The ‘Mukhyamantri Udyami Yojna Bihar’ brought to the youth by the Bihar government is proving to be a successful step. This scheme has removed the tag of unemployed from the heads of many youths of Bihar. Under this scheme, youth from small and cottage industries join and get employment. The loan of Rs 10 lakh being given under this scheme attracts youth.
Under this scheme, the government give loan to unemployed youth up to Rs.10 lakh to start employment. The loan amount to be given under this scheme, 50 per cent, will be waived off by the government; the remaining 50 per cent will have to be paid to the beneficiaries in 84 instalments.
Mukhyamantri Udyami Yojna Bihar
The beneficiary list for the candidates who have applied for the scheme will be released soon. For your kind information, many candidates have applied for this scheme. The selection of beneficiaries by the Department of Industries has been said to be done randomly. As you all know, the government has launched a number of schemes to improve the employment ratio.
Today, we will provide you with information related to one such scheme, which is called Bihar Chief Minister’s Udyami Yojana. By reading this article, you will get all the essential information about this scheme. Such as what is the Bihar Mukhyamantri Udyami Yojana? its purpose, benefits, features, eligibility, important documents, application process etc.
|Name of the Scheme||Bihar Mukhymantri Udyami Yojana|
|Launched BY||Bihar Government|
|Beneficiary||SC/ST from Bihar|
|Purpose||To establish new businesses|
|Incentive amount||10 Lakh Rs|
When will the Mukhyamantri Udyami Yojna Bihar Beneficiary list come out?
Since many candidates have applied for this scheme, the selection process is based on a technical system.
A total of 800 beneficiaries are to be selected under this scheme. 200 beneficiaries will be selected in Mukhyamantri EBC Udyami Yojana, 200 in Mukhyamantri SC, ST Udyami Yojana, 200 in Mukhyamantri Mahila Udyami Yojana and 200 under Mukhyamantri Yuva Udyami Yojana. So far, 64,000 applications have been received for the scheme.
Because of this situation, the selection of beneficiaries will be done randomly. The selection of beneficiaries will be done through technical means. The scheme list will be released soon after the selection of the beneficiaries.
Counselling under Bihar Chief Minister’s Entrepreneur Scheme
The selected applications under the Bihar Mukhyamantri Udyami Yojana are being counselled. The counselling is being done at Resham Bhawan. The counselling of all the selected applications under the scheme will likely end by December 31, 2021. The number of candidates chosen in Bhagalpur is 76, out of which 45 have been counselled so far.
Apart from this, the counselling of 70 out of 116 people under the Mukhyamantri Most Backward Classes Udyami Yojana, 67 out of 114 candidates in the Mukhyamantri Mahila Udyami Yojana and 85 out of 120 candidates in the Mukhyamantri Yuva Udyami Yojana have been completed. All papers are also being examined in the counselling. Citizens are being called for counselling in small numbers in view of the threat of coronavirus infection.
Sixty-five thousand applications were received under Bihar Mukhyamantri Udyami Yojana. The waiting list of applications under The Bihar Mukhyamantri Udyami Yojana will be ready in the next two months.
There will be about 65,000 applicants on this list. Under the Mukhyamantri SC-ST Udyami Yojana, Mukhyamantri Most Backward Classes Udyami Yojana, Mukhyamantri Yuva Udyami Yojana and Mukhyamantri Mahila Udyami Yojana, beneficiaries will be selected in the number of 200 each. It means that the remaining applicants will be placed on the waiting list. This information has been provided by the officials of the Department of Industry.
Applications terminated under the scheme.
Some sources suggested that the beneficiaries for the coming financial year be selected from all the citizens who are on the waiting list. But no decision has yet been taken by the Department of Industry in this regard. All the beneficiaries who will be selected under the scheme will also be provided training at their own level by the Department of Industry so that their industry will grow.
Applications terminated under the scheme.
As you all know, the last date to apply under the Bihar Mukhyamantri Udyami Yojana was 17th September 2021. September 17, 2021, The application process has ended at 12:00 pm. The application process started on June 17, 2021. As of September 17, 2021, 57,000 applications have been received till 7:00 pm. The Department of Industry has provided this information. The department will initiate the process of scrutiny of the application soon.
After the scrutiny is complete, the selection process will start. 10 lakh will be provided to the beneficiaries through this scheme. Rs.5 lakh will be provided as a grant, and Rs.5 lakh will be provided as a loan at lower interest.
