MoS DoNER Jitendra Singh invites Start-Ups to come and Make in Northeast

ENA State 2018-02-19 05:44:15 New Delhi, Feb 19 (KNN) Eyeing at encouraging startups, Union Minister of State (Independent Charge) of the Ministry of Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh invited young Start-Ups from all over India to come to Northeast and try their fortune through unexplored potentials of the region. Singh made the remarks during a press interaction at the Skill India exhibition at the Jawaharlal Nehru Stadium. Dr Jitendra Singh said, while all the avenues of livelihood and new ventures are gradually getting exhausted in other parts of the country and States, the immense unexplored avenues and potentials of North Eastern region are still available and beckoning the young entrepreneurs to come and try their luck. Highlighting the possible perks, Singh informed of the Venture Fund to any youngster who wishes to set up an entrepreneurship in the region. This provision will be in addition to the provisions already available in Prime Minister's Start-up India, Stand-up India programme, which includes provision of tax holiday as well as 3-month exit period, he said. He disclosed that over 65 proposals from youngsters all over India are under process to avail of the Venture Fund for setting up entrepreneurship in the Northeast. He also informed that the first lot of Venture Fund documents were handed over to the new Start-Ups by Prime Minister Shri Narendra Modi himself during his visit to Aizawl, Mizoram in December last year. Singh also spoke about the PMs visit to Shillong in May, 2017 when he had stressed the importance of entrepreneurship in the region, Dr Jitendra Singh said, the region has huge potential for young Start-Ups unlike many other parts of the country and hoped that the patronage being provided by the Central government will make up for the constraints faced by a youngster when he sets out to be on his own. (With PIB Inputs) (KNN/DA) 19115 http://knnindia.co.in/news/newsdetails/state/mos-doner-jitendra-singh-invites-start-ups-to-come-and-make-in-northeast 2018-02-19 05:44:15 knnindia.co.in MoS DoNER Jitendra Singh invites Start-Ups to come and Make in Northeast