The Udaan scheme is an initiative aimed at enhancing the employability of 40,000 unemployed youth in Jammu and Kashmir through corporate partnerships, training programs, and mentorship. The process involves candidate registration, selection through mega drives, training for 3-6 months, and subsequent job placements across various sectors. Key stakeholders include the Ministry of Home Affairs, National Skill Development Corporation, and corporate partners who collaborate to provide skills training and employment opportunities.