JKEDI Announces Entrepreneurship Development Program; Will provide loan up to Rs. 5 Lakhs to women

The Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) today launched the Entrepreneurship Development Program (EDP) under the Tejaswani (The Radiant) Livelihood Programme, a special initiative of Mission Youth aimed at empowering young women by allowing them to become self-sufficient.

Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) has inaugurated the Entrepreneurship Development Program (EDP)

the Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) inaugurated on Entrepreneurship development Program (EDP) on March 8, 2022 as part of the Tejaswani (The Radiant) Subsistence dieta unique effort by Mission Youth to empower young women and enable them to become self-sufficient.

This initiative was first launched in 12 districts in the union territory during the first phase, with all remaining districts expected to be covered by the program in the coming days.

In Jammu region, 204 candidates from Samba, Doda, Kathua, ReasiRamban and Udhampur participated in the PDE, while 142 candidates from Kashmir region participated in the program at Budgam, Srinagar, KulgamBaramulla, Bandipora and Ganderbal.

During the EDP, candidates will learn basic business concepts such as forming business plans, market strategy, account management, and a variety of other relevant topics.

“Today is International Women’s Day, and there couldn’t be a better day to launch a program for aspiring women. women entrepreneurs. This program will help them to earn a living with dignity”, affirmed Anil Koul, director of JKEDI.

The objective of the program is to provide financial assistance to young women for the creation of profitable self-employment businesses adapted to their skills, training, aptitudes and local conditions. Women entrepreneurs must be facilitated to benefit from financial assistance within the framework of Mudra loan from J&K Bank to the extent of Rs.5.00 lakh.

Mission Youth, J&K will provide an amount of Rs.50000 or 10% of the project cost (whichever is the minimum) as a grant.

Additionally, Mission Youth will support the interest component of the loan as a special incentive. This initiative will improve their socio-economic status and lead to the involvement of women in nation building.

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