The Chief Secretary, B V R Subrahmanyam today chaired the 22nd meeting of the Governing Body of the Jammu & Kashmir Entrepreneurship Development Institute (JKEDI).
Administrative Secretaries of Finance, School Education, Industries & Commerce, and Labour & Employment, besides other members of the Governing Body and concerned Head of Departments participated in the meeting.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 informed that the institute is in pursuit of identifying and starting specialized market-driven Skill Development Programs as per the National Skills Qualifications Framework guidelines prescribed by the National Skill Development Corporation, Ministry of Skill Development and Entrepreneurship, Government of India.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. Moreover, the institute is also contemplating seeking accreditation from AICTE and UGC to offer degree courses in Entrepreneurship Development in the future.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.