Tag: Business

  • Business idea: From SBI, ICICI to HDFC, earn upto Rs 60,000-70,000 through ATM franchise; Check full details

    [ad_1]

    Srinagar, Mar, 02: See here all details on getting an ATM franchise that will help you earn upto Rs 70,000 per month.

    People often refrain from business as setting up a business is very challenging and requires a lot of financial investment. However, there is a way to earn Rs 60,000-70,000 per month with a small amount of one-time labour and a refundable investment of approximately Rs 5 lakh.

    Now the real question is how to get an ATM franchise.

    To get an ATM franchise, you have to submit an application from the official website of the company that has the contract for it. For example, if you want to get an ATM franchise of SBI, then you will have to apply for it from the official website of either India One ATM or Tata Indicash or Muthoot ATM since these have contracts for SBI and most banks such as HDFC, ICICI, PNB, and more.

    ATM Franchise: Conditions to set up an ATM cabin

    • Applicant must have an area of 50 to 80 feets
    • It should be minimum of 100 meters away from other ATMs
    • The ATM cabin should be placed at a place that is within visibility
    • LAt least a 1kw electricity connection should be available at all times
    • The cabin should be a permanent building with a concrete roof.

    ATM Franchise: Documents needed for application

    • Aadhaar Card, Pan Card, Voter Card
    • Ration card, electricity bill
    • Bank account and pass book
    • Photograph, E-mail ID, Phone No
    • GST number
    • Financial documents required by the company

    SBI ATM franchise: Investment and earning

    Applicants will have to deposit a security amount of Rs 2 lakh and working capital of Rs 3 lakh to get approval for setting up an ATM cabin. The entire investment is roughly Rs 5 lakh. This varies from bank to bank. For every cash transaction, you will receive Rs 8 and for every non-cash transaction, you will get Rs 2. This earning will begin only after the ATM is deployed and functional.

    Note: Beware of fraud websites offering the ATM franchise. Go to the official website only.

    [ad_2]
    #Business #idea #SBI #ICICI #HDFC #earn #upto #ATM #franchise #Check #full #details

    ( With inputs from : roshankashmir.net )

  • The Kashmir Morels

    [ad_1]

    Like carpets that Kashmir weaves but ill-affords for itself, the valley produces more than 25 tons of costly morels that sell at a cost higher than silver in the global market, reports Tazeem Nazir

    Morel Mushrooms locally caled Gucchi or Kan Gitch1
    Morel Mushrooms, locally called Gucchi or Kan Gitch are prized wild-growing Fungi that feed a high end overseas market in Kashmir

    Come spring and hundreds of people living in the Kashmir foothills will leave for, what they say, the Gucchi hunt. Usually arduous journeys, it is expertise and fate that helps collectors to locate the morels in the coniferous forests, the most expensive mushrooms that cannot be cultivated commercially. Locally, it is called Gucchi or Kan Gutch.

    A major Kashmir export, these mushrooms are a treasure for collectors and a taste for consumers.  Collectors take months in harvesting these mushrooms and many weeks to sun-drying them before selling them.

    Collectors offer interesting ideas about their hunts. These mushrooms grow in clumps on partly rotten tree trunks, topsoil, and leaves. “Some people say, these could be found anywhere near a spot that had seen a forest fire in the last season,” one collector claimed. “But the crisis is that they may not grow at  the same place next season.” Another belief is that these mushrooms sprout after lightning strikes the ground. Usually, they start appearing in late March and can be collected up to May.

    It looks distinct from the entire mushroom varieties. Its cap is faded brownish cream, yellow to tan, or faded brown to greyish brown. The edges of the ridges are usually lighter than the pits, and quite oval in outline, now and again bluntly cone-shaped with a rounded pinnacle or greater elongate. Caps are hollow and connected to the stem at the lower edge. The meat is fragile. The stem is white to pale yellow or pale yellow, hollow and straight, or with a bulbous or club-shaped base.

