ZIRO, Sep 18:A meeting regarding implementation of PMEGP 2017 – 18 was organized here at the office chamber of Deputy Commissioner, Lower Subansiri District, Kemo Lollen wherein all the PMEGP DLTFC recommended candidates and Branch Manager of the concerned Bank attended.
During the meeting, DC urged the candidates to utilize the sanctioned money against the scheme for their self-employment as well as to generate more employment opportunity through their venture.
He also stated that after disbursement of 1st installment he will personally with Bank and implementing agency (DIC) will monitor the utilization of the disbursed amount and on satisfaction will allow bank to disburse the 2nd installment. If anybody found unutilized the 1st installment his/her 2nd installment will not be allowed to disburse by the concerned bank, he added.
He also stated that the candidates who will found not utilizing the fund properly of the 1st installment will have to return the amount to concern bank without fail.
Further viewing fag end of the month to achieve within given time line of 30th September’ 2017. DC urged the candidate to complete the documentation within 19th September’ 2017 without fail for further sanction & disbursement of loan by concerned bank.