Excelsior Correspondent
ANANTNAG, Sept 12: Minister for Industries and Commerce, Chander Parkash Ganga, in presence of MLC Sofi Yousuf and Vice Chairman J&K Khadi & Village Industries Board (KVIB), today laid foundation stone of a Common Facility Centre (CFC) at Martand Chain Stitch and Embroidery (CS&E) Cluster at Rainipora here.
The CFC is the first in the State under the Scheme of Fund for Regeneration of Traditional Industries (SFURTI) programme of Government of India and is part of the Martand Chain Stitch and Embroidery Cluster being developed at an estimated cost of Rs 4.48 crore.
The development of CFC, at a cost of Rs 1.25 crore, is part of the Hard Intervention part of the cluster project which also includes a raw material bank and market infrastructure.
The Martand Cluster project is one of five clusters the Ministry of Micro, Small and Medium Enterprises (MSME) GoI has approved for the State and is one of 37 clusters projected by KVIB to the MSME.
Speaking on the occasion, Chander Parkash Ganga said the centre will facilitate increased production of local handloom and handicraft products and help in the economic betterment of involved artisans.
Taking note of complaints regarding losses suffered by artisans on account of involvement of middlemen and problems faced in regard to sanctioning of loans by banks, Ganga issued on the spot instructions to the concerned to look into the concerns raised on the occasion.
He also instructed the concerned ADC to convene a meeting and raise the issue of loans with lead banks. He said the artisans’ guarantor is the Government and that they must face no problems with regard to getting loans.
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