Clear all pending loan cases within a month: Balbir

Excelsior Correspondent
SRINAGAR, Aug 23: J&K Scheduled Castes, Scheduled Tribes  and other Backward Classes Development Corporation Limited, (SC, ST, BC DC) Vice-Chairperson Balbir Ram Rattan, today issued directives to officers and employees of the Corporation for early disposal of loan cases.
Addressing a review meeting of the Corporation here, today along with its Managing Director, Ravinder Kumar Pandita, he said that all pending cases should be cleared within a period of one month. He said that the Corporation has been established with an objective of reaching the weaker sections and to provide financial assistance to the unemployed people in the form of loans so that they can set up their own units for earning livelihood. Any one, who applies for the loan from the Corporation expect that his/her case should be processed at the earliest and the officials should ensure that there is no delay in sanctioning and releasing the amount of the loan in favour of the beneficiaries, he added.
Managing Director, R KPandita, on this occasion, shared the details related to the initiating of new schemes by the Apex Corporation namely, National Minorities Development & Finance Corporation (NMDFC), National Scheduled Caste Development & Finance Corporation (NSFDC), National Scheduled Tribe Development & Finance Corporation (NSTFDC), National Backward Classes Development & Finance Corporation (NBCFDC),  National Safai  Karamchari Development & Finance Corporation (NSKFDC) and National Handicapped Development & Finance Corporation New Delhi (NHFDC). The new schemes will be implemented  in the financial year 2017-18 as per approved Annual Action Plan of the Apex Corporation for establishment of income generating units under Transport/Small Business Sector, etc, he added.
Balbir made it clear to the Divisional Officers/Officials that every application received from the loan aspirant should be processed within the shortest period and any complaint in this regard will be taken seriously.
Financial Advisor /CAO, Vijay Kumar Tak, Divisional Manager, Kashmir, Arshid Majid Butt, Manager Finance, Anil Gupta, Accountant Babar Bashir Wani, Junior Assistants Mukhtar Ahmed Shah and Mehraj-ud-Din Kasana attended the meeting.

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