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HP Govt Announces ‘Loan Scheme’ for Hospitality Sector, Know Who is Eligible, How to Apply

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HP Govt Scheme Interest Subvention on Working Capital Loan

Shimla-HP Government has announced a scheme for Interest Subvention on Working Capital Loan for Hospitality Sector in view of the COVID-19 pandemic, informed the Director of Tourism and Civil Aviation, Yunus Khan on July 7, 2020. It implies that the government would be paying a part of the interest on the loan or offering subsidy on the interest. 

Yunus said that the Government has notified the scheme for Tourism sector for providing loan to working capital for immediate needs. The rate of interest fixed is a maximum of 11 percent per annum on a monthly compounded basis. 

The interested registered tourism units can avail the benefit of the scheme till March 21, 2021, from the date of notification of this scheme.

The loan would have to be repaid in four years including initially two years of interest subvention and also includes the initial one year of the moratorium. In the first two years of the repayment of the loan, 50 percent of the interest amount will be reimbursed by the State Government at the end of these respective years, whereas the remaining two years interest will be paid by the borrower himself.

How to Apply

Yunus further said that the interested tourism unit operators may apply for working capital loan with District Tourism Development Officer in the State. The concerned Deputy Director/DTDO/ATDO would sponsor the case to the Bank for a loan. Under this scheme, they may avail the facility of loan from State Cooperative Banks viz: HP State Cooperative Bank, Kangra Central Cooperative Bank and Jogindra Central Cooperative Bank and Commercial Banks.

Eligibility

First criteria is that a unit must be registered with the Government. Further, the criteria of eligibility would be based on an tourism unit’s GST payment history. However, small registered units who are not covered under GST would be eligible under the said scheme at Rs. 1.5 lakhs per room subject to a loan of a maximum of Rs. 15 lakhs.

If the registered unit has paid average GST of upto rupees one crore per year, then he would be entitled to a working capital loan of Rs. 50 lakhs and for GST payment of above rupees one crore and upto rupees three crores, the unit can avail loan of Rs 75 lakhs. Units with GST payment of above Rs. three crores, can avail loan of Rs. 100 lakhs.

 

Misc News/Press Release

Himachal: 69 New COVID-19 Cases Including 27 from Solan, 10 from Shimla

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Shimla-covid-19 cases

Shimla-The number of confirmed COVID-19 cases in Himachal Pradesh on Sunday crossed the 2700 mark with the appearance of 69 new cases. These cases include two policeman, army personals, migrant labourers and some other locals.The number of active cases has now risen to 1115.

According to the State Health Department, Solan reported the highest 27 cases. Majority of these include workers in the Baddi-Barotiwala-Nalagarh (BBN) area and contacts of COVID-19 positive persons. Most of these 27 persons weren’t quarantined, which is a matter of concern.

The capital Shimla reported 10 cases, of which five were said to be migrant labourers in Rampur. Shimla city reported three cases including an employee of the General Post Office, Shimla. What’s worrying about this case is the fact that the sample of this woman was taken in flu OPD after she visited the Indira Gandhi Medical College & Hospital, Shimla. The woman has been mobile and used public transport too. Her travel history is yet to be traced. The CMO, Shimla, Surekha Chopra confirmed the report. There was no report regarding the sealing of the GPO or other places the woman had visited. But her residence at crowded Sanjauli locality was sealed. Two other cases were reported from Kasumpti and Bharari areas. Details regarding the remaining two were awaited. The COVID-19 case tally of Shimla has now reached 178 with two deaths.

Remaining cases were reported from Kangra (8), Chamba (4), Hamirpur (6), Mandi (11), Sirmaur (1), and Bilaspur (2).

So far, Solan has reported the highest 690 confirmed cases, followed by Kangra (476), Sirmaur (346), Hamirpur (313), Una (217), Shimla (178), Mandi (183), Bilaspur (101), Kinnaur (45), Kullu (37), and Lahaul-Spit (4).

HP Health Department’s COVID-19 Bulletin August 2, 2020 (9PM)

 New cases in Shimla

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Campus Watch

Nauni Varsity UG Admission Process Revised, No Entrance Exam, Seats to be Allotted on 10+2 Merit

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Solan-uhf nauni ug admissions 2020-21 session

Solan-Dr YS Parmar University of Horticulture and Forestry (UHF), Nauni has revised the admission process for its undergraduate programmes for the academic session 2020-21 in view of the COVID 19 pandemic. This year, the university will not be conducting an entrance test to fill the normal seats of UG programmes. The decision in this regard was taken during a special meeting of the Academic Council meeting held recently.

