CM Jagan launches YSR Badugu Vikasam to turn SCs, STs into entrepreneurs
Chief Minister YS Jagan Mohan Reddy on Monday launched Jagananna YSR Badugu Vikasam at his camp office. The purpose of the scheme was to turn SCs and STs into entrepreneurs. On the occasion, he released the ‘Special Industrial Policy for SC and ST entrepreneurs 2020-23’ formulated by the Department of Industries and Commerce.
The CM said a 16.2 per cent quota will be given to SCs and 6 per cent to STs in the APIIC lands. He also mentioned that incentives up to Rs 1 crore will be given to SCs and STs.