Friday, July 30, 2021
400 July

Pension 1500 gif

Shaheed 50 lakh gif

Kisan Karza 5.64 lakh gif

Kisan 48 hours gif

Ashirwad 51000 gif

Sohna Markfed

Innocent Admission

Punjab raises Income Limit for loans under Direct Loan Scheme to Rs.3-lakh: Dharamsot

- Advertisement -

Chandigarh, July 21, 2021 (Yes Punjab News)
Under the direct loan scheme run by the Punjab Scheduled Castes Land Development and Finance Corporation, the income limit for borrowing has been raised from Rs. 1 lakh to Rs. 3 lakh.

Disclosing this here today, Punjab Minister for Social Justice, Empowerment and Minorities Mr. Sadhu Singh Dharmsot said that the state government has extended the powers to sanction loans up to Rs. 1 lakh to the district managers of the corporation at the district level for the expeditious disposal of debt cases for the convenience of people.

Similarly the district level screening committees has revised and a new committee at state level has been constituted under the chairmanship of Social Justice, Empowerment and Minority Officer to provide loan to the needy as soon as possible.

Mr. Dharmsot said that SC the main objective of the Corporation is to provide low interest rate loans to the Scheduled Castes and persons with disabilities for self-employment occupations such as dairy farms, grocery shops, clothing shops, shuttering work, lumbering, higher education loans. So that their economic status can be raised and they can be lifted out from the poverty line.

The Minister for Social Justice said that the Corporation has provided financial assistance of Rs. 2293.73 lakh to 2116 beneficiaries even during the difficult times of COVID during the current financial year 2021-2022. The corporation had set a target of disbursing Rs 40 crore to 1400 borrowers, under which loan-subsidy of Rs 624.81 lakh has been disbursed to 562 beneficiaries so far.

Mr. Dharmsot further said that the Punjab Government during its tenure of almost four years has extended Loans of Rs. 8066.23 lakh to 8590 eligible and needy SC youth. In addition, the State Government has given huge relief to the debtors by waiving the debts of 14260 beneficiaries amounting to Rs 4540.80 lakh.

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected






Attack on Chinese in Pakistan

Who is behind the attack on Chinese in Pakistan – by Amjad Ayub Mirza

The deadly attack, carried out on July 15, on a coach carrying Chinese engineers to an under-construction tunnel site at the 4300 MW Dasu...

Coexistence, a unifying factor for Indians – by Asad Mirza

For most political parties, sociologists and psephologists what a common Indian on the street thinks matters most. It is an insight into a common...
Taliban Afghanistan

Taliban’s Next Stop: Kabul, Kashmir and Kerala – by Amjad Ayub Mirza

The speedy advance of the Taliban from northern Afghanistan to Kabul in the eastern section of the country could not have been achieved without...


Health & Fitness

Woman eating strawberry

Eat strawberries, oranges daily to cut risk of cognitive decline

New York, July 29, 2021- People who eat a diet that includes at least half a serving per day of foods high in flavonoids like strawberries, oranges, peppers and apples may have a 20 per cent lower risk of cognitive decline, according to a study. Flavonoids are naturally occurring compounds found in plants and are considered powerful antioxidants. It is...

Gadgets & Tech

error: Content is protected !!