UP govt launches ‘Startup Fund’ to encourage youth for entrepreneurship
- Posted By
10Pointer
- Categories
Polity & Governance
- Published
26th May, 2020
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- Uttar Pradesh government has launched the ‘Uttar Pradesh Startup Fund’ to encourage the youth of the state for entrepreneurship.
- Under it, UP Chief Minister handed over the first installment of 15 crore rupees to Small Industries Development Bank of India (SIDBI).
- While launching the fund, Chief Minister said that a new start-up policy is need of the hour for agriculture, health, education, and other important sectors so that youth of state could connect with it.
- A large number of migrant workers had come to the state and that they needed to be given jobs on the basis of their skills.
- The current emphasis on startups will not only solve their problems but the benefit of their energy and talent will also be provided to the entire country through state.