November 14, 2024 19:26 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
We should not become the most polluted city in the world: Supreme Court was told as smog chokes Delhi | Toxic smog engulfs Delhi as air quality remains severe, over 200 flights delayed | ED conducts multiple raids in Kolkata in 'lottery scam' case | Donald Trump picks former Democrat Tulsi Gabbard as US intelligence chief | Tilak Varma's maiden century helps India survive Jansen threat to defeat South Africa by 11 runs
JK: KVIB disburses Rs 400 cr margin money in 3 years
Jammu And Kashmir

JK: KVIB disburses Rs 400 cr margin money in 3 years

| @indiablooms | 20 Feb 2022, 08:13 pm

Jammu: Vice Chairperson, J&K Khadi & Village Industries Board (KVIB), Dr Hina Shafi Bhat, today chaired a meeting to review bankers performance under JK Rural Employment Generation Programme (JKREGP) and Prime Minister’s Employment Generation Programme (PMEGP) being implemented by the Board in Jammu division at Udyog Bhawan here.

Speaking on the occasion, Vice-Chairperson stated that for the last three years the Board has expanded its activities through every nook and corner of J&K and released margin money (subsidy) of Rs 400.49 crore, against a loan of Rs 1201.44 crore, resulting in the creation of direct/indirect jobs to 139964 persons for the last three years.

She further stated that J&K KVIB is rendering yeoman service in the creation of employment avenues for educated unemployed youth, poor, down-trodden and weaker sections of the society.

VC asked the representatives of various banks not to reject cases on flimsy grounds and release the first instalment as early as possible so that the margin money (subsidy) can be released well in time.

The meeting was attended by lead district Managers, Directors RSETI, Cluster heads J&K Bank and district officers KVIB, besides Regional Manager JK Grameen bank and other senior officers of the department.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.