Ganga for providing MUDRA Scheme to entrepreneurs

Excelsior Correspondent

JAMMU, Mar 23: Stressing upon J&K Khadi and Village Industries Board (KVIB) functionaries to focus on providing “Micro Units Development and Refinance Agency (MUDRA) scheme” for the establishment of “start ups” and Entrepreneurial Ventures in Textile Sector to the entrepreneurs, the Minister for Industries and Commerce Chander Parkash Ganga today called for organizing more orientation and awareness programmes to acquaint the entrepreneurs about the scheme which aims to provide financial assistance to them by providing loans at reasonable interest rates.
The State Government has designated J&K KVIB as one of the implementing agencies under the MUDRA Scheme.
Speaking at 101st Board of Directors meeting of Khadi & Village Industries Board (KVIB), here, the Minister, who is also Chairman of the KVIB, urged for generating more employment opportunities for the rural youth by developing entrepreneurship culture in the State. He enjoined upon the KVIB officers to provide full support to the budding entrepreneurs.
Vice Chairman J&K KVIB Peerzada Mansoor Hussain Sohrawardhy, Commissioner/ Secretary, Industries & Comm-erce Department, Shailendra Kumar, Director Industries and Commerce Kashmir, Secretary/ CEO J&K KVIB, representatives of Finance, planning and Cooperatives and concerned officers besides Board members attended the meeting.
Ganga while reviewing physical and financial achievement under Prime Minister’s Emplo-yment Generation Programme (PMEGP) asked the KVIB to remove the bottlenecks for smooth implementation of Web based online PMEGP Application processing.
The Minister reviewed progress under various schemes and discussed various agenda items like achievements of the board during the year 2013-14 to 2016-17, Capex Budget (Plan) proposals for the year 2017-18 and regularization of contractual employees, etc.

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