Rather for greater coordination between self-employment organizations, banks

Excelsior Correspondent
JAMMU, Nov 22: While reiterating that un-employment problem is the major challenge before the Government, the Minister for Finance and Ladakh Affairs, Abdul Rahim Rather today underscored the need for coordinated efforts to give push forward to various self-employment schemes in vogue in the State to provide economically viable and technically feasible job avenues to the un-employed youth.
Speaking at a meeting of the Employment Facilitating Agency- a highest body to oversee the functioning of all employment related organizations and monitor the progress of employment schemes in the State, Mr. Rather said that there was a dire need to create synergy among various skill development initiatives to ensure intake of unemployed youth in various organizations as per the market demand.
“Our endeavour should be to create need based skilled human resource by tying up with various skill development institutions and providing hassle-free credit facilities to the entrepreneurs to ensure success of various self-employment schemes”, Mr. Rather asserted, adding that achievements on this account would be co-related with the performance of the officers at the helm of officers to make them more accountable.
Minister for Higher Education and Employment, Abdul Gani Malik was also present.
Among others, the meeting was also attended by the Economic Advisor to the Government, Jalil Ahmad Khan, Chief Secretary, Madhav Lal, Financial Commissioner, Finance,  Iqbal Khanday, Principal Secretary, Housing & Urban Development,  Suresh Kumar, Commissioner/ Secretary, Agriculture Production, Shaleen Kabra, Commissioner/Secretary, Rural Development, Farooq Peer, Commissioner/Secretary, Technical Education, Bipul Pathik, Commissioner/ Secretary, Forest, Aijaz Iqbal, Commissioner/Secretary, Labour & Employment, Yadullah, Secretary, Animal Husbandry, M.A.Bukhari and Director Labour & Employment, Dr. Abdul Rasheed.
Mr. Rather called for developing an authentic data base about both physical as well financial position of various self-employment ventures on the ground suggesting that related departments should further improve coordination with each other to ensure full proof monitoring mechanism in this regard.
He asked the concerned officers to focus on creating employment opportunities in potential sectors of economy and arrange tie-ups with financial institutions for raising credit for starting self-employment ventures, adding that these measures can prove very fruitful in combating the ever growing un-employment problem in the State.
The Minister for Employment urged for developing software for creating a realistic data base about various Self-employment Schemes (SES) and asked the Technical Education, Employment Departments and J&K Bank to coordinate in this regard.
The meeting took a threadbare review on the progress of Voluntary Service Allowance (VSA), Seed Capital Fund Scheme (SCFS), Youth Startup Loan Scheme (YSLS), and J&K State Overseas Employment Corporation, Ltd.