KL News Network
Srinagar
Finance Minister Dr Haseeb Drabu Wednesday announced the formulation of a scheme to help restore the livelihood of the 696 identified fur artisans who were affected due to ban on the fur trade way back in 1972.
The scheme will be implemented in two years viz. 2017-18 and 2018-19.
While delivering the Budget Speech Dr Drabu said, “A target of 348 cases per year shall be exclusively kept for these fur artisans to avail the benefit of the scheme. The State Government shall make a special incentive equivalent to 5 per cent of the project in each case as substitute to 5 per cent beneficiaries share required as per the guidelines of PMEGP.”
A budgetary provision of Rs 2 Crore for the current year has been provided.
