Northeast

CM Biren distributes loans of Rs 3.9 crore to 1,520 beneficiaries IMPHAL

It was the fourth such credit linkage programme organised by MSCBL.

ByIFP Bureau

Updated 19 Dec 2020, 7:05 am

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In the effort to make the people economically self-reliant, Manipur Chief Minister N Biren Singh distributed loans worth around Rs 3.9 crore to 1,520 beneficiaries under Manipur State Cooperative Bank Ltd (MSCBL) in a function held at CM’s Secretariat on Friday.

The assistance was provided as part of Prime Minister’s Atma Nirbhar Bharat Abiyan to help the beneficiaries from different occupations like dairying, poultry, piggery, duckery, fishery, and also to run self-help groups. It was the fourth such credit linkage programme organised by the bank.

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Addressing the gathering as the chief guest, Biren said that Prime Minister Narendra Modi had introduced many noble schemes to help needy people. Distribution of loans is a part of his Atma Nirbhar Bharat Abhiyan, which aims at making people economically self reliant, amid COVID-19 pandemic, he added.

He said that some people used to mock of Meeyamgi Numit and Hill Leaders’ Day in the beginning. However, the government has been able to help hundreds of hard working people in the form of loans. He continued that so far MSCBL had provided loans of over Rs 16 crore to different people through Meeyamgi Numit and Hill Leaders’ Day. Now, all these people are running their businesses successfully and repaying loans regularly, he added.

The CM also expressed gratitude to different banks operating in the state for extending cooperation to the government in this regard.

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Stating that the government is committed in rehabilitating poppy growers, Biren also informed that National Bank for Agriculture and Rural Development (NABARD) has assured help to the state government.

The programme was also attended by Forest, Environment and Climate Change minister, Awangbow Newmai; and CAF and PD minister, Th Satyabrata.

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Loansassistancemscbl

IFP Bureau

IFP Bureau

IMPHAL, Manipur

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