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Mein also talked about unemployment becoming a global phenomenon and mentioned that the Government of Arunachal Pradesh is taking measurable steps to address the issue by creating livelihood opportunities for the youths under the Arunachal Pradesh Entrepreneurship Development Program (APEDP). The Arunachal Pradesh Innovation and Investment Park has been started to support and felicitate startups of the young entrepreneurs of Arunachal Pradesh, to start their own businesses and achieve success in the process. Also highlighting the Deen Dayal Upadhyay Swalamban Yojana and the Chief Minister’s Paryatan Vikash Yojana, Mein stated that the Government of Arunachal Pradesh is giving a 40% front-ended capital investment subsidy to the unemployed youths to set up small and medium enterprises.
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Apart from mobilising youths in the direction of entrepreneurship, Mein noted that the state Govt is also taking prioritising women and farmers in the state by enabling them towards enhanced means of livelihood opportunities through verticals such as Agro-processing units.
Addressing the gathering of notable economists and professors present during the program, the Deputy Chief Minister cited the issues of unorganised labour, hill agriculture, and migrant labour. He urged them to encourage local youths toward shouldering the responsibilities of an ideal citizen and collectively facilitate the state in tackling such issues, leading to a massive face-lift to the rural pockets of the region.
He expressed hope that the ISLE would come up with many more innovative ideas to address labour & unemployment issues and to share the valuable outcome of the conference which can help guide the State Govt in formulating even more effective Economic Policy.
Further, Mein also recalled Arunachal’s performance in NITI Aayog’s Innovation Index for 2021 as one of the top performers in the investment pillar under the North-Eastern and Hilly states category.
Mein also gave away Certificates to the winners of the papers presented during the conference. More than 400 delegates from various universities across the country and abroad participated in the 3 days ISLE Conference.
On the occasion, Prof Deepak Nayyar, President, Indian Society of Labour Economics (ISLE), Prof Dhananjay Singh, Chairperson and Member Secretary, Indian Council of Social Science, Prof Kunal Sen, Director, United Nations University-WIDER, Helsinki and Prof Jeemol Unni, President, 63rd Indian Society of Labour Economics Conference also spoke.