PANAJI
After the highly successful ‘Griha Laxmi’ scheme, Goa TMC on Sunday announced its second election promise a ‘Yuva Shakti Card’ for Goan youth who will have access to a collateral-free credit facility of up to Rs 20 lakh.
The scheme was launched under the Navya Goeank Navi Yuti alliance in the presence of MGP leader and former Deputy CM of Goa, Sudin Dhavalikar, Goa’s first Catholic Chief Minister, Churchill Alemao, three time Curtorim legislator, Aleixo Reginaldo Lourenco and Goa TMC leaders like Kiran Kandolkar, Yatish Naik, Rajendra Kakodkar, Ethel Lobo, Avita Bandodkar, Samil Volvoikar, Sandeep Vazarkar, Seoula Vas, Anand Naik and AITC national spokesperson Saket Gokhale.
Addressing the media, Dhavalikar spoke of the TMC-MGP alliance paving the way for a ‘New Dawn’ in the State that would be based on good governance practices in the state.
“Under the Navya Goeank Navi Yuti alliance, our government will implement this scheme that will help all the youth in need of funds. Our government will take it upon itself to provide the required security collaterals for this credit facility and tie up with a financial institution for the same”, he explained.
Naik mentioned that the scheme is universal and hence accessible to anyone within the age range of 18-45 years. He said, “the situation of the youth in the State is very grim in the absence of any initiative by the current government. With the government as its guarantor, this scheme is a tool that will empower the youth by helping them stand on their own feet. This scheme is the right of the Goan youth and not a freebie”.
Further talking about what sets the scheme apart from any other prevalent credit scheme, Churchill Alemao said, “Unlike other schemes which tend to be very time-consuming, under this scheme, we will provide a one-window system which will help minimise tension among the youth. This is a collateral-free, universal credit assistance facility which will help get the youth to a financially secure place”.
Reginaldo further vouched for the feasibility of the scheme’s implementation and appealed to the Goan youth to proactively come forward and register for the same.
With over 1 lakh youth registered with the unemployment exchange in Goa, the state ranks 8th worst in the country in terms of its unemployment rate. At a credit rate of only 4% per annum, Goa TMC’s ‘Yuva Shakti’ Card is directed towards enabling the Goan youth mobilise funds for purposes like pursuing higher education, skill development or professional training, start-ups or investment in business expansion.
The ‘Yuva Shakti’ Card is aimed to help revive Goa’s economy by tackling one of the key problems, that of unemployment. With schemes like this, the TMC-MGP alliance is resolved to work together with the youth to usher in a ‘New Dawn’ in Goa.
