27686 IG units with investment of Rs 829 cr set up in Srinagar

Srinagar, Mar 27 (UNI) As many as 27686 income generating units have been set up under priority and non priority sector with an investment of Rs 829.44 crore in Srinagar district till December 2007, accounting for 193 per cent increase.

This information was given at a District Coordination Committee (DCC) meeting of lead bank held under the chairmanship of District Development Commissioner, Srinagar Aijaz Iqbal here today.

Lead bank officer, besides officials from NABARD, RBI and other bankers attended the meeting.

While taking in-depth review of achievements registered under annual action plan, it was informed that under priority sector, 5961 units have been established with a financial assistance of Rs 181.99 crore.

Under non-priority sector 21725 units stand set up with a loan facility of Rs 647.45 crore, while agriculture sector, 180 units, trade and services sector 5199 units have been established with an investment of Rs 148 crore.

An official spokesman said under various government sponsored schemes, 1316 beneficiaries have been provided financial assistance of Rs 17.61 crore for setting up of Income Generating units upto February this year.

UNI BAS BJR DS1407