• About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service
Thursday, June 4, 2026
Lake City Times
No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
No Result
View All Result
Lake City News
No Result
View All Result
Home Top News

KVIB establishing industrial ecosystem across JK to nurture budding entrepreneurs

LCT Desk by LCT Desk
July 1, 2022
in Top News
Reading Time: 2min read
A A
Share on FacebookShare on TwitterWhatsappTelegram

READ ALSO

NC to protest over statehood demand in New Delhi

Functioning of ministers comes under scanner at CM’s meet with MLAs

Srinagar, Jun 30: Jammu and Kashmir Khadi & Village Industries Board (KVIB) is establishing and nurturing an entrepreneurial ecosystem under micro and village industries sector across the Union Territory of Jammu and Kashmir.
KVIB has an important role in Employment Generation, through various schemes they are implementing in J&K.
KVIB significantly improves Sustainable development of Village and Traditional Industries by planning, promoting and organising Khadi, Village and Micro Industries Sector. They facilitate creation of employment opportunities for unemployed youth, artisans by helping them to establish their own village / micro industrial units.
As per KVIB artisans are empowered to produce customer-savvy products and foster a strong rural community spirit by establishing a sustainable and dynamic village and traditional industries sector.
He added that KVIB helps in improve design and productivity of khadi and village industries sector.
Government of India has approved the introduction of a new credit linked subsidy programme called Prime Ministers Employment Generation Programme (PMEGP) by merging the two schemes -Prime Ministers Rojgar Yojana (PMRY) and Rural Employment Generation Programme (REGP) for generation of employment opportunities through establishment of micro enterprises in rural as well as urban areas.
PMEGP is a central sector scheme administered by the Ministry of Micro, Small and Medium Enterprises (MoMSME). The Scheme is implemented by Khadi and Village Industries Commission (KVIC), a statutory organization under the administrative control of the Ministry of MSME as the single nodal agency at the National level.
The Government subsidy under the scheme is routed by KVIC through the identified Banks for eventual distribution to the beneficiaries/ entrepreneurs in their Bank accounts. The Implementing Agencies, KVIC, KVIBs and DICs associate reputed Non-Government Organization (NGOs)/reputed autonomous institutions/Self Help Groups (SHGs)/ National Small Industries Corporation (NSIC)/Udyami Mitras empanelled under Rajiv Gandhi Udyami Mitra Yojana (RGUMY), Panchayati Raj institutions and other relevant bodies in the implementation of the Scheme, especially in the area of identification of beneficiaries, of area specific viable projects, and providing training in entrepreneurship development.
Thirty-one year old Farida Akhtar had set-up Anna’s Boutique with the help of KVIB which is considered as a trend setter in Dooru area of Anantnag .
“I am happy that I am an entrepreneur, but it was not an easy task for me. I worked for several years under a local tailor, who taught me basics of dressmaking, but it was absolutely traditional tailoring,” said Farida, adding that her passion in dressmaking motivated her to learn out of the way designing with the help of KVIB.
Similarly Nardeep Singh setup a unit ‘Singh Hydraulic Equipments’ with the help of KVIB to become self sufficient. He says, “businesses that manage to stick with pains and gains last longest and shine brightest”.

Related Posts

Top News

NC to protest over statehood demand in New Delhi

June 4, 2026
People of JK being sidelined systematically: NC

Srinagar, Jun 3: The National Conference on Wednesday announced it will hold a protest in New Delhi on the first...

Read more
by LCT Desk
0 Comments
Top News

Functioning of ministers comes under scanner at CM’s meet with MLAs

June 4, 2026
Functioning of ministers comes under scanner at CM’s meet with MLAs

Srinagar, Jun 3: MLAs of the ruling National Conference as well as independent legislators supporting the government gunned for Deputy...

Read more
by LCT Desk
0 Comments
Top News

Dachigam turns political-media hub

June 4, 2026
Dachigam turns political-media hub

Srinagar, Jun 3: The quiet wilderness of Dachigam National Park on Wednesday turned into an unusual political and media hub...

Read more
by LCT Desk
0 Comments
Politics

Dachigam mirrors Omar’s govt: Sajad Lone

June 4, 2026
Will go on hunger strike if electoral demography of JK changed: Sajad Lone

Srinagar, Jun 3: Peoples Conference president Sajad Gani Lone Wednesday took a swipe at Chief Minister Omar Abdullah for holding...

Read more
by LCT Desk
0 Comments
Top News

Amit Shah to chair high-level J&K security review meeting on Jun 8

June 4, 2026
Amit Shah to review J&K security at high-level meet in Delhi today

New Delhi, Jun 3: Union Home Minister Amit Shah will chair a high-level security review meeting on Jammu and Kashmir...

Read more
by LCT Desk
0 Comments
Top News

Zojila Tunnel: Gadkari to trigger breakthrough blast

June 4, 2026
Zojila Tunnel: Gadkari to trigger breakthrough blast

Ganderbal, Jun 3: The strategically significant 13.15-kilometre Zojila Tunnel, linking Jammu and Kashmir with Ladakh, is set to reach a...

Read more
by LCT Desk
0 Comments
Next Post
Three years on, no headway on proposed Pulwama maternity hospital

JK hospitals gets advance payment of Rs 300 Cr to procure machinery, drugs

  • About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service

© 2021 Lake City Times - Premium theme by GITS.

No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper

© 2021 Lake City Times - Premium theme by GITS.