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Tk100cr proposed allocation to promote start-up enterprises

  • Published at 05:58 pm June 13th, 2019
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The initiative is aimed at exploiting the full potential of the youth demography

In the proposed national budget for 2019-20 fiscal year, the government has allocated Tk100cr for start-up capital to promote all types of startup enterprises by youths,.

Announced during the budget proposed in the parliament on Thursday, the initiative has been aimed at exploiting the full potential of the demographic dividend available for Bangladesh.

Acting under the slogan of “Power of Youth: Prosperity for Bangladesh”, the government in this new budget is taking necessary steps to transform youths, one-third of the total population in the country, into well-organized, disciplined, and productive forces.

To create jobs for the unemployed youths and generate self-employment opportunity, skill development trainings in different subjects are being provided to youths through 111 formal training centres across the country, and 498 training centres at the upazila level.

In addition, extensive employment opportunities will be created in the Economic Zones as well.