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VC reviews performance of KVIB

The meeting was informed that under PMEGP, Rs 3870.67 lakh of margin money has been disbursed among 1857 applications, while as under JKR EGP, Rs. 875.16 lakh of margin money has been disbursed among 338 applicants.

Post by on Tuesday, March 2, 2021

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Srinagar, Mar 02: Vice Chairperson J&K Khadi and Village Industries Board (KVIB), Dr. Hina Shafi Bhat reviewed the performance of PMEGP, JKREGP, NSSH and SFURTI clusters of Kashmir division here today. The review meeting was attended by the Secretary/CEO KVIB, Deputy CEO KVIB Kashmir Division, Deputy CEO KVIB Jammu Division and District Officers of Kashmir Division.

The meeting was informed that under PMEGP, Rs 3870.67 lakh of margin money has been disbursed among 1857 applications, while as under JKR EGP, Rs. 875.16 lakh of margin money has been disbursed among 338 applicants.

The meeting was also informed that under SFURTI, six clusters have been approved in Kashmir division, out of which two CFC clusters stand functional at Ranipora, Anantnag and Rudbugh, Budgam.

The VC stressed upon the District Officers to persuade bankers to clear all the pending applications and at their respective bank branches before sponsoring fresh cases. She exhorted the officers to keep close liaison with beneficiaries and support them till establishment of their units and that they should strictly follow PMEGP/JKREGP guidelines while processing new applications.



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