    “I live near the forest. When I was 15, I used to go on a mushrooms hunt,” Mohammad Waseem, a resident of Rayil in Ganderbal’s Gund belt, said. “I used to go for fun but sometimes it would fetch me some morels. The season for harvesting these mushrooms starts after the snow lines start disappearing.”

    The morel pickers are supposed to be experts in their field. Nature grows lot of false morels as well and some of them are poisonous. The fake morels are almost akin to the prized mushroom but slightly differ in their caps which are rounder in false ones. Of over 14000 mushroom species only less than 3000 are edible.

    Morels grow in higher reaches. “When we reach higher forests we face difficulties in finding these mushrooms as they are scattered over the forest land,” Zareefa, who goes on morel harvesting every year in Ganderbal hills, said. “At home, we put these mushrooms like beads in a thread and put the ‘garland” to sundry. They need proper care otherwise fungus can hit the garlands of mushrooms and make them black.”

    Zareefa said she has heard that these mushrooms are very costly but we do not get much from it. “Earlier, we used to get Rs 10,000 for one kilogram but now we barely get half of it,” Zareefa regretted, insisting that the dealers give too hoots to the struggle we put in to collect these rare plants. She has been collecting the morels for the last three years between April and June. “Families used to manage their living by selling these mushrooms but now it is too difficult because we do not get much from it.”

    A Major Export

    Harvesters apart, the morels are a key export. Though a small part of the yearly collection goes to the upmarket hotel chains, the bulk goes offshore. A conservative estimate puts the average yearly morel production at around 25 tons.

    “We supply morels to Germany, France, Switzerland, and China,” one Srinagar-based exporter, who talked on the condition of anonymity, said. “Routinely, we export around none tons a year. It mostly goes to different food industries.” He puts the cost for A-grade morel per kilogram at Rs 20,000 but insiders in the sector said it is way beyond it.

    The exporter said the quantum of harvest in a year is linked to the weather conditions. Adverse weather hampers the harvest by Gujjars and Bakerwals, who are major contributors to the collection.

    Admitting that there were problems in demand, another exporter Mohammad Affan said the global recession seriously compromised the rates. “These mushrooms are being sold either at supermarkets or are in demand from upmarket hotel chains,” Affan said. “Because of Covid19, tourism and travel were seriously impacted and the demand fell to an all-time low. The global slowdown has witnessed a 20 per cent fall in overseas demand and right now we see only 70 to 80 per cent sales.”

    Asked about the disinterest that mushroom collectors are exhibiting because of low returns, another exporter said the morels are being marketed through a complicated long chain. “It is not that we purchase from gatherers and then we sell in retail. The fact is that we sell to major business companies who sell to the retailers,” the exporter said. “It has a lot to do with the size and quality of the mushroom, and age plays a key role.” He said the per kilogram costs start from Rs 10,000 and it goes up to Rs 24000 depending upon these factors – the same season morel costs more than the one that was harvested last season. “Smaller qualities cost huge. Even in Kashmir, a 100-gram packet would cost you Rs 3000.”

    Morel exports said they are taking all the mandatory precautions in making the purchases. It is a zero-GST commodity but these exporters have to ensure they buy the mushroom from collectors who are certified by the forest department. “They must have the license,” one exporter said. “It is a laborious process to establish that the mushroom falls in the zero tariff category in GST. We do this for the farmers because they have only small quantities.”

    The morel mushroom collectors are scattered across Kashmir. Mostly in the foothills, they are in Kupwara, Budgam, Ganderbal and Pahalgam and other parts of south and north Kashmir. “While they are collected early spring, the morels are in demand mostly during winters between September and March.”

    Masood Wafai, a mechanical engineer turned mushroom entrepreneur said the morels in Kashmir are surrounded by myths. “That morels sprout with lightning and thunder hitting the ground in higher reaches is baseless,” Wafai, who recently attended a high-end interaction with academics, said. “These mushrooms require a particular temperature and environment to grow. The more black the soil, the more the fungus would be around. The Directorate of mushroom research, which has been working on these morels for the last three years have succeeded in growing these mushrooms in laboratory conditions but they have not succeeded in the way they wanted. It is being said that China has already produced it successfully but they are not letting their secret out.”

