Srinagar, June 14, 2025 – Deputy Commissioner (DC) of Srinagar, Dr. Bilal Mohi-Ud-Din Bhat, inaugurated the Potential Entrepreneurship Mela at Kashmir Haat (Numaish Gah) today at 5:16 PM IST, marking a significant step toward fostering entrepreneurship among Jammu and Kashmir’s youth. The event, organized by the District Administration Srinagar in collaboration with key government departments, reaffirmed the administration’s commitment to providing accessible support, resources, and opportunities to aspiring entrepreneurs, driving economic empowerment and innovation in the region.
A Catalyst for Entrepreneurial Growth
Held at the vibrant Kashmir Haat, the Potential Entrepreneurship Mela brought together young innovators, government agencies, financial institutions, and industry mentors to create a dynamic ecosystem for entrepreneurship. The event featured an array of stalls showcasing local products, from traditional handicrafts to cutting-edge agri-tech solutions, alongside workshops on business development and funding opportunities. DC Bhat emphasized the administration’s goal of transforming Srinagar into a hub for innovation and self-reliance.
“This Mela is a platform to ignite the entrepreneurial spirit of our youth,” said Dr. Bhat during the inauguration. “By connecting them with government schemes, mentors, and markets, we are building a foundation for sustainable economic growth.” The initiative aligns with Jammu and Kashmir’s broader economic agenda, including recent milestones like the rail-based export of Kashmiri cherries to global markets.
Table 1: Highlights of the Potential Entrepreneurship Mela
Aspect | Details |
---|---|
Date and Time | June 14, 2025, 5:16 PM IST |
Venue | Kashmir Haat (Numaish Gah), Srinagar |
Organizers | District Administration Srinagar, with Handicrafts, Agriculture, and MSME Depts |
Participants | Youth entrepreneurs, banks, JKEDI, startup incubators, local artisans |
Objective | Foster entrepreneurship, provide access to funding, training, and market linkages |
Empowering Youth with Resources
The Mela offered aspiring entrepreneurs hands-on guidance through sessions on schemes like the Prime Minister’s Employment Generation Programme (PMEGP), MUDRA loans, and Startup India. Representatives from the Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) conducted workshops on crafting business plans and scaling startups, while banks provided insights into low-interest loans and subsidies tailored for young innovators.
Local youth, including a significant number of women entrepreneurs, displayed innovative products such as organic food items, Kashmiri shawls, and tech-driven agricultural tools. Success stories of startups supported by government initiatives inspired attendees, highlighting the potential for entrepreneurship to address unemployment and drive economic resilience.
Table 2: Support Systems Showcased at the Mela
Support Type | Details | Provider |
---|---|---|
Financial Support | Low-interest loans, PMEGP subsidies, MUDRA loans | Banks, MSME Department |
Training & Mentorship | Workshops on business planning, market strategies, and skill development | JKEDI, industry mentors |
Product Showcases | Stalls for handicrafts, agriculture, and tech-based products | Handicrafts, Horticulture, Agriculture Depts |
Incubation Support | Guidance for startup ideation and scaling | Startup incubators, government agencies |
Economic Context and Challenges
The Mela comes at a transformative time for Srinagar, as Jammu and Kashmir leverages new infrastructure like the Udhampur-Srinagar-Baramulla Rail Link (USBRL), inaugurated on June 6, 2025, to boost trade and connectivity. The recent success of exporting 24 tonnes of cherries to Mumbai for global markets underscores the region’s economic potential. However, the April 2025 terror attack in Pahalgam, which disrupted tourism, has highlighted the need for alternative economic drivers like entrepreneurship.
DC Bhat stressed that empowering youth through such initiatives mitigates economic challenges and fosters self-reliance. “Our youth can lead the way in rebuilding confidence in Kashmir’s economy,” he said, noting the Mela’s role in creating jobs and supporting local industries like handicrafts and horticulture.
Community Engagement and Future Plans
The event saw enthusiastic participation from senior officials, local artisans, and representatives from the Department of Information and Public Relations (DIPR), amplifying its impact through media outreach. The Mela also fostered synergy between traditional sectors like handicrafts and emerging fields like agri-tech, aligning with Chief Minister Omar Abdullah’s vision of inclusive growth, as seen in his recent public engagements at Nawa-e-Subha.
Looking ahead, the District Administration plans to organize similar Melas across other districts and establish permanent entrepreneurship hubs to provide ongoing support. These efforts aim to complement major regional events like the Amarnath Yatra, starting July 3, 2025, by creating sustainable livelihoods for the youth.
A Step Toward a Vibrant Future
The Potential Entrepreneurship Mela at Kashmir Haat underscores Srinagar’s emergence as a center for innovation and enterprise. By equipping young entrepreneurs with the tools to succeed, the administration is paving the way for a resilient and prosperous Jammu and Kashmir. As DC Bhat concluded, “Today’s youth are tomorrow’s leaders. Their ideas will shape a new Kashmir.”