Introduction
CEO KVIB Led the ITI Udhampur Awareness Programme
The Jammu and Kashmir Khadi and Village Industries Board (KVIB) recently organized a district-level awareness program at the Industrial Training Institute (ITI) in Jammu. Led by the Secretary/CEO of KVIB, Dr. Jagdish Chander Mehra, the event aimed to educate and sensitize unemployed youth undergoing training in various trades.
- Introduction
- Key Participants
- Secretary's Address
- Opportunities for Youth
- Secretary/CEO KVIB Led the ITI Udhampur Awareness Programme Schemes
- Financial Assistance
- Eligibility Criteria
- Encouragement to Youth
- Conclusion
- FAQs
- 1. How can I apply for schemes like PMEGP and JKREGP?
- 2. What types of businesses are eligible for financial assistance under PMEGP and JKREGP?
- 3. Is there any age limit for beneficiaries of PMEGP and JKREGP?
- 4. How long does it take to receive financial assistance once the application is approved?
- 5. Are there any support services available to entrepreneurs beyond financial assistance?
Key Participants
The program saw the participation of several key figures, including the Deputy CEO of KVIB for Jammu Division, the Lead District Manager of Udhampur, the Principal of ITI, the district officer of KVIB in Udhampur, and representatives from the Rural Self Employment Training Institutes (RSETI) in Udhampur.
Secretary’s Address
Dr. Jagdish Chander Mehra, in his address, emphasized the importance of seizing the opportunities provided by the government for aspiring entrepreneurs. He shed light on schemes such as the Prime Minister’s Employment Programme (PMEGP) and the J&K Rural Employment Generation Programme (JKREGP), which offer substantial financial assistance to individuals with qualifications as low as 8th grade, aiming to establish self-employment ventures.
Opportunities for Youth
The Secretary encouraged the youth to explore these schemes and take advantage of the support available. With financial aid of up to 5,000,000 (fifty lakhs) for the manufacturing sector and twenty lakhs for the service sector, these initiatives aim to empower young entrepreneurs and boost self-employment.
Secretary/CEO KVIB Led the ITI Udhampur Awareness Programme Schemes
KVIB’s initiatives, particularly PMEGP and JKREGP, play a pivotal role in fostering entrepreneurship and employment generation in the region. These schemes not only provide financial aid but also offer guidance and support throughout the establishment and operation of businesses.
Financial Assistance
Under PMEGP and JKREGP, beneficiaries can receive substantial financial assistance, enabling them to establish their ventures. This financial aid catalyzes economic growth and development, particularly in rural areas where employment opportunities are limited.
Eligibility Criteria
The eligibility criteria for these schemes are inclusive, catering to individuals with varying educational backgrounds. From school dropouts to graduates, KVIB alms support anyone with the drive and determination to become an entrepreneur and contribute to the local economy.
Encouragement to Youth
Dr. Mehra urged the youth to seize the moment and harness the resources available to them. He emphasized the transformative potential of entrepreneurship in not only creating jobs but also fostering innovation and sustainable development.
Conclusion
The district-level awareness program organized by KVIB serves as a crucial platform for educating and empowering the youth of Jammu and Kashmir. By highlighting the opportunities and support available for budding entrepreneurs, the event aims to ignite a spirit of entry and drive economic growth in the region.
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FAQs
1. How can I apply for schemes like PMEGP and JKREGP?
To apply for these schemes, interested individuals can visit the nearest KVIB office or access the application forms online through the official KVIB website.
2. What types of businesses are eligible for financial assistance under PMEGP and JKREGP?
Both manufacturing and service sector businesses are eligible for financial assistance under these schemes. However, applicants must meet the specific criteria outlined by KVIB.
3. Is there any age limit for beneficiaries of PMEGP and JKREGP?
There is no upper age limit for beneficiaries of these schemes. However, applicants must meet the educational qualifications and other eligibility criteria set by KVIB.
4. How long does it take to receive financial assistance once the application is approved?
The timeline for disbursing financial assistance may vary depending on the specific scheme and administrative procedures. However, KVIB strives to expedite the process to ensure timely support to beneficiaries.
5. Are there any support services available to entrepreneurs beyond financial assistance?
Yes, KVIB offers a range of support services, including training, mentorship, and market linkages, to help entrepreneurs succeed in their ventures and contribute to the local economy.