    The Nutrient Worth

    Even though the morels share a lot of their properties and nutrient structure with other mushrooms, the Gucchi fungus is still costly. “The demand for these mushrooms is high because they are rich in nutrients and they shed almost 80 per cent of their water when dried and with water, they resume a much bigger size.”

    Beenish Zohra, a dietician, said Kashmir calls it Kan Gitch because they look like human ears. Known as Morchella esculenta to science this most sought-after macro-fungi has medicinal properties and is considered a dietary antioxidant. “The scientific research carried out on morels demonstrates that their anti-oxidative have immune-stimulatory and anti-inflammatory bioactivities besides being anti-tumour properties,” Zohra said. “The morel contains high amounts of potassium, vitamins, and copper, which all contribute to a healthy nervous system and cardiovascular health. Besides, they carry the highest amount of vitamin D among edible mushrooms, in addition to vitamin B1m which is thiamine that breaks down the body’s sugar content.”

    People suffering from Arthritis, have thyroid or liver issues or wish to resist fatigue are being suggested to use morels as part of the food. “By nature, these mushrooms are antiviral, lower the blood sugar, reduce the signs of ageing, and improve immunity,” Zohra added. “The healing capacities of the mushroom make it vital in traditional medicine baskets.”

    Zohra said that people who have mushroom allergy must avoid morels. Before they are cooked, they need to be cleaned properly because in certain cases insects remain trapped in their flesh. Over-consumption can lead to severe abdominal issues and can lead to abdominal pain, diarrhoea, nausea, and vomiting.

    Climate Change

    Morels do not grow in Jammu and Kashmir alone. In fact, the entire Himalayan range is home to precious mushrooms. Off late, however, there are reports that the availability of the mushroom has gone down and the research carried out by the Solan-based Indian Council of Agriculture Research (ICAR) Directorate of Mushroom Research suggests that the increase in temperature is the key reason. Climate change, the research suggests is making this mushroom a victim.

    At the same time, the experts suggest that the morel pickers must not uproot the mushroom totally. Instead, they must cut it from the stem. Besides, they suggest that if the pickers encounter a bunch at a spot, they must leave at least one mushroom untouched.

    [ad_2]
    #Kashmir #Morels

    ( With inputs from : kashmirlife.net )

  • House GOP presses agencies on small business rules

    House GOP presses agencies on small business rules

    [ad_1]

    230223 roger williams ap

    House GOP lawmakers are launching a sweeping oversight effort aimed at ferreting out how agencies across the federal government weigh the potential impact on small businesses when crafting regulations.

    House Small Business Republicans, led by Chair Roger Williams of Texas, Rep. Blaine Luetkemeyer of Missouri and Rep. Beth Van Duyne of Texas, sent letters to 25 agencies Wednesday about their compliance with laws that require them to analyze the effects of new rules on small employers and to produce compliance guides for those firms. The committee’s push is designed to shield small businesses from burdensome regulation.

    The targets include the EPA, the DOL, the IRS and the CFPB. In the letters, committee Republicans cite examples where they said agency regulatory work has fallen short when it comes to small business impact.

    [ad_2]
    #House #GOP #presses #agencies #small #business #rules
    ( With inputs from : www.politico.com )

  • Russia developing North-South Corridor for business with India, Iran, and Pakistan: Putin

    Russia developing North-South Corridor for business with India, Iran, and Pakistan: Putin

    [ad_1]

    Moscow: President Vladimir Putin on Tuesday said Russia is developing the ambitious North-South Transport Corridor, which will open up new routes for business cooperation with India, Iran and Pakistan, as well as West Asian countries.

    In his one hour and 45 minutes State of the Nation Address to the Federal Assembly, Putin also said that Russia will expand promising international economic connections, as well as build new supply corridors, as the US-led West has imposed crippling sanctions for Moscow’s invasion of Ukraine nearly one year ago.

