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“This pro-people move by the state government has given a big relief to the SC youth,” a state government statement quoted Dharmsot as saying.
The minister for social justice, empowerment and minorities said the Punjab government has decided to waive up to Rs 50,000 for all kinds of loans taken by SC youths for self-employment from the Scheduled Castes Development and Finance Corporation.
Dharmsot said these loans are given by the corporation to SCs and persons with disabilities at low interest rates.
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The minister said it was decided to waive the loans of the youth to get them out of this problem.