x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Back Issues  
 
news details
Employment generation schemes launched by NC-Cong Govt proved fruitless: CAG report
3/30/2015 12:50:12 AM
Avinash Azad

Early Times Report

Jammu, Mar 29: Various employment schemes launched by the previous regime in the state with much fanfare have failed to achieve their goal.
Reprimanding failure of the previous government to meet its target, the Comptroller and Auditor General of India (CAG) has revealed in its report that scheme under Skill Development and Employment Generation for Unemployed Youth remained fruitless.
CAG report read that during 2009-14, the state government with the Gol assistance launched a number of schemes, including Sher-i-Kashmir Employment and Welfare Programme for the Youth (SKEWPY), predominantly aimed at imparting skills, promoting creation of jobs and providing relief to them.
CAG report highlighted that the J&K State Overseas Employment Corporation has not been able to provide a single placement even after six years of its establishment.
"J&K State Overseas Employment Corporation set up in October 2009 with a target of facilitating 7000 jobs within five years for the educated/ skilled labour force. But the state had not been able to provide a single placement despite allotment of Rs 5.85 crore to the Corporation since 2009-10. Of this, Rs 64.57 lakh had been incurred on salary and administrative expenses", the CAG report revealed.
Likewise, District Employment Exchanges and Counseling Centres were deficient in delivering the intended role of emerging as facilitation centres. There was overall fluctuation between 6.04 lakh and 2.40 lakh in registration of unemployed youth with DE&CCs. Counselling sessions for unemployed youth were held only in two out of six test-checked districts.
CAG said that against target of 32,490 units to be assisted under Jammu and Kashmir Self Employment Scheme, only 17,799 units had been assisted.
"Excess release of margin money of Rs 55 73 crore to the Banks without linking the release of margin money with actual disbursement of Bank loans was noticed by Audit. In five out of six test-checked districts no recovery of margin money had been initiated against recoverable amount of Rs 10.42 crore (March 2014) in respect of loan cases more than five years old", the report maintained.
The report also picks holes in the Sher-i-Kashmir Employment and Welfare Programme for the Youth. It says release of full seed capital fund of Rs 106 crore in single installment in respect of 3,118 enterprises instead of in tranches to Bank resulted in retention of funds with the Bank.
Against the target of generation of 50,000 jobs during the period of five years under the Women Entrepreneurship Programme, the J&K Women's Development Corporation could generate only 4,714 jobs during four years (2010-14).
Implementation of the World Bank aided project Vocational Training Improvement Project had been tardy due to under-utilisation of funds, delay in procurement of equipment and construction of buildings. Out of 1608 trainees who passed out during 2008-13, only 395 had got employment, the CAG added.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU