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news details
The Business School, University of Jammu, organizes interactive session
2/1/2024 10:30:13 PM
Early Times Report
JAMMU, Feb 1: The Business School (TBS), University of Jammu, conducted an interactive session on 'Start-Ups and Banking Sector in UT of J&K' at the Reserve Bank of India (RBI), Jammu. The session aimed to discuss the findings of the ICSSR Short Term Empirical Collaborative Research project titled "Analyzing Impact of Indian Start-up Ecosystem in UT of J&K." The session began with a formal welcome address by Mr. Shubab Rata Ghosh Maulik, DGM, RBI, followed by an address from Mr. Sandeep Mittal, GM, RBI, who highlighted the main theme and commended the efforts of Prof. Vinay Chauhan, Director of The Business School. Prof. Vinay Chauhan, Director of TBS and Project Coordinator, delivered a captivating presentation on the Startup culture in UT of J&K. He emphasized the role of financial institutions, especially RBI, in fostering innovation and entrepreneurship. Dr. Rohit Bhagat discussed the major observations and empirical findings based on primary data collected from registered startups in the region. Dr. Nidhi Pathania shared live cases, highlighting gaps in the implementation of the startup scheme, and Dr. Saloni Devi presented short-term and long-term recommendations along with key findings. The session provided a platform for an engaging dialogue, exchanging ideas, and discussing ways to strengthen the Start-Up ecosystem in UT of J&K. Discussions focused on streamlining regulatory processes, learning from successful models in other states, and facilitating investments in startups. Prof. Vinay Chauhan assured that TBS, JU, in collaboration with RBI, will strive to emulate successful startup models from states like Gujarat and Karnataka in UT of J&K. Sandeep Mittal, GM, RBI (Jammu), expressed agreement with Prof. Chauhan's vision. The session concluded on a positive note, with plans for more such sessions in the future to promote an entrepreneurial culture in UT of J&K and contribute to the goal of making India a "Viksit Bharat."
The session witnessed the presence of higher officials from RBI and staff members. Dr. Mohd. Anwar, AGM at RBI, delivered a formal vote of thanks, marking the end of the session. The collaborative efforts between academic institutions like TBS and financial institutions like RBI underscore the commitment to fostering innovation and entrepreneurship in the region.
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