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KHADI & VILLAGE INDUSTRIES COMMISSION MINISTRY OF MSME, GOVT OF INDIA MUMBAI Awards 5th Position to J&K Grameen Bank in implementation of Prime Minister’s Employment Generation Programme (PMEGP) in North Zone during the Year 2018-19

During North Zone Bankers Review Meeting on Prime Minister’s Employment Generation Programme (PMEGP) held at New Delhi, Vinay Kumar Saxena, Chairman Khadi & Village Industries Commission (KVIC) felicitated J&K Grameen Bank for bagging 5th position for performance under PMEGP during the FY 2018-19.

A handout stated that J&K Grameen Bank financed 1010 PMEGP projects during 2018-19 under the scheme for which the Government of India had disbursed margin money subsidy of Rs. 1925.8 lakhs.

Janak Raj Angural, Chairman, J&K Grameen Bank said that such honour at national level will boosts the morale of employees and urged them to work even harder, thereby, raising the bar of performance every year.

He further assured that the Bank will continue to play a major role in promoting Government schemes designed for rural development & economic upliftment and thereby be a major facilitator towards changing rural landscape.

For the purpose of carrying on this good work in future too, a meeting with the Head of the Departments of the Bank was convened at its Head Office in Narwal, Jammu. D.K Bali, General Manager and D.D Gupta, Chief of Audit, Inspection & Vigilance Department were also present on the occasion.