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HP Govt To Give Guarantee On Loan Under Rajiv Gandhi Self-Employment Startup Scheme: CM Sukhu

The Chief Minister Sukhu assured the banks that the government will give guarantee on the loan for purchase of e-taxis under the first phase of the scheme, a statement issued here said.

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Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu
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Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Wednesday urged banks to provide loans at concessional interest rates to the beneficiaries of the government's Rajiv Gandhi Self-Employment Startup Scheme.

The chief minister assured the banks that the government will give guarantee on the loan for purchase of e-taxis under the first phase of the scheme, a statement issued here said.

Presiding over a meeting with representatives from public sector, co-operative and private banks here, he said the state government has initiated the first phase of the Rs 680-crore Rajiv Gandhi Self-Employment Startup Scheme and asked the banks to provide loans to the youth at concessional rates.

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Under the first phase, 50 per cent subsidy is being provided on the purchase of e-taxi with an aim to get these vehicles attached with government offices to provide self-employment to people.

The chief minister also asked all the banks to send the interest rates to the state government within stipulated time. The state government will issue 500 e-taxi permits in the first phase and its number will be increased on the basis of demand, Sukhu added.

-With PTI Input

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