IEP Chandigarh, February – 25
The state government has taken a big initiative to support young entrepreneurs to boost startups in Haryana. The state government will create young entrepreneurs on the lines of Shark Tank show. For this, the state government has made a provision in the budget-2023-24 under the new vision. Under the scheme, the government will provide assistance to the youth to convert new business ideas into reality.
In this regard, the Deputy CM said that today promising youth of the state have visionary ideas for startups which require funding at every level. He said that the banking sector hesitates to provide funds and loans for the new ventures. Dushyant Chautala said that in view of this, the Haryana Government has made a provision of Rs. 200 crores for Venture Capital Fund through the budget.
Sh. Chautala said that out of the Rs. 200 crores Venture Capital Fund, any woman, SC applicant or any youth who does not have any source of income but has a startup idea, will be able to take advantage of this scheme. SH. Dushyant Chautala said that under the scheme, the state government will cooperate as capital in its investment up to Rs.5 crores. He said that with this the youth will be able to materialize his business idea into reality.
Deputy CM also informed that skilled and employable youth will be made available to private companies. He said that the government has focused on the skill development of the youth of the state and for this the government has established Shri Vishwakarma Skill University in Palwal. Along with this, now ITI institutes of the state will be upgraded by introducing new courses with special focus on education in harmony with the aviation sector. He added that the aviation sector holds great potential in coming times for the youth.
He said that with the commencement of courses related to aviation in ITI institutes, the aviation industry will be able to get skilled youth on time.
Sh. Dushyant Chautala said that under the new vision, the Haryana government wants to promote drones and aviation. He said that for this, a provision has been made in the budget to buy 10 single-engine trainer aircraft and one multi-engine aircraft for pilot training. He said that the government will also bear the cost of foreign language certification test for the youth of the family whose annual income is up to Rs. 6 lakhs. At the same time, 500 youth will be given drone training, which will promote the use of drones in the agriculture sector.
Sh. Chautala said that with the help of drones, insecticides can be sprayed in the fields. With this new technology, farmers will get more profit in a short time.
