KISHTWAR, JANUARY 07: The District Level Implementation Committee (DLIC) met here today under the chairmanship of the Deputy Commissioner, Pankaj Kumar Sharma (Chairman DLIC), to review and approve applications submitted under the Mission YUVA scheme.
A total of 62 applications, duly verified by the Small Business Development Units (SBDUs), including 2 proposed MSME Enterprises, 2 seeking benefits under Business Acceleration of Existing Enterprises and 58 for Nano Enterprises, were presented before the Committee.
Each application was assessed based on eligibility, project feasibility and the socio-economic background of the applicant.
After detailed scrutiny, the Committee approved 42 out of 62 applications. Of these, 19 proposals were approved subject to bank verification and submission of feasibility reports from the concerned bank branches, while 1 application was rejected.
The DC directed the AD Employment to ensure that all approved cases are forwarded to banks at the earliest so that applicants can receive timely benefits under the scheme.
He also directed banks to sanction and disburse loans without delay and to provide regular mentorship to support the new entrepreneurs.
Pertinently, as many as 345 Mission Yuva cases have been sanctioned in the district, out of which 305 cases have been disbursed by the J&K Bank, involving ₹19 crore in sanctions and ₹16.5 crore in disbursements.
The meeting was attended by PO ICDS, Dr. Rishi Kumar Sharma; ALC, Mamta Sudershan; LDM, Harsh Rawal; Manager J&K Bank Cluster Office, Anil Sharma; EO, Vinod Kumar and other concerned officers and staff.
