Rs. 100 crore venture capital fund to be instituted: CM

Bhopal. Chief Minister Shri Shivraj Singh Chouhan has said that a Rs. 100 crore venture capital fund will be instituted. Under it, skilled youths will get assistance to set up their companies. Government will also invest in their companies. Addressing youths at ‘Bansalotsav-2016’, the Chief Minister said that those with innovative ideas need not get disappointed.

Shri Chouhan said that some people even feel difficulty in saying Bharat Mata Ki Jay these days. He said that youths are patriotic and will not allow the county to be weakened. Shri Chouhan urged youths to live upto dreams of ‘Make in India’ and ‘Digital India’. He said that youths have talents, capability and energy. He exhorted youths not to consider themselves weak and work for their state and country.

Shri Chouhan said that Madhya Pradesh is no longer a backward state. It has maintained its economic growth rate in double digit and its agriculture growth rate is highest in the country. He said that the state has become pioneer in power and irrigation sectors. Foreign investors are coming to the state. Japan industrial township is being built at Pithampur. Referring to Mukhyamantri Yuva Contractor Yojana and Mukhyamantri Yuva Udyami Yojana, he said that youths should become job-givers and not job-seekers. Government will extend every possible assistance to them. Future of youths is bright in Madhya Pradesh.

Bansal Group’s Chairman Shri Anil Bansal, Rajiv Gandhi Proudyogiki Vishwavidyalaya’s vice chancellor Shri Piyush Trivedi, Director Technical Education Shri Ashish Dongare, Shri Sunil Bansal and large number of students were present on the occasion. The Chief Minister felicitated students and youths newly appointed in various companies.
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