India markets close in 1 hour 13 minutes
  • BSE SENSEX

    52,698.43
    +254.72 (+0.49%)
     
  • Nifty 50

    15,791.25
    +81.85 (+0.52%)
     
  • USD/INR

    74.2550
    -0.2450 (-0.33%)
     
  • Dow

    34,930.93
    -127.59 (-0.36%)
     
  • Nasdaq

    14,762.58
    +102.01 (+0.70%)
     
  • BTC-INR

    2,973,724.25
    +44,570.75 (+1.52%)
     
  • CMC Crypto 200

    937.55
    +7.62 (+0.82%)
     
  • Hang Seng

    26,315.32
    +841.44 (+3.30%)
     
  • Nikkei

    27,782.42
    +200.76 (+0.73%)
     
  • EUR/INR

    88.1778
    -0.0809 (-0.09%)
     
  • GBP/INR

    103.6526
    +0.0625 (+0.06%)
     
  • AED/INR

    20.1710
    -0.0680 (-0.34%)
     
  • INR/JPY

    1.4751
    +0.0026 (+0.18%)
     
  • SGD/INR

    54.8730
    -0.0680 (-0.12%)
     

Nitish launches schemes to encourage entrepreneurship

·1-min read

Patna, June 18 (PTI) Bihar Chief Minister Nitish Kumar on Friday launched two schemes aimed at giving a boost to the spirit of enterprise among the states women and youth.

Both Mahila Udyami Yojana and Yuva Udyami Yojana promise an assistance of Rs 10 lakh each to applicants.

Addressing a function organized on the occasion, the chief minister said half of the assured sum would be given in the form of grant while the remaining amount will be a loan, interest-free for women and at a nominal rate of one per cent for young men.

Others who were connected via the virtual mode included Syed Shahnawaz Hussain, inducted into the state cabinet earlier this year and given the industry portfolio.

Kumar said his government has, in the past, come up with specific schemes for encouraging entrepreneurship among those belonging to the SCs, STs and OBCs.

'The latest schemes are aimed at giving a fillip to entrepreneurship among women and young men from all social groups', he disclosed.

The chief minister also inaugurated a portal, dedicated to boosting entrepreneurship in the state, on the occasion. PTI NAC SNS SNS

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting