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J&K KVIB is flying high

J&K KVIB is flying high

The J&K Khadi & Village Industries Board headed by hard working Vice Chairperson Dr Hina Bhat is playing a pioneering role in creating employment opportunities for unemployed educated youth, artisans and workers in Jammu & Kashmir. The cutting and tailoring units, boutiques and Khadi institutions sponsored by Board manufactured more than 11.00 lakhs cotton masks and Personal Protection Kits for government agencies, security forces and common people from April to June 2020 and stood with nation in fighting against COVID 19 thereby creating employment opportunities for more than 10500 man days of work for artisans during the difficult period of lock down.

Board is implementing Prime Minister's Employment Generation Programme (PMEGP) and Jammu and Kashmir Rural Generation Programme (UKREGP) in Jammu and Kashmir, which aims at channelising the talent and energy of educated unemployed youth and workers for establishment of micro industrial units thereby creating Employment employment opportunities and invigorating the local economy. The PMEGP is a central sector credit scheme, wherein the Government provides subsidy to the tune of 15 to 35% of Project cost whereas, JKREGP is a State sector Credit scheme introduced by Jammu and Kashmir Government, which provides subsidy to the tune of 35% of the Project Cost to educated unemployed youth in age group of 18 to 40 years.

During last two years 4452 numbers of units have been established under PMEPG, thereby creating employment opportunities for 30644 number of persons and Ministry of MSME has released subsidy/Margin Money of Rs. 8961.86 lakhs. Under JKREGP, 1260 number of units has been established during last two years thereby creating employment opportunities for 7560 numbers of persons and the Jammu and Kashmir Government has released subsidy/Margin Money to the tune of Rs. 3014.13 Lakhs.

In the current financial year 1981 cases have been sanctioned by the Banks under PMEGP involving the Margin money of Rs. 4413.54 lacs, envisaging generation of employment opportunities for 15900 persons; whereas, 664 cases have been sanctioned under JKREGP involving Marin money of Rs. 1814.51 lacs, thereby envisaging creation of employment opportunities for 3984 persons.Both these schemes are completely online and whole procedure of applications processing and release of Margin Money is effected on PMEGP and J&K REGP web portals respectively.

With a view to make the traditional Industries competitive and traditional goods customer savwy, Jammu and Kashmir Khadi & Village Industries Board is at present establishing nine clusters under the scheme of funds for traditional Industries (SFURTI) with the Project outlay of Rs. 2275 lacs. Beekeeping and Handicrafts have been selected as thrust areas of activities by the Board under SFURTI. Of these nine clusters, five clusters are being established under Beekeeping activity and four are being established under handicraft in various Districts of Jammu and Kashmir. Thousands of Handicraft artisans and Beekeepers shall be provided training to improve their skill Set, improve design motifs, Raw material Bank facilities and marketing support by establishing these SFURTI clusters.

Under National Scheduled Caste Scheduled Tribe Hub (NSSH) programme of MoMSME Entrepreneur Development Programme (EDP) training has been imparted to 388 SC/ST candidates, out of which 293 aspirant entrepreneurs have been provided subsidy to the tune of Rs. 717.85 lacks under PMEGP/JKREGP. Besides, 166 SC/ST candidates have been provided Skill Development training through ITIs under various trades. 

By OECEL News Bureau 

J&K KVIB is flying high

J&K KVIB is flying high

The J&K Khadi & Village Industries Board headed by hard working Vice Chairperson Dr Hina Bhat is playing a pioneering role in creating employment opportunities for unemployed educated youth, artisans and workers in Jammu & Kashmir. The cutting and tailoring units, boutiques and Khadi institutions sponsored by Board manufactured more than 11.00 lakhs cotton masks and Personal Protection Kits for government agencies, security forces and common people from April to June 2020 and stood with nation in fighting against COVID 19 thereby creating employment opportunities for more than 10500 man days of work for artisans during the difficult period of lock down.

Board is implementing Prime Minister's Employment Generation Programme (PMEGP) and Jammu and Kashmir Rural Generation Programme (UKREGP) in Jammu and Kashmir, which aims at channelising the talent and energy of educated unemployed youth and workers for establishment of micro industrial units thereby creating Employment employment opportunities and invigorating the local economy. The PMEGP is a central sector credit scheme, wherein the Government provides subsidy to the tune of 15 to 35% of Project cost whereas, JKREGP is a State sector Credit scheme introduced by Jammu and Kashmir Government, which provides subsidy to the tune of 35% of the Project Cost to educated unemployed youth in age group of 18 to 40 years.

During last two years 4452 numbers of units have been established under PMEPG, thereby creating employment opportunities for 30644 number of persons and Ministry of MSME has released subsidy/Margin Money of Rs. 8961.86 lakhs. Under JKREGP, 1260 number of units has been established during last two years thereby creating employment opportunities for 7560 numbers of persons and the Jammu and Kashmir Government has released subsidy/Margin Money to the tune of Rs. 3014.13 Lakhs.

In the current financial year 1981 cases have been sanctioned by the Banks under PMEGP involving the Margin money of Rs. 4413.54 lacs, envisaging generation of employment opportunities for 15900 persons; whereas, 664 cases have been sanctioned under JKREGP involving Marin money of Rs. 1814.51 lacs, thereby envisaging creation of employment opportunities for 3984 persons.Both these schemes are completely online and whole procedure of applications processing and release of Margin Money is effected on PMEGP and J&K REGP web portals respectively.

With a view to make the traditional Industries competitive and traditional goods customer savwy, Jammu and Kashmir Khadi & Village Industries Board is at present establishing nine clusters under the scheme of funds for traditional Industries (SFURTI) with the Project outlay of Rs. 2275 lacs. Beekeeping and Handicrafts have been selected as thrust areas of activities by the Board under SFURTI. Of these nine clusters, five clusters are being established under Beekeeping activity and four are being established under handicraft in various Districts of Jammu and Kashmir. Thousands of Handicraft artisans and Beekeepers shall be provided training to improve their skill Set, improve design motifs, Raw material Bank facilities and marketing support by establishing these SFURTI clusters.

Under National Scheduled Caste Scheduled Tribe Hub (NSSH) programme of MoMSME Entrepreneur Development Programme (EDP) training has been imparted to 388 SC/ST candidates, out of which 293 aspirant entrepreneurs have been provided subsidy to the tune of Rs. 717.85 lacks under PMEGP/JKREGP. Besides, 166 SC/ST candidates have been provided Skill Development training through ITIs under various trades. 

By OECEL News Bureau 

J&K KVIB is flying high

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