Centre to set up 100 crore Technology Centre in J&K

The Centre has announced setting up of a Rs 100 crore Technology Centre in Jammu and Kashmir with an extension counter and several incubation centres.

Srinagar: The Centre has announced setting up of a Rs 100 crore Technology Centre in Jammu and Kashmir with an extension counter and several incubation centres.
"A Technology Centre, costing Rs 100 crore, will be set up at Ghatti in Kathua district of Jammu region with its extension counter at Sanatnagar in Srinagar besides district incubation centres across the state," Union Secretary in ministry of MSME Madhav Lal said addressing an officers` meeting here.

The meeting was convened last night to review the implementation of schemes and programmes of the ministry and was was attended among others by State Financial Commissioner, Industries and Commerce, Khurshid Ahmad Ganai, heads of various Departments and District Industries Centres.

Emphasizing for effective implementation of Credit Guarantee Scheme in the State, Union Secretary said this would facilitate entrepreneurs to take loan without personal security.

"EM1 and EM2 software packages will shortly be introduced in the State while it has already been implemented in nine states of the country," he said adding this would improve in efficiency of registration of new units working in unorganised sector.

Lal asked the authorities of Industries Department to liaise with SIDBI for availing finance for Micro entrepreneurs of the State and also come up with a proposal for up-gradation and development of industrial estates under MSE-CDP scheme.

"Venture capital fund is being created to benefit business units dealing with Information Technology and Food Processing," he said.

Earlier, the Financial Commissioner said a total of 53
industrial estates are operating in the State with 29,454 SSI Units registered with the department.

Out of 273 sick units, he said 52 units have been shortlisted for revival.

Ganai said four hectares of land have been identified at Ghatti Industrial Estate for establishment of Technology Centre, while Rs 560 lakh stands expended on up-gradation and infrastructure development at Industrial Centres of Bari Brahmana, Gangyal, Rangreth and Khunmoh.

Regarding Prime Ministers` Employment Generation Programme (PMEGP), he said 1608 units have been sanctioned against the target of 2328 during last financial year while the department disburses Rs 2701 lakh as margin money in favour of these unit holders.

Projecting enhancement of 1000 units in the original targets fixed for current fiscal under PMEGP of KVIB, he pleaded for inclusion of transport as activity for sanctioning of cases under the scheme.

The Financial commissioner said tourism has good potential for transport sector to generate employment in the State.

While raising the issue of financial assistance for procurement of E-Charkhas by weavers, he sought approval of a proposal submitted by KVIB for development of clusters at Nagsehani, Gandoh and Paddar.

Ganai also suggested inclusion of more items in the list of MSME for preferential purchase by Government departments to accommodate products of food processing units of the State.

Pleading for handicrafts related export study tours for the Artisans and Entrepreneur, he said MSME unit holder of the State may be allowed to participate in State level exhibitions held in other states of the country on North-East States pattern including financial assistance.

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