JKPM leader Feroz Peerzada hails JK Bank authorities for opening its Business Unit in Dangerpora

Asks people to avail lending facilities for achieving economic self reliance.

Sopore,June 27:- Senior Executive member of JkPM Feroze Peerzada has conveyed his thanks to the Chairman of JK Bank for opening Business Unit of the prestigious Jammu and Kashmir Bank in Dangarpora Sopore. He said opening of a J&K Bank Branch in Dangerpora Sopore ,which is a business hub in South Kashmir, was a long pending demand of the local populace and traders community.

In a statement issued on Thursday Feroz Peerzada, while hailing JK Bank authorities for acceding to his request about opening of JK Bank Business Unit at Dangerpora,has said that it would provide a big relief to the general public as well as traders to have banking facilities at their door steps. He said earlier, people of the area had to travel a long distance upto Sopore to reach the J&K Bank branch.He said availability of banking facilities near doorsteps would go a long way in the promotion of business and self employment opportunities in the respective areas . ” In fact, other premier Banking institutions especially Ellaqai Dehati Bank, Cooperative Bank and NABARD should also open their business units in Dangerpora to enable consumers to avail banking facilities at competitative rates.He said Dangerpora is primarily a horticulture and agriculture based area which has a vast fruit business potential.

Feroz Peerzada has asked the Banking institutions to create massive awareness among the fruit growers about post harvest technologies and provide them hassle free lending facilities to set up their own cold storage units, Grading and Packaging sheds besides purchasing modern agriculture machinery like power Tillers and multipurpose tractors to boost their business. He said there are various central and state government schemes for promotion and development of agriculture and horticulture based industries which offer special subsidy and concessions. He has enjoined upon the concerned officers and field agencies to launch a vigorous awareness campaign to educate farmers and fruit growers about various horticulture and agriculture promotion schemes in Vogue. He said shifting towards agriculture based business and trade on commercial lines was imperative to achieve economic self- reliance and financial autonomy.

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