Loans worth Rs 2,654 cr given to over 5.26 lakh people to make them self-reliant: MP CM

Loans worth Rs 2,654 cr given to over 5.26 lakh people to make them self-reliant: MP CM

AgenciesUpdated: Thursday, January 13, 2022, 02:15 PM IST
article-image
Chief Minister Shivraj Singh Chouhan while addressing a function on the occasion of Swami Vivekanand Jayanti, said that the govt is also trying to provide such education that ensures youth get employment./ Representative image |

The Madhya Pradesh government has disbursed loans collectively worth Rs 2,654 crore to over 5.26 lakh youth in the state in about two months under different schemes with an aim to make them self-reliant, Chief Minister Shivraj Singh Chouhan has said.

The government is also trying to provide such education that ensures youth get employment, Chouhan said on Wednesday while addressing a function on the occasion of Swami Vivekanand Jayanti, which is celebrated as the National Youth Day.

''In about two months (from November 16, 2021 to January 12, 2022), 5,26,510 beneficiaries were given loans amounting to Rs 2,654 crore under different government schemes to make them self-reliant," the chief minister said.

The loans were provided to beneficiaries under the Pradhan Mantri Mudra Yojna, PM Svanidhi Yojna and various other schemes, according to a government official.

Chouhan said in the New Education Policy, there is a vision for the development of a prosperous India, especially the provision of imparting vocational education from Class 6 onwards.

"The youth should have skills to generate employment, this is essential. In Madhya Pradesh, young people are not asking for jobs, but providing the same to job-seekers and scripting history in the state," the CM said.

He also said that Madhya Pradesh attracted investments even during the COVID-19 crisis and industries were being set up cluster-wise in the state by providing land at low cost and other facilities to investors.

(With inputs from PTI)

RECENT STORIES

Punjab National Bank Reports 14% Rise In Net Profit At ₹4,904 Crore For September Quarter FY26

Punjab National Bank Reports 14% Rise In Net Profit At ₹4,904 Crore For September Quarter FY26

ICICI Bank Announces 3.2% To ₹13,357 Crore Profit For September Quarter

ICICI Bank Announces 3.2% To ₹13,357 Crore Profit For September Quarter

Realty Firm Signature Global Raises ₹875 Crore To Repay Existing Debt & Expand Business

Realty Firm Signature Global Raises ₹875 Crore To Repay Existing Debt & Expand Business

Inflation Burden Decreases, Rural Laborers Sigh In Relief: Ministry Of Labor & Employment

Inflation Burden Decreases, Rural Laborers Sigh In Relief: Ministry Of Labor & Employment

Positive Consumption Boost Of ₹20 Lakh Crore Likely: Center

Positive Consumption Boost Of ₹20 Lakh Crore Likely: Center