    “We will develop the ports of the Black Sea and the Sea of Azov, we will particularly focus on the North-South International Corridor,” Putin said, noting that it will open up new routes for business cooperation with India, Iran, Pakistan as well as West Asian countries.

    “We will continue developing this corridor,” Putin was quoted as saying by the state-run Tass news agency.

    “What areas should the state, regions, and local businesses focus their partnership work on? First, we will expand promising international economic connections and build new supply corridors,” he said in the speech days before the Ukraine war’s first anniversary on Friday.

    He said a decision has already been taken to extend the Moscow-Kazan highway to Yekaterinburg, Chelyabinsk and Tyumen, and in the future — to Irkutsk and Vladivostok, and potentially — to Kazakhstan, Mongolia and China, which will particularly expand Russia’s economic ties with the markets of Southeast Asia.

    The International North-South Transport Corridor (INSTC) is a 7,200-km-long multi-mode transport project for moving freight among India, Iran, Afghanistan, Armenia, Azerbaijan, Russia, Central Asia and Europe.

    The INSTC is India’s vision and initiative to reduce the time taken for EXIM shipments to reach Russia and Europe, and enter the Central Asian markets.

    During a visit to Yerevan in Armenia in October 2021, External Affairs Minister S Jaishankar proposed that the strategic Chabahar Port in Iran be included in the North-South Transport Corridor that has the potential to bridge connectivity barriers.

    The Chabahar port in the Sistan-Balochistan province in the energy-rich nation’s southern coast is easily accessible from India’s western coast and is increasingly seen as a counter to Pakistan’s Gwadar Port located at a distance of around 80 km from Chabahar.

    The first phase of the Chabahar port was inaugurated in December 2017 by then-Iranian President Hassan Rouhani, opening a new strategic route connecting Iran, India and Afghanistan bypassing Pakistan.

    The Chabahar port is being considered a gateway to golden opportunities for trade by India, Iran and Afghanistan with Central Asian countries, besides ramping up trade among the three countries in the wake of Pakistan denying transit access to New Delhi.

    [ad_2]
    #Russia #developing #NorthSouth #Corridor #business #India #Iran #Pakistan #Putin

    ( With inputs from www.siasat.com )

  • India-UAE Business Council launched to boost bilateral trade and investment

    India-UAE Business Council launched to boost bilateral trade and investment

    [ad_1]

    Dubai: Marking the first anniversary of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), the two sides have launched the UAE chapter of their joint business chamber to bolster economic ties and facilitate enhancing bilateral trade and investment.

    India and the United Arab Emirates (UAE) inked a CEPA on February 18 last year to boost trade ties following a virtual summit between Prime Minister Narendra Modi and Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan.

    The UAE India Business Council – UAE Chapter (UIBC-UC) was launched on Saturday by Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, in the presence of Ambassador of India to the UAE, Sunjay Sudhir, Consul General of India in Dubai Aman Puri and founding members of the UBIC-UC.

    The two nations aim to increase bilateral trade to USD 100 billion and attract USD 75 billion in investment from the UAE to India.

    The UIBC-UC is poised to play a crucial role in supporting both governments in achieving these objectives and maximising the potential of the UAE-India relationship.

    By leveraging the strong bond between the two nations, the council brings together key partners and stakeholders from both nations and will serve as a valuable source of policy guidance, fostering innovative collaboration between Emirati and Indian businesses.

    Speaking on this occasion, Minister Zeyoudi highlighted that the establishment of the UAE Chapter of the UAE India Business Council marks a significant moment in the deepening of the relationship between the United Arab Emirates and India.

    He also mentioned that the Council will play a critical role in supporting the two governments in their joint mission to boost bilateral trade and investment. He expressed confidence that it will catalyse innovative collaboration between our two great nations.

    Ambassador Sudhir said, “The launch today marks a significant milestone in the strengthening of the relationship between the United Arab Emirates and India.”

    The UIBC-UC will serve as the counterpart organisation to the UIBC India Chapter, which was established in New Delhi on September 3, 2015, by Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister for Foreign Affairs and International Cooperation, and Sushma Swaraj, then Minister of External Affairs of India.

