"As the government job sector is already saturated, we need to explore self-employment avenues to help the educated unemployed youths to become self-empowered. The scheme will provide the impetus in this direction," Arunachal Pradesh Chief Minister Pema Khandu said while launching the scheme here.
One of the CM's flagship programmes, DDUSY, has been updated at the http://itanagar.nic.in/scheme.html. 'The government of Arunachal Pradesh launch the Deen Dayal Swavalamban Yojana to encourage unemployed youth to gain to low cost capital for entrepreneurship.'
'Women entrepreneurs will be additionally eligible for 5% interest subsidy annually provided the entrepreneurs does not become Non-Performing Asset (NPA),' reads the notification released online.
Khandu said the scheme would be implemented in all the districts through respective deputy commissioners and the government would increase the subsidy amount in due course of time and incorporate other sectors in it.
In order to supplement the DDUSY scheme the chief minister also inaugurated the Facebook's nationwide 'Boost Your Business' programme.
(With Inputs From PTI)