Zuber Ansari
India

01-Feb-2024 12:00 AM 429

The meeting of the Council of Ministers was held in the Mantralaya under the chairmanship of Chief Minister Dr. Mohan Yadav. The Cabinet has decided to amend the Madhya Pradesh Start-up Policy and Implementation Plan, 2022. According to the amendment, start-ups of the state will be provided financial assistance for participation in national and international events. On participation in domestic events, reimbursement of 75% of the expenditure incurred per event up to a maximum of Rs 50 thousand will be given and on participation in events outside the country, 75% of the expenditure incurred per event up to a maximum of Rs 1 lakh 50 thousand will be reimbursed. A start-up will be given assistance for maximum one time in one financial year and maximum two times in the entire lifetime.