On October 2, 2015, Prime Minister Narendra Modi will launch the Mudra Bank loan scheme in Jharkhand. the State Government has given us a target of distribution of loan to 3400 people but our aim is to give benefit of this loan scheme facility to 5,100 small entrepreneurs of the district. It was informed by Hazaribagh DC Mukesh Kumar in a PC held in his office meeting hall on Tuesday evening.
Talking to newsmen DC Kumar said that tomorrow on 23rd September we are going to organize fares at block headquarters and at district headquarter with the help of bank officials to make more and more people aware about this much needed and awaited loan scheme for non- agricultural purpose.
In Hazaribagh district 128 bank branches are operating in different areas and with the meeting of bank officials I had given them the task of identifying the needy small businessmen of their cover area and to choose 40 among them for the loan schemes of Mudra Bank.
There are three types of loan schemes for small entrepreneurs, in Shishu scheme a loan of 5000-50000 will be given while in Kishor scheme it will be 50000-500000 and in Tarun scheme it is 5 lakhs to 10 lakhs.
DC Kumar said that small businessmen use to take loans from unauthorized persons who charge a huge amount as interest.