Union Minister Jitan Ram Manjhi Inaugurates Centre for Rural Enterprise Acceleration through Technology (CREATE) at Leh
| Event | Details |
|---|---|
| Inauguration | Union Minister for MSME, Shri Jitan Ram Manjhi, inaugurated the Centre for Rural Enterprise Acceleration through Technology (CREATE) at Leh virtually. |
| Attendees | Minister of State for MSME, Lieutenant Governor of UT-Ladakh, Chairman of KVIC, officials from the Ministry of MSME, UT-Ladakh, KVIC, MGIRI, and around 200 local artisans. |
| Centre's Objectives | - Pashmina Wool Roving Facility: Machinery for processing Pashmina wool installed and operational. - Training Programs: Facilities for essential oil extraction from flowers and bio-processing of fruits and raw materials. |
| Aim | Boost local productivity, enhance product quality, and improve economic potential and livelihoods for local communities. |
| Minister's Emphasis | Highlighted the importance of advancing rural industrialization and supporting traditional artisans in regions like Ladakh. |
| Rural Enterprise Acceleration Project (REAP) | - Objective: Double rural incomes by diversifying income sources through climate-resilient, cluster-based production systems. - Goal: Reduce distress migration by promoting enterprises and developing supportive ecosystems to address rural economic challenges. |
| Context | High poverty levels in India, exacerbated by the COVID-19 pandemic, despite significant progress in poverty reduction. |