AGARTALA
: To deal with the post-Covid crisis;
Tripura Gramin Bank
(TGB) has earmarked Rs 3,400 crore for loans to budding
entrepreneurs
in the next three quarters.
"The bank has decided emphasise on income generation and boost entrepreneurship development in the state. Agri-allied and micro small and medium enterprises will be given priority. Amounts of Rs 1,280 crore and Rs 1,300 crore have been earmarked for these sectors, respectively," chairman, TGB,
Mahendra Mohan Goswami
, said, announcing collateral-free loans.
Even branch heads have been asked not to ask for the service-holder guarantor in the government-sponsored schemes such as Swavalamban and prime minister's employment guarantee programme up to Rs 10 lakh. However, the bank will assess the viability of the project before sanctioning.
Tripura Gramin Bank, which started with a deposit of Rs 2.82 lakh in 1976, has reported profits from 2001-2002, and currently has a deposit of Rs 7,190.5 crore.
Earlier,
deputy chief minister Jishnu Dev Varma
, who holds the charge of finance, had said, "We have advised all commercial banks to ensure collateral-free loans to the entrepreneurs according to the decision of the central government. The state would not allow any deviation."
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