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Reading: KVIB sanctions 210 cases in Kulgam with margin money of 4.10 cr
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Rising Kashmir > Blog > Kashmir > KVIB sanctions 210 cases in Kulgam with margin money of 4.10 cr
Kashmir

KVIB sanctions 210 cases in Kulgam with margin money of 4.10 cr

RK News
Last updated: July 28, 2023 3:13 am
RK News
Published: July 28, 2023
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Shopian, July 27: The Vice Chairperson, J&K KVIB, Dr. Hina Shafi Bhat Thursday visited district Shopian and presided over an Awareness Camp at Mini Secretariat, here.
District Development Commissioner (DDC) Shopian, Faz lul Haseeb attended the programme as Guest of Honour.
During the programme, the officers gave detailed presentations about the modalities involved in implementation of employment generation programmes like PMEGP, JKREGP etc. The stakeholders and potential youth were informed about the procedure of applying for benefits under different schemes being run by KVIB through online mode, through designated web-portals viz. kviconline.gov.in. and jkkvib.org.in.
Speaking on the occasion, Dr. Hina stated that promoting entrepreneurship and skill development, especially among women and marginal sections of the society, is a key focus of J&K KVIB.
She added that KVIB tailored capacity-building programmes and skill development initiatives are to a great extent, targeted towards women and marginalized communities to motivate/ empower them and enjoined upon the prospective entrepreneurs to come forward and channelise their energy for Nation building through setting up of their own income generation units.
The Vice Chairperson informed that during the 1st quarter of the current financial year, 210 cases involving Margin Money of Rs. 4.10 crores have been sanctioned in District Shopian under PMEGP & JKREGP and assured that KVIB in collaboration with financial institutions shall extend every kind of hand-holding support to aspirants/ prospective entrepreneurs to ensure hassle free processing of their proposals, both at Implementing Agency as well as at bank level.
Speaking on the occasion, District Development Commissioner, Shopian while lauding the role of J&K KVIB in employment generation, underscored the need for conducting more awareness/ sensitization campaigns to disseminate the information about the schemes and programmes among the local communities.
He stated that the Khadi and Village Industries sector has the potential to contribute significantly to economic growth. He added that by providing employment opportunities to local communities, it helps in reducing unemployment, poverty and through strategic planning, investment and support, the sector can become a major driver of economic activity and livelihood enhancement.
DDC member, Raja Waheed said that youth of the district should come forward to avail opportunities under various schemes meant for their betterment. He stressed on the banks to facilitate the youth while sanctioning loans.
Ajaz Ahmed Mir, DDC member opined that KVIB plays a vital role in providing better employment facilities to the people by establishing their own various income generating Units and asked for organising such awareness camps at Tehsil levels too.

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