Startup India Seed Fund Scheme will help youth: CII chairman

Indian Opinion DeskIndian Opinion DeskGovernance4 minutes ago0 Views

Center’s startup scheme is a boon for youngsters: CII Chairman Krishna Mohan

Confederation of Indian Industry-Visakhapatnam chairman G. Krishna Mohan said the Union government's Startup India Seed Fund Scheme will help youngsters launch startups and implement innovative ideas. He spoke while inaugurating the 'Viksit…

The Story in Brief

Confederation of Indian Industry-Visakhapatnam chairman G. Krishna Mohan said the Union government's Startup India Seed Fund Scheme will help youngsters launch startups and implement innovative ideas. He spoke while inaugurating the 'Viksit Bharat-Human Capital Conclave' at Centurion University in Vizianagaram on Friday.

The scheme will let youngsters get bank loans without collateral security, Mohan said. Apitoria Pharma plant head K. Sambireddy said university syllabuses must change to keep pace with global technology shifts. Vice Chancellor P.K. Mohanty said skill development has been CUTM's top priority since its inception.

The Indian Opinion

The hype around startup schemes often masks the ground reality of red tape and delayed disbursals. Let's see how many youngsters actually get collateral-free loans under this fund in the next six months. The real test is not the announcement but the speed of execution on the ground.


Source: thehindu.com

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