Hyderabad, Jan.11 (Hydnow): IT Minister KT Rama Rao today said that two new schemes T Idea and T Pride will boost employment and offer jobs to youth in the estate. KT Rama Rao informed that the Rs 4800 crore funds will augment the rural business and economy as it will benefit 67000 people.
The Minister said that T Idea is successful with T Pride as they offer about 67000 people will get benefits through the two schemes. The Minister claimed that the T Pride is planned to empower the chosen categories in the state with reservations in the industrial sector and more subsidies.
Adequate facilities, power cost reimbursement, land cost, reservations, and subsidies to be offered under the schemes to empower rural youth to develop.
Sustainable development of rural youth is the aim of the schemes that will pump in huge funds, the minister stated. The government has framed the schemes to ensure that the eligible youth become businessmen, traders and entrepreneurs by getting all benefits. The Minister has said that the SC, ST and disabled people will get all support as per eligibility norms to get employment and become entrepreneurs.
Telangana State Program for Entrepreneurship advancement through of SC, ST and disabled persons will empower through the scheme, the minister said.
The government he said has plans to spend huge funds for both the schemes as it will offer a staggering Rs 4800 cr subsidy. The minister expressed hope that the two schemes will boost Telangana economy and employment in the state.
The businessmen, traders can set up and install the units of their choice and avail getting all support and subsidies, the minister said. Online facilities are being offered and about 35 to 40 percent people can get benefits through the schemes. (Hydnow)
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