Kargil, Mar 06: A one-day workshop aimed at improving access to institutional credit and strengthening financial awareness among Micro, Small and Medium Enterprises (MSMEs) and Self-Help Groups (SHGs) was held at Kargil on Friday under the Raising and Accelerating MSME Performance (RAMP) Programme of the Ministry of Micro, Small and Medium Enterprises, Government of India.
The programme was organised by the District Industries Centre (DIC) Kargil as part of the LA-12 intervention designed to encourage engagement between entrepreneurs and banking institutions. Around 30 local MSME entrepreneurs, SHG members, and artisans associated with the handloom and handicraft sector participated in the workshop.
The event focused on enhancing awareness about credit facilities, government support schemes, and financial procedures required for enterprise development.
Functional Manager, DIC Kargil, Mudassir Rahowf Wani, welcomed the participants and resource persons. In his presentation, he explained the objectives of the RAMP programme and outlined various initiatives undertaken by the Industries Department to support the growth of MSMEs in the region. He underlined the need for formal business registration, financial discipline, and access to institutional credit to strengthen the local entrepreneurial ecosystem.
Lead District Manager Kargil, Tsering Morup, briefed participants on various banking products and credit schemes available for MSMEs and emerging entrepreneurs. He also explained loan application procedures, documentation requirements, and the role of banking institutions in supporting small businesses.
District Development Manager of NABARD, Anub Tsetan Paljor, delivered a session focusing on initiatives aimed at strengthening Self-Help Groups, cooperative institutions, and rural enterprises. He spoke about financial support mechanisms and capacity-building initiatives undertaken by NABARD to assist community-based organisations and entrepreneurs.
Mohd Ali from the Ladakh Rural Livelihoods Mission also addressed the participants, highlighting programmes that support SHGs, rural entrepreneurs, and livelihood promotion activities across the region.
The workshop served as a platform for interaction between government officials, bankers, and entrepreneurs. Participants engaged in discussions and sought clarification on loan procedures, documentation requirements, compliance with Goods and Services Tax regulations, and other support schemes.
The programme concluded with an interactive session during which participants raised queries related to credit facilities, enterprise development, and MSME schemes. Resource persons responded to the questions and provided guidance on navigating institutional finance and government support mechanisms.
