The Center said that the estimated unemployment rate in Jammu and Kashmir at normal position was 6.7 per cent during 2019-20 and 5.9 per cent during 2020-21, indicating a decreasing unemployment rate in the Union Territory.

With special reference to unemployed youth in Jammu and Kashmir, the government cited the Periodic Labor Force Survey (PLFS) conducted by the Ministry of Statistics and Program Implementation (MoSPI) since 2017-18 to corroborate its claims that employment Creation has improved. Employment is its priority.

Under the Pradhan Mantri Mudra Yojana (PMMY) launched by the government to facilitate self-employment in Jammu and Kashmir, Rs 4209.69 crore has been disbursed to 1.89 lakh loan accounts sanctioned during 2022-23 till November 25, 2022, according to official data Were.

Similarly, since the launch of the Atmanirbhar Bharat Rozgar Yojana (ABRY) scheme, benefits worth Rs 35.39 crore have been provided to 19,340 beneficiaries under the scheme in Jammu and Kashmir till November 28, 2022.

Under the Pradhan Mantri Street Vendor’s Atma Nirbhar Nidhi (PM SVANidhi) scheme, since its inception on June 1, 2020, 17,950 loans were disbursed in J&K till December 2, 2022.

Reflecting on the employment opportunities for unemployed youth in Jammu and Kashmir, Minister of State for Labor and Employment Rameshwar Teli said in a written reply in the Lok Sabha that the employment and unemployment data collected through the Periodic Labor Force Survey (PLFS) Were. Ministry of Statistics and Program Implementation (MoSPI) from 2017-18.

“The period of the survey is from July to June next year. As per the latest available Annual PLFS report, the estimated unemployment rate (UR) in Jammu and Kashmir at usual status was 6.7 per cent during 2019-20 and 5.9 per cent during 2020-21, indicating a decline in the unemployment rate in Jammu and Kashmir. Has come ,

“Job generation as well as job creation is the priority of the government. Accordingly, the Center has taken several steps to generate employment in the country. The Center has announced the Atmanirbhar Bharat package to provide incentives to businesses and mitigate the adverse impact of COVID-19. Under this package, the government is providing a fiscal stimulus of more than Rs 27 lakh crore. The package includes various long-term plans, programs and policies to make the country self-reliant and generate employment opportunities,” the minister informed the lower house.

He said that the Atmanirbhar Bharat Rozgar Yojana (ABRY) was launched from October 1, 2020, to encourage employers to create new jobs and restore jobs lost during the COVID-19 pandemic. The last date for registration of beneficiaries was March 31, 2022.

From the inception of the scheme till November 28, 2022, benefits worth Rs 7855.07 crore have been provided to 60.13 lakh beneficiaries under the scheme. In Jammu and Kashmir, a benefit of Rs. Under the scheme, till November 28, 2022, an amount of Rs 35.39 crore has been provided to 19340 beneficiaries.

With regard to the Pradhan Mantri Street Vendors Atma Nirbhar Nidhi (PM SVANidhi) scheme, which the government is implementing from June 1, 2020, to provide collateral-free working capital loan facility to street vendors to restart their business To do, who were adversely affected during this period. During the COVID-19 pandemic, it was said that till December 2, 2022, 37.68 lakh loans worth Rs 4378 crore were disbursed under the scheme.

“In Jammu and Kashmir, 17,950 loans have been disbursed under the scheme till December 2, 2022,” Teli said.

It was stated that the Center is making substantial investment and public expenditure on schemes such as the Prime Minister’s Employment Generation Program (PMEGP), Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), Pandit Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) and various other projects. was encouraging ) and Deen Dayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) for employment generation.

Pradhan Mantri Mudra Yojana (PMMY) was launched by the government to facilitate self-employment. Under PMMY, collateral free loans up to Rs 10 lakh are given to micro and small business enterprises and individuals to enable them to set up or expand their business activities.

“Till November 25, 2022, an amount of Rs 15.56 lakh crore had been disbursed to 37.76 crore loan accounts sanctioned under the scheme. In Jammu and Kashmir, an amount of Rs 4209.69 crore was disbursed under the scheme to 1.89 lakh loan accounts sanctioned during 2022-23 till November 25, 2022,” the Lok Sabha was informed.

The Production Linked Incentive (PLI) scheme is being implemented by the government with an outlay of Rs. 1.97 lakh crore for a period of 5 years starting from 2021-22, which has the potential to create 60 lakh new jobs.

“All these initiatives are expected to collectively generate employment in the medium to long term through multiplier-effects,” he said.

The minister said, “PM Gati Shakti was a transformational approach to economic growth and sustainable development.” “The vision is driven by seven engines – roads, railways, airports, ports, mass transport, waterways and logistics infrastructure. The vision is driven by clean energy and sabka effort, which provides huge job and entrepreneurial opportunities for all. Apart from these initiatives, various flagship programs of the government such as Make in India, Start-up India, Stand-up India, Digital India and Housing for All are also oriented towards generating employment opportunities.