January 16, 2026 01:10 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Major blow to Mamata! SC stays FIRs, flags state meddling in central probe as ‘serious issue’ | Supreme Court snub shocks Vijay’s Jana Nayagan, release now in deep trouble | Trump tariff bomb on Iran trade: Tharoor flags existential crisis for Indian exporters | 'Mobocracy in court?': SC explodes over Calcutta HC chaos in ED vs Mamata showdown | Dalal Street on hold! Maharashtra civic polls pull the plug on market action | Big blow to TMC! Calcutta High Court dismisses case against ED in I-PAC raid row | 10-minute delivery dead! Govt crackdown forces Blinkit, Swiggy and Zomato to backtrack after gig workers revolt | US tariff threats put India-Iran trade at risk – Chabahar Port becomes the high-stakes battleground! | Sensex slides 250 points as defence stocks bleed, Zomato parent Eternal soars | Markets rally big after US envoy calls India White House’s ‘most important ally’
Jammu And Kashmir

JK: KVIB disburses Rs 400 cr margin money in 3 years

| @indiablooms | Feb 21, 2022, at 01:43 am

Jammu: Vice Chairperson, J&K Khadi & Village Industries Board (KVIB), Dr Hina Shafi Bhat, today chaired a meeting to review bankers performance under JK Rural Employment Generation Programme (JKREGP) and Prime Minister’s Employment Generation Programme (PMEGP) being implemented by the Board in Jammu division at Udyog Bhawan here.

Speaking on the occasion, Vice-Chairperson stated that for the last three years the Board has expanded its activities through every nook and corner of J&K and released margin money (subsidy) of Rs 400.49 crore, against a loan of Rs 1201.44 crore, resulting in the creation of direct/indirect jobs to 139964 persons for the last three years.

She further stated that J&K KVIB is rendering yeoman service in the creation of employment avenues for educated unemployed youth, poor, down-trodden and weaker sections of the society.

VC asked the representatives of various banks not to reject cases on flimsy grounds and release the first instalment as early as possible so that the margin money (subsidy) can be released well in time.

The meeting was attended by lead district Managers, Directors RSETI, Cluster heads J&K Bank and district officers KVIB, besides Regional Manager JK Grameen bank and other senior officers of the department.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.