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Financial Assistance to Implement KVI Programme in the Hill, Border & Left Wing Extremism Affected Areas Under ADB Assisted KRD Programme

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Capital Market
Last Updated : Sep 12 2014 | 2:15 PM IST
Government of India has launched Khadi & Village Industry (KVI) Programme in the Hill, Border & Left Wing Extremism (LWE) affected areas in respect of 100 institutions with financial assistance amounting to Rs.76 crores i.e. Rs.76 lakhs/institution to be met out of the savings of Rs.134.72 crores within the overall fund of US$150 million from ADB towards Khadi Reform Development Programme (KRDP).

Relaxation under the KVI Programme in the Hill, Border & LWE Areas are as follows:-

i. Relax the criteria about the category of the institutions to be covered under KRDP from A+, A and B category to include C category also.

ii. Relax the condition of Registration of a minimum of 200 artisans with the institution for the Hill, Border & Left Wing Extremism (LWE) Affected areas.

The following conditions are prescribed for the institutions to be assisted in the Hill, Border and LWE affected districts:

i. The institutions should implement programme in a composite manner i.e. production and marketing.

ii. The institution has to satisfy the categorization norms of KVIC and belong to any of the category among A+, A, B and C.

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iii. The institution is willing to strive to provide work to minimum 50 new/additional persons living in that area.

iv. The institution should arrange adequate land or building to accommodate the infrastructure envisaged in the programme.

v. Preference will be given to institutions engaged in the implementation of Khadi Programme in these areas for at least three years.

vi. The institutions would make payment to the artisans through Bank Accounts / Post office Account.

The assistance provided under Direct Reform Assistance (DRA) for the institutions under the Hill, Border and LWE districts will be as follows:

A.   Production Reforms

S. No Particulars Rs. (lakhs)1

Implements (75 Charkhas + 15 looms)

152

Common Facility Centre (CFC) [Ready wrap, yarn dyeing, fabric printing, readymade garments facilities, testing laboratories, Services and maintenance etc.

103

Work shed for CFC etc

84

IT and Managerial [Computer and remuneration to Reform implementation officer]

55

Training

36

Installation

17

Margin money for working capital

148

Total

56

B.   Marketing Reforms

S. No Particulars Rs. (lakhs)1

Store layout

152

Inventory management

3

Local publicity

54

Total

20Grand Total (A + B) = Rs.76.00 lakhs

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First Published: Sep 12 2014 | 1:15 PM IST

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