Employment generation through Khadi and Village Industries Commission

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Khadi and Village Industries Commission (KVIC) is generating employment for thousands of persons by implementing the schemes of Market Development Assistance (MDA), Interest Subsidy Eligibility Certificate (ISEC) scheme, Prime Minister’s Employment Generation Programme (PMEGP) and Scheme of Fund for Regeneration of Traditional Industries (SFURTI) throughout the country. During the current year, under PMEGP, Rs. 657.84 crore margin money has been utilized for setting up of 29,174 projects and providing employment to 2.11 lakh persons. Twelve SFURTI clusters under Khadi and Village Industries categories have been granted final approval for projects costing Rs. 17.69 crore. Assistance under SFURTI amounting to Rs. 14.82 crore has been sanctioned out of which Rs. 7.94 crore has been released benefiting around 5,700 artisans.

This information was given by the Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh in a written reply to a question in Lok Sabha here today.