Rs 8 billion budget to encourage youth entrepreneurship in Koshi Province: Chief Minister Karki
Summary
Koshi Province has set aside Rs 8 billion in this fiscal year’s budget to provide subsidized loans for three years to young people starting small and medium-sized businesses. Chief Minister Hikmat Kumar Karki said the programme is aimed at promoting entrepreneurship, increasing production and creating jobs in the province.
Key Points
- Koshi Province has allocated Rs 8 billion for a youth entrepreneurship programme in this fiscal year’s budget.
- The programme will offer subsidized loans for three years to young people starting small and medium-sized businesses.
- Chief Minister Hikmat Kumar Karki said the initiative is meant to boost production, create jobs and strengthen the local economy.
- He said limited resources have constrained the provincial government’s development work, though earlier priorities focused on roads and infrastructure.
