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| Govt giving wings to aspiring entrepreneurs through various initiatives | | | Early Times Report
SRINAGAR, Sept 21: To give wings to the young generation of J&K and make them able to take entrepreneurship journey, the J&K Government with the help of banks has disbursed around Rs. 1840 crores in favour of 53,299 aspiring entrepreneurs this fiscal.
The government has worked out two pronged strategy for establishing entrepreneurship ecosystem across J&K. Several investors from reputed organisations are investing here and handholding young entrepreneurs to make them job providers.
The Ministry of Home Affairs recently said that 29,806 people had been hired by the J&K administration and it was estimated that 5.2 lakh jobs have been created through self-employment programmes in the last three years across Jammu and Kashmir.
The government has introduced a variety of self-employment programmes during the last three years to aid young people in starting their businesses.
One of the J&K administration's most fruitful efforts has been the Mission Youth programme.
Under Mission Youth, opportunities are being provided to young boys and girls to become entrepreneurs through schemes like Mumkin, Tejaswini, Rise Together and Parvaaz. J&K made significant strides towards making urban and rural women financially independent through Hausla, Saath, Umeed and House Stay programmes. As many as five lakh rural women have been empowered through Self Help Groups, thereby neutralizing the sense of insecurity and despondency.
A sustainable livelihood line in the transportation industry has been established for unemployed youth with the help of 'Mumkin' (livelihood generation) programme run by Mission Youth.
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