    The UAE India Business Council – UAE Chapter (UIBC-UC) has been set up with the approval of UAE’s Ministry of Foreign Affairs and International Cooperation and the Ministry of External Affairs, Government of India.

    The UIBC-UC will operate under the supervision of the Federation of UAE Chambers of Commerce & Industry and has been registered as a legal and financial entity with the Dubai Chamber of Commerce. The council will have its office in Abu Dhabi and will be a pan UAE body focussing on promoting trade and investment relations between the UAE and India. Membership to UIBC-UC will be by invitation only, and institutional members will be invited over time.

    Faizal Kottikollon, Chairman, of KEF Holdings, who has been appointed as the Chairman of UIBC-UC, said the council’s focus will be to identify significant strategic projects that can be undertaken by both countries.

    “This includes investments in large infrastructure projects in India, advancements in manufacturing and technology, and providing Indian manufacturers with the ability to use the UAE as a base for their global expansion,” he said.

    Rizwan Soomar, CEO & MD (India Subcontinent) at DP World, will serve as the Co-Chairman of UIBC-UC.

    Major General (Retd.) Sharafuddin Sharaf, who serves as the Chairman of the UIBC India Chapter, will also hold the position of Vice Chairman of UIBC-UC.

    The founding members of the UIBC-UC from the UAE side are Mubadala Sovereign Wealth Fund of the UAE, Wizz Financial, DP World, EMAAR, Emirates Airlines, and Emirates NBD Bank.

    From the Indian side, large conglomerates such as TATA, Reliance, and Adani as well as tech innovators like OLA, Zerodha, Udaan, and EaseMyTrip along with prominent Indian entrepreneur led Corporations based in the UAE such as KEF Holdings, Buimerc Corporation, Apparel Group, EFS and Lulu Financial are represented.

    [ad_2]
    #IndiaUAE #Business #Council #launched #boost #bilateral #trade #investment

    ( With inputs from www.siasat.com )

  • UAE-India Business Council launched to boost bilateral trade

    UAE-India Business Council launched to boost bilateral trade

    [ad_1]

    Dubai: Marking the first anniversary of India-UAE Comprehensive Economic Partnership Agreement (CEPA), the top business houses of India and UAE came together to open the UAE India Business Council – UAE Chapter (UIBC-UC), to bolster economic ties and facilitate shared goal of enhancing bilateral trade and investment.

    The UIBC-UC was launched by UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi, in the presence of Ambassador of India to the UAE Sunjay Sudhir, Consul General of India in Dubai Aman Puri and founding members of the UBIC-UC.

    The founding members of the UIBC-UC from the Indian side, large conglomerates such as TATA, Reliance, and Adani are represented, as well as tech innovators like Ola, Zerodha, Udaan, and EaseMyTrip, along with prominent Indian entrepreneur-led corporations based in the UAE such as KEF Holdings, Buimerc Corporation, Apparel Group, EFS and Lulu Financial. From the UAE side are: Mubadala – Sovereign Wealth Fund of the UAE, Wizz Financial, DP World, EMAAR, Emirates Airlines, Emirates NBD Bank.

    The two nations aim to increase bilateral trade to $100 billion and attract $75 billion in investment from the UAE to India. The UIBC-UC is poised to play a crucial role in supporting both governments in achieving these objectives and maximising the potential of the UAE-India relationship. By leveraging the strong bond between the two nations, the council brings together key partners and stakeholders from both nations and will serve as a valuable source of policy guidance, fostering innovative collaboration between Emirati and Indian businesses.

    Speaking on the occasion, Thani bin Ahmed Al Zeyoudi highlighted that the establishment of the UAE Chapter of the UAE India Business Council marks a significant moment in the deepening of the relationship between the United Arab Emirates and India. He also mentioned that the Council will play a critical role in supporting the two governments in their joint mission to boost bilateral trade and investment.

