Chief Minister Youth Self-Employment Scheme: More than 5000 applications in 10 days, getting loan of Rs 10 lakh without interest

Summary

Enthusiasm regarding Chief Minister Youth Self-Employment Scheme. There is tremendous enthusiasm regarding the Rajasthan Government’s Chief Minister Youth Self-Employment Scheme. Within 10 days of the start of the application, more than 5000 people have applied for this scheme. The objective of this scheme is to provide financial assistance to one lakh youth of the state…

Chief Minister Youth Self-Employment Scheme: More than 5000 applications in 10 days, getting loan of Rs 10 lakh without interest

Enthusiasm regarding Chief Minister Youth Self-Employment Scheme.
There is tremendous enthusiasm regarding the Rajasthan Government’s Chief Minister Youth Self-Employment Scheme. Within 10 days of the start of the application, more than 5000 people have applied for this scheme. The objective of this scheme is to provide financial assistance to one lakh youth of the state in setting up their own industries. Under this, interest-free loans up to Rs 10 lakh are being provided for setting up micro enterprises in manufacturing, service and trade sectors.

The entire interest will be paid by the state government. Additionally, a provision for reimbursement of margin money and CGTMSE (Micro and Small Enterprises Credit Guarantee Fund Trust) charges of Rs 50,000 has also been made. Chief Minister Bhajanlal Sharma had launched the Mukhyamantri Yuva Swarozgar Yojana Rajasthan on January 12 and guidelines were issued by the department on January 15. Industries and Commerce Commissioner Suresh Kumar Ola said that there has been a good response from the youth towards this scheme which was started with the aim of connecting the youth of the state with self-employment. So far 5,089 people have applied. Applications were started on 22 January. After examining these applications by the District General Managers, they will soon be forwarded to the banks for loan approval and distribution.

More than 200 applications in 5 districts

Maximum 385 applications have been received in Jaipur district. Also, more than 200 applications have come in Churu, Bikaner, Tonk, and Hanumangarh districts. Bundi, Sikar, Sriganganagar, Jodhpur, Dausa, Didwana Kuchaman, Baran, Jhunjhunu, Nagaur, Bhilwara, Ajmer, Jhalawar, Bharatpur, Barmer, Sawai Madhopur, Kota, Karauli, Pali and Alwar are the districts where more than 100 applications have been received.

How many applications from which district?

District Application
Jaipur 385
Churu 270
Bikaner 220
Tonk 212
Hanumangarh 209
Bundi 195
Sikar 187
sriganganagar 179
jodhpur 175
Dausa 170
Didwana Kuchaman 158
Baran 155
jhunjhunu 150
Nagaur 148
Bhilwara 144
Ajmer 143
Jhalawar 141
Bharatpur 135
Sawai Madhopur 131
Barmer 131
quota 118
Karauli 110
shift 109
Alwar 100

How to apply for Chief Minister Youth Self-Employment Scheme

To avail the benefits of this scheme, the youth of the state can apply online through their SSO ID and e-Mitra. Aadhar card, domicile certificate, photograph of the applicant, certificate of educational and technical qualification, document of ownership of more than 51 percent in case of institutional application are required.

Benefits payable under the scheme

Applicants who have passed class 8th to 12th will be provided interest free loan up to Rs 3.5 lakh for service and business sector and Rs 7.5 lakh for manufacturing sector. Besides, a maximum margin money of Rs 35 thousand will also be given. Applicants with graduate, ITI and higher educational qualifications will be provided interest free loans up to Rs 5 lakh for service and business sector and Rs 10 lakh for manufacturing sector. Besides, margin money up to Rs 50 thousand will also be given.

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