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Loans must be utilized in right direction: Sh. Balbir Ram Rattan

Reasi people provided loan by SC, ST, BC Corp

Balbir Ram Rattan, Vice chairperson of SC,ST& BC Development Corporation Limited,  asked the physically challenged and people belonging to economically weaker sections of society to come forward and unhesitatingly avail the facilities of financial assistance under various schemes of the government. He said this will not only uplift them and their families economically but also relieve them of the burden of being dependent upon on others.

Expanding activities of the Corporation upto district levels, Balbir Ram Rattan, alonwith Divisional Manager Gulam Qadir Khatana, visited Reasi in order to hand over Payment Authority Letters (PALs) to the loan deserving beneficiaries.

In a programme organised at the Reasi District office of the Corporation, he distributed PALs of financial assistance as loans to various categories of people, all of who felt overwhelmed to receive the same. The beneficiaries were drawn from the categories of physically challenged people, safai karamcharis and backward classes.

Speaking on the occasion, Balbir called upon people not to hesitate in coming forward to seek the loans which are meant for upliftment of their lives as also enable them to lead a dignified life like other people. People from any category and class should know well and keep themselves aware of the fact that governments, both at state and centre, has made provision of certain schemes, which are exclusively meant for them. So, instead of waiting only for the opportunities of jobs, they should utilize the financial assistance offered as loans to start any work of their interest and earn their livelihood in a dignified manner. They must understand this facility is only an alternative to jobs as jobs cannot be given to each and every one in this competitive era, he said adding that the loans so offered must be utilized by them in right direction.

District Manager Sat Paul, Recovery Assistant Mohinder Kumar and BJP District President Kuldeep Raj Dubey were present on the occasion.

The VC also took stock of the recovery status of the previous loan cases and was told that out of a target of rupees 6 lakh for first quarter, the District has recovered rupees 5.63 lakh till date.