Conducive business environment, talented youth to contribute for Atmanirbhar J&K: LG Sinha



Delivers keynote address at IIT-2020 Global Summit

Jammu, Dec 5: Lieutenant Governor, Manoj Sinha Saturday said youth armed with new innovative ideas are ready to realize the entrepreneurial dreams and in turn contribute to making ‘Atmanirbhar Jammu and Kashmir’.

“We have a conducive environment, a robust grass-roots democratic system and talented young men and women to set up innovative business and services,” Sinha said while delivering the keynote address at the ‘IIT-2020: The Future is Now’ a global summit organised by PanIIT USA, according to an official spokesperson.

Sharing his views on the global business environment, the Lt Governor said: “We are devising new paths, new policies, and new technological tools to strengthen our business ecosystem for the post-pandemic world”.

“I have four Mantras for the ‘Present’ and a ‘New Future’- Peace, Progress, Prosperity, and People First. Being a civil engineering student, I realize that in order to create sustainable development, our growth prospects must depend significantly on policies that are inclusive, people-centric, focus on domestic investment and consumption while at the same time are enabled to compete with top players in the global market.”

While lauding the invaluable contributions of the IIT alumni in nourishing business ecosystem to life and engineering the sustainable future, the Lt Governor remarked, “In India, we have an oasis of talent, it may look like a small drop on the global stage, but they are tributaries of a great river of technology innovation and evolution. IITs and IITians have again demonstrated their capabilities by coming up with innovative solutions to tackle COVID”.

Speaking on business opportunities in J&K, he said, “We have a conducive environment, a robust grass-root democratic system and talented young men and women to set up innovative business and services.”

The Lt Governor highlighted the achievements made towards promoting budding entrepreneurs and said that the UT Government has exceeded the initial target of extended handholding to 8600 young boys and girls, two from each 4290 Panchayats, for setting up their business, and within three weeks, for which more than 12,000 applications were received.

“There are new found dreams of youth of Jammu and Kashmir who are keen to exploit rich dividends of real democracy and do something extraordinary for themselves and the society. We have sanctioned all the cases and today I can proudly say within a short span of a month, in our Union Territory, we have added a team of entrepreneurs in different sectors. These harbingers of change at the grass-roots with right assistance from administration can offer long-term and sustainable solutions to diverse sectors and also improve the business environment in the Jammu Kashmir Union Territory,” the LG said.

The Lt Governor also shared his views on new entrepreneurs and current challenges, and said that the current crisis and the turmoil in several sectors have opened the doors of challenges and opportunities for new entrepreneurs.


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