Srinagar: Asking youth of the state to look for self-employment, Jammu and Kashmir Chief Minister Omar Abdullah has described the process as the right initiative to combat unemployment.
"Micro, Small and Medium Entrepreneurship (MSME) sector offers encouraging opportunities to the youth," Abdullah said after laying the foundation of a Rs 14.60 crore hostel building at Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) Complex at Pampore, 14 kms from here,on Wednesday. "There is a huge potential in agriculture, horticulture, tourism, IT and allied sectors to venture upon and seek economic prosperity for one`s own self and the state," he said.
The chief minister, while referring to one such programme like Sher-e-Kashmir Employment and Welfare Programme for Youth (SKEWPY) said the government is willingly providing all sorts of facilities to the locals to make a career in these fields and be part of the holistic industrial development in the state.
The state government has flagged MSME sector as one of the important concerns, he said, adding that budding entrepreneurs are being encouraged by way of providing financial support, marginal money and loans to do business in this field and earn livelihood for themselves and many more others. "While Government is resorting to different courses to provide enhanced job opportunities to the educated youth in Government sector, the unemployment crisis of the magnitude presently prevailing requires a multi-pronged strategy to deal with," the chief minister said.
Omar said his government is working on this kind of planning to expand the job-market for the youth in government and private sectors. PTI