The unemployment in Jammu Kashmir has gone down since the abrogation of article 370, the Minister of State for Labour & Employment, Shri Rameswar Teli in a written reply in Lok Sabha today.
He said that the data on Employment and Unemployment collected through the Periodic Labour Force Survey (PLFS) conducted by the Ministry of Statistics and Programme Implementation (MoSPI) since 2017-18 states that the estimated Unemployment Rate (UR) on usual status in Jammu Kashmir was 6.7%and 5.9% during 2019-20 and 2020-21, respectively, which shows that the unemployment rate in Jammu Kashmir has declined.
Employment generation coupled with improving employability is the priority of the Government, he said.
He said that the Government of India is encouraging various projects involving substantial investment and public expenditure on schemes like Prime Minister’s Employment Generation Programme (PMEGP), Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), Pt. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) and Deen Dayal Antodaya Yojana-National Urban Livelihoods Mission (DAY-NULM)etc. for employment generation.
Pradhan Mantri Mudra Yojana (PMMY) was launched by the Government for facilitating self-employment. Under PMMY, collateral free loans uptoRs. 10 lakh, are extended to micro/small business enterprises and to individuals to enable them to setup or expand their business activities. Upto 25.11.2022, an amount of Rs 15.56 lakh crore was disbursed in 37.76 crore loan accounts sanctioned under the scheme. In Jammu & Kashmir, an amount of Rs. 4,209.69 crore was disbursed in 1.89 lakh loan accounts sanctioned during 2022-23 (till 25.11.2022) under the scheme.
PM Gati Shakti is a transformative approach for economic growth and sustainable development, the minister said in his written response.
“The approach is driven by seven engines, namely, Roads, Railways, Airports, Ports, Mass Transport, Waterways and Logistics Infrastructure. This approach is powered by Clean Energy and Sabka Prayas leading to huge job and entrepreneurial opportunities for all,” he said in his response.