J&K open for business, committed to building strong and sustainable partnership: LG

Asserting that Jammu and Kashmir is open for business and committed to building a strong and sustainable partnership, Lieutenant Governor Manoj Sinha sought support of the national-level investors and industry experts in creating robust infrastructure and employment avenues for the youth of the Union Territory.

The LG made these remarks during a day-long workshop on Youth Engagement and Outreach in Union Territory of Jammu and Kashmir organized by J&K government at SKICC here on Saturday.

“The Workshop was attended by top Industry Heads from Ashok Leyland, ICICI Foundation, Bombay Stock Exchange (BSE), Universities, IIMs/IITs and Policy Analysts from across the country,” an official spokesperson said late on Saturday night.

He said the outreach programme was aimed to create opportunities and infrastructure for engaging youth, addressing their issues and concerns and empower them in entrepreneurship, self-employability and create a livelihood for the youth in a well-curated and holistic manner.

Addressing the gathering of Policy Analysts and Corporate heads of different organisations during the inaugural session of the event, the Lt Governor said that the idea behind this Youth Engagement and Outreach workshop is to create an institutional mechanism to empower and groom our youngsters and to make them valuable for J&K as well as the country.

He remarked that in the past many initiatives were taken to engage the youth here but all of them somehow fell short of meeting all the requirements so there is a need to have an umbrella programme that dovetails all the resources meant for this purpose to achieve the goal of youth empowerment and youth development.

“I believe in concrete plans and immediate execution. My idea of Institutional Mechanism under Mission Youth is to ensure that we have a concrete framework and a definite time-line to execute it on the fertile ground that we have prepared,” he added.

On the occasion, he also announced that a seed fund of Rs 200 crores has been earmarked for creating initial infrastructure and institutional support for meeting the initial needs of this programme. This amount, he said, would be used to create a ‘Centre of Excellence’ and infrastructure in districts to realize our goals of making youth the leaders of success.

Mr Sinha also beckoned the industrial leaders to partner J&K in formulating and implementing the programme successfully on the ground as he assumed that best designs are not what looks good on paper but what works best when implemented on the ground.

He sought the support of the national-level investors and industry experts in creating robust infrastructure and employment avenues for the youth of the UT. “We not only need your investments but your expertise as well, which will help us realize the dreams of prosperity,” he added.

“It is my aim to truly create a stable policy and regulatory ecosystem to business so that they can build for scale and create a thriving startup ecosystem which is inherently entrepreneurial in approach, creating local jobs and employment,” the Lt Governor maintained.

“In the domestic Ease of Doing Business ranking and State Reform Action Plan, we are moving up. By minimizing regulatory burdens, J&K has scored over states like Kerala and Odisha in September’s ranking by the central government,” the Lt Governor said.