Punjab Govt to rope in banks to provide soft loans for startups, says Punjab CM
Punjab Govt to rope in banks to provide soft loans for startups, Punjab CM Punjab Chief Minister Captain Amarinder Singh on Tuesday announced his government’s decision to rope in banks and other financial institutions to provide soft loans to youth for launching startups. Addressing a two-day convention and exhibition on Rural Entrepreneurship and Innovation, organised by the Industries Department in collaboration with PHD Chamber, the Chief Minister stressed the need to motivate youth to shift towards self-employment under the government’s startup programme. Captain Amarinder, while underlining the need for a mindset change among the youth, urged the PHD Chamber to become a knowledge partner with the government for programmes aimed at inculcating the spirit of entrepreneurship amongst youngsters. In his address, Health and Family Welfare Minister Brahm Mohindra said that his department would soon organise a job fest to provide jobs in various medical and para-medical fields. Secretary Technical Education, Employment Generation and Skill Development Bhavna Garg said the department had already launched a programme to impart soft skills to the youth from Patiala, which would soon be replicated in other districts. Underlining the importance of skill development, President PHDCCI Anil Khetan and Co-Chairman Innovation Committee PHDCCI V.K. Mishra also spoke about the need for more such programmes to inculcate the spirit of entrepreneurship among the youth. KPMG’s Davinder Sandhu called upon the industry to tap the enterprising skills and the quality of hard work that are inherent in Punjabi youth. Meanwhile, Chairman and Co-Chairman of Punjab Committee PHDCCI R.S. Sachdeva and Karan Gilhotra conducted the proceedings and proposed a vote of thanks. -PTC News
