Subsidy worth Rs 1.40 cr released for SCs in state
Phagwara, Lending a helping hand to the needy and underprivileged sections of society to combat the Covid-19 crisis through self-employment, the Punjab Schedule Caste Land Development and Finance Corporation has released subsidy worth Rs 1.40 crore for the Schedule Caste (SC) brethren.
Chairman of the Corporation Mohan Lal Sood said: “The pandemic has adversely affected the economy across the globe and left number of people unemployed,”.
He said many people were suffering to arrange two square meal for their families. Sood said in such a grim scenario, the state government, led by Chief Minister (CM) Capt Amarinder Singh had came forward for lending a helping hand to the needy.
The chairman said on the directions of the CM poor families of SC community were being assisted for setting up their own employment ventures.
He said: “As many as 1,404 eligible beneficiaries have been issued 1.40 crore by the Corporation under Bank Tie Up scheme for self employment. The District Managers have been asked to transfer the amount into the bank accounts of the concerned beneficiaries, adding that in the coming days, these beneficiaries would get loans worth Rs nine crore, which would be a succour by the state government to needy people.
The chairman said the corporation had in its other schemes, including approved loans worth Rs 12.35 crore during 2019-20, out of which Rs 9.11 crore had been disbursed to the beneficiaries. He said the remaining ones would also be distributed very soon.
Sood said staff of the corporation had worked hard during the pandemic and contributed their one day’s salary for the Chief Minister’s Relief Fund.
Courtesy : TT