7,123 income generating units set up in Kupwara

Srinagar, Feb 28 (UNI) About 7,123 income generating units have been established in Kupwara district, which was once the hub of militants in north Kashmir.

A loan of Rs 86.07 crore has been provided by various financial institutions to beneficiaries to set up these units by end of December 2007, an official spokesman said.

He said this information was given during a District Level Consultative Committee meeting held under the chairmanship of District Development Commissioner, Kupwara Kachoo Isfandyar Khan today.

The representatives of financial institutions, officers from line departments, representatives of roads and buildings and other officers were present in the meeting.

The meeting was informed that 86 per cent targets have been achieved under the annual credit action plan.

Giving the sector wise details, the meeting was informed that under services sector, 4,479 units were established for which financial assistance of Rs 48.38 crore was disbursed.

Similarly, under agriculture sector, 1,234 units were setup with an assistance of Rs 15.55 crore which include 586 units under Kisan Credit Card Scheme. Likewise, under industries sector, 1,410 units have been established with a loan facility of Rs 21.17 crore.

UNI BAS YSS SR RK1352