KARACHI:
The Azad Kashmir government is confronted with a formidable challenge i.e., rising unemployment, which has reached a staggering 14.4%. This percentage surpasses the national average, signifying the urgency of addressing the issue. A significant concern is the youth-dominated population, which has limited opportunities for earning a livelihood within the region. Currently, the government is the largest employer in Azad Kashmir. It allocates nearly 70% of its budget to administrative expenses alone.
To overcome this challenge, the government must prioritise job creation and focus on the capacity building of the youth. The gravity of the situation demands sincere efforts and comprehensive measures. Promoting entrepreneurship can empower young individuals. They should be offered financial assistance, mentorship programmes, and resources for business development. Additionally, investing in infrastructure can spur employment growth, particularly in sectors such as construction, transportation, and renewable energy. Skill development programmes are essential for equipping the youth with industry-relevant competencies. Collaborating with educational institutions, vocational training centres, and industry stakeholders will ensure that the curriculum aligns with market demands. Encouraging foreign direct investment (FDI) through incentives and a supportive environment can attract investors and generate job opportunities.
Public-private partnerships play a crucial role in fostering job creation initiatives. By offering attractive incentives and establishing a supportive regulatory framework, private enterprises can be encouraged to set up industries in Azad Kashmir. The government must facilitate the youth of Azad Kashmir and the rest of the country as they are the future nation builders.
Raja Asad Azad
Muzaffarabad
Published in The Express Tribune, June 1st, 2023.
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