Interviews
Employment target under REGP achieved – Union Minister
05 Dec '07
2 min read
The target of employment set under Rural Employment Generation Programme (REGP) during 2006-07 was fully achieved. This was stated by Shri Mahabir Prasad, Union Minister for Micro, Small and Medium Enterprises in a written reply to a question in Lok Sabha.
The Khadi and Village Industries Commission (KVIC) conducts regular review of the implementation of the programme, in order to take stock of the implementation of the scheme, in the States and Union Territories.
Separate review meetings of various regions were organized by KVIC in addition to reviewing the progress in each State/UT by calling its field officers on a regular basis.
To meet the demand and also to absorb unspent balances in the field offices, targets were revised on the basis of actual project cost so that the funds availed in the field can be properly utilized.
An estimated 4,771 projects are pending with various banks for sanctioning which involve about Rs. 64.62 crore of margin money. The State and Divisional offices of KVIC regularly pursue the matter with the banks in order to expedite the sanction of the projects.
KVIC has also taken initiative for organizing State level review meetings on a regular basis, jointly with State Khadi and Village Industries Boards and Lead District Managers of project financing branches of banks.
Such reviews are held regularly in each quarter so that the implementation of the programme is expedited. Such meetings will also take up issues such as achieving the stipulated target by each State/UT, etc.
In addition to above steps, KVIC has also constituted local Committees, in each State for short listing the project proposals, promoting training and assisting/guiding the entrepreneurs in the preparation of projects and forwarding them to the banks for consideration.
The Khadi and Village Industries Commission (KVIC) conducts regular review of the implementation of the programme, in order to take stock of the implementation of the scheme, in the States and Union Territories.
Separate review meetings of various regions were organized by KVIC in addition to reviewing the progress in each State/UT by calling its field officers on a regular basis.
To meet the demand and also to absorb unspent balances in the field offices, targets were revised on the basis of actual project cost so that the funds availed in the field can be properly utilized.
An estimated 4,771 projects are pending with various banks for sanctioning which involve about Rs. 64.62 crore of margin money. The State and Divisional offices of KVIC regularly pursue the matter with the banks in order to expedite the sanction of the projects.
KVIC has also taken initiative for organizing State level review meetings on a regular basis, jointly with State Khadi and Village Industries Boards and Lead District Managers of project financing branches of banks.
Such reviews are held regularly in each quarter so that the implementation of the programme is expedited. Such meetings will also take up issues such as achieving the stipulated target by each State/UT, etc.
In addition to above steps, KVIC has also constituted local Committees, in each State for short listing the project proposals, promoting training and assisting/guiding the entrepreneurs in the preparation of projects and forwarding them to the banks for consideration.
Press Information Bureau Government of India
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