Jammu, April 13: Lieutenant Governor of Jammu and Kashmir Manoj Sinha on Monday mentioned that within the post-COVID period, new innovations and improvements for the industries and markets will emerge from the Union Territory.
Sinha inaugurated the Centre for Invention, Innovation, Incubation, and Coaching (CIIIT) at Authorities Polytechnic established at a value of Rs 181.56 crore.
“Jammu, which is named town of temples, will now even be recognized because the Metropolis of Establishments with the institution of IIT, IIM, Central College, AIIMS, and different academic establishments,” Sinha mentioned.
“In response to knowledge, each month 10 improvements are occurring on the earth which modifications the necessities of the market,” he mentioned.
“The post-COVID period, new innovations and new improvements for the trade and market will emerge from Jammu and Kashmir. With coaching in digital applied sciences, our youth will assist to strengthen methods in service sectors like banks and submit places of work,” he added.
The LG famous that CIIIT Jammu will assist to create a big expertise pool that won’t solely get jobs within the automotive trade, aerospace trade, manufacturing trade, electronics, and oil and gasoline trade however may additionally begin their very own start-ups.
“Unemployment charge in Jammu and Kashmir has come down from 16.1 per cent in September final yr to 9 per cent. It’s higher than Delhi, Goa, Himachal, Rajasthan, Bihar, Jharkhand, and the credit score goes to all sections of the society and our gifted youth,” Sinha mentioned.
Citing the report of the International Innovation Index 2020, the Lt Governor mentioned that India with a robust start-up ecosystem is third on the earth after the US and England.
“Beneath the management of the Prime Minister, our nation has emerged as a giant hub of start-ups. 70 start-ups have began in Jammu and Kashmir,” he added.
(ANI/2 days in the past) https://www.newkerala.com/india-news.php