KVIB disburses Rs 56 cr subsidy under PMEGP

Jammu and Kashmir Khadi and Village Industries Board (KVIB) has disbursed subsidy amounting to Rs 56 crore under Prime Ministers Employment Generation Programme (PMEGP) and Rs 17.24 crore under newly launched State level Jammu and Kashmir Rural Employment Generation Programme (JKREGP).

This was informed during performance review meeting chaired by Vice Chairperson, J&K KVIB HinaShafiBhat here on Thursday. It was stated that the board has established over 3628 micro industrial units across the state under PMEGP and JKREGP, respectively.

The Vice Chairperson underscored the need for reaching to the remote and far-flung areas of the State. HinaShafiBhat impressed upon the officers to organize awareness camps in a bid to extend financial help for their sustainable living.

It was further informed that under PMEGP, the Board has established 2866 micro industrial units across the State during the financial year 2018-19, including 201 in Anantnag, 315 in Budgam, 570 in Baramulla, 100 in Bandipora, 180 in Ganderbal, 102 in Kargil, 110 in Kulgam, 149 in Pulwama, 52 in Srinagar, 65 in Shopian, 161 in Kupwara, 42 in Leh, 53 in Doda, 81 in Jammu, 119 in Kathua, 89 in Kishtwar, 90 in Poonch, 120 in Rajouri, 74 in Ramban, 42 in Reasi, 96 in Samba and 55 cases in Udhampur involving margin money of Rs 56.01 cr.