Will provide skill-based training to youth
Fayaz Bukhari
SRINAGAR, June 29: Lieutenant Governor Manoj Sinha today disclosed that Jammu and Kashmir has got over Rs 1.10 lakh crore industrial proposals after a new industrial scheme was introduced in 2020-21.
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While addressing a gathering after inaugurating two-day National Conference on ‘Role of Academic-driven Start-ups in Developing Economy of J&K (RASE-2024) at National Institute of Technology (NIT) Srinagar today, the LG said that the huge response was due to better incentives which J&K is offering.
“The industrialisation got a big boost due to a new industrial scheme that was formed under the leadership of Prime Minister Narendra Modi in 2020-21. Today we give better incentives than other states and it is due to this that we have got new proposals to the tune of Rs 1.10 lakh crores. We have some issues with land and we will resolve it soon,” he said.
Sinha said that J&K will provide skill based training to his youth population. “In J&K, 65 percent of the youth population should get here engineering, non-engineering and agro-based skill training and to motivate them for micro startups is a challenge. In this NIIT and industry has to play a big role,” he added.
“I want to share with you that in February this year, the new Startup policy was launched and after that 753 Startups have been registered among them 265 are girls which is an encouraging sign,” he said.
The LG commended the initiative aimed at creating an environment to inspire, empower and connect academia and industry and mentor the students to lead the startup ecosystem.
“I believe Startups are a powerful instrument to bridge the gap between universities and industries. The Startups have also been able to meet the two important objectives- employment generation and profit generation,” he said.
The LG motivated the students to set action-oriented goals to turn their entrepreneurial dream into reality and contribute to the nation’s socio-economic transformation and economic growth.
“My message to future Startups entrepreneurs is to focus on ‘Problem First’ and not ‘Product First’ so that your ideas can accelerate the process of Viksit Bharat and also encourage entrepreneurial spirit among young students,” he said.
Sinha highlighted the potential of Academic-driven Startups to transform J&K’s economy by fostering a culture of innovation and entrepreneurship in educational institutions.
“In this regard, he highlighted the UT Administration’s key initiatives like J&K Start-up Policy and potential in Holistic Agriculture Development Program (HADP) to transform the start-ups and entrepreneurship ecosystem in the UT, especially in rural areas,” he said.
The LG said that there are immense possibilities for startups in tourism, health, logistics, handloom, handicraft, horticulture, agriculture and allied sectors.
“Under the guidance of PM Narendra Modi, we are committed to provide necessary support and handholding to the young entrepreneurs in both technology and non-technology sectors, ” he said.
Sinha said the national level seminar will encourage Universities/Colleges to invest in the future and nurture the talents for impactful innovations.
He further emphasised the need to provide high-quality technical and vocational education and training to future entrepreneurs.
“Two other important objectives of the Startups are to develop and transfer new technology for societal transformation and create a vast talent pool as per the needs of the industry,” the LG said.
He called for enhanced collaboration between academia, industry and policymakers to develop a vibrant entrepreneurial ecosystem in Jammu Kashmir.
The two-day national conference is being organized by National Institute of Technology Srinagar in association with the Department of Holistic Education, Central University of Kashmir, ICAR CITH, Science & Technology Department, and SKUAST-Kashmir.
Prof. A. Ravinder Nath, Director, NIT Srinagar & Vice Chancellor, Central University Kashmir; Rajesh Kumar Pathak, Secretary, Technology Development Board; Dr. Parikshat Singh Manhas, Chairman JKBOSE; Dr Thakur SKR, eminent scientist; experts, intellectuals, researchers, HoDs and entrepreneurs were present.
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