The basis of admission for normal seats would be merit drawn on basis of marks obtained at 10+2 level examination in four subjects-English, Physics, Chemistry and Biology/ Mathematics plus weightage of participation in sports/ NCC, NSS, scouting, co-curricular activities (if any). The university offers three undergraduate programmes B Sc (Hons) Horticulture, B Sc (Hons) Forestry while B Tech Biotechnology is offered only at the COH&F Neri. 

The candidates have been advised to download the counselling proforma from the university website and fill it as per the instructions mentioned on it. Those students who want to be considered for both normal as well as self-financing seats need to fill two separate proformas. A single page pdf file must be created, containing scanned filled counselling proforma along with legible documents mentioned in the checklist as provided in the counselling proforma. No column must be left blank. The counselling proforma for normal seats and self-financing seats will be uploaded on the university website on 3rd August (afternoon) and 5th August (afternoon) respectively.

For normal seats: The scanned pdf file must be sent through email to [email protected] on or before 18th August, 2020.

For self-financing seats: The scanned pdf file must be sent by email to [email protected] on or before 20th August, 2020. Every candidate must submit the duly filled counselling proforma in order to be considered for the admission. The detailed notification can be downloaded from the university website.

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Misc News/Press Release

HP Cabinet Minister Portfolios Re-shuffle – Reward to Loyalists, Warning to Dissenting Voices Within Party

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New Hp Cabinet Minister portfolios

Shimla: The portfolios of Himachal Pradesh Cabinet Ministers were re-shuffled extensively along with the induction of three new Ministers – Rakesh Pathania, Sukh Ram, and Rajinder Garg. Newly inducted Ministers in the HP Cabinet had taken the oath of office and secrecy in a ceremony held at Raj Bhawan on July 30, 2020. 

Sukh Ram Chaudhary, MLA from Paonta Sahib Assembly constituency, Rakesh Pathania from Nurpur, and Rajinder Garg of Ghumarwin constituency took oath as Cabinet Minister.

While the shuffle is being justified by claiming that it was a punishment for not performing well, this opportunity has also been used to discourage dissent within the party and reward loyalists. Earlier governments have also re-shuffled portfolios during their reign, but not upto the extent it has been done this time.

Also Read: HP Cabinet’s Three Newly Inducted Ministers Take Oath

Chief Minister Jairam Thakur was heard warning ministers earlier regarding the possible changes, but the possible resentment did not allow it. However, the opportunity to fill up all positions in the Cabinet has also been used to re-shuffle portfolios of other ministers as well.

The Ministries of  Education, Forest, Health & Family Welfare, and Transport are some of the most important portfolios which have been shuffled. Further, the Chief Minister has decided to retain other important portfolios and all others that are not allocated to anyone.

HP Cabinet Minister Portfolios After Re-shuffle

Name

Ministry 

Departments 

Jairam Thakur Chief Minister Finance, General Administration, Home, Planning, Personnel, Public Works Department, Tourism, Excise & Taxation, All other departments not alloted to any other minister.
Mahender Singh Thakur Jal Shakti Minister Jal Shakti, Revenue, Horticulture, Sainik Welfare
Suresh Bhardwaj Urban Development Minister Urban Development, Town &Country Planning, Housing, Parliamentary Affairs, law & Legal Remembrance, Co-operation
Sarveen Chaudhary Social Justice & Empowerment   Social Justice & empowerment
Ram Lal markanda Technical Education Minister Technical Education, Vocational & Industrial Training, Tribal Development, Information Technology, Redressal ofPulbic Grievances
Virender kanwar Rural Development & panchayati Raj Minister Rural Development, Panchayati Raj, Agriculture, Animal Husbandry, Fisheries
Biram Singh Industries Minister Industries, Transport, Labour & Employment
Govind Singh Thakur Education Minister Higher Education, Elementary Education, Language, Art & Culture
Rajiv Saizal Health & Family Welfare Minister Health & Family Welfare, Ayurveda
Sukh Ram MPP & Power Minister MPP & Power, Non-Conventional Energy Sources
Rakesh Pathania Forest Minister Forest, Youth Services & Sports
Rajinder Garg Food Civil Supplies & Consumer Affairs Minister Food Civil Supplies & Consumer Affairs, Printing & Stationary

 

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