(THE GIST OF PIB) Centre for Rural Enterprise Acceleration through Technology

(SEPTEMBER-2024)

Centre for Rural Enterprise Acceleration through Technology

• Recently, the union Minister for Ministry of Micro,Small & Medium Enterprises (MSME) inaugurated the Centre for Rural Enterprise Acceleration through Technology (CREATE) setup at Leh through virtual mode.

About Centre for Rural Enterprise Acceleration through Technology:

• It will enhance local productivity, product quality, and economic potential and improve livelihoods for the local communities.

• It will help advance rural industrialization and foster enterprise creation, to retain the traditional artisans particularly in regions like Ladakh.

CREATE will provide

• A Pashmina Wool Roving Facility.

• Training for development of production facility for Essential Oil Extraction from Roses and Other Flowers and Training for development of production facility for Bio-processing of available fruits and other raw materials.

• The machinery required for Pashmina wool roving has been installed, commissioned and is ready for operation.

What is Pashmina Wool?

• Pashmina refers to a fine variant of spun cashmere (the animal-hair fibre), that is derived from the downy undercoat of the Changthangi.

• Pashmina is obtained from a breed of mountain goats (Capra hircus) found on the Changthang Plateau in Tibet and parts of Ladakh.

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Courtesy: PIB