JKEDI approves Rs 2.27 cr for 56 cases of self-employment


SRINAGAR, NOVEMBER 16: Jammu and Kashmir Entrepreneurship Development Institute (JKEDI), on Saturday held 75th Steering Committee under the Term Loan Scheme to grant approval to the cases of aspiring entrepreneurs.

The meeting was chaired by Director, Jammu and Kashmir Entrepreneurship Development Institute, Tufail Matto.

Chief Faculty JKEDI, Dr. Majid Manzoor Khan and officers from the concerned verticals of the institute participated in the meeting.

As many as Fifty Seven cases of the candidates trained by the Institute under Himayat Self Employment Scheme (HSES) were placed before the Steering Committee for approval.

The committee approved 56 cases for the soft loan facility under Term Loan scheme of National Minorities Development and Finance Corporation (NMDFC), Ministry of Minority Affairs (MoMA), Government of India. Pertinent to mention that of these approved cases, 50 belong to the newly formed Union Territory of Jammu and Kashmir while seven (07) cases are from Union Territory of Ladakh.

An amount of Rs. 2.27 Crore was approved by the Committee, which includes a Term Loan component of Rs 88.46 lakh and Working Capital of Rs. 141 lakh.

The cases were approved for setting bakery, spices, non-woven carry bags, steel fabrication; establishment of DTP centres, diagnostic labs, general stores, shuttering houses, camping agencies and tent houses, distribution of FMCG, trading activities like sale of electric equipment, timber, ice creams, cosmetics, grocery; and sheep and dairy farming units.

During the meeting, Director JKEDI called for speedy disbursal of the soft loans in favour of the candidates whose cases have been approved.


The Dispatch is present across a number of social media platforms. Subscribe to our YouTube channel for exciting videos; join us on Facebook, Intagram and Twitter for quick updates and discussions. We are also available on the Telegram. Follow us on Pinterest for thousands of pictures and graphics. We care to respond to text messages on WhatsApp at 8082480136 [No calls accepted]. To contribute an article or pitch a story idea, write to us at [email protected] |Click to know more about The Dispatch, our standards and policies   

The Dispatch Staff

The Dispatch Staff

A News & Knowledge media startup in India, The Dispatch employs staff with best journalistic abilities. Our staff comes from diverse backgrounds such as history, culture, science and sports to security and global affairs. The staff at The Dispatch is committed to promptly respond to readers’ feedback. Write to us at [email protected]