Meghalaya

    Meghalaya govt to support over 20,000 entrepreneurs under CM-Elevate": CM Sangma

    Meghalaya Chief Minister Conrad K Sangma
    February10/ 2024

    Shillong: Meghalaya Chief Minister Conrad K Sangma said that the government has embarked on a mission to promote entrepreneurship in the state, with an ambitious plan to provide opportunities to over 20,000 entrepreneurs to avail financial support under CM-Elevate. "In the next 3-4 years, the government will support close to over 20,000 entrepreneurs for different businesses in the state," the Chief Minister said."As a government, we believe that the economy of a nation or state can only be driven by entrepreneurship and the private sector." "The government's role is primarily to create the ecosystem and prove the policies, incentives and system for entrepreneurship to thrive. We have a clear-cut strategy. We have been stressing entrepreneurship as the main driver and creator of employment in the state," Conrad Sangma said. Handing over the first batch of cheques to individual entrepreneurs, collectives and village organisations who were screened through a selection process for the release of funds under CM-Elevate, the Chief Minister said, "We want to create a culture of entrepreneurship. We want our youth to take risks and capitalise on opportunities that are available within the state," adding, "As a state, we will continue to celebrate the spirit of entrepreneurship." Terming CM-Elevate as the most aggressive entrepreneurship programme in the country, he said that the government is allowing the youth to come up with any kind of proposal under the scheme."As a government, we will support the proposals with up to 75 per cent subsidy and aid them with all the logistical, administrative and intellectual support to ensure that their businesses flourish," the Chief Minister stressed. He further asserted that in the next 3-4 years, the g ...

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