Development of cottage industry is largely responsibility of state govts: Giriraj Singh
Updated: Jul 27, 2015 05:12:37pm
New Delhi, July 27 (KNN) Development of cottage industry is largely the responsibility of State Governments, said MSME Ministry adding that however, the Ministry of Micro, Small and Medium Enterprises (MSME) also has a number of schemes/interventions for the development of MSME including cottage industry on the basis of labour intensive techniques and low per capita investment.
The Ministry of Micro, Small and Medium Enterprises is implementing Prime Minister’s Employment Generation Programme (PMEGP), a credit-linked subsidy programme since 2008-09 with Khadi and Village Industries Commission(KVIC) as nodal agency at the national level for generating self-employment opportunities through establishment of micro enterprises including cottage industries by organizing traditional artisans and unemployed youth, helping in preventing their migration besides increasing their earning capacity throughout the country, Minister of State MSME Giriraj Singh said.
In a written reply to the Lok Sabha today, the Minister said, “At the State/Union Territories level, the scheme is implemented through field offices of KVIC, State/Union Territory Khadi and Village Industries Boards (KVIBs) and District Industries Centres (DICs) with involvement of Banks.
Under this Programme, General Category beneficiaries can avail margin money subsidy of 25 per cent of the project cost in rural areas and 15 per cent in urban areas. For special categories such as SC/ST/OBC/minorities/women/ex-servicemen/physically handicapped/NER/Hill and Border areas etc. the margin money subsidy is 35 per cent in rural areas and 25 per cent in urban areas. Maximum project cost for manufacturing unit is Rs.25 lakh and for service sector it is Rs.10 lakh,” he said.
The PMEGP scheme is being implemented in the entire country including backward regions of the country. While allocating Margin Money target, the backwardness factor is also taken into consideration, Singh added. (KNN Bureau)
The Ministry of Micro, Small and Medium Enterprises is implementing Prime Minister’s Employment Generation Programme (PMEGP), a credit-linked subsidy programme since 2008-09 with Khadi and Village Industries Commission(KVIC) as nodal agency at the national level for generating self-employment opportunities through establishment of micro enterprises including cottage industries by organizing traditional artisans and unemployed youth, helping in preventing their migration besides increasing their earning capacity throughout the country, Minister of State MSME Giriraj Singh said.
In a written reply to the Lok Sabha today, the Minister said, “At the State/Union Territories level, the scheme is implemented through field offices of KVIC, State/Union Territory Khadi and Village Industries Boards (KVIBs) and District Industries Centres (DICs) with involvement of Banks.
Under this Programme, General Category beneficiaries can avail margin money subsidy of 25 per cent of the project cost in rural areas and 15 per cent in urban areas. For special categories such as SC/ST/OBC/minorities/women/ex-servicemen/physically handicapped/NER/Hill and Border areas etc. the margin money subsidy is 35 per cent in rural areas and 25 per cent in urban areas. Maximum project cost for manufacturing unit is Rs.25 lakh and for service sector it is Rs.10 lakh,” he said.
The PMEGP scheme is being implemented in the entire country including backward regions of the country. While allocating Margin Money target, the backwardness factor is also taken into consideration, Singh added. (KNN Bureau)
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