Agartala: The Startup India scheme launched by Prime Minister Narendra Modi has created job opportunities for nearly 4,000 people in Tripura. As many as 820 candidates have registered their name to avail the scheme, stated chief minister Biplab Deb on Thursday.

Deb said, “Prime Minister Narendra Modi launched the Startup India scheme as a national flagship project to encourage entrepreneurship and self-employment. During the Left regime, youths of Tripura had to sit on a dharna, stage rallies and attend political meetings to get jobs. Those days are behind us.”

As per the budget documents, the funds allocation for Startup India programme has been slashed to Rs 25 crore for 2019-20 from the revised estimate of Rs 28 crore in 2018-19. This flagship initiative of the Centre seeks to build a strong eco-system for nurturing innovation and startups in the country that will drive sustainable economic growth and generate large scale employment opportunities.

The aim of the Startup India initiative is to foster entrepreneurship and promote innovation by creating an ecosystem that is conducive to the growth of budding entrepreneurs. There are 19 components under the Startup India action plan spanning across areas such as simplification and hand-holding, funding support and incentives, and industry-academia partnership and incubation, stated the budget documents.

Meanwhile, on February 18, the Nagaland chief secretary Temjen Toy flagged off the Startup India yatra in the state. This scheme will facilitate startups to access the various resources of the Startup Eco System available in Nagaland, said Commissioner and Secretary for Industries and Commerce Department, Lithrongla G Chishi.

The Nagaland government has earmarked an amount of Rs 8.80 lakh for the best three innovative ideas competition in social, agriculture, technology sectors and the top women entrepreneur.

(With Agency inputs)