Excelsior Correspondent
SEMPORA(PAMPORE), Aug 9: Chief Minister, Mehbooba Mufti today laid the foundation of Centre for Training & Skill Development and Centre for Incubation and Business Acceleration at the Entrepreneurship Development Institute (EDI) here.
These Centres, first of its kind in the State, would augment the training activities for young entrepreneurs at the EDI. The need for an Incubation Centre was felt for long to guide the freshly trained youth in arranging capital, material and market support for their projects. The project is expected to cost Rs. 27 crore and is expected to build the training capacity at the EDI by a great measure.
Click here to watch video
Addressing a large number of young entrepreneurs on the occasion, the Chief Minister said her Government would do all what it takes see that enterprise takes to full roots in the State.
Mehbooba Mufti said she was happy to see many young boys and girls standing up on their feet confidently and providing livelihood to many others. This confidence, she said, needs to be built and multiplied to create a generation of young, successful and enterprising entrepreneurs in the State who would not be dependent on the Government but contributing significantly to the State’s economy and society.
The Chief Minister appreciated the role of EDI and its management in churning out professional and successful breed of young entrepreneurs who have started carving out their niche on the business canvas of the State. She said today’s addition of Incubation and Training Centres would greatly enhance the quality of training at the Institute.
On the occasion, the Chief Minister felicitated many young achievers from the EDI and also handed over letters among the 110 entrepreneurs whose credit facilitation cases were cleared by the steering committee of the EDI. She also launched the electronic transfer of seed capital into the accounts of the eligible entrepreneurs.
Mehbooba Mufti also visited the stalls put up by the trained and successful entrepreneurs of the EDI. She enquired from them about their businesses, difficulties and future plans.
Minister for Industries & Commerce, Chander Prakash Ganga; Minister of State for Industries & Commerce, Syed Farooq Andrabi; Minister of State for Forests, Mir Zahoor Ahmad; Chairman, JK Bank, Parvez Ahmad; Vice Chairman, JK Industries, Gulzar Ahmad; Commissioner-Secretary, Industries & Commerce, Shailendra Kumar; Divisional Commissioner, Kashmir, Baseer Khan; heads of several Departments and Corporations; officers of district administration were present on these occasions.
Meanwhile, Chief Minister laid the foundation stone of an industrial estate at Wyun (Pampore) which would be developed by SICOP at an estimated cost of Rs. 29.31 crore.
A deputation of local Auqaf committee also met the Chief Minister on the occasion and sought development of a playfield on the nearby piece of land and augmentation of the local health centre.
Mehbooba Mufti also inaugurated the modernized Pampore Joinery Mills which has been accomplished at a cumulative cost of Rs. 8.50 crore. Under the modernization project latest machinery has been installed to improve the quality and quantity of the produce and it is expected that after this the Joinery Mills would be making an annual profit of Rs. 5.33 crore during the second year of operation. The modernization project has been completed in record time of 18 months.
The Chief Minister went round various units of the Joinery Mills and even inaugurated the showroom. She evinced keen interest in the wood works put on display and directed proper and creative designing of the products.
The Chief Minister also met deputations of several employees of these Corporations and sought their feedback.
Follow our WhatsApp channel
