By Mayukh Goswami
Mangaldai : Much to the delight of the large no of unemployed youths of Darrang district bank loan sanction letters to altogether 377 nos of selected young beneficiaries to start a new business or expansion of his existing business have been distributed in the district under the Swami Vivekananda Assam Youth Empowerment Mission (SVAYEM) . In this connection a public function was organized by the District Industries and Commerce Centre (DICC) at District Library auditorium , Mangaldai on Thursday where several invited guests including Legislators of Mangaldai and Sipajhar Gurujyoti Das and Binanda Kr Saikia respectively , Additional Deputy Commissioner Kalpana Deka , Lead Bank Manager Pradip Goswami , prominent industrialist Anupam Deka and Chairman of Mangaldai and Kharupetia Municipal Boards Manik Sil and Krishna Saha respectively ceremonially distributed sanction letters of relevant bank loans each amounting to fifty five percent of the total business project against twenty percent govt subsidy and the rest twenty five percent for investment by the beneficiary himself . The speakers in their addresses to the beneficiaries hoped that the loan amount will be properly utilized by the beneficiaries for self employment and will also repay it on time . Earlier General Manager , DICC , Darrang Hema Deuri explained the objectives of the function .
