Online edition of India's National Newspaper
Monday, Dec 19, 2005
Online edition of India's National Newspaper Monday, Dec 19, 2005 |
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New Delhi
Staff Reporter
NEW DELHI: Commissioner for Khadi and Village Industries Commission C. Chandran has said that during 2004-2005 KVIC exceeded the target of 5.25 lakh by providing employment to 5.30 lakh people under its Rural Employment Generation Programme. Buoyed by the success of its rural programme, KVIC now aims to provide employment to 5.56 lakh people across the country for the year 2005-2006, said Mr. Chandran at a press conference here this past week. After chairing a North zone meeting here that saw the participation of representatives of State Khadi and Villages Industries Boards and State Level Banker's Committee, he expressed satisfaction over completion of 70 per cent of the annual Rural Employment Generation Programme of the North zone. "The two States of Jammu and Kashmir and Rajasthan have done exceptionally well in terms of employment generation. The total margin money or subsidy allotted to North zone comprising Rajasthan, Haryana, Uttar Pradesh, Delhi, Jammu and Kashmir, Himachal Pradesh and Punjab is Rs.86.46 crores and employment target is 12,3897 people. In Kashmir a number of village industries dealing in furniture, spinning, weaving, woolling, textile, carpentry and hosiery have cropped up. All this has happened because banks like the Jammu and Kashmir Bank has come forward with 70 per cent loan. The remaining 30 per cent of the margin money has been given by KVIC," said Mr. Chandran.
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