26 projects from Nahan and Paonta Sahib cleared, sent to banks for funding

Projects of 26 candidates were selected for funding under the Mukhmantri Swavalamban Yojna from Nahan and Paonta Sahib development blocks in Sirmaur district today.

A committee headed by Deputy Commissioner Sirmaur RK Gautam selected these 26 projects worth Rs 3.62 crore. These business ventures comprised purchase of small goods vehicle, setting up of beauty parlours, fitness gyms, restaurant, , auto workshop, testing lab, etc. Out of the 60 candidates, who had applied, 26 projects have been cleared today and the bankers have also agreed to finance them, informed Gautam.

The State Government has enhanced the Investment limit to Rs 1 crore from Rs 60 lakh under this scheme where 25 to 35 per cent subsidy is granted by the government.