Maoist-Affected Areas To Get Financial Assistance: MSME Minstry | SupportBiz

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Maoist-Affected Areas To Get Financial Assistance: MSME Minstry

 
KVIC is a statutory body formed by the Government of India under the Ministry of Micro, Small and Medium Enterprises.

Government of India has launched Khadi & Village Industry (KVI) Programme in the Hill, Border & Left Wing Extremism (LWE) affected areas under ADB assisted KRD programme, informed the ministry of Micro, Small and Medium Enterprise (MSME) on Thursday.

As per the press release of MSME Ministry, "the Government has launched KVI Programme in the Hill, Border & Left Wing Extremism (LWE) affected areas in respect of 100 institutions with financial assistance amounting to Rs.76 crores.

The relaxations under the KVI Programme in the Hill, Border & LWE Areas are as follow

i. Relax the criteria about the category of the institutions to be covered under KRDP from A+, A and B category to include C category also.

ii. Relax the condition of Registration of a minimum of 200 artisans with the institution for the Hill, Border & Left Wing Extremism (LWE) Affected areas.

The following conditions are prescribed for the institutions to be assisted in the Hill, Border and LWE affected districts:

i. The institutions should implement programme in a composite manner i.e. production and marketing.

ii. The institution has to satisfy the categorization norms of KVIC and belong to any of the category among A+, A, B and C.

iii. The institution is willing to strive to provide work to minimum 50 new/additional persons living in that area.

iv. The institution should arrange adequate land or building to accommodate the infrastructure envisaged in the programme.

v. Preference will be given to institutions engaged in the implementation of Khadi Programme in these areas for at least three years.

vi. The institutions would make payment to the artisans through Bank Accounts /Post office Account.