Kakinada, Jan 10th: The implementation of the Rajiv Yuva Shakthi (RYS) program for providing self-employment to unemployed youth is going on at a snail's pace in East Godavari for the last couple of years. Lack of interest by bankers in providing funds for the scheme due to poor repayments by beneficiaries is said to be the main reason behind slow implementation. The employment and training program which is known as Setraj, later shifted its operations to Kakinada the district headquaters.
The selection of beneficiaries begins in June-July each year and the unit begin working from October-November. The units selected are provided with advances by the banks. In addition to this, the government provides subsidy. In the present 2009-10 year, 1,281 units were selected in the district. It is said that the The Setraj distributes the subsidy as per the eligibility of the beneficiaries. Though the year ended, nothing has been started. It is said that the bankers are not showing interest on the scheme, as repayments to the advances provided earlier were not to their expectations.
The selection of beneficiaries begins in June-July each year and the unit begin working from October-November. The units selected are provided with advances by the banks. In addition to this, the government provides subsidy. In the present 2009-10 year, 1,281 units were selected in the district. It is said that the The Setraj distributes the subsidy as per the eligibility of the beneficiaries. Though the year ended, nothing has been started. It is said that the bankers are not showing interest on the scheme, as repayments to the advances provided earlier were not to their expectations.
Mobile phone banking Posted on 11-Jan-2010
Kakinada, Jan 10th: The State Bank of India (SBI) launched mobile banking for the benefit of its customers recently. Under this system the savings bank account holder can obtain the details of balance in the account, transfer of funds from one account to another, payment of mobile phone and other bil...
No distance classes for B.Tech Posted on 11-Jan-2010
Hyderabad, Jan. 9: Technical education institutions will not be allowed to offer BE/BTech courses through distance education mode from the ensuing academic year. However, they can continue to offer MBA/MCA courses through distance mode. At present, several state universities including the Jawaharlal ...
TV channel editors jailed Posted on 11-Jan-2010
Hyderabad, Jan 9th: A magistrate Saturday jailed two editors of Telugu television channel TV 5 for two weeks for airing an unsubstantiated story about an alleged conspiracy behind the death of former Andhra Pradesh chief minister Y.S. Rajasekhara Reddy in a chopper crash. Crime Investigation Departme...
Additional buses for Sankranti Posted on 12-Jan-2010
Kakinada, Jan 11th: In view of the Sankranthi festival APSRTC has deployed 200 additional bus services from district to various destinations in the state. However the number was low against 409 buses operated during last year Pongal. The RTC department says that the extra bus services dwindled to alm...
Eligible to get houses in February Posted on 12-Jan-2010
Hyderabad, Jan 11th: All eligible people will be sanctioned houses under the INDIRAMMA scheme during February, Andhra Pradesh Housing Minister C Silpa Mohan Reddy said on Monday. Realizing the vision of late Chief Minister Y S Rajasekhara Reddy to provide houses to all on saturation basis, all those ...
Huge petitions to grievance cell Posted on 12-Jan-2010
Kakinada, Jan 11st: Huge number of petitions were received at the grievance cell conducted by the district administration here at District Water Management Agency (DWMA) on Monday. Nearly 250 petitions were received by the authorities relating to several issues. On the other side nearly 20 phone call...
<< Previous : Polio drops at door step
Mobile phone banking : Next >>
