Staff Reporter

‘Financial package has presented a plan to face the economic slowdown’

He hoped that PMEGP would generate more jobs during these difficult times.

KOCHI: Fisheries and Registration Minister S. Sarma has said that as in many fields including health and education, the State has set a model for the rest of the country in preparing the budget.

Delivering the inaugural address at a State level workshop on the Prime Minister’s Employment Generation Programme (PMEGP) at the Town Hall on Friday, Mr. Sarma showered praise on the State budget, claiming that it presented a clear plan to face the challenges of the economic downturn.

The budget provides for exponential investment in the infrastructure development, proposes to strengthen the domestic market and create more job opportunities, he said.

Mr. Sarma also appreciated the provision for old age pension.

Stating that augmenting the purchasing power of the people was the only way to overcome the challenges of the economic slowdown to a certain extent, he said the budget aims at achieving this.

Mr. Sarma expressed the hope that PMEGP would generate more jobs during these difficult times.

The workshop was jointly organised by the Khadi and Village Industries Commission, (KVIC) Khadi and Village Industries Board and the District Industries Centre.

It aimed at creating awareness among the prospective beneficiaries and banking representatives about PMEGP that is being implemented from this year. K. Mohan Raju, State director, Khadi Village and Industries Commission; K.M. Rajendran, director, PMEGP, Kerala Khadi and Village Industries Board (KKVIB); K.A. Ouseph, lead district manager, Union Bank of India, Ernakulam; and V.C. George, director, Union Bank of India and Rural Development and Self Employment Training Institute were present. K.P. Lalithamaney, deputy director, KVIC, welcomed the gathering and Sreekumar, project officer, KKVIB, proposed voted of thanks.