DSFDC panel to review loan plans

New Delhi, December 31

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A committee of officers of the DSFDC (Delhi SC/ ST/ OBC/ Minorities and Handicapped Finance and Development Corporation) will review various loan schemes and suggest measures to be taken for simplification of the process thereof.

Among the issues that are going to be looked at by the panel are waiving off processing fee under composite loan scheme, transport scheme, education loan scheme and simplification of various loan schemes and ease of the processing structure to get maximum number of beneficiaries avail the services.

Terms and conditions for Delhi Swarojgar Yojana will also be revisited to ensure that street vendors and person involved in small business can get hassle-free loan in the national capital.

The board, chaired by Delhi Social Welfare minister Rajendra Pal Gautam, has set up the committee that will submit its recommendations, said the government following the 155th board meeting of DSFDC.

In the meeting, it was decided that camps would be organised on “mission mode” to disburse loans to beneficiaries, besides the progress under various schemes during the third quarter of the fiscal year was discussed ahead of the Delhi Assembly session on January 3 when action-taken by various departments on the finance commission reports are likely to be taken up.

During the financial year 2017-18, the corporation disbursed loan to 261 beneficiaries belonging to the target groups under different schemes so far as compared to 255 beneficiaries covered during the previous financial year 2017-18.

As per a statement issued by the Social Welfare Department, loans have been disbursed to a total of 212 beneficiaries during current financial year, till December 14 and the corporation expects to achieve more before the end of current financial year in comparison to previous year.

Further, the corporation sponsored 682 candidates for imparting vocational training under different trades/ courses through National Small Industries Corporation and Apparel Textiles Design Centre in the financial year 2016-17.

“To cope up with the demand in present scenario, the corporation has planned to impart new vocational courses to meet the increasing demands of the industries,” it stated. — TNS