Jammu and Kashmir admin plans to provide financial aid to 50,000 youths for self employment under Back to Village programme

The details of the initiative has not been finalised so far.

As per a release issued by the UT administration, Lieutenant Governor Manoj Sinha during his visits to various villages in the third phase of the Back to Village (B2V) program explicitly underscored the need to involve youth in the developmental process to make them financially independent, and job providers instead of job seekers, reports ANI.

“Taking his vision forward, Jammu and Kashmir Bank advanced more than Rs 340 crores to as many as 19,600 youth from across the UT, against the target of about 8,800 youth. These youth were granted financial assistance, making them not only financially independent but also a source of livelihood to other families,” the release said.

During his meeting with  DDC Chairpersons, Jammu and Kashmir Lt Governor Manoj Sinha  announced that this year the UT administration should aim to provide financial assistance to 50,000 unemployed youth in order to make them entrepreneurs.

“Last year, our target was to pick up two unemployed boys and girls from each Panchayat to make them Entrepreneur. The youth of Jammu and Kashmir have immense talent and to date, we have provided this opportunity to more than 19,000 boys and girls. This year our aim should be to reach out to 50,000 youths with all the assistance so that they can become entrepreneurs,” the Lt Governor was quoted as saying by ANI.