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Banks sanctioned 2390 cases with Rs 11.22 cr margin money under PMEGP, JKREGP

Last Updated on November 9, 2021 at 6:04 pm

Vice Chairperson J&K Khadi and Village Industries Board (KVIB), Dr Hina Shafi Bhat, on Tuesday chaired Bankers meet held to review Bank wise performance under JKREGP and PMEGP schemes.

The meeting took stock of Bank wise performance of District Offices of Jammu Division in implementing JK Rural Employment Generation Programme (JKREGP) and Prime Minister’s Employment Generation Programme (PMEGP).

The Vice Chairperson appreciated the banks for working in tandem with KVIB in sanctioning the cases. She highlighted the key issues and sought co-operation and commitment from the Bankers for addressing the issue of unemployment in the UT of J&K especially for educated unemployed youth. She also emphasized sanctioning of cases in favour of Ex Servicemen and war widows through KVIB schemes.

The Bank wise performance of PMEGP and JKREGP schemes of KVIB for the current year was reviewed and it reflected improvement in the current financial year, as 2390 cases  involving margin money of Rs 1122.91 lakh  stands sanctioned by the Banks under both the schemes .

A threadbare deliberation was held regarding pending cases at Bank level, uploading of claims, EDP training under JKREGP, PMEGP being implemented by KVIB.