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Congress likely to announce LS poll promises for youth today: What is on the cards

A Rs 10-crore startup fund for every Lok Sabha constituency to boost young entrepreneurs, a Rs 10,000 per month scholarship for 50 lakh budding sportspersons under the age of 21, a promise to make apprenticeship a legal right and provide monetary compensation for those hit by paper leaks. The Congress on Wednesday is set to announce its first tranche of manifesto promises for the youth.

Congress president Mallikarjun Kharge and senior leader Rahul Gandhi are likely to announce these promises at a public meeting in Dhar district of Madhya Pradesh. The Congress manifesto committee finalised the document at a meeting on Tuesday. The document, drafted by panel chairman and former Finance Minister P Chidambaram and All India Professionals’ Congress chairman Praveen Chakravarty with inputs from all members, will now be placed before the Congress Working Committee (CWC) for its approval.

While the BJP-led Union government has a Startup India Seed Fund Scheme providing financial assistance to Incubators and Startups for Proof of Concept, Prototype Development, Product Trials, Market Entry and Commercialization, the Congress believes its promise would be different given that it will be available for youth under 40 in every Lok Sabha constituency — urban or rural. The fund will be disbursed over five years.

“Now degrees will get respect, problems will be solved and everyone will get work…there will be a big announcement tomorrow,” Rahul said in a post on X. The sports scholarship, sources said, will be for budding talent across all disciplines.

While the party has yet to work out the nitty gritty of the monetary compensation that it plans to promise for those who are affected by paper leaks, the party hopes the promise will strike a

Read more on indianexpress.com