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Sunday, 05 February 2023 09:12 GMT

J&K Govt Committed To Develop Micro-Industrial Sector In UT: KVIB


(MENAFN- KNN India) J&K govt committed to develop Micro-Industrial Sector in UT: KVIB

Anantnag, Dec 1 (KNN) The Jammu and Kashmir government is committed to extend every type of hand-holding support to aspiring entrepreneurs for the development of the Micro-Industrial Sector in UT of J&K, said Hina Shafi, Vice Chairperson, Khadi and Village Industries Board (KVIB).



Addressing the awareness camp cum interaction programme organised by KVIC in Kokernag on Wednesday, Shafi gave a brief of details about various initiatives being taken up by the Government with regard to promoting“Ease of Doing Business”.

She highlighted the overall performance of J&K KVIB under PMEGP scheme in Anantnag and said that 250 units have been established involving Margin Money (Subsidy) of Rs 4.24 crores during the current financial year.

Elaborating on the importance of conducing the awareness programme, Shafi pointed out that the main objective of the programme was to make the unemployed educated youth and aspiring entrepreneurs as partners in the economic development of the UT of J&K thereby improving their standard of living.

Underlining the need for inculcation of market-oriented skills among youth, she reiterated that the Board is working in this direction and craft & skill development programmes are being undertaken in various districts of UT of J&K.

She further said that due to the efforts of the Lt. Governor of UT of J&K, the mandate of the PMEGP to J&K KVIB has been extended to the Urban Areas also and further the quantum of the finance under Manufacturing & Service centre has been enhanced to Rs 20 lacs and Rs 50 lacs respectively so that the enough finances are provided to the unemployed educated youth and entrepreneurs to create jobs/ employment in the rural as well as urban areas.

During the programme, the Skill Development Training certificates were distributed to the trainees who attended the workshop.
(KNN Bureau)

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