    Indian Ambassador to the UAE, Sunjay Sudhir, said, “The launch today marks a significant milestone in the strengthening of the relationship between the United Arab Emirates and India. I extend my sincere congratulations to all the founding members of the UAE India Business Council and look forward to seeing the Council’s initiatives drive greater prosperity for both nations.”

    The UIBC-UC will serve as the counterpart organisation to the UIBC India Chapter, which was established in New Delhi on September 3, 2015, by UAE Minister for Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan and then Indian Foreign Minister Sushma Swaraj, during the 11th Session of the India-UAE Joint Commission Meeting.

    Chairman KEF Holdings, Faizal Kottikollon, who has been appointed as the Chairman of UIBC-UC, said that “The council’s focus will be to identify significant strategic projects that can be undertaken by both countries. This includes investments in large infrastructure projects in India, advancements in manufacturing and technology, and providing Indian manufacturers with the ability to use the UAE as a base for their global expansion.”

    CEO & MD (India Subcontinent) at DP World, Rizwan Soomar, will serve as the Co-Chairman of UIBC-UC.

    Major General (Retd) Sharafuddin Sharaf, who serves as the Chairman of the UIBC India Chapter, will also hold the position of Vice Chairman of UIBC-UC.

    On the occasion, Consul General of India in Dubai, Aman Puri, expressed his gratitude to the Founding Members of the UAE India Business Council (UIBC-UC) for their support in establishing the organisation. He highlighted the platform’s significance in providing a space for UAE and Indian businesses to collaborate, identify new opportunities, and overcome existing challenges.

    Vikas Anand, who brings 25 years of experience in banking and was recently the group head of operations for First Abu Dhabi Bank, has been named as the Chief Operating Officer for UIBC-UC and will be responsible for advancing the Council’s mission to strengthen bilateral trade and commerce between the two nations.

    The launch of the UAE Chapter on Saturday coincides with the first anniversary of the signing of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries on February 18, 2022, underscoring the deep commitment of both nations to strengthening their economic and business relations.

    [ad_2]
    #UAEIndia #Business #Council #launched #boost #bilateral #trade

    ( With inputs from www.siasat.com )

  • Acer Travelmate Business Laptop Intel Core i5-1135G7 Processor ( 16GB DDR4/ 512GB SSD /Intel Iris Xe Graphics/ Windows 11 Home/MS Office) TMP214-53 with 35.56 cm (14.0″) Full HD Display

    Acer Travelmate Business Laptop Intel Core i5-1135G7 Processor ( 16GB DDR4/ 512GB SSD /Intel Iris Xe Graphics/ Windows 11 Home/MS Office) TMP214-53 with 35.56 cm (14.0″) Full HD Display

    41uH26r zML51LLqaYyniL417svr3vPhL41RG4tGne+L41rkIfJnvyL412gw+biryL51C+QKwjXEL
    Price: [price_with_discount]
    (as of [price_update_date] – Details)

    ISRHEWs
    [ad_1]
    Power your way through work and meetings. The TravelMate P2 easily lasts through a day of work with up to 12 hours of battery life, letting you work uninterrupted without needing to recharge. Further, the Military Standard (MIL-STD 810G) tested impact-resistant chassis and spill-resistant keyboard stand up to daily wear and tear – ensuring this laptop can survive shocks, drops, rain and more.
    Dual-channel DDR4 SDRAM support:16 GB of DDR4 system memory, upgradable to 32 GB using two soDIMM modules
    512 GB, PCIe Gen3, 8 Gb/s, NVMe SSD | Windows 11 Home
    Intel Iris X e Graphics | Microsoft Office Home & Student; 14″ display Full HD 1920 x 1080, Acer ComfyView
    Software Included: Microsoft Office 365; Human Interface Input: Microphonekeyboard; Wireless Communication Technology: Wi-Fi; Resolution: 1080p

    [ad_2]
    #Acer #Travelmate #Business #Laptop #Intel #Core #i51135G7 #Processor #16GB #DDR4 #512GB #SSD #Intel #Iris #Graphics #Windows #HomeMS #Office #TMP21453 #Full #Display

