Tribals get subsidised loans in Nirmal district

Nirmal: Utilise government schemes to develop financially, stated Forest and Environment Minister Allola Indrakaran Reddy on Friday.

He distributed loans under Rural Transport Scheme to 13 eligible beneficiaries in the village by tribal welfare department at Zilla Parishad in Nirmal district.

Addressing on the occasion, the Minister said that youth should utilise government welfare schemes. Under the scheme, 13 units out of 18 were sanctioned, each unit cost Rs 4, 76 000 and subsidy will be Rs 2, 88 000 and loan amount Rs.1, 38000 and beneficiary have to pay Rs 50,000 he said.

Government is providing subsidy to rural area youth to develop them financially, he added. Zilla Parishad chairperson Koripelli Viaya Laxmi, District Tribal Welfare Officer Srinivas Reddy, LDM Harikrishna, SBI manager Shiva Kumar and others were present.