Views from Srinagar Kashmir: The future in your hands
thus empowering and preparing them to thrive in the somewhat unstructured and uncertain nature of today’s conditions.
It should be available to all college students regardless of what their major courses and choice of studies are to enhance their respective competitive advantages.
The economy of Jammu and Kashmir has suffered from disturbed conditions prevailing in the state since past 26 years.
Both the centre and state governments are trying to put the economy back on the rails by enabling the average person to get employment opportunities in a state ridden with violence and having a population 600,000 unemployed youths.
The challenges before the state are immense. In this scenario, the thrust should be on employment generation for the youth in state.
Entrepreneurship is the process of creating something new with value by devoting the necessary time and effort, with the accompanying financial and social risks, and receiving in return monetary rewards, personal satisfaction and independence. In this era of shrinking economic activities, government should endeavor to provide the necessary infrastructure required for skills acquisition among its citizenry.
This is because without technological skills, entrepreneurial spirit which drives economic development through job creation will be lacking.
Entrepreneurship is essential for rapid and sustained economic growth, but there is an urgent need to change the mindset of the youths towards embracing self-employment and de-emphasize the search for white collar jobs that are non-existent.
Kashmir in many respects also faces problems of isolation, and lack of an industrial base and thus very few employment opportunities.
However, the state is vested with a substantial water resource, mineral base, and is famous the world over for its exquisite handicrafts, handloom products, tourism, horticulture produce and cottage industry.
While the state has enormous potential for the flourishing of various industries, it has lagged behind in the field of industrialization.
Public sector units have generally failed to perform and the private sector has not flourished in the state.
Although the state has made sustained efforts, based on its industrial potential, to develop industry and elevate its economic standard, it has still to go a long way to find a place on the industrial map.
Therefore, it is imperative to identify and exploit the productive capabilities of the different regions of the state to trigger growth impulses, thereby facilitating the process of economic take-off.
For promoting prosperity and ensuring equitable economic development throughout the state, the state government should encourage the flow of investments in areas with high employment potential.
At enabling enterprise, I believe entrepreneurship can provide a space for young people to stand up and take ownership of their ideas, talent and skills, which will guide them in their next steps by setting up and running their own projects.
With the potential for real and meaningful impact, young people should create opportunities to take the lead and come up with creative solutions to the problems which matter to them.
All we do is set the challenge and provide a structure to help guide them create the opportunities.
Entrepreneurship is more than an activity, it is also an approach by empowering young people to harness to their own resources.
Entrepreneurship can provide a fruitful model for practitioners seeking to support young people in their transitions to employment through gaining direct ownership over their achievements, as well as the challenges they overcome.
In a climate like Kashmir where many young people feel affected by circumstances beyond their control, by encouraging participation, skills development and youth leadership we can be confident that youth will take the future back into their own hands. —Courtesy: Kashmir Reader