What you get
- Substantial Financial Support: Receive up to ₹10,00,000/- for setting up a business (50% of the total financial assistance (up to ₹5,00,000/-) is provided as a non-repayable grant. The remaining 50% (up to ₹5,00,000/-) is offered as an interest-free loan, with a nominal 1% interest under specific sub-schemes.) - Skill Development: Mandatory training sessions are provided to enhance entrepreneurial skills.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the “Mukhyamantri Anusoochit Jati / Anusoochit Janajaati Udyami Yojana”?
The "Mukhyamantri Anusoochit Jati / Anusoochit Janajaati Udyami Yojana" is a component of the "Mukhyamantri Udyami Yojana" aimed at promoting entrepreneurship and self-employment among Scheduled Caste (SC) and Scheduled Tribe (ST) individuals in Bihar.
Who launched this scheme?
The scheme was launched by the Department of Industries, Bihar, as part of the umbrella scheme "Mukhyamantri Udyami Yojana."
What financial assistance is provided under this scheme?
Financial assistance of up to [?]10,00,000/- is provided, with [?]5,00,000/- as a non-repayable grant and [?]5,00,000/- as an interest-free loan.
Is there any interest on the loan component?
The loan is interest-free; however, a nominal 1% interest may apply under specific sub-schemes.
What type of businesses are eligible under this scheme?
Eligible businesses must be registered as proprietorship or partnership firms.
Who is eligible to apply for this scheme?
The applicant must be a permanent resident of Bihar, belong to the SC/ST category, have completed at least 10+2 or an equivalent qualification, and be aged between 18 and 50 years.
What educational qualifications are required to apply?
Applicants should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or an equivalent qualification.
What is the age limit to apply for this scheme?
The applicant must be between 18 and 50 years old.
Is training provided under this scheme?
Yes, mandatory training sessions are conducted to enhance the entrepreneurial skills of the applicants.
How can applicants use the financial assistance?
The funds can be used for establishing and operating business ventures, including setting up infrastructure, purchasing equipment, and other necessary expenses.
Are both men and women eligible to apply for this scheme?
Yes, both men and women belonging to the SC/ST category in Bihar are eligible to apply.
How can applicants apply for the scheme?
Applicants can register and apply through the official portal or designated government offices.
What happens after the application is submitted?
After submission, the application is reviewed, and eligible applicants are invited for training. Once the training is completed, financial assistance is disbursed in installments.