Special Employment Generation Programme in Odisha to Be Launched Soon

Employment
July 9, 2016 | Last Modified: July 9, 2016 at 11:24 am | Category: Odisha

Special Employment Generation Programme, a self employment scheme will be launched by the state government of Odisha before the upcoming Panchayat elections. Under the Special Employment Generation Programme, the state government will provide a bank loan up to Rs 5 lakh to traditional artisans.

Spinners, weavers, carpenters, blacksmiths, potters, cobblers, barbers and washermen will be eligible to avail loans under the new scheme. Margin money subsidy of up to 25 per cent will be provided under the scheme. The state government proposes to set up 7,850 units within five years (five units in each block of the state per annum) under the scheme.

Special Employment Generation Programme will implemented by the Odisha Khadi and Village Industries Board.

The main objective of the scheme is to generate self-employment in rural areas and especially to promote tiny units for which bank finance was not available earlier. The scheme is a tribute to Biju Patnaik, who had dreamed of panchayat industries as early as in the 1960s.

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