Crescent Kashmir

Financial assistance

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In order to keep alive the traditional crafts Khadi & Village Industries Board (KVIB) has done huge interventions and has been able to establish thousands of units to give shape to the life of artisans.

The limit for financial assistance to handicraft artists through Artisan Credit Card was also increased from Rs One lakh to Two lakhs, besides, 2118 handicraft artists have been given the benefit of Mudra Yojana and 26 units have been set up through the Karkhandar scheme, which will be increased to 50 by the end of this year.

Entrepreneurship development through training and capacity building is ensuring product quality and boosting global demand for the J&K’s craft.

GI certification for seven crafts including Carpets, Pashmina, Sozni, Khatamband, Walnut Wood carving, Paper Mache, Kani Shawl has been done, besides 1.55 lakh artisans have been trained through 432 training centres. Now, artisans have easy access to bank credit to tide over their working capital problems.

The modernization and upgradation of Government Silk Weaving Factory at Rajbagh, Srinagar is another important step taken by the government towards the revival and holistic development of silk industry in the UT.

On the sidelines of the event, the Lt Governor also highlighted the achievements registered in various sectors in Anantnag, and said that all the districts are also setting new paradigms of development work.

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