DLTFC approves 37 cases for financial help under JKREGP at Kulgam

KULGAM, June 15: A District Level Task Force Committee (DLTFC) meeting under JKREGP of KVIB was held today at mini secretariat Kulgam under the chairmanship of Additional District Development Commissioner (ADDC) Kulgam, Showkat Ahmad Rather.

During the meeting, 42 cases were placed before the Committee out of which 37 cases were approved for Project cost of Rs 2.84 crore involving margin money of Rs.99.66 lac.

The bank representatives were directed by the chair to take the credit decision within 28 days from the receipt of DLTFC recommended application from KVIB Kulgam.

They were also instructed to ensure that no security will be insisted on  these beneficiaries by the bank except in agricultural allied cases ranging beyond the project cost of Rs. 5.00 lacs.