VC KVIB Dr. Hina Shafi Bhat chairs valedictory function at Budgam; says MSMEs are the engines of growth
140 Cr provided to beneficiaries directly under PMREGP: Hina Bhat
BUDGAM, MARCH 21: MSMEs are the engines of growth and are strong pillar of development, MSME has a unique role in the socio-economic upliftment of weaker sections particularly SC, ST community.
These remarks were made by Vice-Chairperson (VC) J&K Khadi and Village Industries Board (KVIB), Dr. Hina Shafi Bhat while addressing a huge gathering of entrepreneurs including officers and officials besides other citizens present during the concluding ceremony of a weeklong exhibition organized by KVIB Budgam under National Schedule Caste, Schedule Tribe HUB, NSSH at New Bus Stand, here.
Dr. Bhat in her speech said that MSME a Government of India-sponsored entrepreneurship scheme has emerged as a huge source of providing employment opportunities to the unemployed and educated youth double that of other key sectors.
She said presently 5 crore entrepreneurs are involved with MSME flagship programmes and added that keeping economic scenario of the UT in view, presently the central government under unique initiatives has fixed no targets for the UT which shall provide huge opportunities for interested entrepreneurs to establish their Micro units.
She said KVIB has provided Rs. 140 Cr under REGP to the beneficiaries on DBT mode.
The VC said the government is taking many steps to ensure the upliftment of Marginal communities and NSSH is also part of that effort. She added these events like NSSH provide a window between SC, ST, and MSME unitholders to exhibit and sell their products at profitable rates.
ADC Budgam Dr. Nasir Ahmad who was a Guest of Honour said, such exhibition has potential in disseminating the most required awareness among the deserving weaker class. He expressed gratitude to KVIB for organizing such programs and provide handholding support to SC and ST artisans.
Earlier VC along with ADC Budgam, Secretary KVIB, and other officers visited the stalls and interacted with stallholders who had installed stalls in the exhibition.
On conclusion, the VC in presence of ADC Budgam and others distributed certificates of felicitation and other mementos among many stallholders.
Among others, the program was also attended by CEO/Secretary KVIB, Deputy Secretary KVIB, other officers and officials concerned.
