Categories: Business

Chhattisgarh extends helping hand to start-ups

The ‘Start-up Chhattisgarh’ mission has been unveiled at an event held by the Chhattisgarh government in Raipur, on September 13. The move aims to promote a healthy growth of start-ups in the state. As a part of this initiative, boot camps have been announced for all 27 districts in Chhattisgarh.  The best start-up ideas out of these camps will then be selected for incubation, and will be provided the necessary support.

Some of the incentives as a part of this scheme will be an interest subsidy, fixed capital subsidy, electric duty exemption etc. Also, the first 36 start-ups that come up in the state will be compensated for all state government taxes for the next three years.

Speaking at the event, chief minister of Chhattisgarh, Dr Raman Singh expressed his interest in creating a ‘start-up Chhattisgarh’ and urged the youth to be fearless in order to turn their ideas into reality. 

A wide range of start-up ideas, in the form of products, services were on display at the event. Some of them included healthcare, home services, e-commerce and sensor based technologies. The event also saw the launch of a website, www.startupcg.com, aimed at provide a helping hand to start-ups in the state. 

swati

Recent Posts

Israel approves US-brokered ceasefire in Gaza

The three-stage ceasefire starts with an initial six-week phase when hostages held by Hamas will…

9 hours ago

Musk hosts India Global Forum business delegation

Washington: In a first-of-its-kind event, Elon Musk hosted a delegation of leading Indian business figures…

9 hours ago

Drone attack sparks fire at Russian oil storage depot

Kaluga Governor said that a fire had broken out after an industrial site was hit…

9 hours ago

‘China ready to enhance political mutual trust with Bangladesh’

China expressed its readiness to boost political mutual trust, deepen Belt and Road cooperation with…

9 hours ago

Cong moves SC seeking intervention in 1991 Places of Worship Act

New Delhi: The Indian National Congress on Thursday moved the Supreme Court to intervene in…

9 hours ago

Court to pronounce quantum of sentences on January 20

Thiruvananthapuram: The Additional District Sessions Court in Neyyattinkara will pronounce on Monday, January 20, the…

9 hours ago