The Diplomat Desk
Jammu,TDD,.The Indian Institute of Management (IIM) Jammu today on 27th Sept 2024 inaugurated the 3-Day Capacity Building Program under the ambitious Project YUVA (Yuva Udyami Vikas Abhiyan). This groundbreaking initiative aims to foster entrepreneurship and accelerate employment opportunities across Jammu and Kashmir by empowering youth, women, and vulnerable groups. The program, scheduled from 27th to 29th September 2024, was graced by govt. officials of Jammu and Kashmir. The inauguration ceremony began with traditional lamp lighting. The inaugural event was graced by Shri Kumar Rajeev Ranjan, IAS, Secretary to Govt., Labour & Employment Department, Govt of Jammu and Kashmir. Prof. B.S. Sahay, Director, IIM Jammu presided over the inaugural ceremony. Present on the occasion were Prof. Jabir Ali, Dean Academics, IIM Jammu
The program is anchored around the 4Cs—Culture (ecosystem creation), Capital (credit enablement), Capacity (skill development and handholding), and Connectivity (market linkages). It aims to create 1.37 lakh enterprises, generating employment opportunities for 4.25 lakh youths in Jammu & Kashmir over the next five years. The initiative has a projected budget of ₹1,830 crore, with an influx of more than ₹5,000 crore expected from banks and financial institutions. The event culminated with the national anthem.
The YUVA initiative jointly developed by Govt. of Jammu and Kashmir and IIM Jammu is poised to create a lasting impact by developing a robust business ecosystem in the region, fostering entrepreneurship, and unlocking the economic potential of Jammu and Kashmir.TDD
