Rs 56 crores provided for setting up 4000 units in Kashmir

Srinagar, Jan 10 (UNI) An amount of over Rs 56 crores has been provided for setting up more than 4000 units under priority and non-priority sectors in Ganderbal and Badgam districts in Jammu and Kashmir, an official spokesman said.

A district consultative committee meeting held at Ganderbal said an amount of Rs 30.36 crore has been provided for setting up of 2662 units under priority and non-priority sectors in the district during this fiscal by September 2007.

Out of which, Rs 3.50 crore were provided for establishment of 421 units under agriculture sector, Rs 1.57 crore for 90 units under non-agriculture and small scale industries and Rs 5.28 crore under trade and services sector.

Besides Rs 20.01 crore have been provided for establishing 1817 units under non-priority sectors.

He said under various government sponsored schemes Rs 3.07 crore have been disbursed to 336 beneficiaries for setting up of income generating units by various banks upto December 2007.

Spokesman said a similar meeting was held at Badgam where a credit to the tune of Rs 25.81 crore has been disbursed to 1439 unit holders under the current credit action plan, registering an achievements of 37 percent.

He said 429 units have been provided credit of Rs 3.32 crore in the primary sector Rs 3.23 to 156 units under the secondary sector.

A financial assistance of Rs 3.23 crore and 854 units with a credit facility of Rs 19.39 crore stand covered under the services sector.

UNI BAS BJR AS1909