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news details
First real-estate summit: Another cruel joke with unemployed youth of Jammu
• J&K Govt fails to evolve a mechanism to ensure reservation for local youth in the private sector
12/28/2021 11:13:13 PM
Early Times Report

Jammu, Dec 28: The much-publicized first-ever real-estate summit organized in Jammu, after spending crores and crores of rupees from cash-starved Union Territory of Jammu and Kashmir, is proved as nothing but another cruel joke with the residents of Jammu.
It was claimed that 39 Memorandum of Understandings (MoUs) worth Rs 18,300 crore were signed to foster growth and development in the Union Territory but nothing has been mentioned about job opportunities for local skilled and unskilled youth of Jammu.
The Jammu and Kashmir government is trying to woo investors to exploit the resources of Jammu province but no mechanism has been ensured to provide reservations to local youth in the private sector also.
Without ensuring reservation for local youth in the private sector, wooing investors is not going to solve the ever-increasing problem of unemployment in the Jammu region.
BJP controlled administration in Jammu and Kashmir must follow the footsteps of the party’s government in Haryana where the government has notified a law to provide 75 percent reservation for local youth in private sector jobs that offer a salary of less than Rs 30,000 a month, from January 15, 2022.
From January 15, all private units have to reserve 75 percent of jobs to local youth to solve the issue of unemployment in BJP Haryana.
“Except publicity, such summits are not going to solve the problem of unemployment of Jammu region”, a source said and added that very like previous events there will be no follow-up of this summit also.
After the summit, the government claimed that titans of India’s real estate sector, including promoters in residential, retail, and commercial space, entertainment industry, tourism and hospitality, logistics and warehousing, and financing institutions came together for the growth of J&K at the first-ever real estate summit-2021.
Earlier the Jammu and Kashmir had decided to identify 60,000 kanals (around 7,500 acres) of government land for potential investors.
Of the 60,000 kanals, 50,000 kanals are in Jammu and 10,000 in Kashmir. The land to be identified will either be rented out, leased, or even sold to potential investors across the globe.
The J&K Government has decided to allot 50,000 kanals of land from Jammu to private investors but authorities have not taken any step to ensure job reservation to locals in private sector.
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