CS stresses for transforming JKEDI into centre of excellence

The Chief Secretary, B V R Subrahmanyam today chaired the 22nd meeting of the Governing Body of the Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) and stressed transforming JKEDI into centre of excellence.

To make JKEDI a more vibrant organization, better suited for contemporary entrepreneurial developments, the Chief Secretary directed constitution of a committee headed by the Commissioner/Secretary, Industries & Commerce with members from Departments of Finance, Labour & Employment, Skill Development,  EDI, and subject experts to revisit its vision document to tap current opportunities, and analyze/ restructure the schemes for making them more inclusive and competitive, besides looking into the functioning of Atal Incubation Centres.

The said committee shall submit its report by 31st December, 2020. The Chief Secretary reviewed the progress achieved under various schemes implemented by the institute including the Seed Capital Fund Scheme, Youth Start-up Loan Scheme, NMDFC- Himayat Self Employment, which have registered a success rate of 88%, 85%, and 96% respectively, in the previous financial year. It was further informed that JKEDI is in talks to collaborate with EDII, Ahmedabad to offer a diploma in entrepreneurship in both their campuses in Jammu and Srinagar.