5243 units established under PMEGP since 2008: Mir

Excelsior Correspondent

Secretary/Chief Executive Officer, KVIB, Mir Afroz addressing the media persons on Sunday.
Secretary/Chief Executive Officer, KVIB, Mir Afroz addressing the media persons on Sunday.

JAMMU, Feb 9: The Secretary/Chief Executive Officer, J&K Khadi & Village Industries Board (KVIB), Mir Afroz divulged that 5243 units have been established under Prime Minister’s Employment Generation Programme (PMEGP) since 2008, which has further provided the employment to 37131 unemployed persons in the State.
While addressing the media persons, Afroz said that KVIB has played a vital role in generating employment opportunities in the State, which has provided employment to unemployed youth, even those who are less educated or unskilled. He said that 5243 units have been established by KVIB and extended Rs 62.00 crores as the subsidy to the units in last five years.
He informed that in the current financial year the KVIB had sponsored 2272 cases and sent to the banks for advancing and out of these 698 cases have been executed by the concerned banks and rest are under process. “The KVIB has released Rs 10.76 crores as subsidy in the favour of the entrepreneurs, who had got sanction from the bank”, he added.
Disclosing about the future plans of the Board, he said that one such fifteen-day State level Khadi exhibition-cum-sale is being commenced from tomorrow, in which mass awareness will be the main objective.
He further said that this exhibition is going to be mega event in the State, housing seventy stalls in it. He disclosed that it is the first time that KVIB would organize a Khadi fashion show during these fifteen-day exhibition, to allure the Khadi lovers in particular and common people in general to wear the Khadi clothes.