Pranab asks India Inc to help remove unemployment in J&K
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Last Updated: Tuesday, October 26, 2010, 22:57
New Delhi: Making a strong appeal on behalf of Kashmiri youths, Finance Minister Pranab Mukherjee today asked Indian Corporates to encourage them to avail of job opportunities in the private and public sectors and help fight the problem of unemployment in the state.

"All over India, we should encourage them to take up jobs in private sector and in the public sector in various areas so that Kashmiri youths should be employed," he said.

Asking private sector undertakings to set-up their units in the state, the Finance Minister said if they have fears about the turmoil that can be taken care of by the insurance coverage.

"So far as public sector firms are concerned they are entitled to establish the units, we are encouraging them, we are encouraging the private sector if they have apprehension because of the turmoil that could be taken care by the insurance coverage," he said.

Mukherjee said government is offering loans at concessional rates for setting up units in Jammu and Kashmir under the special category.

On the employment issue, the Finance Minister said "Union Home Ministry is working out a plan to provide job opportunity to the unemployed youth particularly the educated unemployed youth."


First Published: Tuesday, October 26, 2010, 22:57

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