9th February 2010
Srinagar
Nurturing Entrepreneurship : J&K Bank disburses Rs.1.08 crore to unemployed youth
Committed to nurture entrepreneurship J&K Bank has disbursed a hefty sum of Rs.1.08 crore among the 66 beneficiaries on the concluding day of the 5-day District Employment Fair at Ramban.
The Fair was inaugurated by Mr. K B Magotra, District Development Commissioner, Ramban at Higher secondary School Ramban on February 1, 2010.
J&K Bank was awarded first prize for its best presentation and performance during the Fair. 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 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.
On the occasion, apart from a big congregation of people, Cluster Head, Udhampur / Ramban, Mr.G.M.Sadiq, Asstt. DDC Ramban, Deputy Director Employment and other District level officers were also present.
The Fair was inaugurated by Mr. K B Magotra, District Development Commissioner, Ramban at Higher secondary School Ramban on February 1, 2010.
J&K Bank was awarded first prize for its best presentation and performance during the Fair. 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 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.
On the occasion, apart from a big congregation of people, Cluster Head, Udhampur / Ramban, Mr.G.M.Sadiq, Asstt. DDC Ramban, Deputy Director Employment and other District level officers were also present.