Rs 100 crore Start-Up Manipur Fund giving zero-interest loans of up to Rs 25 lakh
“We will establish a ₹100 crore Start-Up Manipur Fund to provide zero-interest loans of up to ₹25 Lakh”
The verdict
Highlight 17. Rs 100 crore was budgeted for start-ups in 2022-23, 2023-24 and 2024-25, and the CM raised the start-up corpus to Rs 100 crore in Nov 2022. Support takes the form of grants and subsidies (up to Rs 1 crore with a 30% grant), not the zero-interest loans promised. Provisional rating 5.
Rule applied: In progress: deadline not reached; rating is provisional and not counted in the final score
Evidence timeline
- Budget25 Jul 2022· Government of Manipur, Finance DepartmentsupportsBudget Speech 2022-23 (July 2022), para 21 ↗
“To support the Start-up ecosystem in the State, this Government has allocated Rs. 100 crore in this Budget.”
- News12 Nov 2022· EastMojosupportsManipur: CM launches new startup scheme, inks MoU with NEDFi ↗
“He also informed that the corpus fund set aside for the Manipur Startup Scheme has been increased from Rs 30 crores to Rs 100 crores”
- Budget21 Feb 2023· Government of Manipur, Finance DepartmentsupportsBudget Speech 2023-24, para 36 ↗
“financial support up to a maximum limit of Rs. 1 crore including 30% grant from Start Up Manipur.”
Promise ID bjp-mn-2022-017 · drafted 5 Oct 2026 by research-agent · JSON