Jammu & Kashmir Receives 72 Credit Cards Under New Micro‑Enterprise Scheme

The Lok Sabha session saw the announcement of a new micro‑enterprise scheme aimed at boosting small businesses in Jammu and Kashmir. The government has been allocated 72 credit cards to support entrepreneurs. These cards are intended to provide working capital to micro‑entrepreneurs, enabling them to purchase inventory, invest in equipment, and expand their operations. Officials said the cards will be distributed to eligible business owners after a verification process. The allocation is expected to help thousands of small enterprises secure necessary funding without the need for traditional bank loans. The move comes amid ongoing initiatives to strengthen the state’s economy post‑reorganization. Stakeholders anticipate that the credit cards will enhance financial inclusion and drive job creation across Jammu and Kashmir.