Kupwara top list of Lakhpati Didis in J&K: MD Mission Yuva

Kupwara, Jul 15: Managing Director Mission Yuva Harvinder Singh on Wednesday said that Kupwara District has the highest number of Lakhpati Didis in Jammu and Kashmir.
Speaking after a review meeting of Mission Yuva here, MD Harvinder Singh, said the meeting focussed on assessing applications, resolving bottlenecks, ensuring bank linkages and helping beneficiaries establish sustainable units. “Kupwara is a border district with remote areas like Karnah and other far-flung villages where youth need support to turn their ideas into successful enterprises and generate employment,” he said.
Singh said the district administration was doing commendable work in implementing Mission Yuva and highlighted the achievements of women associated with the Lakhpati Didi initiative.
“We have decided that the talent pool of Lakhpati Didis in Kupwara will be supported through specific DPRs so that their work can be taken forward under Mission Yuva,” he said.
On the status of applications under the scheme, Singh said issues related to pending cases and bank sanctions were being reviewed, adding that Mission Yuva has stopped the practice of outright rejection of applications. “Cases facing issues like low CIBIL scores or existing loans are placed under a dormancy period,” the MD said.
“If an applicant does not get a loan today due to a CIBIL issue, it does not mean the person will not be eligible later. Such cases are kept under dormancy and reviewed after the required period,” he said.
Singh acknowledged concerns regarding delays in bank sanctions and said directions have been issued to J&K Bank to improve the process.
“Any bank branch found not performing properly in processing Mission Yuva applications will face an investigation,” he said.
He added that the department is also monitoring beneficiaries who have received approval or loan disbursal but require further support to run their units successfully.
“Our finance experts, enterprise development experts and marketing experts will work together to make Mission Yuva more effective and ensure that employment opportunities in remote areas are taken forward,” Singh said.
He said the district administration is actively reaching out to people through field-level officers, which has encouraged more youth and aspiring entrepreneurs to apply under the scheme. (KNO)