The 121st Steering Committee meeting of Seed Capital Fund Scheme (SCFS) and the 65th meeting of Youth Startup Loan Scheme (YSLS) was held today under the Chairmanship of Commissioner Secretary, Labour& Employment Department Saurabh Bhagat at Udhyog Bhawan, Jammu.
During the meeting, 342 cases of aspiring entrepreneurs sponsored by JKEDI under different schemes were approved jointly under SCFS and YSLS. Both the schemes have been started by the Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) for entrepreneurship development in the state. A total of 342 cases including 62 cases of female aspirants were approved. The approved cases comprise of 85 cases in agri-allied sector, 14 in the manufacturing sector and 243 from the services sector. The Committee approved 252 cases under Seed Capital Fund Scheme (SCFS) while 90 cases were approved under Youth Startup Loan Scheme (YSLS), an official handout said.