  • HP 245 G8 3S7L2PA Notebook Business Laptop 14 Inch HD ( AMD Ryzen 3- 3250 /4 GB RAM / 1TB HDD / Windows 11 Home) 1 Year Onsite Brand Warranty

    HP 245 G8 3S7L2PA Notebook Business Laptop 14 Inch HD ( AMD Ryzen 3- 3250 /4 GB RAM / 1TB HDD / Windows 11 Home) 1 Year Onsite Brand Warranty

    41aWDPJnWCL412vtN9Y+3L41rFDt3bpgL21HrI52V3 L31mumtjRcsL
    Price: [price_with_discount]
    (as of [price_update_date] – Details)

    ISRHEWs
    [ad_1]

    Memory and Storage – 4GB /1TB
    Operating System -Windows 11 Home
    Display – 14 “
    Warranty-1 Year

    [ad_2]
    #3S7L2PA #Notebook #Business #Laptop #Inch #AMD #Ryzen #RAM #1TB #HDD #Windows #Home #Year #Onsite #Brand #Warranty

  • J&K Bank Business Start-ups Finance Scheme

    [ad_1]

    To finance a new enterprise in manufacturing/services sector by entrepreneurs of age less than 45 years. The activities under this scheme include: community, social & personal service, food products, textiles, micro units, engineering like electronic, e-commerce, GSM/ GPRS based technology, IT & allied services, biotechnology like microbial, plant, medical genetics and diagnostics, health care and life sciences, tourism, handlooms, handicrafts and artisan products, beauty spas, boutique, fitness centre, kindergarten/preschool, formal school, crèches, tuition centres, media & entertainment, agriculture, e.g. pisciculture (fishery), apiculture (beekeeping), poultry, livestock, dairy, agri-clinics & agribusiness centers, aggregation agro industries, food & agro processing and services supporting these.

    Preference will be given to applicants who are recommended by recognized Incubators like Shri Mata Vaishno Devi University Technology Business Incubation Center Society (SMVDU TBIC), Centre for Trainings & Skill Development (CTSD) and Centre for Incubation & Business Acceleration (CIBA) of Jammu & Kashmir Entrepreneurship Development Institute (JKEDI)/ training institutions like ITIs.

    [ad_2]
    #Bank #Business #Startups #Finance #Scheme

    ( With inputs from : kashmirpublication.in )

  • Govt Empowers 5.50 Lakh J&K Youth To Start Own Business Ventures

    [ad_1]

    SRINAGAR: The Jammu and Kashmir government has empowered about five and half lakh youth with financial assistance and training to start their own business ventures through support from Mission Youth, Financial Institutions and Central and State Government Institutions.

    As ‘Yogyata se Rozgar’ is the core mantra of present dispensation, concrete steps are being taken up to fully support young men and women in building a bright future for themselves. The beneficiaries are being extended very possible assistance and requisite expertise training enabling them start their own business units in manufacturing, services, retail, transport sector, handicraft, agri-allied and agri- infra sectors.

    J&K administration is committed to channelize energy of youth in a positive direction by generating enhanced opportunities for them, whether it is sports, studies, self-employment, entrepreneurship and other fields.

    The government is laying special thrust on Mission Youth programme on skilling and self-employment of youth with targeted schemes to drive a socio-economic transformation. The administration has instructed for impact assessment of initiatives and called upon stakeholders for exploring all avenues for enhanced corporate engagement in Youth empowerment and skilling programmes.

    UT administration is stressing on youth skilling and self-employment in rural areas with targeted schemes to drive a socio-economic transformation.

    The Union Territory government is formulating policies that engage the youth in governance process and ensure their participation in on-ground implementation. It provides the youth opportunities to become ambassadors of innovation, peace, progress and sports, maintained an official.

    “Several initiatives have been taken to ensure financial inclusion where every citizen, irrespective of socio-economic status, is empowered to participate in the new age economy,” he added.

    [ad_2]
    #Govt #Empowers #Lakh #Youth #Start #Business #Ventures

    ( With inputs from : kashmirlife.net )