Excelsior Correspondent
JAMMU, Feb 18: Jammu Municipal Corporation (JMC) Mayor Chander Mohan Gupta today inaugurated Single Window Funds and Finance Consultants (SWFFC) to encourage young people towards entrepreneurship, here.
SWFFC is a novel concept that encourages young people to build entrepreneurship skills in addition to their education, so that after finishing their studies, they can establish their own businesses, be financially self-sufficient and not rely on Government jobs. It encourages youth to work part-time, develop employment and financial skills and support themselves, their families and society as a whole.
Aryan Gupta, a talented young student studying Law from Jammu University is promoting SWFFC. He is also the 2021 Kurash National Games Silver medallist. His father, Sandeep Gupta, a seasoned banker who secured his VRS from a reputed Public Sector Bank (Canara Bank), will assist him in his endeavour.
The SWFFC has partnered with a number of experts in order to strengthen ties between those in need and those who support them. The public at large will be in need and supporters could include business sponsors as well as Government organisations with lead generation goals under their public outreach programme.
The SWFFC will aim to support and guide people in obtaining DRI, MUDRA, Pradhan Mantri Awaz Yojana loans and other financial services from financial institutions. It also intends to provide guidance on topics such as Financial Management, Investment Planning, and Retirement Planning.
SWFF’s method of operation entails collecting KYC and all other relevant documents from the party, completing the formalities first and then submitting to the concerned for sanction thus facilitating a commoner all the processes in a single window. It also provides financial and taxation advice having tie up with leading experts in the field.
Rishi Anand Yadav, Regional Head Canara Bank, Anil K Jha, Sanjay Sahni, Chief Manager Canara Bank, Puneet Gupta, Chief Manager Bank of India, Branch heads from other Banks, Dr Dinesh Gupta (Ex HoD Eyes), Chartered Accountants from M/s JRDS and Associates, advocates, prominent businessmen and other prominent citizens were present on the occasion.
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