56 crore for the industrial sector are being extended during the next financial year.

The District Development Commissioner stressed that thrust should be on the areas where employment generation potential is available so that maximum unemployed youth are covered under the schemes and also poverty is tackled in better way.

He called for coordinated efforts by the banks and other implementing agencies.

Meanwhile, the District Rural Development Agency, Baramulla established 90 self help group units under SGSY in Singhpora and Pattan blocks, of which 70 linked with various banks were provided loans to the tune of Rs 20 lakhs.

The Agency provided a subsidy component of Rs 12 lakhs to the unit holders.

This was stated at an awareness camp organised at Singhpora today presided over by the Project Officer DRDA, Baramulla.


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