One Hundred and Ninety (190) cases of aspiring entrepreneurs sponsored by Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) under different schemes were approved by the Steering Committee which met at Jammu on Monday.
The spokesman in a statement said that the 119th Steering Committee meeting of Seed Capital Fund Scheme (SCFS) and 63rd meeting of Youth Startup Loan Scheme (YSLS) was held under the Chairmanship of Saurabh Bhagat, IAS, Commissioner/Secretary, Labour & Employment Department, J&K Government.
“Those who participated in the meeting were Mushtaq Ahmad Simnaai, Additional Secretary Labour and Employment Department, Dr M I Parray, Director JKEDI, Tufail Mattoo, Executive Director JKEDI, Y P Suman, Director Employment Department, Shahid Mehmood, Deputy Director Employment (Central) and Dr Majid Manzoor Khan, Chief Faculty JKEDI. District Nodal Officers of JKEDI from Jammu division, Assistant Directors of the Employment Department (Jammu division) and sectoral experts from the line departments were also present in the meeting,” JKEDI spokesman said.
“Out of 288 cases placed before the Committee 168 cases were approved under the Seed Capital Fund Scheme while 22 out of 52 cases were approved under the Youth Startup Loan Scheme. 150 cases were deferred and will be taken up in the next meeting to be convened soon,” the spokesman said.
“During the meeting it was decided that more emphasis shall be given to encourage women to start their entrepreneurial ventures, besides focus shall also be increased on High Employment Potential Sectors (HEPS) as well as Agricultural and allied activities under the Seed Capital Fund Scheme and Youth Startup Loan Scheme being implemented by JKEDI,” he said.
“The meeting was held at JKEDI Jammu campus, Industrial Estate, Bari Brahmna,” JKEDI spokesman in a statement said.