Setting the job creation target for around 5,000,000 young people: CS to Banks


Chief Secretary Dr. Arun Kumar Mehta today set the banks a target of creating about 5 lakh jobs for J&K youths.

He stressed that banks need to be more socially responsive by focusing on lending to priority sectors. He asked them not to focus only on grants, but rather to be the platforms to generate gainful and sustainable jobs.

Dr. Mehta was speaking at a meeting to review the progress of self-employment programs here at UT.

The meeting was attended by Principal Secretary, H&UDD; Principal Secretary, SDD; Commissioner Secretary, L&E; Commissioner Secretary, Welfare; Secretary, Tribal Affairs; Secretary, Planning; Secretary, Tourism and YS&S; secretary, IT; Secretary, Culture; Secretary, Agriculture; Director, Employment; representatives of different banks and many other leaders concerned.

The Chief Secretary has pressured all banks to work towards saturation of self-employment schemes. He said our motivation should be to reach every unemployed young person at UT and provide them with sustainable employment opportunities through various programs.

Dr. Mehta affirmed that a lot of progress has been made in the past in every aspect of job creation and the speed and transparency of the whole financial aid process. He advised them to work to ensure the benefit reaches all eligible people there.

The Chief Secretary inquired about the proportion of artisans, weavers and other educated people covered by the various schemes intended for them. He insisted on granting loans according to real guidelines without creating difficulties for applicants. It has also impressed on creating viable and long-lasting units that are profitable for its holders.

Dr. Mehta also requested relevant departments to conduct a mega preference employment campaign next month in each bloc so that awareness is created among all potential beneficiaries in rural and remote areas. He advised them to complete it at the panchayat level at the same time as the “Return to the Village” program so that beneficiary coverage trickles down to each panchayat.

He also reviewed the progress made under the respective employment programs extended by different departments and the targets set for them earlier. He implored them to regularly review their progress and take instant action to achieve their goals on time.

The Chief Secretary was informed that under the PMEGP, the Ministry of Industries and Commerce settled some 1,379 cases sanctioning an amount of Rs 5,669.00 lakhs with potential job creation for 5,291 people. Similarly, KVIB had settled 4,462 cases sanctioning Rs 9,512.30 lakhs generating jobs for over 35,000 people.

Moreover, it was revealed that JKRLM has sanctioned 5400 cases amounting to Rs 10400.00 lakhs to 10800 beneficiaries. Under PMEGP (16931 cases), NRLM 2879 cases, NULM (871 cases), JKREGP (447 cases), PMWMY (482 cases), CCS for Artisans and Weavers (1312 cases) was disbursed by the banks with a total amount of Rs 52580.92 lakhs as was given at the meeting.

The meeting was further informed that Departments of Labor and Employment, H&UD, Handicrafts and Hand Weaving, Women Development Corporation had sponsored thousands of cases. Likewise, many other cases have been sponsored under Himayat and by JK SC, ST & OBC Corporation, benefiting thousands of poor and marginalized people throughout the length and breadth of J&K.


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