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| J&K Bank disburses Rs.1.08 crore to unemployed | | | Early Times Report
Jammu Feb 9: Continuing its endevour to nurture entrepreneurship, the J&K Bank today has disbursed a sum of Rs.1.08 Cr among 66 beneficiaries on the concluding day of the 5-day District Employment Fair at Ramban.
Spokesperson of the bank stated that the said fair was inaugurated by K B Magotra, District Development Commissioner, Ramban at Higher secondary School Ramban on February 1 and concluded here today. J&K Bank was awarded first prize for its best presentation and performance during the Fair, he said.
The Vice President J&K Bank, Jammu (North) Mr. Abdul Rashid distributed loan cheques worth Rupees 1.08 Crores to 66 beneficiaries under different employment generating schemes.
Expressing gratitude to J&K Bank authorities for making the fair a great success, K B Magotra in his inaugural address hailed the contribution of the Bank for encouraging the local youth to take up self-employment ventures. “Financing projects aimed at generating self-employment avenues for the youth is the best way we can defeat unemployment. And J&K Bank has been playing a wonderful role ensuring that takers of entrepreneurship increase day by day”, he added.
Among prominent present on the concluding day were Cluster Head, Udhampur / Ramban, G.M.Sadiq, Asstt. DDC Ramban, Deputy Director Employment and other District level officers.
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