Budget allocation of Rs.200-200 crore
Mukhyamantri Udyami Yojna will start operating. Under the Women Entrepreneurs Scheme, 11625 applications have been received, and twelve thousand nine hundred seventy-one applications have been received under The Chief Minister’s Youth Entrepreneur Scheme.
The government is running a separate scheme to promote the industry of sc st category citizens under which 16327 applications have been received. The government has allocated 200-200 crore for all four schemes under the Mukhyamantri Udyami Yojana.
It means that if projects of 10-10 lakh are sanctioned, a maximum of two thousand citizens will benefit from the scheme. A total of 8-10 thousand citizens will be able to get the benefit of this scheme.
Bihar Mukhyamantri Yuva Udyami Yojana
Bihar Mukhyamantri Udyami Yojana was launched by the Government of Bihar to encourage entrepreneurs. Through this scheme, financial assistance of ₹ 10000000 is provided to the industry to sc and st citizens. Now the benefit of this scheme will also be extended to the state’s youth. All those people of the state whose age is between 18 years and 50 years can benefit from this scheme. In addition, to avail of the benefit of this scheme, the beneficiary should have a 10+2 or Intermediate, ITI, Polytechnic Diploma or equivalent.
The state’s unemployment rate will also decrease through the Bihar Mukhyamantri Yuva Udhyami Yojana. Out of the Rs 10 lakh received through this scheme, the youth will have to refund only Rs 500000, and a grant of Rs 5000000 will be provided by the government. In the amount of ₹500000, the youth will have to pay 1% interest. The Industries Department of Bihar will run the scheme.
The state’s unemployment rate will also decrease through the Bihar Mukhyamantri Yuva Udhyami Yojana. Out of the Rs 10 lakh received through this scheme, the youth will have to refund only Rs 500000, and the government will provide Rs 5000000. In the amount of ₹500000, the youth will have to pay 1% interest. The Industries Department of Bihar will run the scheme.
Bihar Mukhyamantri Mahila Udyami Yojana
The Government of Bihar has launched Bihar Mukhyamantri Mahila Udyami Yojana to take women forward in the industry. Through this scheme, financial assistance of ₹10000000 will be provided to the state’s women to set up their industries.
Out of Rs 10 lakh, women will have to refund only ₹500000; the remaining Rs 500000 will be provided with a grant by the Government of Bihar.
Women are not required to pay any interest on this amount.
The government has earmarked a budget of Rs.400 crore for the Mukhyamantri Mahila Udyami Yojana operation. Through this scheme, women will become empowered and self-reliant and will also employ other citizens of the state.
Apart from this, the state’s unemployment rate will also come down through this scheme.
To avail, the benefit of this scheme, the woman’s age should be between 18 and 50 years, and the woman must have passed intermediate, ITI, polytechnic diploma or equivalent examination.
The benefit of this scheme can be availed only for proprietorship firms, partnership firms, LLP and private limited companies.
The objective of the Bihar Chief Minister’s Entrepreneur Scheme
The main objective of the Mukhyamantri Udyami Yojana is to promote micro and small scale industries in the state. Through this scheme, financial assistance will be provided to sc and st citizens to start their own business. The unemployment rate will also come down through this scheme. At the same time, the youth belonging to scheduled castes and scheduled tribes will get a better livelihood.
Online portal to being launched on June 1, 2021
State Industries Minister Shahnawaz Hussain has provided this information that preparations have been completed to implement Bihar Mukhyamantri Udyami Yojana. The selection process of all beneficiaries will be done transparently.
At the same time, care will also be taken to make the assistance amount available to all the beneficiaries at the earliest, and the selection process is also completed in time. The online portal under the scheme will also be launched on June 1, 2021. through which the application can be made. Under the Bihar Mukhyamantri Udyami Yojana 2021, 2000 entrepreneurs, i.e. 8000 entrepreneurs, will be provided financial assistance and other assistance per plan. District-wise targets will be fixed according to the population under the scheme to achieve the benefits.
The responsibility has been given to the General Manager of the Industry Centre to assist the people.
In this post we have discussed about the Mukhyamantri Udyami Yojna Bihar and the estimated date of its starting. Also we have talked about its benefit and amount of loan. Hope you like this post.