Livelihoods: Jammu and Kashmir Lieutenant Governor (LG) Manoj Sinha launched a livelihood generation training programme in the banking, financial services, and insurance (BFSI) sector.
This programme is the result of a memorandum of understanding (MoU) signed between the Bombay Stock Exchange (BSE) and Mission Youth of Jammu and Kashmir.
The government’s objective is to bridge the gap between demand for and supply of a skilled workforce and create a strong environment for professional and technical skill development in Jammu and Kashmir. According to the LG, this can be done by “encouraging entrepreneurship with progress, expansion and fulfilling the aspirations of the youth.”
While the union territory already has youth-livelihood training programmes under ‘Mission Youth‘, this is the first time that such a programme is being started in the BFSI sector. The LG said that 70 percent of Jammu and Kashmir’s population is under 35 years, and this talent pool was ready for training in BFSI.