Punjab on path to becoming startup hub of India, says CM Mann; distributes seed grants worth ₹1.07 crore
Punjab Chief Minister Bhagwant Singh Mann distributed ₹1.07 crore in seed grants to 31 startups to foster local entrepreneurship. The initiative aims to reduce youth migration by creating jobs and establishing Punjab as a national startup hub.
Why it matters
This reflects a growing trend of Indian state governments actively investing in local startup ecosystems to drive regional economic development and curb brain drain.
Punjab Chief Minister Bhagwant Singh Mann on Tuesday (June 9, 2026) distributed seed grants worth ₹1.07 crore to 31 startups and their founders, asserting that State’s next generation of successful entrepreneurs should also build their companies here, creating jobs and wealth within Punjab.
The article reports on a government initiative using neutral, descriptive language without overt editorializing.
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