Leh Ladakh

Awareness cum Loan Mela organized at Leh by the J&K Entrepreneurship Dev. Institute.

Leh: August 26, 2013 (visitLadakh.com) Reiterating that Govt. can’t provide job for all, and therefore, the educated youth of Leh district must know the reality and change their mind set for self employment which has greater scope and better business potential with vast entrepreneurship loan schemes through various financial institutions.

This was stated by the CEC, Leh Rigzin Spalbar while addressing an Awareness cum Loan Mela organized today at Leh by the J&K Entrepreneurship Dev. Institute (J&K EDI) under National Minorities Development & Finance Corporation Loan Scheme.

The Executive Councilor Tourism, Mohd. Shafi Lassu, the Councilors of LAHDC, Leh, the Director, J&K EDI, Dr. M.I.Parrey, the Chief Operating Officer, J&K EDI, Zamir Qadri, Sarpanches, Naib Sarpanches, district officers and representatives from various bankers attended the Mela.

Welcoming this first ever awareness camp for the public representatives of Leh district on a very important issue of employment generation, CEC said that the biggest challenge ahead of Leh is how to appropriately motivate the educated youth towards entrepreneurship and make full use of the available recourses and schemes. CEC termed that there is a serious lack in dissemination of information about the employment schemes among the youth as a result most of the youth do not know how to avail the schemes and what is its benefit . He strongly felt the need to educate each and every youth of Leh district specially the female candidates who registered with the Employment Deptt and motivate them towards potential trades saying that females of Leh district have comparatively less job opportunity than males. Spalbar urged the public representatives to seriously contribute to address the employment issue playing active role in information sharing of employment schemes as well as inspiring the youths towards self employment.

CEC strongly advocated to make the procedure of loan simplify and flexible on Ladakh’s context keeping in mind the good track record of loan recovery in Leh district. He appreciated the initiatives of J&K EDI in Leh and expressed hope that such awareness camps and dissemination of information about innovative business schemes would play a great role in minimize the employment crisis in Leh district and assured that LAHDC, Leh would do every efforts in proper implementation of these schemes for larger youth interest.

The EC Tourism Shafi Lassu speaking on the occasion stressed the need to educate every candidates about the norms and benefit of financial schemes and also urged to make hassle free loan so that more and more educated youth come forward for self employment without hanging around for Govt. jobs.

The Director, J&K EDI Dr. Parrey told that 100% people in Ladakh comes under minority population and said that this is a great opportunity for every educated youth of Ladakh to avail loan schemes of J&KEDI and start their business. He urged the public representatives of Leh to identify and recommend at least 2 to 3 candidates from their respective areas for J&K EDI schemes saying that there is no limitation on project cost and they can take the advantage of these financial loan with a very low interest.

Dorjey Wangchuk, Executive Manager, J&K EDI, Ladakh Division gave a power point presentation on each schemes, highlighting the mode of availing the loan. He said that J&K EDI has so far provided the seed capital of more than Rs: 6.00 crore among 251 beneficiaries of Leh district and said that all these beneficiaries are presently running their own business with great success. He also mentioned that 35 beneficiaries have also financially supported with Rs: 60.00 lacs under J&K EDI scheme.

The Councilors, Sarpanches and officers areas put forth various queries about the nature of schemes, procedures of loan besides putting valuable suggestions and they were amicably answered.

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