KVIB BoD Meet: Village, micro industries to create employment for educated youth, says B B Vyas

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SRINAGAR: Advisor to the Governor, B B Vyas on Friday said that village and micro industries sector had huge potential to create employment opportunities for the educated unemployed youth of the state and directed for extending handholding support to the educated unemployed youth of the state, so that they can avail benefits from various schemes being implemented under the purview of Khadi and Village Industries sector.
“Village and micro industries sector is a vibrant sector and has potential to generate employment opportunities, hence youth of the state must come forward to avail the benefits,” Vyas said.
He was speaking at the Board of Directors (BoD) Meeting of J&K Khadi and Village Industries Board (JKKVIB).
According to an official handout, the advisor was informed that the state government appointed JKKVIB as Nodal Agency for implementing J&K Rural Employment Generation Programme (J&K REGP). The scheme aims to harness and divert the energy of the youth of the state for establishment of productive enterprises in micro industrial sector.
“The state government has set a target for the establishment of 1,500 village industries units involving Margin Money of Rs 50 crores, thereby creating employment opportunities for 9,000 educated unemployed youth in the age group of 18-40 years,” read the handout.
Under Prime Minister’s Employment Generation Programme (PMEGP), JKKVIB has successfully established 1,287 units, involving Margin Money of Rs 2512.18 lacs during the current financial year against the target of 797 units involving Margin Money of Rs 1,992.50 lacs, it read.
It was revealed that 10 clusters have been approved under Scheme of Funds for Regeneration of Traditional Industries (SFURTI) by the Ministry of MSME, GoI.
Secretary/CEO, JKKVIB apprised the BoD that bee keeping and processing and cultivation of aromatic and herbal medicinal plants have been selected as thrust areas of activities. “Around 6,800 artisans shall be provided benefits under soft, hard and thematic interventions in these clusters having financial involvement of Rs 24.46 crores,” he said.
JKKVIB has also been designated as the Nodal Agency in J&K for the implementation of National Scheduled Caste Scheduled Tribe Hub (NSSH) scheme, which is an initiative of the Government of India to develop a supportive ecosystem to focus on the growth of SCST MSMEs, the handout further read.
BoD was apprised that awareness and sensitization programmes have been carried out in all the districts of the State under NSSH scheme and SCST MSMEs data has been collected and compiled.
The advisor said that there was a huge scope to organise the traditional and village industries on modern and scientific lines to make them productive and competitive.
B B Vyas directed the officers of the board to reinforce Rural Industries Consultancy Services (RICS) Cell, so that project reports may be prepared by the board itself under village industries, the handout added.