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Business EconomyPosted at: Sep 27 2016 1:12PM


KVIB provides Rs 3.19 cr to set up IGU in Kashmir

Srinagar, Sep 27 (UNI) The Khadi and Village Industries Board (KVIB) has provided Rs 3.19 crore as margin money to unit holders for setting up Income Generating Units (IGUs) in Kashmir division.
The board has established 222 employment generating units under Prime Minister Employment Gurantee Programme (PMEGP) so far during the current fiscal in Kashmir Division, officials said.
They said Board has provided Rs 3.19 crore as margin money to the Unit holders for setting up income generating units.
Officials said that seeking the details about the progress of establishment of clusters of artisans, carpet weavers, potters, silk manufacturers, willow basketry and apricot processers under Scheme of Fund for Regeneration of Traditional Industry, the Vice Chairman Mansoor Hussain Suhrawardy was informed that work is under progress and clusters have been identified in every district.
He said that KVIB has been designated as nodal agency for establishment of clusters in Jammu and Kashmir by the Ministry of Micro Small and Medium Enterprises (MSME).
While talking about the unemployed youth of the state, the Vice Chairman directed the KVIB authorities to establish units like Health care centers, Gyms and Fruity Packing box units in every district to propagate the schemes being implemented by the KVIB to benefit the youth.
UNI BAS JW ADG NS1302
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Tags: #KVIB provides Rs 3.19 cr to set up IGU in Kashmir
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