Jammu & Kashmir

No financial assistance for unemployed youth, funds being utilized for entrepreneurs: Govt

Srinagar:  The unemployed educated youth in Jammu and Kashmir will no longer receive any financial assistance from government under Voluntary Service Allowance (VSA) as such funds are being utilized for building capacities of entrepreneurs, the government said in the Assembly on Tuesday.

The minister for Labour and Employment stated that there isn’t any financial assistance given to unemployed youth from government under Voluntary Service Allowance (VSA) as such funds are being utilised for building capacities of entrepreneurs in the state of Jammu and Kashmir.

However, the government stated that in order to overcome the problem of unemployment in the State, a number of  initiatives have been taken for providing employment to qualified youth in government as well as in private sector.

Jammu and Kashmir has 88,040 unemployed youth registered with various district employment and counseling centers in the state which include 3321 engineers, 185 doctors and 11 PhD degree holders. Besides, the list includes 17,351 postgraduate degree holders, 6586 graduates and 60586 others.

Furthermore, the state has registered 390 illiterates, 5357 middle-pass, 21530 matriculates, 26213 12th pass outs and 17351 graduates. Besides, 6586 postgraduates, 3286 diploma holders, 2877 professional and technical degree holders are registered with the state.

(With inputs from KNS)

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