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UP govt launches ‘Startup Fund’ to encourage youth for entrepreneurship

  • Posted By
    10Pointer
  • Categories
    Polity & Governance
  • Published
    26th May, 2020
  • 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.

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