[EDITOR NOTE — DELETE BEFORE PUBLISHING] All figures and ministries match the source text.
According to the Press Information Bureau, a tripartite Memorandum of Understanding (MoU) was signed on October 22, 2026. The agreement involves the National Scheduled Tribes Finance and Development Corporation (under the Ministry of Tribal Affairs), the National Small Industries Corporation (NSIC, under the Ministry of Micro, Small and Medium Enterprises), and the Rourkela Steel Plant of the Steel Authority of India Limited (under the Ministry of Steel).
The initiative aims to enhance livelihood opportunities and promote entrepreneurship for Scheduled Tribe youth through the Livelihood Business Incubation Centre in Rourkela, Odisha. Recognized as a Centre of Excellence by the Ministry of Tribal Affairs, the facility provides training in various trades such as assistant electrician, tailoring, computer operations, baking, and mushroom cultivation. According to the release, over 600 students have benefited from the centre so far, starting their own ventures in diverse businesses.
Source
Press Information Bureau, Government of India, “अनुसूचित जनजाति के युवाओं के लिए आजीविका के अवसरों को सुदृढ़ करने हेतु त्रिपक्षीय समझौता ज्ञापन पर हस्ताक्षर”. Read the original release.
Summary of an official release for general information only. Not investment advice. Read the original source before acting on any information.
Official RBI, SEBI, Government and Defence updates as they happen.
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