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No seed capital provided to startups in 2023-24, 2024-25: Govt

Published on: Feb. 11, 2026, 4:53 a.m. | Source: Daily Excelsior

Excelsior Correspondent Srinagar, Feb 10: The J&K Government today informed the Legislative Assembly that no seed capital was provided to startups in 2023–24 and 2024–25, with funding support being extended only in the current financial year. Replying to an unstarred question by MLA Shabir Ahmad Kullay, the Industries and Commerce Department said that Rs 3.60 crore was sanctioned in favour of 18 startups during 2025–26, at Rs 20 lakh per startup. However, it was informed that only Rs 90 lakh has […]

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