The banks should promote the ambitious ‘Mudra Scheme’ in a more dedicated manner said the Chief Minister of Uttarakhand Trivendra Singh Rawat while addressing a Mudra Promotional Campaign at IRDT auditorium Survey Chock on Wednesday.
The event was held under joint aegis of the State Government and the State level bankers committee.
Speaking on the occasion, the CM said that the Mudra is an opportunity for the young entrepreneurs and the campaign is aimed to promote the scheme. He added that the objective of the programme is to infuse confidence in the youth that by self employment they can not only ensure their own progress but also help in generating employment. He said that the young entrepreneurs in all parts of the country have taken benefit of the scheme. He made an appeal to the youth present on the occasion to promote cashless culture.
The Chief Minister handed over the loan clearance documents to many beneficiaries on the occasion. The beneficiaries have taken Mudra loans for opening garment shop, design and development centre, shop of spare parts and for setting up small enterprises.
The Principal Secretary Finance, Radha Raturi said that the aim of the Micro Unit Development and Refinancing Agency (MUDRA) is to provide loans up to Rs 10 lakhs to the new and existing traders/ entrepreneurs without any guarantee. She said that under the scheme banks offer financial support on the basis of the expertise of applicant, type of business and requirement. Raturi further informed that in Uttarakhand efforts are being made to cover maximum number of people. Mudra loans worth Rs 4.08 Crore were approved for 88 beneficiaries on the occasion.
The Finance Minister Prakash Pant, Chief Secretary S Ramaswamy, Joint Secretary Financial Services, Fianance Ministry Government of India Suchiendra Mishra, Finance Secretary Amit Negi, General Manager (GM) Reserve Bank of India (RBI) Subrat Das, GM, National Bank for Agriculture and Rural Development (NABARD) DN Magar, GM, State Bank of India (SBI) Ajit Singh Thakur and others were present on the occasion.