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JK Bank for hand holding entrepreneurs under SKEWPY
16th October 2010 Srinagar
JK Bank for hand holding entrepreneurs under SKEWPY
Jammu & Kashmir Bank has taken up Sher-i-Kashmir Employment and Welfare Programme for Youth (SKEWPY) as a "mission" to carry the process to logical end. As a follow up measure J&K Bank today constituted a special task force for speedy disposal of cases under ‘Sher-e-Kashmir Employment and Welfare Programme for the youth (SKEWPY). The task force would advise, counsel and guide prospective entrepreneurs beyond sanctioning and disbursement of credit.
J&K Bank Chairman and CEO Mushtaq announced this in a meeting held today at the Bank's Corporate Headquarters in which Director EDI, M. I. Parray, Executive President Mr. Ajit Singh, Vice presidents Mr. Abdul Rouf and Mr. Nayeemullah, were present.
Mushtaq Ahmad said, "The Bank shall ensure that entrepreneurs of the state face no problems in timely finances once their Detailed Project Reports (DPRs) under SKEWPY get clearance from the relevant departments. Moreover, the process of clearance has already been put on fast-track and there is completely hassle-free mechanism in place that will facilitate the financial support to our first generation entrepreneurs in the best possible way." The Chairman further said, "The policies of bank are driven by the commitment to empower the people of state in socio-economic sense. And we see our youth as a huge resource to drive and lead this socio-economic model of development through entrepreneurship, efficiency and honesty".
Being the flagship company of the state we shall always be at the fore-front of addressing all the issues that fall within our operational domain.
Mushtaq emphasized that the bank shall be partnering with the Government's economic initiatives for peoples empowerment, skill development and employment generation programmes.