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news details
Successive regimes left jobless educated youth from far-off areas of JK in lurch
10/8/2019 10:51:44 PM
Early Times Report
Jammu, Oct 8: The Jammu and Kashmir government has done little till date to uplift the educated jobless youth hating from the far flung areas of the erstwhile state.
Official sources informed that the previous regimes had done little to ensure that the youth having from the far off areas of Jammu and Kashmir could be provided with employment avenues and assisted with livelihood generation programs.
Take this or example. The seed capital fund scheme launched under Sher-e- Kashmir Employment & Welfare Program for youth (SKEWPY) which was aimed to provide seed capital fund to the willing candidates for starting self employment ventures, proved to be a flop show in the backward areas of the state with the government taking no measure to aware the unemployed youth in far flung areas about such an initiative.
Documents in possession of the Early Times reveal that due to the lack of awareness in the backward districts was mere 0.87 percent of the total coverage.
Reports informed that out of the total 3118 units which were established in JK, 1261 units which is about 40 percent of the total had been covered in the capital cities Srinagar and Jammu. For these two cities, seed capital to the tune of 43.85 crore out of 106 crores has been issued. But ironically, in the backward areas of the state including Kishtwar, Reasi, Kragil and Ramban, the coverage under such a scheme was mere 0.87 percent.
Reports informed that there was no awareness at all launched by the state authorities over introducing the seed capital scheme in the far flung areas. Though the youth of the backward districts of the state expressed much interest in seeking the assistance for starting their own ventures but the non- serious approach of the state authorities again have left the people there in lurch. "There were scores of youth living far away from the capital cities of Srinagar and Jammu who wanted to take benefit out of the government schemes but there was no heed paid by the state government over such issues," one of the official while pleading anonymity divulged.
Reports informed further that the state government the full seed capital fund of 106 crore rupees was released in a single instalment to 3118 applicants, resulting in retention of huge interest free funds with the JK bank and concomitant loss to the state government. Such a measure goes contrary to the norms of the seed capital scheme which was to release payments to the entrepreneurs in instalments. After the release of the first tranche of loan, the release of further instalments is subject to meeting the benchmark in the DPR by the entrepreneur.
The scheme was given much hype when launched in December 2009 and is being implemented by the JKEDI and the Jammu and Kashmir Bank. The scheme claims to be envisaging counselling, guidance and training in entrepreneurship and providing of seed capital fund to the willing candidates for starting self employment ventures within age group of 18 to 37 years and having minimum qualification of 10+2.
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