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Manipur Govt earmarks Rs 35 crore for small-scale industries

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IMPHAL, Aug 31 - Manipur Chief Minister N Biren Singh�on Thursday�said the State Government has already earmarked a sum of Rs 35 crore in the State budget for the �Start-up India� initiative to encourage the local entrepreneurs.

Under the leadership of Prime Minister Narendra Modi to encourage entrepreneurship in the country, the Central Government had set up �Start-up India� campaign, aimed at promoting small-scale industries 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, he said that despite having vast resources, Manipur is still lagging behind in terms of small-scale industries. �We need to encourage the youths for which an amount of Rs 35 crore has been earmarked,� he said.

He also urged the banks to encourage the local entrepreneurs and start-ups by extending financial support to the unemployed youths.

Bandh affects Normal life: Normal life in parts of Manipur, including Churachandpur, Tengnoupal and Nungba have been affected due to a 48-hour bandh called by various organisations�on Thursday. However, there is no report of any untoward incident.

The All Manipur Border Area Development Association (AMBADA) had called the bandh in the border areas from August 30 till�September 1 in protest against slow progress in developmental works in the bordering areas in the State.

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Manipur Govt earmarks Rs 35 crore for small-scale industries

IMPHAL, Aug 31 - Manipur Chief Minister N Biren Singh�on Thursday�said the State Government has already earmarked a sum of Rs 35 crore in the State budget for the �Start-up India� initiative to encourage the local entrepreneurs.

Under the leadership of Prime Minister Narendra Modi to encourage entrepreneurship in the country, the Central Government had set up �Start-up India� campaign, aimed at promoting small-scale industries 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, he said that despite having vast resources, Manipur is still lagging behind in terms of small-scale industries. �We need to encourage the youths for which an amount of Rs 35 crore has been earmarked,� he said.

He also urged the banks to encourage the local entrepreneurs and start-ups by extending financial support to the unemployed youths.

Bandh affects Normal life: Normal life in parts of Manipur, including Churachandpur, Tengnoupal and Nungba have been affected due to a 48-hour bandh called by various organisations�on Thursday. However, there is no report of any untoward incident.

The All Manipur Border Area Development Association (AMBADA) had called the bandh in the border areas from August 30 till�September 1 in protest against slow progress in developmental works in the bordering areas in the State.

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