Increase employment opportunities: Governor to JK Bank

Excelsior Correspondent

SRINAGAR, Oct 5: Parvez Ahmed, Chairman Jammu and Kashmir Bank, met Governor Satya Pal Malik at the Raj Bhavan here today.
Chairman informed Governor about the steps taken by the Bank for socio economic development of the State by improving the credit penetration in the productive sectors of economy. An ambitious expansion plan, he added, has been drawn by the Bank to take banking to the doorstep of people in all the regions of the State besides increasing the banking infrastructure and promotion of digital economy.
He informed that a pilot project in this direction for opening of 35 Ultra Small Branches is in advanced stage of completion to link all the 111 villages of Leh District with formal banking system besides creating employment for the local educated youths.
Ahmed also apprised Governor about the CSR initiative of the Bank for construction of a residential accommodation in Maharashtra to alleviate problems of Cancer Patients & their attendants from Jammu and Kashmir availing Medical Treatment here for which the Government of Maharashtra is in the process of allocating land to the State Government. He requested that the matter be taken up with the Chief Minister of Maharashtra for expeditious allotment of land.
Governor advised the Chairman to fast track the operationalization of the Leh Ultra Small Banking project besides rolling out the initiative in all the regions of the state so that people can conveniently avail banking facilities in their respective areas. He urged for creating the employment opportunities for the educated unemployed youth in the State. Governor directed that the process should be initiated immediately and completed in a transparent and time bound manner.
Ajeet Kumar Sahu, Secretary School Education Department, met Governor anad apprised him about the functioning of the School Education system at all levels and various initiatives taken by the Department which are presently under implementation for promoting the academic interests of the students.
Governor emphasized the vital responsibility of the Education Department to provide quality educational facilities for students, as only such advancement could promote the future growth and development of the State.
He advised Sahu to provide adequate sports facilities including better play fields in the schools. He underlined the significance of opening up more schools like Jawahar Navodaya Vidyalayas to provide opportunities to talented children, largely from rural areas, to develop their full potential and directed Sahu to facilitate opening of Central Board of Secondary Education (CBSE) affiliated schools especially in South Kashmir.