Eatala promises subsidy-link loans to 1 lakh youth

Finance Minister Eatala Rajender on Thursday announced that the TRS Government was planning to provide subsidy-link loans to one lakh youth in the current financial year.

Speaking to media persons in Karimnagar, the Finance Minister said that the government would provide 50-80% subsidised loans to jobless youth. He said that the youth should not take loan to avail subsidy, but to stand on their feet. He said that the State Government wants to help the jobless youth in taking up self-employed schemes.

Eatala also informed that he was in receipt of representations seeking upgradation of Ramagundem into a district. He said he would forward the proposal to Chief Minister K. Chandrashekar Rao. (INN)