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P1, 4 col top with foto J&K gets a shot in the arm on self-employment front 94,680 startups engaged to start new units; 2 lakh farmers provided with Kisan Credit Card

Date:

Jammu Tawi, January 24: J&K Administration today distributed sanction letters to set up new units and startups to 94,680 youth in an official function at Jammu two days ahead of the 75th   Republic Day.

The Lieutenant Governor of J&K, Manoj Sinha termed the event as ‘J&K scripting a new record by providing entrepreneurship and self-employment opportunities to 94,680 youth in a single day'.

“This momentous occasion also marks a significant leap forward in transforming the UT's economic landscape and It will fulfil the dreams of youth and their aspiration of being a job creator and not a job seeker,” the Lt Governor said.

Congratulating Bank for its endeavour to strengthen the spirit of Ghar Ghar KCC Abhiyaan and Swarozgar Utsav, Sinha said the J&K Bank is playing its important role for the betterment of common people.

Swarozgar Utsav for entrepreneurship and self-employment covered all Panchayats of J&K UT and J&K Bank will provide Rs. 1384 Crore to set up new units and Startups, the Lt Governor observed. We will provide training and supportive infrastructure to create sustainable employment for more youth in these units, he said.

The Lt Governor also highlighted the achievements registered in saturation of Kisan Credit Card across the Union Territory.

Lt Governor underscored the scope for input credit in and MSME sectors to help farmers and youth for creating employment opportunities besides attaining self-sufficiency.

He directed the J&K Bank to achieve saturation in Ghar Ghar KCC Abhiyaan, Stand-Up and Startups.

We have a lot of expectations from J&K Bank and I expect Bank to devise campaigns to take Financial Literacy programs to a vast portion of the population. Under Back to Village and My Town My Pride programs, the banks must strive to achieve the envisaged target for extension of financial assistance to enterprising youth, he observed.

Sinha emphasized over the economic needs of farmers, youth and women to be catered with people-friendly schemes aimed at creation of employment and livelihood opportunities not only for the beneficiaries but those associated with them too.

The Lt Governor launched the Kisan Sathi Chatbot, an AI-based farmer-friendly application of the Agriculture Production Department. Pertinently, J&K bank has also contributed Rs 40.27 Lakh under its CSR initiative for the chatbot application.

Two cheques worth Rs 3.35 Cr and Rs 3.84 Cr under J&K Bank CSR Programme were handed over to representatives of Jammu Smart City and Srinagar Smart City, respectively, for construction of e-bus bays/passenger sheds for the convenience of commuters.

J&K Bank also committed to the Administrative Secretary, Department of and Medical Education for providing 120 Patient trolleys and 120 wheelchairs to all the district hospitals of J&K UT, handing over of cheque worth Rs 26 Lakh for two transport ambulances to Principal Government Medical College Jammu and Rs 34 Lakh for one critical care ambulance to Director SKIMS.

A cheque of Rs 24 Lakh was presented to the Commissioner Secretary Social Welfare; Rs 69.73 Lakh cheque to Sewa Bharati representative; a cheque worth Rs 11 Lakh to Vice-Chancellor Central University of Jammu and Rs 12 Lakh to Vice-Chancellor University of Jammu under various heads.

Atal Dulloo, Chief Secretary; Shailendra Kumar Principal Secretary Agriculture Production Department; B. Sridhar, CGM NABARD; Baldev Prakash, MD and CEO J&K Bank and other senior officials were present.

Northlines
Northlines
The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

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