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President Ramchandra Paudel has said that concessional loans will be provided to 1,000 youths to run start-up businesses in the coming financial year. Presenting the government's policies and programs for the next fiscal year in the United House on Tuesday, he said that concessional loans will be given to start-up businesses.
He said that innovation and startup national campaign will be conducted. President Paudel has said that the national startup enterprise policy will be implemented in collaboration with the three levels of government and the private sector. Only a week ago, the cabinet meeting approved the enterprise policy.
The government has said that it will collaborate with academic institutions to develop and promote startup businesses. The government has said that business incubation centers will be established in all seven provinces in collaboration with the private sector to develop and promote startups.
