The most innovative deal has signed by the Karnataka Govt. The govt. planned to set up 100 start-ups of funding Rs. 400 crore which gives an opportunity to help the entrepreneurs to turn up their unique ideas into a successful business.  This funds had been allotted under the scheme named “Elevate 100”

This program is the first to be stated in the south region and was unveiled by Kharge the IT and BT Minister. Under this program, the entrepreneurs come to know about all the each and every detail about the start-ups.

The IT and BT Minister Mr. Kharge also said that this program will be launched with the partnership with Deshpande Foundation. The registration will be open up to until July 18 for all the candidates across the Karnataka region. And till date the govt. come up with only 46 startups and sanctioned a total of Rs. 15.68 crore in fields like technology and tourism.

ALSO READ:

What will the consequences of not linking Aadhar with PAN?

Will Government extend the date to link PAN with Aadhaar?

Rupee regained by 8 paise against USD