UBI Provides Bank Loans To Convicts In Alipore Jail

Uttar Pradesh, India (PressExposure) July 29, 2009 -- The United Bank of India (UBI) granted the bank loan of Rs. 30,000 to ten convicts, put up in Alipore jail. The loan was provided so as to make them more self-dependent. If the initiative come out to be fruitful in Alipore jail, the same will be followed in all central correctional homes in state.

The convicts have set up their self help group (SHG) inside the prison. With the help of UBI bank loan coupled with some funds by the convicts themselves, the SHG has set up a canteen inside the jail premises.

B.D Sharma, IG (prisons), stated that this is a proud moment for the convicts of the Alipore jail. It is first time ever, any bank in the country have given out loan to convicts. For the first time, the convicts have ever been allowed to start any SHG group to set up their own businesses.

Prison Minister, Biswanath Chowdhary stated, that the convicts are very happy to receive the loan from UBI bank, who are considered outcasts by the society. The convicts will be paying back the loan amount to the bank from the profit they will earn from the canteen.

As stated by Sharma, this step is taken to help inmates earn a sufficient amount of money to support their families. The canteen will have all the facilities provided by a normal canteen including tea and coffee, so that the convicts can have them whenever they feel like.

A similar SHG called Disha is also ready to get move forward with alike vision in another jail.

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Press Release Submitted On: July 29, 2009 at 7:33 am
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