JAMMU: On the eve of 74th Republic Day, Lieutenant Governor, Manoj Sinha felicitated and handed over certificates to selected youth who have availed the assistance to start their own business venture.
The Lt Governor said that the administration is fully committed to youth entrepreneurship and ensuring self-employment opportunities.
“We have taken many steps to create supportive infrastructure, schemes and policies to speed up economic development of Jammu Kashmir and to meet the aspirations of our young people. Mission Youth, JKRLM and other government agencies along with J&K Bank are helping thousands of new entrepreneurs to set up businesses. The drive during Back to Village and My Town My Pride created a new record enabling 75,000 young entrepreneurs to start a new chapter of their life while celebrating Azadi Ka Amrit Mahotsav,” the Lt Governor said while attending J&K Bank’s Nayi Disha programme.
He said that 75,000 youth were provided with entrepreneurship opportunities during the Jan-Abhiyan programme in Jammu and Kashmir.
The administration has taken many steps to create supportive infrastructure, schemes and policies to speed up the economic development of the Union Territory, he said and saluted the hard work of all the youth who have helped build a “new Jammu and Kashmir”.
“The administration will ensure aspirations, creativity and enterprise of every youth are realized and they are empowered. We have been steadfast in our resolve to provide self-employment opportunities to youth and last year,” the LG said.
On the eve of the 74th Republic Day, Sinha handed over certificates to selected youth who have availed the facility to start their own business venture.
LG further said that government agencies along with the Jammu and Kashmir Bank are helping thousands of new entrepreneurs to set up businesses.
“J&K Bank has shed its past image. It is now the common man’s bank and significant partner of J&K’s developmental journey. Several initiatives have been taken to ensure financial inclusion where every citizen, irrespective of socio-economic status, is empowered to participate in the new age economy”, observed the Lt Governor.
Speaking on the potential of youth of J&K, the Lt Governor said, from service sector to agri-entrepreneurs & start-ups, our youth have achieved unprecedented success.
“Pulwama has set a new record by providing opportunities to 7324 youth to set up their own business venture. J&K setting up maximum number of manufacturing units in PMEGP in the country last year and also generating maximum number of employment is a testimony to our commitment to youth,” he added.
On the occasion, the Lt Governor also launched various initiatives of the J&K bank including enhancement of Group Personal Accident Insurance from Rs 15 lakh to Rs 25 lakh for J&K UT Government Employee and Instant loan disbursal for J&K Government employees.
An MoU between J&K Bank and Jammu Kashmir Energy Development Agency (JAKEDA) was also signed in presence of Lt Governor. The Lt Governor appealed to people to take maximum benefit of the Energy development scheme.
