Commendable step of #YogiSarkar, allocates special fund for budding startups
Source :NewsBharati   Date :31-Aug-2017

Lucknow, August 31: In a commendable move to boost employment and economy, the Yogi government will provide financial assistance of 15,000 rupees per month and maximum 10 lakh rupees in a year to those who will begin startups.

Inaugurating the Startup Yatra programme in capital city, Chief Minister Yogi Adityanath has said that in India, a country with a huge population, Start Up programme can not only generate employment and self-employment but can also add new pace to development.

Without introducing new changes and creating opportunities, no development is possible, he added while saying that Start Up is a thought, an idea which when given shape can realize the dreams and aspirations of the youth.

He also said that Uttar Pradesh was a big state with a large population of youngsters and reiterated the commitment of his government to make the Start Up programme a success.

The Chief Minister expressed these views while speaking at the inauguration of the Start Up Yatra, 2017 at the Scientific Convention Centre here today. He also said that no society can prosper till all sections are given opportunities. Pointing out how as per the Rishi tradition there is no letter which cannot be transformed into a Mantra.

He also underlined that the Start Up programme is a form of the Rishi tradition and said that team spirit was must for progress. The Start Up Yatra has been started in 15 districts.

The Chief Minister also informed that for the Start Up project, the State Government has arranged for a corpus fund of Rs 1000 crore and in the coming days an MoU for this would be signed with the SIDBI. To encourage the programme, a call centre and a policy implementation app would also be launched.

He added that this programme will realize the dream of 'Ek Bharat, Shreshtha Bharat'. The need of the hour, he said, was to make education pragmatic, people self reliant and stop the brain drain through Start Up programme.

Yogi also pointed out that the state has 16,500 bank branches and each branch will now adopt a woman, a person of SC as well as ST and provide them with loan on easy installments, the amount of which would be between Rs 10 lakh to Rs One crore. He cited the example of the hair tonsuring ritual at Tirupati Balaji temple, which had become a garbage problem but has now become a money earning venture for the temple management.