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Madhya Pradesh focuses on Start-up, Stand-Up India at IITF 2017

Madhya Pradesh focuses on Start-up, Stand-Up India at IITF 2017

New Delhi, Nov 22 (UNI) Despite restrictions on space this year at the India International Trade fair, 2017, the Madhya Pradesh government has fully showcased its Start-up India and Stand-up India projects at its pavilion here.
The Madhya Pradesh government has announced its decision to partner and fund any innovative, risk-oriented Start Up project.
“Our Chief Minister Shivraj Singh Chouhan has said that any losses of such projects will be the government’s and the profits will be yours,” Chairman of the Madhya Pradesh Laghu Udyog Nigam Maryadit, Babu Singh Raghuvanshi said on Wednesday.
He was speaking at the Madhya Pradesh Day cultural programme.
The pavilion, spread in 3000 square feet, is designed to bring out the importance of such initiatives and how they can have long-lasting impact at the macro level in the States’s economy and in promoting human resource development.
The pavilion highlighted the State’s achievements in agriculture, irrigation and road connectivity besides displaying its handcraft and famous handloom that includes Chanderi and Maheshwari sarees.

It also gave information about Banks and Finance, Identifying Market Place, Research and Development, Legal Formalities etc in setting up Start-ups showing the State as forward-looking.

M P Venture Capital Fund and Mudra Scheme details gave a picture of the Stand-up policy of the state government in providing finance for the ventures.
On the occasion, the state honoured those who led Start-up units in Open Software, Insta-car, Air-Conditioning and security technology for ONGC.
Sagar MP Laxmi Narayan Yadav was among those who witnessed the Baredi dance from Bundelkhand district and the famous Gangaur dance from the Malwa region.