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| J&K Needs Entrepreneurs | | | Despite several initiatives taken by the government the issue of unemployment remains unresolved in Jammu and Kashmir. For a region with a young and aspirational population, the inability to generate sufficient employment opportunities not only fuels frustration but also risks undermining long-term stability and development. Addressing this challenge requires a decisive shift in thinking — from an overreliance on government jobs to building a vibrant ecosystem that nurtures entrepreneurship and private enterprise. While delivering the keynote address at the Annual Start-up Mela of the Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) Chief Minister Omar Abdullah stated the jobs can be provided by establishing a strong entrepreneurship ecosystem across J&K and providing youngsters with opportunities to excel. During all these years it has been proven beyond doubt that government cannot provide jobs to all and the youth have to become job providers not seekers. A vibrant private sector, hand-holding of existing industrial units, and encouraging start-up entrepreneurs are important to address unemployment. The changing times have driven home a point that J&K youth are no longer limited to traditional employment avenues and are increasingly embracing innovation-driven enterprises across sectors such as agriculture, technology, handicrafts, tourism, renewable energy, and services. Today Zomato, Blinkit, Uber and Swiggy have become big enterprises, when these services were launched no one had even thought that these brands will become so huge. But today they are ruling the market. In Jammu and Kashmir, JKEDI, universities, and educational institutions have been entrusted with the responsibility to identify start-ups with the objective of nurturing the entrepreneurship and ecosystem that would empower the youth. At the same time, strengthening the private sector remains indispensable. Reviving and hand-holding existing industrial units, encouraging micro, small, and medium enterprises (MSMEs), and attracting responsible private investment can generate sustainable employment. A stable policy environment, improved connectivity, reliable power supply, and investor-friendly reforms are essential to building confidence among entrepreneurs and investors alike. Yet, entrepreneurship alone cannot be viewed as a silver bullet. Skill development, career guidance, and aligning education with market needs must go hand in hand with start-up promotion. |
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