TMC-MGP alliance promises credit facility up to ₹20 lakh for youngsters ahead of Goa polls
The Hindu
Scheme will put an annual burden of ₹350 crore to ₹1,100 crore on the State exchequer, which is achievable: TMC leader
The in Goa on Sunday said youngsters will be provided with a credit facility up to ₹20 lakh without any collateral if the two parties are voted to power in the Assembly elections, due next month.
Under the 'Yuva Shakti Card' scheme, youths can avail of a credit facility up to ₹20 lakh with 4% annual interest. Those who will avail of this card will not be required to provide any collateral to the bank as the government will stand as guarantor for them, said Trinamool Congress Party (TMC) leader Yatish Naik.
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