Srinagar, July 6: Chief Minister, Omar Abdullah Wednesday said the Sher-e-Kashmir Employment and Welfare Programme for the Youth (SKEWPY) is aimed at defusing employment crisis in the State and providing handsome opportunity to youth to venture upon independently and confidently.            
 Omar said the SKEWPY has been appreciated at the level of Planning Commission of India and many States have asked J&K to provide the blue print of the scheme to them so that they could replicate it in their States.
 “We have to deliver on fast track ensuring smooth transactions and trainings under the scheme,” he said, directing the departments concerned to work with missionary zeal to make the scheme meaningfully successful.           
 The CM was speaking at a high level meeting here which was chaired by him to discuss matters relating to SKEWPY and to monitor its progress.
 The Chief Minister said that government intends to spend about Rs 100 crore yearly on seed money for budding entrepreneurs. “The EDI and Jammu and Kashmir Bank have to keep pace in providing finances to the intending entrepreneurs making the system hassle-free and smooth”, he added.           
 The Chief Minister, according to an official statement, said that he has received some fresh and innovative ideas for making seed money distribution easier, smooth and trouble-free.
 “I would discuss these with my colleagues thoroughly,” he said and asked Economic Advisor to the Government to sit with the EDI and J&K Bank to work out fast track clearance of DPRs and release of finances to the entrepreneurs.           

Lastupdate on : Wed, 6 Jul 2011 21:30:00 Makkah time
Lastupdate on : Wed, 6 Jul 2011 18:30:00 GMT
Lastupdate on : Thu, 7 Jul 2011 00:00:00 IST