SRINAGAR: The Director JKEDI, Ajaz Ahmad Bhat today inaugurated a 10-Day Entrepreneurship Development Programme (EDP) at the Centre for Women Entrepreneurship, JKEDI. Another programme was also e-inaugurated in the Kupwara district.
The scheme is a special endeavour of Mission Youth, Government of Jammu and Kashmir, aimed at providing financial assistance to young women for setting up gainful self-employment ventures suited to their skills, training, aptitude, and local conditions. It will empower and encourage women to set up income-generating units through manufacturing, services, or trading activities.
The candidates will undergo a 10-Day training programme with a focus on self-development, basic business skills, business and marketing plan formulation, account management, and sector-specific technical inputs and will be apprised of all the formalities involved in setting up an enterprise. The aim of the programme is to help the candidates to be self-reliant and facilitate their capacity building.
Director, JKEDI, Ajaz Ahmad Bhat stressed the need for inclusive growth through women empowerment and inclusion of tribal, backward and border populations in nation-building as envisaged by the UT Administration. The candidates also requested the Director to the enhancement of project cost as it will enhance the project’s viability. The Director assured all possible help under the norms of the scheme.
Upon successful completion of the training program, these registered female candidates will receive assistance in establishing or expanding an existing business. The project report will also have provisions for the acquisition of fixed assets (Plant & Machinery, equipment, furniture & fixtures) to meet working capital needs for the purchases of various products, equipment, and tools.
The trained female candidates shall also be facilitated to avail of financial assistance to the extent of Rs 5.00 lakh. Through this initiative, women will be able to improve their socio-economic status and become more involved in nation-building.
