Govt Allocates Rs 35 Cr To Encourage Local Entrepreneurs - Eastern Mirror
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Govt allocates Rs 35 cr to encourage local entrepreneurs

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By Our Correspondent Updated: Aug 31, 2017 11:18 pm

Our Correspondent
Imphal, August 31 (EMN): Chief Minister N Biren Singh on Thursday said the state Government has already allocated a sum of Rs.35 crore in the state budget under the “Startup India” initiative to encourage the local entrepreneurs.
Under the leadership of Prime Minister Narendra Modi to encourage entrepreneurship in the country, the central government has already started “Startup India” campaign aimed at promoting start-up ventures to boost entrepreneurship and encourage start ups with jobs creation for the unemployed youths in the country. Biren was speaking at the ‘Romi Industries Mega Event, 2017’ held here on Thursday.
Urging the unemployed youths of the state to become job creators instead of becoming job seekers and should not be craze for white collar jobs, he said encouraging and promoting the local entrepreneurs would not only improve the State’s economy by exporting our products but also to become self reliant, self sustained market economy and generation of employment.
“We don’t have to think only of commercial or profit oriented view but also to work towards the welfare and prosperity of the State,” he said. “The government would introduce policies and programmes to encourage the entrepreneurs of the State.”
He also urged the banks to encourage the local entrepreneurs and start-ups by providing financial assistance for their venture. Public service is the foremost responsibility of the present government, he added.
In his speech, Minister for Commerce and Industries Th Biswajit said that such entrepreneurs should be encouraged by the people of the State which not only promote our local goods but also provide employment to many unemployed youths of the State.
He said that the State Cabinet would decide regarding the introduction of handloom products as uniforms of government educational institutions in the State from next academic session soon. He said that the medicines such as antibiotics would be manufactured under the initiative of Commerce and Industries department on the PPP model or joint venture in the State soon. He further said that if we want to bring positive change in the society then that change should start within ourselves.
Minister for Education Th Radheshyam also spoke on the occasion where a factory and a showroom of Romi Industries was inaugurated besides giving prizes to the schools that have produced at least 10 position holders upto the rank of 25 in the matric examinations 2015-16 and 2016-17.

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By Our Correspondent Updated: Aug 31, 2017 11:18:38 pm
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