CM Himanta rolls out financial aid scheme to help Assam youths set up business
The Hindu
Assam CM Himanta Biswa Sarma rolled out the Chief Minister’s Atmanirbhar Asom Abhijan 2023
In a move to fuel growth through self-employment, Assam Chief Minister Himanta Biswa Sarma has launched a scheme to help youths set up their own ventures.
At a function here, Mr. Sarma rolled out the Chief Minister's Atmanirbhar Asom Abhijan 2023. He also launched a registration portal for the scheme.
Under the programme, financial aid will be given to two lakh youths for creating a robust entrepreneurial ecosystem, he added.
Speaking on the occasion on Saturday, Mr. Sarma said, "The scheme has been designed to create self-employment avenues to enable the youths to fuel development of the state. It has the potential to strengthen rural economy." He said that the unemployed degree holders in the fields of engineering, medicine, agriculture, animal husbandry and fishery will be kept in the first category and will be given ₹5 lakh.
"On the other hand, unemployed postgraduates, general graduates, ITI, polytechnic passouts will be kept in the second category for government assistance of ₹2 lakh," Mr. Sarma said.
In the first category, out of ₹5 lakh, the beneficiaries will have to return ₹2.5 lakh without any interest and the remaining amount will be government assistance, he added.