Bihar to offer ₹10 lakh interest-free seed fund under startup policy

Bihar's Minister of Industries Syed Shahnawaz Hussain has launched the Bihar Startup Policy, which aims to encourage entrepreneurship in the state. Under this policy, the state government will grant ₹10 lakh each to startups for a period of 10 years as an interest-free seed fund. An additional ₹3 lakh will be granted to the startups for product development and training.