Loans disbursed to rural entrepreneurs in Dindigul

Scheme costing ₹918 crore to be implemented in 3,994 panchayats: Dindigul C.Srinivasan

June 20, 2020 04:07 pm | Updated 04:07 pm IST - Special Correspondent

Forest Minister C. Srinivasan distributing welfare aids in Dindigul. Photo: Special Arrangement

Forest Minister C. Srinivasan distributing welfare aids in Dindigul. Photo: Special Arrangement

Tamil Nadu Rural Transformation Project has devised a special scheme at a cost of ₹918 crore to be implemented in 3,994 village pachayats in 30 districts, said Forests Minister Dindigul C.Srinivasan.

Speaking at a function to disburse loans under the project here on Saturday, he said the project, a first of its kind in the country, was being implemented through Rural Development and Panchayat Raj Department with World Bank assistance.

The project would benefit people in Dindigul district in seven blocks namely Vedasanthur, Gujiliambarai, Batlagundu, Athoor, Ottanchatram, Palani and Kodaikanal covering 148 village panchayats.

Rural Entrepreneurs

In her address, District Collector M. Vijayalakshmi said the State government had introduced a novel scheme of COVID–19 assistance package to promote rural entrepreneurs who had been affected by the lockdown.

The Self-Help Group members/ family members, producer groups, enterprise groups, farmers producer organisation, differently abled and vulnerable and skilled migrant youth would be benefited by the scheme. The assistance is provided in four components including one time grant to producer groups, enterprise groups up to ₹1.50 lakh per group through Panchayat Level Federations (PLF). In Dindigul district, COVID–19 assistance package of ₹11.35 crore would be distributed to 6,375 eligible beneficiaries as per the government guidelines, she said.

The TNRTP has released the first instalment fund of ₹2.96 crore for different components and the rates of interest varied between 6% and 12 %, said District Executive Officer Jayaprakash in his welcome address. Assistant Collector (training) Ayushi Singh, Mahalir Thittam Project officer Santosh Kumar, Joint Registrar Cooperatives Murugesan spoke.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.