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| J&K has estimated 6 lakh unemployed youth |
According to recent data, approximately 6 lakh educated individuals in Jammu and Kashmir remain unemployed, erbating social and economic challenges.
The survey revealed that as of May 31, 2022, there were 663,511 unemployed youth in Jammu and Kashmir.
"However, 10-15 percent of these individuals are self-employed, engaged in agricultural ventures, or run small businesses in their villages. Thus, the actual number of unemployed youth seeking employment stands at staggering a 563,984," the official figures reveal.
The gravity of the situation is further emphasized by the fact that out of the total unemployed, a significant proportion, approximately 1.99 lakh individuals, have registered themselves with the government's employment portal.
This demonstrates the desperation among the educated youth to secure gain- ful employment and highlights the need for immediate action.
The Directorate of Employment pro- vided this information in reply to an RTI application filed by M M Shuja.
As per the official documents, the Jammu and Kashmir Self Employment Scheme (JKSES), in the past, played a crucial role in addressing unemployment among the educated youth.
"During the budget announcements of 2015-16, the scheme was subsumed into the Seed Capital Scheme of the Jammu and Kashmir Entrepreneurship Institute (JKEDI)," the official figures reveal.
Presently, the department has submitted guidelines for the implementation of self-employment schemes, such as the Seed Capital Fund Scheme and Youth the data reveals. Start-up Loan, through the Directorate of Employment, which were previously under the purview of JKEDI.
"Additionally, proposals for the reviv- al of the J&K Overseas Corporation are also under examination, the official to connect. documents reveal.
The Directorate of Employment has taken some steps to mitigate the unem- ployment crisis, organising various job document reads. year 2022-23.
fairs throughouse initiatives, 785 unem- "Through these ployed youth were successfully placed in were the private sector. Furthermore, employ- ment opportunities have been provided through self-employment schemes imple- youth as well. mented by JKEDI and the Jammu and Kashmir Women's Development Corpo- ration (J&KWDC)," the document reads.
To address the escalating crisis, the Directorate of Employment has expanded its efforts by conducting employment and unemployment surveys at the village level.
"This data is crucial in assessing the current state of joblessness and formu- lating effective policies. The surveys have indicated an unemployment rate of 8.31 percent based on the 2011 census,"
As per the official data, the Director- ate of Employment has been organising job fairs since 2022 at both district and divisional levels, providing a common platform for job seekers and employers
"These fairs aim to bridge the gap between job providers and the growing number of job seekers in the region," the
The official figures reveal that around 84 Job Fairs were conducted by the directorate of employment during 2022- 23 which witnessed the participation of 878 companies and 45447 unemployed
During the job fairs, 14014 youth were shortlisted while on spot placement of 1761 unemployed youth was done as well. Also, on-spot registration of 16413 unemployed youth was also done during these job fairs and 2978 youth were rec- ommended for skilling as well.
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