ENA State 2023-11-15 16:46:26 <p><span style="font-size:14px"><strong>Jammu, Nov 15 (KNN)</strong> The Skill development Department, Jammu and Kashmir has signed an agreement with Bombay Stock exchange BSE to create financial awareness among the youth of the Union territory.</span></p> <p><span style="font-size:14px">It also aims to support the economic development and encourage sustainable livelihood of the youth in the UT.</span></p> <p><span style="font-size:14px">The MoU was signed on Wednesday between representatives from BSE and Saurabh Bhagat, Secretary to the Government, Skill Development Department.</span></p> <p><span style="font-size:14px">As per reports, in its inaugural phase, this collaborative initiative is poised to make a substantial impact by reaching 1500 youth, nurturing a culture of financial literacy. </span></p> <p><span style="font-size:14px">The primary objective is to redirect investments from traditional sectors towards more lucrative financial institutions. This strategic partnership is not merely transactional; it aspires to equip the youth of Jammu and Kashmir with essential knowledge and skills, effectively bridging the gap between conventional and contemporary financial landscapes.</span></p> <p><span style="font-size:14px">The memorandum's significance extends beyond individual empowerment; it aligns with a comprehensive vision of augmenting economic understanding and diversifying investment opportunities, thereby fortifying the financial ecosystem. </span></p> <p><span style="font-size:14px">Beyond the student demographic, this awareness program will also extend its reach to various chambers and business associations, fostering a broader understanding of financial dynamics and promoting informed decision-making across diverse sectors. </span></p> <p><span style="font-size:14px">During the MoU signing, Bhagat affirmed dedication of the government towards holistic development by embracing global strategies for youth empowerment, sustainable livelihoods, and enhancing financial literacy in Jammu and Kashmir.</span></p> <p><span style="font-size:14px">He stressed the necessity for Jammu and Kashmir students to excel in diverse disciplines, not only bolstering personal livelihoods but also contributing to the vision of a self-reliant India (Atma Nirbhar Bharat) and the overarching goal of a developed India by 2047 in a fiercely competitive global landscape.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 35529 https://knnindia.co.in/news/newsdetails/state/jk-skill-dept-inks-mou-with-bse-to-enhance-financial-literacy-in-ut 2023-11-15 16:46:26 knnindia.co.in