DLTFC approves 59 cases for financial help under JK-REGP at Kulgam

Kulgam: A District Level Task Force Committee (DLTFC) meeting was held on Wednesday at the mini-secretariat Kulgam under the chairmanship of District Development Commissioner (DDC) Kulgam (Chairman DLTFC), AtharAamir Khan.
A total of 75 cases were placed before the committee and 59 cases were approved by the committee for project cost of Rs 482.50 lacs involving margin money of 168.875 lacs and providing employment opportunities to 360 educated unemployed youth.
The JKREGP scheme is being implemented by Jammu & Kashmir Khadi and Village Industries Board (J&K KVIB) to harness and divert the potential and enthusiasm of youth for establishment of productive enterprise in the micro industrial sector and to create employment opportunities for others.
It was informed that no security will be insisted upon by the bank up to Rs 10.00 lacs except in agriculture and allied security will be insisted upon by the bank beyond the project cost of Rs. 5 lacs.