JAMMU, JANUARY 24: J&K scripted a new record by providing entrepreneurship and self-employment opportunities to 94,680 youth in a single day. The function was presided over by Lieutenant Governor Shri Manoj Sinha at the Convention Centre just two days before the celebration of 75th Republic Day.
The Lt Governor congratulated the Jammu Kashmir Bank for its endeavour to strengthen the spirit of Ghar Ghar KCC Abhiyaan and Swarozgar Utsav – two ongoing campaigns aimed at financial empowerment of farmers and the youth.
“Today, J&K creates a new record by distributing sanction letters to set up new units and startups that will fulfill dreams of youth and their aspiration of being a job creator and not a job seeker,” the Lt Governor said.
This momentous occasion also marks a significant leap forward in transforming the UT's economic landscape, he added. He said the J&K Bank is the common man’s Bank and is playing its important role for the betterment of common people.
Swarozgar Utsav for entrepreneurship and self-employment covered all Panchayats of J&K UT and J&K Bank will provide Rs. 1384 Crore to set up new units and Startups, the Lt Governor observed. We will provide training and supportive infrastructure to create sustainable employment for more youth in these units, he said.
While appreciating the Bank’s contribution towards social development projects in the UT under its CSR initiatives, Lt Governor underscored the scope for input credit in Agriculture and MSME sectors to help farmers and youth for creating employment opportunities besides attaining self-sufficiency.
He directed the J&K Bank to achieve saturation in Ghar Ghar KCC Abhiyaan, Stand-Up India and Startups. We have a lot of expectations from J&K Bank and I expect Bank to devise campaigns to take Financial Literacy programs to a vast portion of the population.
The Lt Governor handed over Insurance Claim Settlement cheques to the legal heirs of the deceased Government Employees covered under the Bank’s Group Personal Accidental Insurance.
The Lt Governor launched the Kisan Sathi Chatbot, an AI-based farmer-friendly application of the Agriculture Production Department.
Pertinently, J&K bank has also contributed Rs 40.27 Lakh under its CSR initiative for the chatbot application. Two cheques worth Rs 3.35 Cr and Rs 3.84 Cr under J&K Bank CSR Programme were handed over to representatives of Jammu Smart City and Srinagar Smart City, respectively, for construction of e-bus bays/passenger sheds for the convenience of commuters.
Atal Dulloo, Chief Secretary; Shailendra Kumar Principal Secretary Agriculture Production Department; B. Sridhar, CGM NABARD; Baldev Prakash, MD and CEO J&K Bank and other senior officials were present.
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