Banks should provide hassle-free services to start-ups in J-K:

The banking sector in Jammu and Kashmir should create entrepreneurship culture in the state by providing hassle-free services to start-ups, Union minister Kalraj Mishra said today.
Speaking at a daylong workshop on Prime Minister's Employment Generation Programme (PMEGP), the Minister for Micro, Small and Medium Enterprises (MSME) said banks should be customer-friendly by providing hassle-free services to entrepreneurs on priority basis.
"Banks should not add to their (entrepreneurs) worries. They should be given free hand in choosing their trades. The financial institutions should professionally perform their job, but dispose of cases on priority. You should be customer-friendly and create entrepreneurship culture by providing hassle-free services to the start-ups," Mishra said.

The minster, who is on a three-day visit to the state to take stock of the small and medium scale industries, directed the officials to reach out to the entrepreneurs and provide them all sort of help and assessment.
"The Union government has created a framework to uplift the small scale and Khadi units across Jammu and Kashmir. My ministry will give all sorts of help to revive and uplift the small scale industries across J-K," Mishra said.
The Union minister said the famous Pashmina, which was out of the ambit of the MSME, has now been included into the list.

"We are doing our every bit to help the small-scale unit holders. By reaching out to the entrepreneurs we can make sure more and more people become self-reliant and self-sustainable," he said.

He said PMEGP would be a big success if more avenues were created for entrepreneurs.
"We are conducting skill development programmes for the entire value chain of manufacturing, starting from village industries to state-of-the-art manufacturing sectors, such as engineering and auto components, among several others.
"We have set a target of training 1.5 crore youths by 2022. The 18 tool rooms and technology development centres under the ministry are providing both long and short-term training to more than one lakh youths at present," he said.

He said his ministry was implementing a number of schemes and programmes for the benefit of the MSME sector and facilitating the promotion and development by giving access to credit, infrastructure development and technology upgradation.