JK Has 15000 Female Entrepreneurs Running Business Units


Srinagar:  There are a total of 15,000 female entrepreneurs running their own business units in Kashmir.

This was stated at a meeting chaired by Minister of state for Housing & Urban Development Asiea Naqash, Monday. 

 In the meeting with the UDAK, the Minister was informed that 554 women have become entrepreneurs during the last three years and that there are a total of 15,000 female entrepreneurs running their own business units in Kashmir.

Action Plan worth Rs. 38 crore has been sent to GOI for approval. The programme includes various components including skill development training, self-employment, self-help groups for women, support for urban street vendors and shelter for urban houseless.

For self-employment, it was informed, a loan amount of Rs 2 lakh rupees with 7% interest subsidy is given to beneficiaries under the component. The Minister was informed that out of 1000 cases in the State, 792 such cases, including 248 in Srinagar, have been disbursed during 2016-17. The Minister asked the concerned to ensure subsidies are paid without any delay and that transparency and accountability are maintained at all levels during the process of selection of trainees as well as loan cases.

The Social Welfare Minister during the meeting with officials of the Handicrafts Department stressed that focus of the Department should be on the protection of artisans and in this regard Department needs to facilitate their livelihood by implementing artisan friendly schemes.

With her meeting with the Women Development Corporation, the Minister was briefed that Action Plan of Rs. 38 crore for 1670 beneficiaries has already been submitted.

It was also given out that Corporation has provided training to 300 women in various crafts during the last three years.

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