He said “Out of the total Package of Rs 20 Lakh Crore- equivalent to 10% of India`s GDP under Atma Nirbhar Bharat Abhiyan, the share dedicated to MSME has been pegged at Rs 3.0 Lakh Crore for grant of collateral Free Automatic Loans for Business including MSME, Rs 20000 Crores for Subordinate Debt for Stressed MSMEs and Rs 50,000 Crore for equity infusion for MSME through Fund of Funds.”
The Commissioner Secretary asked the General Managers to highlight any difficulties faced at ground level and give their suggestions. Earlier, Director Industries & Commerce Jammu, Anoo Malhotra, gave a presentation on the achievements of the Industries & Commerce Department in the Division.
She highlighted that during 2019-20 all DICs of Jammu division have achieved their targets under the PMEGP. She informed that the Directorate has re-started the registration of Firms and Societies under the Central Act. It was informed that the department is organising regular awareness programmes and the Directorate is in the process of compiling a compendium of all functional units. She also apprised the Commissioner Secretary about the issues encountered by the industrial units in their operation.
General Manager, DIC Jammu, Subah Mehta, apprised the Commissioner Secretary regarding progress made in registration of units for UAM, TReDS and IDS. She also put forth some difficulties faced in the said process. General Manager, DIC, Kathua, Babu Ram, highlighted the resolution of issue of Industrialists for facilitating their movement from across Lakhanpur to their units in Kathua. General Manager, DIC, Samba, Sansar Chand sought waiver of charges to the Land agency in respect of units undertaking Additional Line of Activity.
General Manager, DIC, Udhampur, Suram Chand also apprised about the new land acquired for the Industrial purpose. The meeting was also attended by MD J&K SICOP, Atul Sharma: Director Finance I&C Department, R.C Kotwal; Joint Directors of Industries, Trishala Kumari and Ved Prakash; CAO Dr. Tabassum; Additional Secretary I&C Kewal Krishan and other officers of the Department.