J&K government aims to boost start-ups and credit access, says Omar Abdullah
Chief Minister Omar Abdullah spoke at the first convocation of Cluster University of Jammu regarding entrepreneurship and economic sectors.
Jammu and Kashmir Chief Minister Omar Abdullah on Saturday stated that his government is dedicated to fostering entrepreneurship in the region. Speaking at the first convocation of Cluster University of Jammu, Abdullah said the administration intends to bolster the start-up environment, make obtaining loans easier, and streamline approval procedures for young business owners, according to The Tribune.
The Chief Minister identified several sectors with high potential, including the digital economy, renewable energy, sustainable tourism, agribusiness, and food processing. He noted that local produce such as saffron, walnuts, basmati rice, Bhaderwah rajmash, kaladi, and citrus fruits provides opportunities for branding and market expansion.
Abdullah described the university as a collegiate federation that combines five institutions: GGM Science College, MAM College, SPMR College of Commerce, Government College for Women, Gandhi Nagar, and Government College of Education. He noted the institution's placement in the 151–200 band of the National Institutional Ranking Framework (NIRF).
The Chief Minister called for continued investment in digital connectivity, modern laboratories, hostels, and common infrastructure. He specifically mentioned the need for these facilities for students from areas including Poonch, Rajouri, Doda, and Kishtwar.
Addressing graduates, Abdullah said that government jobs alone cannot accommodate every graduate. He urged students to look toward emerging economic opportunities and entrepreneurship, stating that prosperity will come when youth become innovators and value creators rather than just job seekers.
Abdullah also emphasised the importance of timely examination cycles to ensure students do not lose academic years. He said his government is committed to providing universities with academic autonomy, faculty strength, and institutional support.