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Jammu and Kashmir Launches Mission YUVA to Boost Youth Entrepreneurship

A baseline survey of over 10 million respondents provides the data foundation with AI tools set to streamline youth loan approvals.

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Overview

  • Chief Minister Omar Abdullah unveiled Mission YUVA on June 28 at SKICC in Srinagar with goals to establish 137,000 enterprises and generate 425,000 jobs over five years.
  • The programme’s census-scale survey projects the creation of more than 150,000 entrepreneurs and at least 30% participation by women.
  • Artificial intelligence will prepare bank-ready Detailed Project Reports to address funding barriers and accelerate youth loan approvals.
  • Government figures show over 370,000 registered unemployed youth in Jammu and Kashmir, and officials have confirmed there will be no unemployment stipend.
  • Early reactions from jobseekers and startup founders express cautious optimism, emphasizing the need for tangible support and effective implementation.