Srinagar, — Chief Minister Omar Abdullah today presided over the signing of a Memorandum of Understanding (MoU) between the Directors of Industries & Commerce of Kashmir and Jammu divisions and the National Stock Exchange (NSE) of India Limited.
The agreement aims to strengthen the entrepreneurial ecosystem in Jammu and Kashmir by enhancing access to financial markets, encouraging investment, and supporting employment generation initiatives across the Union Territory.
Officials said the MoU will facilitate capacity-building programmes, market-linkage support, and financial literacy sessions for budding entrepreneurs and existing business units. It is also expected to open new avenues for startups seeking to scale operations through formal market mechanisms.
Speaking on the occasion, the Chief Minister termed the collaboration a “significant step” toward empowering youth and advancing the region’s economic landscape. The partnership, he said, would help entrepreneurs integrate with national-level financial platforms and attract greater private investment into J&K.
NSE representatives expressed commitment toward supporting business growth in the region through knowledge-sharing and institutional support. The Industries & Commerce Department is expected to begin coordinated outreach programmes in the coming weeks.
