Government to promote entrepreneurship among young people

In addition to easy access to loans, a land grant will be offered to aspiring industrialists.

In addition to easy access to loans, a land grant will be offered to aspiring industrialists.

The State Government will strive to promote entrepreneurship among young people, Minister of Medium and Heavy Industry Murugesh Nirani said on Friday in Belagavi.

In addition to access to easy loans, the State Government will ensure that aspiring industrialists get subsidized land. The state government will work with business and academic bodies to ensure young entrepreneurs are mentored by industry veterans. The State Government will provide guidance to students who have completed ITI, engineering, MBA and other professional courses.

I was speaking after inaugurating Udyami Aagu, Udyoga Needu [Be an Entrepreneur, Become an Employer] Trade Fair at the Technological University of Visvesvaraya. The program, aimed at raising awareness among young people about building industries and businesses, has become a significant success with more than 11,000 students participating in both face-to-face and online modes.

Among the planned plans are short-term training programs. “We will host training sessions from a week to a month in multiple sectors for students who sign up for the entrepreneurship program,” he said.

He said that special measures are being taken to promote entrepreneurship among poor and disadvantaged communities.

The plan to provide subsidized land to Scheduled Caste and Tribe entrepreneurs will be extended to the economically weaker sectors. Those from economically weaker groups will get benefits such as a 75% subsidy on land up to two acres.

The Minister interacted with the students and encouraged them to start their own businesses, become self-sufficient and create numerous opportunities for themselves and others.

He referred to entrepreneurs Arvind Mellageri of Aequs and Vidya Murukumbi of Shree Renuka Sugars, who initially worked hard to establish their industries and have now become renowned business leaders.

The program was organized by the Department of Industries and Commerce, State Government, at the Dr. APJ Abdul Kalam Auditorium at VTU. Students from 125 universities in Belagavi and its income region districts: Dharwad, Uttara Kannada, Vijayapura, Bagalkot, Haveri, Jamkhandi and Gadag, participated in the program via video conference.

The one-day program aimed to provide a platform for technical students, youth to interact directly with successful entrepreneurs and industry experts to gain knowledge and learn about the various schemes and programs of the State Government. The event also featured motivational sessions for students. A previous edition of the event was held in Kalaburagi.

Member of Parliament Eranna Kadadi, Member of the Legislative Assembly Abhay Patil, RSS Leader Raghavendra Kagawad, Chairman of Karnataka Minorities Development Corporation Muktar Hussain Pathan, Additional Chief Secretary for Government, Trade and Industries, Department of Electronics Information Technology Biotechnology, Science and Technology EV Ramana Reddy, Industrial Development Commissioner and Director of Industries and Commerce of Karnataka Gunjan Krishna, KIADB Executive Director N. Shivshankar, Deputy Commissioner MG Hiremath, Mr. Melligeri and Ms. Murukumbi, Vice-Chancellor of VTU Karisiddappa and others were present.

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