Instant loan up to Rs 50 lakh, along with interest subsidy, will be available under these schemes from February 6.

Summary

Special camps are being organized for loans for business in Bihar. (Image: @NitishKumar & Freepik) New efforts are being made continuously to promote self-employment in Bihar. Taking this forward, the state government has taken another initiative. Special camps will be organized in the state from February 6 to March 12 to provide loans under three…

Instant loan up to Rs 50 lakh, along with interest subsidy, will be available under these schemes from February 6.

Special camps are being organized for loans for business in Bihar. (Image: @NitishKumar & Freepik)
New efforts are being made continuously to promote self-employment in Bihar. Taking this forward, the state government has taken another initiative. Special camps will be organized in the state from February 6 to March 12 to provide loans under three schemes of the Central Government. In these camps, after examining the applications, loans will be passed immediately and loans will be given immediately for business. The Industries Department has taken this step to increase self-employment in the state. According to the information, 2.5 people will get the benefit of this scheme.

Prime Minister Micro Food Industry Upgradation Scheme (PMFME), Prime Minister Employment Generation Program (PMEGP) and PM Vishwakarma Yojana have been prominently included in the special camp of Bihar Government. Apart from this, loans will also be allotted under other schemes of Bihar Industries Department. Loan applications in these camps will get instant approval.

How to get instant loan in camp

Camps will be organized in all the districts of Bihar. District Officer, Industry Department Officer, Jeevika Group Officer and Senior Officer of the Bank will be present in the camp. These officers will ensure that the applications of eligible beneficiaries are approved immediately and they get loans for employment.

Prime Minister’s Employment Generation Programme: Loan of Rs 50 lakh and 35% subsidy

Launched for Micro, Small and Medium Enterprises (MSME) Prime Minister’s Employment Generation Program Under this, youth can start their own employment. If you start a unit in urban and rural areas, you can get a loan of up to Rs 50 lakh from the government. Not only this, up to 35 percent subsidy is available in it. Women, disabled and SC/ST/OBC category get additional subsidy.

PM Vishwakarma Yojana: Free toolkit..500 rupees daily and loan of 3 lakhs

being run for traditional artisans PM Vishwakarma Scheme Traditional artisans are specially trained under. Apart from this, they also get free toolkit up to Rs 15000, daily allowance of Rs 500 and later loan up to Rs 3 lakh.

PM Micro Food Industry Upgradation Scheme: Government gives subsidy of Rs 10 lakh

Under this scheme, if an applicant who is at least 8th pass wants to set up his own unit, he gets a loan from the government. Maximum amount on this loan is up to Rs 10 lakh credit linked subsidy Is available. Food processing units can be set up under this scheme.

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