Saturday 30 July 2016
facebook.com/Outlookindia twitter.com/outlookindia digimag.outlookindia.com instagram.com/outlookindia youtube.com/user/OutlookMagazine

JKWDC Provides Loans of Over Rs 13 Cr to Women Entrepreneurs

Srinagar

Jammu and Kashmir Women's Development Corporation (JKWDC) has provided loans to the tune of Rs 13.25 crore during the current financial year to women entrepreneurs generating self employment to over 2500 women in the state.

"Under Sher-e-Kashmir Employment and Welfare Programme for Youth (SKEWPY), JKWDC has so far succeeded in providing loans of Rs 13.25 crore to women entrepreneurs there by empowering 863 women beneficiaries directly and generating self employment to more than 2580 women," an official spokesman said after the 20th Board of Directors meeting of the corporation here.

Similarly under revolving fund between 2011-12 and 2013-14, he said the corporation succeeded in establishing 216 units and generating employment for 627 women.

Regarding recovery process, he said NPA of corporation stands only to the extent of 0.05 of total loaning.

The spokesman said the meeting, which was chaired by Social Welfare minister Sakina Itoo, deliberated at length the steps required to be taken for making the corporation more efficient and at the same time provide more benefits to the under privileged sections of the society.

He said the meeting decided to release fourth instalment (20 per cent) of the sixth pay commission arrears in favour of the corporation employees.

The instalment of arrears would be provided by the corporation out of its own resources keeping in view the encouraging recovery process by it, the spokesman said.

Addressing the meeting, the minister emphasised on bringing more transparency and rationalisation in loan disbursement so that all deserving beneficiaries get their due share without any discrimination at any level.

She asked the officers to give focused attention on wide coverage of beneficiaries of rural and far-flung areas under the schemes of the corporation.

READ MORE IN:
TAGS: LoansBusinessWomen
SECTION: National
OUTLOOK 14 August, 2014
© Copyright PTI. All rights reserved. Republication or redistribution of any PTI content, including by framing or similar means, is expressly prohibited without their prior written consent.
Download the Outlook ​Magazines App. Six magazines, wherever you go! Play Store and App Store

Post a Comment

You are not logged in, please Log in or Register
  • Daily Mail
THE LATEST ISSUE
CLICK IMAGE FOR CONTENTS
OUTLOOK ON TWITTER
Quiz
Kashmir has been the scene for massive protests following the killing of Hizbul commander Burhan Wani on July 8. “Non-lethal” pellet guns used against the protesters have blinded many and 45-odd people have died in the face-off against security forces. The scale of protests have led to frayed tempers in the mainland with many resorting to high-voltage jingoism. But how well do you know Kashmir? Find out, take this quiz.
QUIZ STARTED ON: Jul 25, 2016
Advertisement