A total of 2,338 new small and micro enterprises in Ernakulam district generated 13,529 employment opportunities during 2015-16 from a total investment of Rs.369.44 crore.
The district saw the registration of 2,167 new enterprises after the Udyog Aadhar scheme came into effect in September 2015.
A review of the operations of the District Industries Centre (DIC) for the last financial year said entrepreneur support programmes under the Prime Minister’s Employment Generation Programme (PMEGP) and the State government’s Entrepreneur Support Scheme had shown considerable progress in the district.
Funds
The DIC distributed Rs.6.39 crore under the State government scheme and Rs.66.83 lakh in subsidy under the PMEGP during the last financial year.
The DIC received a total of 200 applications under the State government scheme for which a total of Rs.8.74 crore was sanctioned during the last financial year.
Of them, 92 entrepreneurs were given the support money, according to the review.
Cooperative societies
The DIC also identified 38 sick enterprises last year for which help is being extended for revival and rehabilitation.
The centre has also been successful in coming to the aid of cooperative societies.
There are around 2,500 workers in the industrial cooperatives in the district.
A total of 21 handloom cooperative societies, 36 handicraft cooperatives and 228 cooperatives in other sectors have been registered in the district.
Of them, 13 handloom societies are in operation and eight are not operational. One of these is on the verge of liquidation.
Among the handicraft societies, 21 were not functional, said the review report.
Industrial clusters
The district has also been on the forefront of industrial cluster development.
There are six clusters in various sectors in operation.
There are a total of 215 members registered in these industrial clusters.
