Govt will assist young Ladakh entrepreneurs: Jt Secy MSME

Excelsior Correspondent
LEH, Sept 19: Joint Secretary, MSME, B Srinivas has said that young minds, their skill, energy and drive must be harvested and invested in for development of the region by providing them with opportunities to start with their own enterprises through various schemes of Govt of India.
Addressing a meeting held under Ministry of Micro, Small and Medium Enterprises (MSME), GoI at the office of the Divisional Commissioner Ladakh, Saugat Biswas here today in presence of CEO KVIC Preeta Verma, ADDC Leh Moses Kunzang, officers of KVIC, KVIB, DIC, bankers and others, the Jt Secy said that various schemes should reach every interested prospect and every effort must be made to sanction every single application ruling out any minor formalities.
“With guarantee of 75% coverage on various loan schemes, Government stresses on development of the budding entrepreneurs and therefore, no beneficiary should be left out. In this regard, information should reach every interested individual and therefore, an intensive workshop on schemes like PMEGP, REGP, Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), Interest Subversive Scheme (ISS), Scheme of Fund for Regeneration of Traditional Industries (SFURTI) will be held in both the twin districts of Ladakh, Srinivas declared.
Earlier, looking at the need for engaging mind of youths in creative and right direction, Div Com Ladakh Saugat Biswas requested Srinivas for conducting exhaustive workshops in both the districts which would result in employment generation as well as skill development of the youths in particular along with economic and community development as a whole.
Deputy Commissioner/ CEO LAHDC, Kargil Baseer-ul-Haq who was connected with the meeting via video conferencing, also appealed Jt Secy for conducting such workshop in Kargil district where people are showing equal interest in various schemes of GoI.
Noticing the varied performances of banks, . Srinivas urged upon all the banks to help the entrepreneurs and stressed upon banks like SBI and PNB for their less active role in this direction to come forward in building a healthy nation.

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