Financial assistance worth Rs 7.50 crore provided to 252 beneficiaries in Ganderbal

Under the initiative for empowerment of youth and women entrepreneurs, District Development Commissioner Ganderbal, Shafqat Iqbal distributed the loan Sanction letters among 22 identified beneficiaries during a felicitation function. On the occasion, the Zonal Head J&K Bank mentioned that 363 educated youth entrepreneurs of the district were identified during B2V3 out of which 252 cases were sanctioned for supporting them with financial assistance worth Rs 7.50 crore for establishment of different units under the step for betterment of youth and women entrepreneurs. While interacting with the beneficiaries, the DDC praised the beneficiaries and asked them to use this opportunity for establishment of viable units and become job providers rather than job seekers. He also made sure that full support is provided from District Administration to the unemployed youth of the district for establishing employment generating avenues in the district to earn well. Chief Planning Officer Ganderbal, Zonal Head J&K Bank, Cluster head J&K bank, DIO Ganderbal and other concerned officers were also present on the occasion.