Ahead of R-Day, 94,680 business units, startups sanctioned in J&K
The Hindu
Ahead of the 75th Republic Day, Jammu and Kashmir Lieutenant Governor Manoj Sinha’s administration has provided entrepreneurship and self-employment opportunities to 94,680 youth in a single day. Mr. Sinha distributed record sanction letters for setting up new units and startups.
Jammu and Kashmir Lieutenant Governor Manoj Sinha’s administration has provided entrepreneurship and self-employment opportunities to 94,680 youth in a single day.
Ahead of the 75th Republic Day, Mr. Sinha distributed record sanction letters for setting up new units and startups.
“This momentous occasion also marks a significant leap forward in transforming the UT’s economic landscape. These sanction letters will fulfill the dreams of youth and their aspiration of being a job-creator and not a job-seeker,” Mr. Sinha said.
The Lt. Governor congratulated the Jammu Kashmir Bank for its endeavour to strengthen the spirit of ‘Ghar Ghar KCC Abhiyaan’ and ‘Swarozgar Utsav’, two major campaigns in J&K aimed at financial empowerment of farmers and the youth.
“Swarozgar Utsav for entrepreneurship and self-employment covered all Panchayats of J&K UT, and J&K Bank will provide ₹1,384 crore to set up new units and startups. We will provide training and supportive infrastructure to create sustainable employment for more youth in these units,” Mr. Sinha said.
Under the ‘Ghar-Ghar KCC Abhiyaan’, about two lakh farmers are provided with Kisan Credit Card to ensure they have access to reliable, adequate and affordable credit.
“I see a new revolution is under way in the agriculture and allied sector that will construct new pathways for prosperity of Jammu Kashmir,” the Lt. Governor said.