In order to facilitate entrepreneurs who wish to avail MUDRA Loans for setting up small business in and around Noklak town, the office of the Additional Deputy Commissioner, Noklak has expressed the desire to help prospective and serious entrepreneurs.

Micro Units Development and Refinance Agency Ltd. (MUDRA) is an NBFC supporting development of micro enterprise sector in the country. MUDRA provides refinance support to Banks / MFIs / NBFCs for lending to micro units having loan requirement upto 10 lakh. MUDRA provides refinance support to micro business under the Scheme of Pradhan Mantri MUDRA Yojana.

In an release the Noklak district Administration has stated that “we wish to conduct interview for aspirant entrepreneurs and help them in preparing the Detail Project Report which would be forwarded to Bank to avail loans up to an amount two lakhs under ‘Kishor programme”.

Application can be collected from ADC office from 18th to 22nd November and the date of interview will be from 25th to 28th November. It is also suggested trades such as tailoring shop, boutiques, saloons, cobbler, bakery, fast food, photocopying etc can be planned and conceived.

Mudra loan is extended for a variety of purposes which provides income generation and employment creation in manufacturing, services, retail and agri. allied activities.