Basant calls on Kavinder, discusses strategy for employment generation under PMEGP

18/05/2022

Jammu, May 16: Basant, Member North Zone, Khadi and Gram Udhyog and MSME Ministry called upon the senior Bharatiya Janata Party (BJP) leader and former Deputy Chief Minister, Kavinder Gupta here today and discussed various issues focussing on measures required to be initiated for creation of new employment opportunities for the youth of Jammu and Kashmir. Dr Narinder Singh, National Secretary and Dr Sudershan Gupta Social activist were also present during the meeting.
Shri Basant discussed in detail with the former Dy Chief Minister the strategy to be adopted in the Union Territory of Jammu and Kashmir for further development and expansion of the scope of Khadi and Village Industries across this UT.
He said several schemes have been launched by the government that have been meticulously tailored with the aim to generate multiple employment avenues. Referring to the 'Prime Minister's Employment Generation Programme' launched by Modi Govt he informed that a loan of upto Rs. 25 lakh is being provided to youth for set up their own ventures.
He asserted that the youth availing the benefit under the scheme not only ensures a new beginning for himself as an entrepreneur but also becomes a job provider for the unemployed youth by employing them in the venture.
Shri Basant said that it is time for the youth of this Union Territory to come forward and avail the benefit of Centrally Sponsored Schemes and become job providers instead of wasting time as job seekers.
Kavinder Gupta while addressing the meeting said that PM Modi led Govt has opened vistas of opportunities for the youth of this nation in Khadi & Gram Udhyog and MSME sector. Providing details about the scheme he said that this scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level while at the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks.
In such cases KVIC routes government subsidy through designated banks for eventual disbursal to the beneficiaries / entrepreneurs directly into their bank accounts, he added.
The former Deputy Chief Minister suggested various measures to make the youth aware about the PMEGP and convince and motivate them to opt for the suitable venture and avail the benefits.
He impressed upon Basant to issue directions for holding regular awareness camps in this regard by the Khadi & Gram Udhyog across the Union Territory.

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