NSTFDC signs MoU with APSCABL

National Schedule Tribe Finance and Development Corporation (NSTFDC), a government of India undertaking today entered into a Memorandum of Undertaking (MoU) with Arunachal Pradesh State Cooperative Apex Bank Limited (APSCABL), appointing APSCABL the additional channelising agent for various schedule tribe related programmes for Arunachal Pradesh.
Participating in the MoU signing function, Chief Minister Nabam Tuki termed it a red letter day for the state and exuded hope that the two agencies would cater to the needs of the tribal populace of the state.
While welcoming the novel decision of NSTFDC for appointing Apex Bank as the additional channelising agent, the CM exuded confidence that with the entire 32 branches of the cooperative apex bank located mainly in remote areas, the basic objective of the corporation to support people at situ for employment generation and raise their level of income would be achieved.

"My Government is conscious that we need to create rich pool of human capital to address the concern of unemployment amongst our youths. You all will appreciate that we have created a separate department for Skill Development and Employment Generation to address the problem of unemployment and under employment in the state," Tuki said.
He further disclosed that Employment Generation Council and the State Skill Development Council have been constituted with an objective to provide skills and then identify gainful employment opportunity for the youths.
"One lakh jobs by the end of the 12th Five Year Plan is the target for the State and till date we have successfully employed 31048 youths," a visibly happy Tuki said.