Mukhyamantri Yuva Udyami Yojana 2021
Friends, today there is a situation of unemployment in our country that lakhs of applications applied for the vacancy of one post. Those who have completed higher education, are running around here and there to get a job, but whether it is the central government or the state government is not capable to provide any job.
Because of such a way, the Bihar government has launched a scheme named Mukhyamantri Yuva Udyami Yojana 2021 in two categories for the youth of Bihar, schemes are:-
1. Mukhyamantri Yuva Udyami Yojana, and
2. Mukhyamantri Mahila Udyami Yojana.
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I will discuss here all its purpose, benefits, features, eligibility, important documents, the application process, etc., and many other ones.
What is Mukhyamantri Yuva Udyami Yojana
As you all know that the government starts many schemes to improve the employment ratio. if you want to get all the important information related to Bihar Mukhyamantri Udyami Yojana 2021, then you are requested to read this article of ours till the end. The Government of Bihar has started this scheme for the people belonging to the S/C, S/T, OBC, MAHILA, and YUVA.
Under this scheme, the government will provide an incentive of Rs 10 lakh for setting up micro and small industries. This scheme has been started by the government to encourage the industry. I hope that through this scheme unemployment rates will come down.
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Through this scheme, Udyami will set up only new industries. These units under this scheme will be covered under the scheme of The benefit of the Bihar Industrial Investment Promotion Policy 2016.
25,000 per unit for the training purposes of beneficiaries after selection.
50% of the sanctioned amount, up to a maximum of Rs 5,00,000 (five lakhs) will be given as a grant/subsidy under the special incentive scheme.
Mukhyamantri Yuva Udyami Yojana
Bihar Mukhyamantri Udyami Yojana was started by the Government of Bihar to encourage entrepreneurs. Through this scheme, financial assistance of ₹ 10.00 lakhs is provided to the citizens of Scheduled Castes and Scheduled Tribes for the industry. Now the benefit of this scheme will also be provided to the youth and women of the state. All those people of the state whose age is between 18 years to 50 years can get the benefit of this scheme. Apart from this, the beneficiary should have a 10+2 or Intermediate, ITI, Polytechnic, Diploma or equivalent to get the benefit of this scheme.
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Through Bihar Mukhyamantri Yuva Udhyami Yojana 2021, the unemployment rate of the state will also come down. Out of the amount of 10.00 lakhs rupees received through this scheme, the youth will have to return only ₹ 5.00 lakhs and a grant of ₹ 5.00 lakhs will be provided in lieu of subsidy by the Bihar Govt. Youth will have to pay 1% interest on an amount of ₹ 5.00 lakhs. This scheme will be operated by the Industries Department of Bihar.
Bihar Mukhyamantri Mahila Udyami Yojana
Bihar Mukhyamantri Mahila Udyami Yojana has been started by the Government of Bihar to advance women in the field of industry. Through this scheme, financial assistance of ₹ 10.00 lakhs will be provided to the women of the state to set up their industry.
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Out of the amount of Rs 10.00 lakh, women will have to return only ₹ 5.00 lakhs, and the remaining of ₹ 5.00 lakhs will be provided by the Bihar government as a subsidy. Women are not required to pay any interest on this amount. Through this scheme, women will become empowered and self-reliant and will also be able to provide employment to other citizens of the state.
A budget of Rs 400 crore has been set by the government for the operation of Mukhyamantri Udyami Yojana 2021.
To take advantage of this scheme, the age of the Udyami should be between 18 to 50 years and should have passed Intermediate, ITI, Polytechnic, Diploma or equivalent examination.
The benefit of this scheme can be availed only for Proprietorship Firm, Partnership Firm, LLP, and Private Limited Company.
Aims of the this Scheme
1. To create employment opportunities
2. To the promotion of MSME
3. Overcoming the problem of unemployment.
4. To make women participants in the MSME sector.
5. Promotion of self-employment in state youth and women.
Who can Apply for this Scheme
- The applicant should be Bihar with permanent resident proof.
2. Applicant should have a current account.
3. Applicants should have a PAN card.
4. Must have their Aadhar card.
5. Applicant age should be between 18 to 50 years.
6. Applicant’s qualification should be Intermediate, 10+2, ITI, Polytechnic Diploma, or equivalent passed.
Required Documents for Apply in this scheme
1. Resident certificate.
2. 10th certificate with date of birth.
3. Intermediate or equivalent qualification certificate.
4. Signature sample.
5. pan card.
6. Aadhar Card.
7. Passport size photo.
8. Caste certificate in the father’s name.
9. Current Account as per date:-
For S/C must be after 17/05/2018.
For OBC it should be after 04/02/2020.
For Mahila should be after 13/05/2021 and Mahila who has applied earlier should be after 18/05/2018.
For youth must be after 13/05/2021.
Registration for this Scheme
It will be necessary to register yourself by visiting the official website of the Department of Industries, Government of Bihar. Get it done.