J&K Rural Employment Generation Programme

Srinagar, Feb 16: Deputy Commissioner (DC) Srinagar, Mohammad Aijaz Asad on Thursday gave approval to clear 28 cases under Jammu & Kashmir Rural Employment Generation Programme (JKREGP) thereby providing loan to eligible beneficiaries of the district for setting up income generating units.
He gave the approval during a meeting of the District Level Task Force Committee (DLTFC) which met here under his Chairmanship.
At the outset, the District Officer, KVIB Srinagar, Mohammad Rouf Wani submitted 30 proposals before the DLTFC for consideration of financial assistance from different banks to unemployed youth of the Srinagar District for setting up of income generating units including manufacturing & establishment of small units of Dairy, Sheep, Poultry, Grocery Stores, Readymade Garments, Cutting and Tailoring, Bakery, Automobile etc.
The Committee screened and scrutinised all the applications and approved 28 cases for credit linkage through financial institutions after detailed analysis of physical and financial viability of proposed projects and the entrepreneurial skills of the applicants. The units are expected to generate employment opportunities for over 100 unemployed youth in the district.
Speaking on the occasion, the DC stressed on the line Departments to bring more and more unemployed youth of Srinagar District under the ambit of Government schemes launched to generate maximum employment avenues.
The DC also stressed on the Bankers to ensure speedy disposal of these cases so that the aspiring unemployed youths are in a position to establish their income generating units without any difficulties.
He hoped that the units will go a long way in enhancing the socio-economic upliftment of the unemployed youth in Srinagar District.
The DC also urged the unemployed youth to come forward and avail the benefits of flagship schemes and programmes to earn livelihood with dignity and honour.
The JKREGP scheme is being implemented by Jammu & Kashmir Khadi and Village Industries Board (J&K KVIB) to harness the potential and enthusiasm of youth for establishment of productive enterprise in the Micro Industrial sector and to create employment opportunities. The scheme is also aimed to develop the entrepreneurial skills among the rural unemployed youth of the district through setting up of new self- employment ventures, projects, village industries enterprises.
The meeting was attended by Assistant Commissioner, Nazool, District Officer, KVIB, Lead Bank Manager, Cluster Head JK Bank, Functional Manager DIC, Principal Government Polytechnic College Gogjibagh, Principal Government Polytechnic College Bemina, Assistant Director Planning, besides other concerned officers.