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Union Finance Minister Smt. Nirmala Sitharaman hands over credit sanction letters to 145 beneficiaries for Rs 306 crore in Jammu FM launches new schemes for women entrepreneurs, hotel tour and tourism industry On the 2nd day of her visit to Jammu Kashmir, Union Finance Corporate Affairs Min
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FAQ :
The Tejasvini scheme, launched by J&K Bank, focuses on providing financial assistance of up to Rs 5 lakh to girls aged 18-35 for starting their businesses.
The Shikhar scheme from Punjab National Bank offers credit up to Rs 2 crore for the hotel and tourism industry. Additionally, the Shikara scheme provides credit up to Rs 15 lakh for purchasing or repairing Shikaras in the Kashmir valley.
Credit sanction letters worth Rs 306 crore were handed over to 145 beneficiaries.
The Finance Minister also announced a SIDBI cluster development fund of Rs 200 crore. Foundation stones were laid for Rural Self-employment Training Institutes, and new J&K Bank branches were inaugurated.
NABARD is increasing its commitment under the Rural Infrastructure Development Fund (RIDF) from Rs 787 crore to Rs 1,500 crore for the UT of Jammu & Kashmir for FY 2020-21.
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