Chief Minister Conrad Sangma on Tuesday announced that the state Government will introduce a new flagship program called Chief Minister’s ELEVATE program.
The announcement was made while addressing the people after hoisting the tricolour at Polo ground Shillong.
Sangma said this new flagship program of the State Government is for Engagement, Employment and Empowerment of the youth.
“This program will be called Chief Minister’s ELEVATE program and will be a single window for all business needs of our entrepreneurs,” the CM said.
Under this program, the government will provide support to the tune of 35 to 75 percent to individual entrepreneurs, collectives, village organizations and traditional institutions to take up businesses.
“This initiative covers procurement of agriculture vehicles including mini trucks and refer vans, tourism vehicles including caravans, luxury cars, electric cars and minibuses, construction of warehouses, common facility centres, green tourism villas, building of polyhouses for horticulture, and setting up of piggery, poultry, goatery and dairy units. Projects like construction of cinema halls, health clubs, music studios, Sports and youth engagement related businesses can all be taken up under the CM- ELEVATE program,” Sangma said.
The government will provide the subsidy and complete handholding support to businesses in collaboration with the banks. We target to support about 20,000 businesses under this program in the next five years.