GM reviews disbursement of PMEGP cases sponsored by DIC

DODA, JANUARY 4: A meeting to review the implementation of Prime Minister’s Employment Generation Programme (PMEGP) was convened today by General Manager District Industries Centre (DIC) Paramjeet Singh.

The meeting was attended by Lead District Manager Parveen Kumar; District Coordinator (GSS) J&K Bank Bua Ditta and representatives of KVIB, Geotagging teams, and other concerned departments.

Discussions centered on the progress made in disbursing loans and sanctioning cases under PMEGP. The Zonal Head of J&K Bank informed the chair that significant progress has been achieved in loan disbursement for the current financial year, and several new cases are under process. The chair directed banks to ensure that no genuine case is rejected and that loans are disbursed promptly to benefit the maximum number of unemployed youth.

Given the large number of pending subsidy claims, it was decided that a separate meeting would be held with branch heads to resolve issues related to rectification and subsidy disbursement. This move aims to expedite pending claims and improve the efficiency of the scheme.

In addition, it was reported that 97 units of DIC Doda have been successfully geotagged in the past month and a half. Subsidy adjustment letters amounting to Rs. 226.55 lakhs have already been issued to 97 beneficiaries. The chair instructed the Geotagging team to expedite the process further to clear all pending cases by the end of the month.

The meeting concluded with a call for better coordination among stakeholders to achieve the goals of PMEGP and support local entrepreneurship.