Minister for Electronics and IT Ravi Shankar Prasad launched next-generation startup contest `Chunauti'' which aims to encourage startups and software products with special focus on Tier-II towns. What is the ourlay of the project?

Hints to Remember

Who: IT Minister
What: launches startup contest ''Chunauti''
When: published on 28th August 2020

Minister for Electronics and IT Ravi Shankar Prasad launched next-generation startup contest `Chunauti'' which aims to encourage startups and software products with special focus on Tier-II towns.

With an outlay of about Rs 95 crore over a three-year period, the programme aims to identify around 300 startups working in identified areas and provide them seed fund of up to Rs 25 lakh and other facilities, an official release said.

"Union Minister for Electronics and Information Technology Ravi Shankar Prasad today launched “Chunauti”- Next Generation Startup Challenge Contest to further boost startups and software products with special focus on Tier-II towns of India," the release said.

Under the challenge, the Ministry of Electronics and IT will invite startups in areas such as edu-tech, agri-tech and fin-tech solutions for masses; supply chain, logistics and transportation management; as well as infrastructure and remote monitoring.

Other areas include medical healthcare, diagnostic, preventive and psychological care; and jobs and skilling, linguistic tools and technologies.

Speaking at a virtual event, Prasad said, "I urge the young, talented innovators of India to come forward and avail benefits of Chunauti challenge of Government and create new software products and app".

For the complete information kindly visit given link:

https://www.outlookindia.com/newsscroll/it-minister-launches-startup-contest-chunauti/1924838