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PMRY aid for 2,250 people

Staff Reporter

MALAPPURAM: As many as 2,250 people in malappuram district will get aid for self-employment and subsidy under the Prime Minister's Rozgar Yojna (PMRY) this year.

This aid will be distributed through the 149 branches of the 24 banks functioning in the district, said an official press release here on Friday.

The decision to distribute the amount through the 24 banks was taken at a meeting of the district-level PMRY committee held here on Friday.

District Collector M. Sivasankar presided over the meeting.

General manager of the District Industries Centre M. Abdul Majeed, K.V. Roshan Babu, manager of the Lead Bank and coordinators of other banks took part in the meeting.

Those who have passed the eighth standard and are between 18 and 35 years of age can apply for aid under the PMRY scheme. The upper age limit for women and backward classes will be 45 years, said the release.

The applicants' annual income should not exceed Rs.40,000 and they should be staying at the present address for at least three years.

Mr. Majeed said that those interested to begin industries under the PMRY scheme in the current financial year should apply before August 31.

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