Comments
The Jammu and Kashmir Government has approved a Rs 1,220-crore District Credit Action Plan for Srinagar for 2012-13 fiscal.
The details of the action plan for the next fiscal were given out at the district level consultative committee meeting chaired by the District Development Commissioner of Srinagar, Mr Baseer Ahmad Khan, and attended by lead bank officer, district officers and representatives of various financial institutions operating in the district, an official spokesman said today.
An amount of Rs 30.67 crore has been fixed for agriculture and allied sectors under the plan, while Rs 265.90 crore has been approved for small enterprises and Rs 27.50 crore for micro-credit.
The spokesman said Rs 20 crore has been approved for education, Rs 140 crore for housing and Rs 640 crore for non-priority sector. Besides, Rs 96.57 crore has been earmarked to accommodate unemployed educated youth of the district.
He said Rs 603.39 crore was disbursed for setting up 22,963 units by the financial institutions under the priority sectors, while Rs 363.68 crore was disbursed under non-priority sector during the current fiscal.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.