Young entrepreneurs in Rajasthan have found a mentor in finance minister Diya Kumari. Her Budget announcement to handhold startups with a Rs 100 crore fund has been positively received. Former chairman of TiE Global, Mahavir Sharma, praised the move, calling it exceptional and likely to boost the startup community significantly. The finance minister plans to simplify processes for startups to receive work orders directly from various departments, along with introducing a new fund of Rs 25 crore for this purpose. Additionally, entrepreneurs will have the opportunity to secure loans of up to Rs 10 crore under the new Atal Entrepreneurship Programme. These initiatives aim to support early-stage startups and facilitate their growth in the region.
Finance Minister Diya Kumari Launches Rs 100 Crore Fund to Boost Rajasthan Startups, India
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