Thursday, March 24 2005 12:30 Hrs (IST) - World Time -

Jammu: Enabling the youth in Jammu and Kashmir to seek jobs in foreign countries, the State Government has unveiled plans to set up an overseas employment corporation.

Government has also made mandatory registration of unemployed educated youth with the employment exchange to create a database and address the problem on scientific lines.

"There is a good market for educated youth in the foreign countries as is evident by the fact that Malaysia has requisitioned one lakh skilled persons from India, Minister for Labour and IT Nawang Rigzin Jora told the Assembly in Jammu.

"Similarly, in the reconstruction process of Afghanistan and Iraq there is a tremendous requirement of such persons. The overseas employment corporation would focus on this aspect," he said last evening (Mar 23, 2005) in his reply to the demand of grants for departments under his charge.

He said that the Centre has earmarked 40 per cent of constable recruitment in central forces for the youth of Jammu and Kashmir and North-eastern States.

The State Government has also sought Rs 10 billion annual assistance from the Centre for as budgetary support for making new recruitments in the Government services, he said.

"Efforts are being made to provide 30,000 job opportunities under new industrial policy are likely to be created with next two years," Jora said.

He announced the State self-employment scheme would now be applicable to the unemployed who have passed eighth class.

He said Rs 46.981 million and Rs 43.299 million have been provided as margin money and interest subsidy/capital subsidy to the beneficiaries under the self-employment scheme during the current financial year by January end.