New Delhi- The Jammu and Kashmir administration has received investment proposals worth Rs. 88,915 crore with employment generation potential of over 3.98 lakh, while an investment of Rs 5,319 crore has been materialized to boost local economy and employment opportunities; Rajya Sabha was informed on Wednesday.

Also 31,830 vacancies, including those in J&K Bank have been filled from August 2019 till date, Minister of State for Home Affairs, Nityanand Rai said in Rajya Sabha on Wednesday.

“In order to infuse an element of transparency and to speed up the recruitment process, interviews for all the posts up-to and including Pay Level 5 and some in Pay Level 6 have been dispensed with,” Rai said in a written reply to a question in the house.

He asserted that the government of Jammu & Kashmir has taken several measures for creating employment opportunities to the unemployed youth. He mentioned self-employment schemes through which 7.4 lakh self-employment, livelihood opportunities have been generated and strengthened since the year 2021-22 till date.

The Minister also informed the house about new schemes like Mumkin, Tejaswani, besides the job fairs and placement drives carried out by J&K admin at divisional and district levels to provide a platform for unemployed youth and potential employers. He said 151 job fairs were conducted in last two years in which 1631 companies participated.

Besides, Rai said, skill development programs have been organized in the financial year 2023-24 to bridge the skill gaps among the youth.

“During the period 2020 to 2023 (upto October) a total of 4,74,464 candidates participated in career counseling sessions and a total of 2,12,109 candidates participated in awareness campus for  career guidance,” the Minister said.

Under the “Yogyata Se Rozgar” drive, Rai said, emphasis has been made on merit-based selections in a transparent, equitable, and fair manner.

About the government’s efforts to industries in J&K, the Minister said that the Government of India has notified a New Central Sector Scheme for Industrial Development of Union Territory on February 19, 2021 with an outlay of Rs. 28,400 crore to boost industrial development.

The UT administration, he said, have taken various policy initiatives like J&K Industrial Policy, 2021-30, J&K Industrial Land Allotment Policy, 2021-30,      J&K Private Industrial Estate Development Policy, 2021-30, Policy for Promotion of Foreign Investment in Industrial Sector in J&K, 2022, J&K Single Window Rules, 2021,    Turnover Incentive Scheme, 2021, J&K Wool Processing Handicrafts and Handloom Policy, 2020, Financial Support Scheme for Cooperatives/Self Help Groups, 2020 for making the UT an investor friendly destination.

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