STATE TIMES NEWS
JAMMU: The members of the weaker sections availing loans from the corporation should utilise the money to set up their units to earn livelihood.
This was stated by Balbir Ram Rattan, Vice-Chairperson, SC, ST, BC Development Corporation Ltd., while handing over the Payment Authority Letters (PALs) to the loanees at District Office Samba, alongwith Divisional Manager Gulam Qadir Khatana, District Manager Saira Bano Sheikh, Senior Assistant Vijay Kumar, Field Supervisor Gulab Din and BJP District President Jangveer Singh.
Rattan, while speaking on the occasion, said that the corporation helps the poor and needy people belonging to SC,ST,BC, Monorities and handicapped categories by providing loans to set up own unit by the unemployed people to earn bread.
“The past practice of handing over cheques to the beneficiaries has been shelved and now Payment Authority Letters (PALs) are handed over to the people whose loan cases are processed and sanctioned and the money is directly transferred into the individual account, which is a transparent process,” he added. Divisional Manager Gulam Qadir Khatana, on this occasion, asked the loan beneficiaries to be regular in repaying the monthly installments.
Samba District Manager Saira Bano Sheikh briefed the VC about the recovery status and the under process fresh cases related to grant of loan to the applicants in the district.
