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Home City News Srinagar

Workshop on NID Scheme held in Srinagar

K H News Service by K H News Service
June 30, 2018
in Srinagar
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Srinagar: Directorate of Industries and Commerce organized an awareness workshop on New Industrial Development (NID) Scheme to disseminate information among the entrepreneurs at Sanat Ghar Bemina here Friday

On the occasion, Joint Secretary Department of Industrial Policy and Promotion (DIPP) Ministry of Industries and Commerce Government of India Dr Vandana Kumar informed that the central government had notified new industrial development schemes for three states which are Jammu & Kashmir, Himachal Pradesh and Uttrakhand. In this Scheme, an overall subsidy is enhanced to Rs 5 crore from earlier Rs 3 crore in organized as well as unorganized sector.

She further informed that the Ministry had recently launched the web portal for Industrial Development Scheme for the Himalayan States which is available on www.dipp.nic.in.

“All eligible units would have to register under the scheme through this portal. Then units will become eligible to receive all government benefits. Applicant has to apply online along with DPR. The final grant of registration and approval will be decided by the Empowered Committee for the eligibility of the Industrial unit on the basis of availability of Budget to decide the eligibility for registration under the scheme,” She explained.

It was said  units which have commenced production on or after June 15, 2017, will be allowed to register with DIPP portal up to September 30, 2018. Preferences will be given to MSME units. Interested can send their queries to [email protected] and [email protected].

Principal Secretary Industries and Commerce Department Shalinder Kumar highlighted the benefits of New Industrial Development Scheme to the participants.

Directors of Industries and Commerce Kashmir and Jammu, MD SIDCO,    MD SICOP, Representatives of all Trade Bodies, Members of FICCI and other concerned officers attended the workshop.

K H News Service

K H News Service

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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