J&K's unemployment rate stands at 6.1%: Govt

Posted by admin_kas on 2025-03-20 11:29:22 |

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KS News Desk 

Srinagar, Mar 20: The Jammu and Kashmir government on Thursday informed the Legislative Assembly that the current unemployment rate in the Union Territory stands at 6.1 percent for individuals aged 15 years and above in 2023-24, as per the MoSPI. 

Replying to a question asked by MLA Tanvir Sadiq, the government informed the House that 3,70,811 unemployed youth have voluntarily registered on the employment portal by the end of January 2025.

The minister in-charge informed the House that government has implemented several self-employment schemes under initiatives like Mumkin, Tejaswani, Mission Youth, PMEGP, and REGP. 

"These schemes have facilitated the generation of approximately 9.58 lakh self-employment opportunities since 2021. In the current fiscal year (2024-25), 1.36 lakh opportunities have been created," the minister in-charge informed the House.

Thank House was informed that the government has generated 3.01 crore person-days of employment, benefiting 8.07 lakh households under the MG NREGA program.

"To further encourage entrepreneurship and skill development, the government has launched Mission YUVA which aims to establish 1.35 lakh entrepreneurship units and create employment for 4.5 lakh youth in Jammu and Kashmir," the minister in-charge informed the House.

The House was informed that the department continues to promote skill development through specialised training programs designed to enhance self-employment capacities. "Regular job fairs are also conducted to bridge the gap between job seekers and employers, encouraging private sector employment,“ the minister in-charge said. (KNO)