The government of Punjab has decided to form 25 smart ‘Khadi Villages’ throughout the state, from which the youth of the rural areas would get employment and easy loan facilities to start their own business. The announcement for making these villages was made by the Industry and Commerce Minister of the state Madan Mohan Mittal.
The Khadi Villages, with support from the Punjab Khadi and Gram Udyog Board, would also provide easy loans to the rural youth of Punjab under the Prime Minister Self-employment Generation Scheme. The board has allocated Rs. 140 crore to provide as loans to the youth of the state. Mittal further stated that the state has planned to provide Rs. 35 crore as subsidy to the beneficiaries in order to set up their own business ventures and do business of their liking.
He further announced that the state would get the first multipurpose skill training centre in the entire North India. It would come up at SAS Nagar and would be responsible for making the youth of the state come in terms with the latest technologies and entrepreneurial skills. Under the scheme, kin of those farmers, who have committed suicide due to failure in corps, would be given priority.
This programme would make the young rural people self-dependent and allow them to get along with their lives through employment and business opportunities. It would also help address the unemployment prevailed in the state to a huge extant and help curbing the same.