Labour and Employment Minister Bandaru Dattatreya said over seven crore youth were provided bank loans under Pradhan Mantri Mudra Yojana in the last three years and called upon youth to derive benefit from government employment schemes. <br/><br/>Inaugurating a mega Job and Loan Mela, at Nizamabad town in Telangana today, the minister said job and loan melas are being conducted by the Ministry of Labour and Emloyment across the country to enhance employment opportunities to the youth. <br/><br/>Dattatreya said 16 such melas were conducted in Telangana so far. The Labour Minister further said that the government has been imparting skill-based training and employment to the unemployed across the country. <br/><br/>About 3,000 unemployed youth from across Telangana took part in the job mela. Several national banks took part in the event and sanctioned loans to the unemployed youth under Pradhan Mantri Mudra Yojana.

Union Textile Minister Smriti Irani has inaugurated a ceremony at Jamshedpur in Jharkhand for laying foundation stones of 70 new companies.<br/><br/>This initiative is under the ongoing Momentum Jharkhand initiative of state government whose theme is ease of doing business in the state. The ongoing ceremony, named as "Second Groundbreaking Ceremony" foundation stones for 70 companies were laid whose permissions have been granted after receiving the proposals few months ago.<br/><br/>Chief Minister Raghubar Das said that this will usher a new era of development in the state. Our Correspondent reports that this is part of Jharkhand government emphasis to boost manufacturing in the state.<br/><br/>Earlier soon after her arrival to Ranchi, Union Minister Smriti Irani also inaugurated a modern handloom manufacturing unit, that has been erected in short time of four months at Irba near Ranchi.