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Dr Lone reviews functioning of Women’s Development Corporation

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Corporation disbursed Rs 162 cr among 16000 beneficiaries for setting up income generation units

SRINAGAR, OCTOBER 03: The Jammu and Kashmir State Women’s Development Corporation (WDC) has disbursed a loan of Rs 162 crore among 16000 women beneficiaries to empower them socio-economically by helping them to set up their own income generation units.

The information was revealed at a meeting chaired by Secretary Social Welfare Department, Farooq Ahmad Lone, to review the functioning of the Corporation.

The meeting was attended by Managing Director WDC NahidaSoz, and other officials of the Corporation.

It was given out that the Corporation has disbursed Rs 9 crore among 482 beneficiaries.

Lone appreciated the performance of WDC and hoped that more socio-economically backward women would be aided under income generating activities.

He directed the officers to conduct awareness camps across the state so that the economically weaker sections of society are benefited with the welfare schemes.

Secretary also asked the officials to conduct various vocational training programmes across the state so that aspiring entrepreneurs would be well acquainted with required skills for running their business units successfully.

On the occasion, Managing Director WDC briefed the meeting about the details of the schemes being implemented by the Corporation for the economic empowerment of socially and economically backward women of J&K.

She said that WDC has conducted 2068 awareness camps and sensitized 7,13,800 women beneficiaries besides organized 20 mega camps. It was said that as a vocational training provider nominated by GOI through State Technical Education Department has imparted training to 6323 women beneficiaries. The beneficiaries were linked to Micro Finance Scheme of WDC and Rs 5.92crores were released for them.

The meeting was also informed that WDC made best efforts to revive the languish arts of J&K like Gujjar Topi, Miniature Paintings, Block Printing and Calligraphy.

During the meeting, it was informed that WDC has available Government Guarantee of Rs 30 crore under NMDFC Scheme.

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