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IT Minister Ravi Shankar Prasad launches a contest named  "Chunauti" in Bihar, Contest related to which field?

IT Minister Ravi Shankar Prasad launches a contest named  "Chunauti" in Bihar, Contest related to which field? Correct Answer Startup

The correct answer is Startup.

  • Union Minister Ravi Shankar Prasad, Ministry of Electronics and Information Technology (MeitY) launched the next-generation startup Challenge contest “Chunauti” to encourage startups and software products with a special focus on Tier-II towns on August 28, 2020, .
  • This contest is a part of the Rs 95 crore program, spanning over 3 years, will hunt for around 300 startups working in identified areas, and provide the seed funds of up to Rs 25 lakh and other support from the government through the Software Technology Parks of India (STPI).
  • The minister also laid the foundation stone of the digital training and skilling center of the National Institute of Electronics and Information Technology (NIELIT) at Muzaffarpur in Bihar which will be developed by the Ministry at a cost of Rs 9.17 crore.

Key Points

  • The support to the selected startup will be in the form of incubation facilities, mentorship, security testing facilities, access to venture capitalist funding, industry connect as well as advisories in legal, Human Resource (HR), and patent matters. Startups will also be provided cloud credits from leading cloud service providers.
  • Startups who are in the ideation stage can be selected under the pre-incubation program will be mentored for up to 6months and each intern would be paid Rs 10,000 per month for this period. 

Additional Information

  • The government of Bihar has allocated one acre of land for this institution which will be equipped with the state of the art training facility with a digital laboratory. 

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