PATNA, Jan. 17 -- Industries minister Dilip Jaiswal on Friday said that the department has proposed raising seed fund for startups to Rs.25 lakh in place of the existing amount of Rs.10 lakh to augment the industries eco system in the state.

Jaiswal said this at the national startup day event -- Avinya Bihar 2.0 - organised jointly by the Chandragupta Institute of Management Patna (CIMP) and IIT, Patna. The event brought together policymakers, academics and young innovators to underline the state's growing ambitions in India's startup landscape.

Inaugurating the event, the industries minister struck an optimistic note saying that Bihar is stepping into a new phase of innovation and enterprise, and assured the audience that the state gov...