Thursday, May 16, 2024
HomePersonal FinanceThis is how to do your own employment, the government is giving...

This is how to do your own employment, the government is giving 10 lakhs to the unemployed

Modi government has launched several schemes to connect youth with employment. It is a golden opportunity for unemployed youth to start employment. If you also want to do your own employment then there is a good chance for you. The government is giving you a loan of up to 10 lakh and a subsidy of 10 to 20 percent. Under this scheme, unemployed youth can improve their future.




The government provides loans from various banks to the unemployed youth to start their own low interest rate business. The total cost of employment started by the beneficiaries applying in the scheme should be up to Rs 2 lakh. Yes, people who want to do their own business but their financial condition is very weak, such youth can also take full advantage of this scheme. For this, your family’s annual income should be Rs 40 thousand.

Good News: Long wait for passport ends, now passport will be available in 11 days

If you are financially weak unemployed, then the government will also give you 10 to 15 days of free training. So that you can run your business properly. This scheme has been introduced by the government to increase unemployment in the country. In this scheme, reservation is being given to scheduled castes and scheduled castes and women and backward classes. The main objective of Pradhan Mantri Rozgar Yojana is to bring educated youth towards progress. So that unemployed youth can become self-sufficient.

Let us know the special points of this scheme –

The government is giving 10 percent to 20 percent subsidy to the applicant under this scheme.

This scheme has been started for economically weaker, unemployed youth and women.

Under the scheme, the central government will provide loans up to 10 lakh to you by banks.

The annual income of the applicant’s family does not exceed Rs. 40 thousand.

For Scheduled Castes and Scheduled Tribes, this reservation is 22.5 percent and backward classes will be given 27 percent reservation.

The total cost of your business should not exceed 2 lakhs.

These documents will be required

Applicants should be in the age group of 18 to 40 years to apply in this scheme.

The applicant must have passed at least 8th grade.

Permanent residence certificate of the applicant who is three years old.

Aadhaar Card

Income Certificate

Caste Certificate

Identity Card

Details of the business you have started

Mobile Number

Passport Size Photo




Now let us tell you how you can apply in this scheme-

First of all, for applying for this scheme, you have to go to the official website. Then the application form has to be downloaded from the official website. After this, you will have to fill carefully every information asked in the application form like applicant’s name, Aadhaar card, mobile number etc. After this, you will have to put all the requested documents on the application form. Then you have to go to the bank from which you want to take a loan and submit an application. After this, your application form and documents will be verified. Then the bank itself will make the loan available to you.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments