The Indian government is boosting job creation with a new initiative focused on startups and SMEs (small and medium-sized enterprises). They're launching a program to provide loans and financial support to these businesses, aiming to create new employment opportunities across the country. This is part of a larger effort to strengthen the economy and address unemployment, particularly among young people. The goal is to make it easier for Indian businesses to grow and expand, leading to a rise in jobs and economic activity.

This move comes as India is actively seeking to improve its economic outlook and reduce unemployment rates. The initiative is intended to support innovation and entrepreneurship, empowering individuals to start their own businesses and contribute to the national workforce. By providing the necessary financial resources and support systems, the government hopes to foster a thriving ecosystem for startups and SMEs, driving job growth and economic prosperity nationwide.