JKKVIB sets up 1,287 business units under PMEGP this fiscal
SRINAGAR: For catalysing the employability of youths and giving fillip to the economy of the state, Advisor to Governor, B B Vyas on Saturday called for creating mass awareness about the schemes and programmes being implemented by the Jammu and Kashmir Khadi and Village Industries Board (JKKVIB).
The advisor was addressing officers during the 103rd Board of Directors meeting of JKKVIB here.
Principal Secretary, Industries and Commerce, Shailendra Kumar and Secretary Rural Development and Panchayati Raj, Sheetal Nanda were also present at the meeting.
According to an official handout, B B Vyas directed the board to “take greater social responsibility” of providing information to people about loans and other monitory benefits being provided by it for potential entrepreneurs.
Vyas said that JKKVIB has been playing a pivotal role in promoting Khadi and Village Industries business and ensuring sustainable development in the state.
He said the board has to take greater responsibility of providing subsidised loans and training programmes to new entrepreneurs to uplift their income, read the handout.
Vyas directed the board officers to reinforce Rural Industries Consultancy Services (RICS) Cell, so that project reports may be prepared by the board Itself under Village Industries. He also directed the officers to “extend handholding support to the educated unemployed youth of the state”, so that they could avail benefits from various schemes being implemented under the purview of Khadi and Village Industries sector, it further read.
The state government appointed JKKVIB as Nodal Agency for implementing Jammu and Kashmir Rural Employment Generation Programme (J&K REGP). The scheme aims to harness 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.
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.
Awareness and sensitisation programmes have been carried out in all the districts of the State under NSSH scheme and SCST MSMEs data has been collected and compiled, it added.