*Suggests spl funding for solar plants
Excelsior Correspondent
JAMMU, Nov 26: In Reserve Bank of India’s 56th Empowered Committee Meeting on MSMEs held in Jammu, Rahul Sahai Chair PHDCCI Jammu and Amar Preet Singh, Resident Officer PHDCCI suggested special funding for solar plants and taking certain other measures to facilitate Jammu Industry.
Rahul Sahai extended gratitude to Sandeep Mittal, General Manager RBI Jammu, Kashmir & Ladakh who was chairing the meeting for giving him this opportunity. He suggested RBI GM that special product for funding of solar plants for residential and industrial plants should be designed. He explained the house where all the heads of various banks were present that funding of solar projects could change and boost business of banks and ease people at large for installing solar plants.
Mittal while appreciating the idea asked all the banks to take it as a new idea and design a product so that new segment of solar funding could be tapped.
While discussing the points related to TReDS, GM RBI said that there is a dire need to create awareness among the stakeholders about the TReDS portal. Due to lack of its knowledge very less number of people are using it. Mittal suggested that the office of Director Industries should write to the Govt and companies about joining the platform at the earliest.
Mittal showed his concern about the less number of units registered under Udhyam Portal in all the regions of Jammu, Kashmir & Ladakh. In this context Sahai said that, PHDCCI is creating awareness among its members for the Udhyam Registration through various programs , which was appreciated by Mittal.
Sahai informed GM RBI that PHDCCI has suggested Prashant Goyal, Principal Secretary Industries and Commerce that in all other states only Udhyam Registration is there but in J&K EM PART- 2 is also there and suggested to have only UDHYAM so that all the units should register in Udhyam portal and ready online data could be available.
General Manager said that MSME’s are not availing Credit Guarantee Scheme for Micro & Small Enterprise (CGTMSE) because of high charges which should be looked into. He suggested PHDCCI to write to Finance department of J&K government regarding subsidizing charges of CGTMSE scheme so that more and more MSME’s could avail the benefit.
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