STATE TIMES NEWSKATHUA: The J&K Scheduled Castes, Schedule Tribes and other Backward Classes Development Corporation on Thursday signed a Memorandum of Understanding (MoU) with National Minorities Development and Finance Corporation (NMFDC), New Delhi which is an apex Corporation of the Government of India. The MoU was signed by Chairman-cum-Managing Director of NMFDC, Mohd Shahbaz Ali and Dr. Bharat Bhushan, Managing Director, J&K SC, ST, OBC Development Corporation in SCOPE Complex, New Delhi. The MoU has been signed to further implement the schemes of the Apex Corporation in Jammu & Kashmir to raise the Socio-Economic profile of the Minorities of the state. The Apex Corporation released an amount of Rs 1.50 crore on the occasion in favour of J&K Corporation to implement the schemes of the Minorities. Dr. Bharat Bhushan, while appreciating the immediate release of Financial assistance to J&K State, apprised the Managing Director of NMDFC that the State corporation has submitted an action plan to the tune of Rs.19 crore for current financial year to Apex Corporation and requested for further release of funds to State. Mohd Shahbaz Ali assured that they will release further funds to the State to give fillip to Development of Minorities in the state for which Union Government is making all our efforts. Earlier in the Day, Dr. Bharat Bhushan also attended the silver Jubilee Function of NMFDC in which Union Minister for Minorities Affairs Mukhtiar Abbas Naqvi also participated. The Manging Director, senior officials from 29 states and Union Territories participated in the celebration. Mohd. Iqbal Kataria, DGM projects and Babbar Wani, AAO of the State were present during these celebration.
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