SRINAGAR: The Minister for Industries and Commerce (I&C) Chander Parkash Thursday asked the authorities at Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) to focus on youth from the rural areas.
Reviewing the operations of JKEDI in a meeting held in the winter capital Jammu, the Minister, while seeking details of activities of the Institute in rural areas, stressed “on laying more focus on motivating rural youth towards entrepreneurship, particularly in the ventures for which they could find the raw material locally”.
Parkesh also asked JKEDI to target inaccessible and far-flung areas of the state.
The Director JKEDI, Dr M I Parray, told the meeting that the Institute, through crosscutting approaches of awareness, training, finance, consultancy and investment in entrepreneurship education and research, is focusing on maintaining and constantly improving its position as a premier multidisciplinary development institution.
Presenting the details of the “strategic goals” set by the Institute, he said community mobilization, education and training go side by side in the scheme of its working.
Listing the achievements made under various schemes, he said 10,052 candidates have been trained under the Seed Capital Fund Scheme (SCFS) in last five years, while 3,632 candidates have been provided Seed Capital amounting to Rs 124.00 crore.
He said the Institute has trained 1,014 candidates under Himayat Self Employment Scheme during the last year and also financed 58 of them.
The Minister of State for I&C, Power, and Housing and Urban Development, Mohammad Ashraf Mir, was also present in the meeting.
He called upon the management to review regularly the ventures set up by entrepreneurs with assistance of the Institution till they are properly established and start earning good returns.