VC KVIB reviews progress on various Board schemes

Srinagar:  Vice Chairman J&K Khadi and Village Industries Board (KVIB) Mansoor Hussain Soharwardhy Tuesday convened a meeting here to review the performance of the Board.

Secretary/CEO KVIB Rashid Ahmad Qadri, Deputy Chief Executive Officer KVIB Kashmir Division and District Officers of KVIB Kashmir Division and other concerned attended the meeting.

The Vice Chairman was briefed about the progress on different fronts of KVIB programmes. He was informed that the targets fixed under PMEGP by the KVIC in respect of Kashmir division involving 948 cases and the margin money of Rs 18.74 crore stands achieved on date.

Speaking on the occasion, Soharwardhy stated that programmes implemented by the Board especially under PMEGP have caught the imagination of the educated unemployed youth of the state. He further said that a large number of young entrepreneur aspirants are approaching the Board for financial assistance to set up their own income generating units.

Later, the VC visited Martand chain stitch cluster Anantnag to take first-hand progress on the said cluster. The district officers were advised to provide more and more handholding support to the unemployed youth and get more cases sanctioned from the banks so that Ministry of MSME can be approached to release further funds under margin money for the State this fiscal.

The VC also informed that the Hard and Soft interventions of two clusters under SFURTI namely, Martand chain stitch & crewel embroidery cluster Anantnag and Sukhnagsozni embroidery heritage cluster, Budgam is going on simultaneously.

A delegation of the Kashmir Chamber of Commerce and Industry led by  Senior Vice President Nasir Hamid Khan held a detailed meeting with Dr Shamim Ahmad Wani, Addl Commissioner, Commercial Taxes, Kashmir.

The issue of demands/notices to assessee’s regarding Input Tax Credit for the post flood period was discussed in light of the pre-budget proposal given by the Kashmir Chamber of Commerce and Industry to the Minister for Finance seeking budgetary provision.

The delegation also included Sheikh Imran Treasure, Fayaz Ahmad, Majid Aslam Wafai, Zahoor Kitab, Usman Fazl, Ghulam Geelani Gani and others.

Members discussed various issues confronting the traders and Dr. Shamim Ahmad Wani very patiently explained the viewpoint of the Department.

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