Karnataka to support aspiring entrepreneurs with monthly stipend

Karnataka is set to launch a groundbreaking initiative to support aspiring entrepreneurs who have left their jobs to pursue their business ventures. Announced by IT-BT Minister Priyank Kharge at the Moneycontrol Startup Conclave in Bengaluru, the new scheme will provide a monthly stipend of ₹25,000 for one year to those who quit their jobs to become entrepreneurs.