Consider the following statements Under the SAATH initiative SHG women entrepreneurs will be provide...........

Jammu and kashmir Economy

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Consider the following statements:

Under the SAATH initiative, SHG women entrepreneurs will be provided mentoring and intensive training through capacity building workshops.
Besides, the programme will nurture existing enterprises into sustainable, high productivity ventures.

Which of the above statements is/are correct?

1 only

2 only

Both

None

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Explanation:

Union territory of Jammu and Kashmir has recently announced that it plans to establish 11,000 new SHGs for women across Jammu and Kashmir.

This announcement was made at the at the launch of ‘SAATH’, a rural women enterprise acceleration programme, at Kashmir International Conference Complex.

SHG women entrepreneurs will be provided mentoring and handholding through intensive training and capacity building workshops for upscaling their business ventures.

The Lieutenant Governor observed that the specifically tailored platform ‘SAATH’ will be a major contributor to the socio-economic upliftment of women in rural and semi-urban areas.

Apart from making business ecologies thrive in rural areas, the programme will nurture existing enterprises into sustainable, high productivity ventures through skilling, mentoring and market linkages.