States » SouthPosted at: Jun 10 2025 12:06AM


AP: Minister advises youth to start industries availing incentives

Kakinada, June 9 (UNI) Andhra Pradesh Minister for Labour Vasamsetti Subhash has called upon the youth to come forward to start industries by making use of the incentives offered by the government.
Participating as the chief guest at the special meeting `Konaseema Startup Summit’ at Ramachandrapuram town on Monday, he said the state and central governments would help the unemployed youth to start small and medium scale industries by extending bank loans and subsidies.
He claimed that the Alliance government was striving for making 1.75 lakh women as industrialists yearly by extending bank loans and other incentives. There is scope for getting bank loans from Rs. 1 lakh to Rs. 1 crore, he added.
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