5749 income
generating units established
SRINAGAR, AUGUST
1: Secretary Social Welfare Dr Farooq Ahmad Lone Thursday said
that Schedule Caste, Schedule Tribe and Backward Classes Development
Corporation Limited under Direct Financing Scheme with apex Corporations has
established 5749 income generating units involving term loan assistance of
Rs.92.99 crore to beneficiaries in the state.
The Secretary was
speaking at a review meeting of the corporation. He further said that during
the current year Education Loan was provided to 22 students of the target group
for higher studies involving term loan assistance of Rs 46.21 lakhs.
He said that to
make the corporation more vibrant, recovery process of loans should be
intensified so that money thus recovered could be further circulated among the
target group for larger socio-economic development.
The meeting was
attended by M.D SC, ST and OBC, Director Finance, Social Welfare, Director
Planning, Social Welfare, Additional Secretary Social Welfare and other senior
officers of the department.
During the
meeting, a threadbare discussion was held to review the functioning of the
corporation, various ongoing schemes, loan disbursement and recovery process.
During the
meeting the steps required to be taken for revival of the Corporation for
making it more efficient and at the same time to provide more benefits to the
under privileged section of the society were also discussed.
The Secretary
said that Corporation should provide more Bank Loan Assistance under Bank
Tie-up schemes and Direct Financing Scheme in collaboration with National level
Finance and Development Corporations of the Govt. of India, to the target group
persons for establishment of income generating units in various
trades/activities.
Dr Lone said that
main objective of the Corporation is to work for socio-economic and educational
upliftment of its target groups, to provide better self-employment avenues so
that they can become economically independent and self-reliant members of the
society.
He said
Corporation can undertake a wide range of activities for socio–economic and
educational upliftment of the weaker sections of the society belonging to SC,
ST and Notified National Minorities, SafaiKaramcharies/Scavengers and
Handicapped (Persons with Disabilities).
Secretary Social
Welfare directed the concerned officers to organize awareness camps in rural
and far-flung areas to make aware the people about the various welfare schemes
of the Corporation. He said that the main motive of the Corporation is to work
for socio-economical emancipation of under privileged section of the society
and stressed on effective implementation of the schemes.
