The Sindhu Infrastructure Development Corporation (SIDCO), Leh, convened its first Project Implementation Committee (PIC) meeting on March 7 under the chairmanship of Deputy Commissioner, Leh, Santosh Sukhadeve. The meeting marked a significant step toward promoting employment and self-reliance among Minority and Scheduled Tribe communities in Ladakh.

Committee members in attendance included Sonam Norbo, Senior Manager, SIDCO; A.G. Zargar, General Manager, DIC Leh; Delex Namgyal, Deputy Director, Employment Leh; Tsering Wangmo, Lead Bank Officer, Leh; Inzar Ahmed Rana, ARTO Leh; and Stanzen Paksang, District Manager, SIDCO Leh.

During the session, the committee unanimously recommended 25 out of 65 applicants for loan sanction under the National Minorities Development & Finance Corporation (NMDFC) and the National Scheduled Tribes Finance & Development Corporation (NSTFDC) schemes. These initiatives aim to foster employment generation in the region.

Additionally, the committee decided to clear all pending loan cases registered under the erstwhile J&K Government. With this resolution, SIDCO is set to officially commence loan sanctioning in both Leh and Kargil districts.

Eligible applicants seeking financial assistance under these schemes are encouraged to contact SIDCO offices in Leh and Kargil for registration and further details.