MSME DI to provide CFCs for J&K hoteliers

Micro, Small & Medium Enterprises Development Institute (MSME DI), on Sunday, said that it will provide common facility centres (CFCs) for the hoteliers of Jammu and Kashmir.

According to an official spokesperson, a meeting in this regard was convened by Assistant Director, MSME DI, Saheel Allaqband at Hotel Radisson, Srinagar, with the Hoteliers Club where many proposals were discussed for establishing Common Facility Centre like laundry facility, solar, etc.

The MSME DI official said the Union Ministry of MSME was supporting MSEs of Jammu and Kashmir through MSE-CDP Scheme by extending financial support up to 90 percent to an extent of Rs 15 crore through the creation of Common Facility Centres as per guidelines.

“Creation of common facility centres for MSEs both manufacturing and service enterprises can boost industrial development in the state,” Allaqband said.

Chairman, Jammu and Kashmir Hoteliers Club, Mushtaq Chay, who was present in the meeting, said such initiatives would change the service industry and also generate employment in the state.