Interviews for the candidates under the scheme began at the Chamarajendra Technical Institute and were conducted by Randeep. Speaking after the interview, he said that self employment is better than any private or government jobs. The central government’s scheme should help the needy to establish their own firms and provide employment to others. He also called upon youth to make the best use of the scheme.
K N Shivalingaiah, General Manager of Lead Bank, said that district-wise Prime Minister’s employment generating programme is conducted every year. Previous year, 104 candidates were selected and subsidy was provided to begin their establishments. This year 68 candidates have been selected. Under the scheme, the government will provide subsidy for the loans taken by the candidates to start their own business. “Training will be provided for the selected candidates on how to return the loan amount,” he said.
Almost 600 applications were received from the DIC, KVIB and KVIC departments out of which 28 from DIC, 20 from KVIB and 20 from KVIC were selected.
Ramakrishnegowda, K N Shivalingaiah and other bank officials were present.