In Rajouri, Omar Talks Public Finance Deficit


KL Report


Chief Minister Omar Abdullah has said his efforts to increase opportunities to the idle and unemployed youth are taking place despite the financial deficit that J&K faces.

Addressing students of Baba Ghulam Shah Badshah University (BGSBU) on the University’s Foundation Day, Omar said J&K has the total revenue from all resources at Rs 6500 crore a year. Against this, the government pays its employees an annual salary of Rs 13500 crore, a pension of Rs 2000 crore and suffers losses on supply of electricity to the tune of Rs 2000 crore, a year.

Despite all this, Omar said during last about five years, he has given considerable fillip to the accessibility for higher education in the state. He said opening and upgrading of various University campuses, Degree and Technical Colleges and Polytechnics in the State has expanded the orbit of receiving modern education for youth nearer to their homes.
“This has also catapulted the employability of the students to get lucrative and remunerative jobs in the open job market”, Omar said. “I want to create such an educational environment in the state where youth will be so educated and trained that the government employment would be least choice for them.”

“The higher educational institutions particularly universities should link up with the leading players in the fields of industry, science, technology, IT, ST and other related disciplines and include subjects of their requirement in the curriculum”, Omar said. “Employment fairs by the leading business houses should form the regular activity in the universities.” He said he has already talked to some leading business houses of the country in this regard and would talk to more others.
Omar asked students to get fully acquainted with the initiatives of Udaan and Himayat sponsored exclusively by Delhi for J&K to create opportunity of jobs for the educated youth in private sector. “You should avail this opportunity as it is only for Jammu and Kashmir and no other State in the Country has this programme”, he said and impressed upon the students to explore possibilities of attaining gainful employment through these schemes after completion of studies.

Earlier, Omar inaugurated Rs 2.73 crore Solar Power Plant, Rs 3.21 crore Boys Hostel, Rs 1.65 crore Girls Hostel, Rs 60 lakh Health Centre, Rs 38 lakh Basketball Court and a Super Bazaar in the University campus. He also laid foundation of Rs 1.26 crore Administrative Block of Polytechnic College, Rs 1.74 crore Laboratory Block, Rs 3.70 crore Scholars House, Rs 3 crore Examination Block, Rs 5 crore Central Library Block, Rs 3.90 crore Bio-sciences Block and Rs 3 crore Mathematical Sciences Block in the campus.

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