Manipur chief minister N Biren Singh on Tuesday handed over subsidy grant of Rs 1.50 lakh each under Idea stage Start Up to 146 beneficiaries for the Manipur Startup round II.

This first installment was given away at chief minister’s Secretariat, Babupara in Imphal.

It may be mentioned that the StartUp Manipur which was launched in March 2018 aims to enable the youths/unemployed persons in the State to take up new ventures with new and creative ideas.

An official website (www.startupmanipur.in) was also launched so that the interested person can visit the website to get register themselves and avail the benefits under the scheme.

Under the startup scheme, different companies have so far provided direct employment to more than 1000.

Customer outreach which was earlier 70,000 has now reached 1.96 lakh.

On revenue, which was previously Rs 7.41 crore now has enhanced to Rs 24.60 crore.

The subsidy given to those beneficiaries will help in promoting the state’s economy to certain extent.

The people of Manipur should have sense of responsibility only then a peaceful society can prevail in the state, the chief minister said.

Biren Singh said Manipur Startup scheme has benefited many educated unemployed people in the State.

Benefits are being to be provided selected individuals who have the vision for establishing their own business but are not financially sound.

The selected people were provided training and only those who have successfully completed their training were given subsidy grant by the Government.

Biren Singh said it is important to inform the general public about few success stories on startup scheme.

HT industry Loktak began their activities with Rs 2.81 crore as rolling money annually.

Likewise M/S Medilane Health Care’s annual sales transaction was Rs 4.17 crore per annum.

The State hired ambulance from Medilane related to covid-19.

The function which was organized by Planning department was attended by ministers Karam Shyam, Awangbow Newmai, and L Dikho, Lok Sabha MP Dr R K Ranjan, Rajya Sabha MP Leishemba Sanajaoba, deputy Speaker K Robindro, MLAs H Dingo, L Susindro, Ngamthang Haokip, Vungzagin Valte, Ginsuanhao, O Lukhoi, S Rajen, additional chief secretary (Planning) Dr Rajesh Kumar and others.