JAMMU: J&K administration has scripted a new record by providing entrepreneurship and self-employment opportunities to 94,680 youth in a single day, with LG Manoj Sinha handing over sanction letters to set up new units and startups at a function in Jammu on Wednesday.
This will “fulfill the dreams of youth and their aspiration of being a job creator and not a job seeker”, Sinha said.
“This momentous occasion also marks a significant leap forward in transforming the UT’s economic landscape,” the LG added, and congratulated Jammu Kashmir Bank for its endeavour to strengthen the spirit of Ghar Ghar KCC Abhiyaan and Swarozgar Utsav — two ongoing campaigns aimed at financial empowerment of farmers and the youth, respectively.
Swarozgar Utsav for entrepreneurship and self-employment covered all panchayats of the UT, Sinha said. J&K Bank would provide Rs 1,384 crore to set up new units and startups, while the administration would provide training and supportive infrastructure to create sustainable employment for more youth in these units, he added.
Under Ghar-Ghar KCC Abhiyaan, about 2 lakh farmers had been provided with Kisan Credit Card to ensure they had access to reliable, adequate and affordable credit, the LG further said.
He also felicitated successful entrepreneurs and farmers financed by JK Bank and launched Kisan Sathi Chatbot, an AI-based farmer-friendly application of the agriculture production department, for which J&K Bank has also contributed Rs 40.27 lakh under its CSR initiative.
This will “fulfill the dreams of youth and their aspiration of being a job creator and not a job seeker”, Sinha said.
“This momentous occasion also marks a significant leap forward in transforming the UT’s economic landscape,” the LG added, and congratulated Jammu Kashmir Bank for its endeavour to strengthen the spirit of Ghar Ghar KCC Abhiyaan and Swarozgar Utsav — two ongoing campaigns aimed at financial empowerment of farmers and the youth, respectively.
Swarozgar Utsav for entrepreneurship and self-employment covered all panchayats of the UT, Sinha said. J&K Bank would provide Rs 1,384 crore to set up new units and startups, while the administration would provide training and supportive infrastructure to create sustainable employment for more youth in these units, he added.
Under Ghar-Ghar KCC Abhiyaan, about 2 lakh farmers had been provided with Kisan Credit Card to ensure they had access to reliable, adequate and affordable credit, the LG further said.
He also felicitated successful entrepreneurs and farmers financed by JK Bank and launched Kisan Sathi Chatbot, an AI-based farmer-friendly application of the agriculture production department, for which J&K Bank has also contributed Rs 40.27 lakh under its CSR initiative.
