Odisha start-ups seek relief package from CM to survive Covid-19 impact

The entities have requested the state government to act as guarantor for soft loans or facilitate collateral-free loans

As many as 81 start-ups in Odisha have sought a relief package from Chief Minister Naveen Patnaik, saying in a letter they need monthly funding to survive as India is shuttered for three weeks to prevent the spread of the coronavirus..

The companies have sought assistance ranging from Rs 15,000 to Rs 50,000 for six months, saying the funding can be driven by the dates in which they were registered. The package may be made available to those start-ups that have not availed any pecuniary incentive from the state government barring rental subsidy. For those start-ups that are already receiving