Additional incentive for startups in Assam, other Northeastern states: Government

  • Additional incentive for startups in Assam, other Northeastern states: Government
17-12-2016 | Pratidin Bureau. |

Union Minister of State for Development of North Eastern Region (DoNER) Jitendra Singh announced additional incentive for startups in Assam and other Northeastern states.
Speaking at a programme organised by the Northeast MPs' Forum in New Delhi, the Minister said the Ministry of DoNER has decided to provide an additional incentive of venture capital fund for any youngster from any part of India who wishes to set up a 'Start-Up' entrepreneurship in Northeast.
He said this would encourage avenues of employability and livelihood not only for youth from the Northeast region, but also from all over the country.
Terming "Startup India, Standup India" programme as "most unique programme" in the world, he said it offers unprecedented incentives like three years of tax holiday and three months of exit period.

Tags : incentive startups Assam Northeastern states


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