Lok Sabha Question No. 165 (UNSTARRED), answered on 2021-11-29
Subject: Funding under North-East Venture Fund
Ministry: DEVELOPMENT OF NORTH EASTERN REGION
Asked by: Gaurav Gogoi

## Government of India

## Ministry of Development of North Eastern Region

## LOK SABHA UNSTARRED QUESTION No. 165

To be answered on

Monday, November 29, 2021/Agrahayana 8, 1943 (Saka)

## QUESTION

## Funding under North-East Venture Fund

165.  SHRI GAURAV GOGOI:
2. Will  the  Minister  of  DEVELOPMENT  OF  NORTH  EASTERN  REGION  be pleased to state: (a) the  number  of  start-ups  and  other  unique  business  opportunities  that  have received  funding  under  the  North  East  Venture  Fund  since  2017,  State-wise  and year-wise; (b) the  sector-wise  details  of  such  start-ups  and  unique  business  opportunities, especially food processing, healthcare, tourism, segregation of services, IT, etc; (c) the  number  of  jobs  generated  through  such  start-ups  and  unique  business opportunities, including details of skilled and unskilled labour and female participation, State-wise and year-wise; and the total amount invested under the North East Venture Fund from 2017 to till

## ANSWER

## The Minister of the Ministry of Development of North Eastern Region [Shri G.Kishan Reddy]

- (a) The  distribution  of  start-ups  who  have  received  funding  under  North  East Venture Fund (NEVF)  state-wise and year wise is given in Annexure A .
- (b) Sector wise details of the start-ups who have received funding from NEVF is given in Annexure B .
- (c) As on date details of job generated under  start-ups funded by NEVF is given in Annexure C.
- (d) The  fund  is  in  operation  since  April,  2017  and  has  made  in-principle commitment for investment of Rs. 73.76 Crore in 35 start-ups. Out of these 35 startups a  total  of  21  start-ups  have  already  availed  funding  of  Rs.  35.62  Crore  from NEVF.
- (d) date?

## Annexure A

## Number of start-ups invested, year wise and state wise

| Year      | State             |   No. of start ups invested |
|-----------|-------------------|-----------------------------|
| 2017-2018 | Assam             |                           1 |
| 2017-2018 | Sub-Total         |                           1 |
| 2018-2019 | Assam             |                           6 |
| 2018-2019 | Sub-Total         |                           6 |
| 2019-2020 | Arunachal Pradesh |                           1 |
| 2019-2020 | Assam             |                           4 |
| 2019-2020 | Manipur           |                           1 |
| 2019-2020 | Sub-Total         |                           6 |
| 2020-2021 | Assam             |                           2 |
| 2020-2021 | Manipur           |                           1 |
| 2020-2021 | Tripura           |                           1 |
| 2020-2021 | Sub-Total         |                           4 |
| 2021-2022 | Assam             |                           3 |
| 2021-2022 | Manipur           |                           1 |
| 2021-2022 | Sub-Total         |                           4 |
| 2021-2022 | Grand Total       |                          21 |

## Annexure B

| Sl No   | Sector                                              |   Number of Start-ups receiving funding |
|---------|-----------------------------------------------------|-----------------------------------------|
| 1       | Information Technology Enabled Services SerServices |                                       1 |
| 2       | BioTech/ Healthcare                                 |                                       2 |
| 3       | Media                                               |                                       1 |
| 4       | Industrial Product                                  |                                       2 |
| 5       | Fast Moving Consumer Goods (FMCG)                   |                                       1 |
| 6       | Food Processing                                     |                                       2 |
| 7       | Agriculture                                         |                                       2 |
| 8       | Hospitality/ Tourism                                |                                       1 |
| 9       | Services                                            |                                       8 |
| 10      | Logistics                                           |                                       1 |
|         | Total                                               |                                      21 |

Jobs created year wise and state wise:

| Year        | State             | Male        | Female      |   Total | Skilled   | Unskilled   |
|-------------|-------------------|-------------|-------------|---------|-----------|-------------|
| 2017-2018   | Assam             | 135         | 120         |     255 | 109       | 146         |
| 2017-2018   | Sub-Total         | 135         | 120         |     255 | 109       | 146         |
| 2018-2019   | Assam             | 1307        | 374         |    1681 | 92        | 1589        |
| 2018-2019   | Sub-Total         | 1307        | 374         |    1681 | 92        | 1589        |
| 2019-2020   | Arunachal Pradesh | 15          | 7           |      22 | 6         | 16          |
| 2019-2020   | Assam             | 84          | 29          |     113 | 63        | 50          |
| 2019-2020   | Manipur           | 24          | 8           |      32 | 31        | 1           |
| 2019-2020   | Sub-Total         | 123         | 44          |     167 | 100       | 67          |
| 2020-2021   | Arunachal Pradesh | 62          | 7           |      69 | 6         | 63          |
| 2020-2021   | Assam             | 827         | 93          |     920 | 87        | 832         |
| 2020-2021   | Manipur           | 232         | 43          |     275 | 35        | 240         |
| 2020-2021   | Mizoram           | 125         | 13          |     138 | 11        | 127         |
| 2020-2021   | Sikkim            | 62          | 7           |      69 | 6         | 63          |
| 2020-2021   | Tripura           | 10          | 4           |      14 | 4         | 10          |
| 2020-2021   | Sub-Total         | 1318        | 167         |    1485 | 149       | 1335        |
| 2021-2022   | Assam             | 237         | 53          |     290 | 77        | 213         |
| 2021-2022   | Manipur           | 12          | 5           |      17 | 7         | 10          |
| 2021-2022   | Sub-Total         | 249         | 58          |     307 | 84        | 223         |
| 2021-2022   | Total             | 3132        | 763         |    3875 | 534       | 3360        |
| Grand Total | Grand Total       | Grand Total | Grand Total |    3875 |           |             |

Annexure C