Youth asked to become self-employed

Special Correspondent

Shimoga: The six-week Entrepreneurship Skill Development Programme on Food Processing organised by the Ministry of Micro, Small and Medium Entreprises (MSME) and MSME Development Institute, Bangalore in association with the Namma Kanasina Shimoga-2010 Association began here on Monday. Inaugurating the programme, Deputy General Manager of Vijaya Bank Uday Kumar said that there were many facilities from the Government for youth to take up self-employment.

He said that banks were providing loan facilities to entrepreneurs who were willing to become self employed.

Mr. Uday Kumar said people interested in starting their own businesses can get loan of Rs. 1 lakh from banks under the guidance of the MSME. The loans would be given to the landless aspirants also, he said.

The small and medium sector enterprises were only to agriculture to which loans were sanctioned on a priority basis. Presiding over the inaugural programme, Deputy Director of MSME Rangaprasad said that loan up to Rs. 25 lakh would be sanctioned for entrepreneurs from the MSME Department.

Entrepreneur and Director of Namma Kanasina Shimoga - 2010 Association Lakshmidevi Gopinath delivered the keynote address. Ram Murthy of MSMEand president of Namma Kanasina Shimoga 2010 Association Gopinath spoke on the occasion.

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