Mayank Sharma

A New Era for Ladakh’s Development

On a notable day for rural development in India, Union Minister for MSME, Shri Jitan Ram Manjhi, inaugurated the Centre for Rural Enterprise Acceleration through Technology (CREATE) at Leh via virtual mode. This significant event aims to drive rural industrialization and support local artisans in Ladakh. The ceremony was graced by esteemed guests, including the Hon’ble Minister of State for MSME, the Hon’ble Lieutenant Governor of UT Ladakh, and other key officials, alongside approximately 200 local artisans.

What is CREATE?

The Centre for Rural Enterprise Acceleration through Technology (CREATE) is a new initiative designed to boost local productivity and economic potential in Ladakh. The centre will focus on:

Pashmina Wool Roving Facility
Essential Oil Extraction Training
Bio-processing Training

Pashmina Wool Roving Facility

CREATE will feature a state-of-the-art facility for processing Pashmina wool. This facility, already equipped and operational, is expected to enhance the quality and quantity of Pashmina wool production in Ladakh.

Essential Oil Extraction Training

The centre will also offer training programs for producing essential oils from roses and other flowers. This will enable local entrepreneurs to enter the growing market for natural and organic products.

Bio-processing Training

CREATE will provide training for bio-processing fruits and other raw materials. This will help add value to local produce and open up new business opportunities.

Impact on Ladakh’s Local Economy

The inauguration of CREATE is a game-changer for Ladakh. Here’s how it will impact the region:

Enhanced Productivity: The new facilities and training will help local artisans and businesses improve their productivity and product quality.
Economic Growth: By creating new business opportunities and enhancing local products, CREATE will stimulate economic growth in Ladakh.
Sustainable Livelihoods: The centre’s initiatives will create sustainable livelihoods for local communities and support traditional artisans.

Supporting Local Artisans

CREATE is dedicated to supporting traditional artisans and fostering enterprise creation in Ladakh. The centre aims to:

Retain Traditional Skills: By offering advanced training and facilities, CREATE will help preserve traditional skills and knowledge.
Promote New Enterprises: The centre will encourage the creation of new businesses, contributing to the region’s economic development.
Improve Livelihoods: CREATE’s programs will enhance the livelihoods of local communities and support their economic well-being.

Conclusion

The inauguration of the Centre for Rural Enterprise Acceleration through Technology (CREATE) at Leh marks a new chapter for Ladakh. With its advanced facilities and training programs, CREATE is set to significantly boost productivity, product quality, and economic potential in the region.

Source: PIB.

___________________________________

For more insights on SME, Startups and Businesses and Socio-Politico News visit BharatiyaMedia.com. For editorial inquiries, email sharma.maayank@yahoo.com, and for advertisements and other enquiries, contact us at contact@entrepreneur.org.in.

About the author

View All Posts

Mayank Sharma

Mayank Sharma is a distinguished senior business journalist with a deep expertise in SMEs and startups. With a rich background in business journalism, he has held significant editorial roles, including Editor of Small Business News Express (2012-2017) and SME Samadhan portal (2018-2022). His editorial contributions extend to The Empire Magazine, and he writes for renowned publications and portals such as News Track, Apna Bharat, and Corporate Insight. Mayank's insightful coverage and analysis continue to shape the discourse around business and entrepreneurship.

Inauguration of Centre for Rural Enterprise Acceleration through Technology (CREATE) at Leh

A New Era for Ladakh’s Development