The state government of Chhattisgarh is inviting applications under the Mukhyamantri Yuva swarozgar Yojana(MMYSY). Under this scheme, the state government provides financial assistance to such youth who want to set up their own businesses. Therefore, such aspiring youth who are seeking for jobs but cannot find one and thus, want to do their own business, can get a loan up to a maximum of Rs 25 lakh by applying to the department as per rules. Applicants can get information by contacting the District Industries and Trade Center of their district.
What are the Benefits of Mukhymantri Yuva Swarojgar Yojana(MMYSY), Chhattisgarh?
- The main benefit of this MMYSY scheme is to provide youth with their own livelihood and provide employment to the people through MSMEs.
- The Chhattisgarh state government provides loans up to Rs 10 lakh for any service business
- Rs 2 lakh for small business
- and up to Rs 25 lakh for setting up manufacturing industries.
- The beneficiaries of this scheme are also given a loan waiver of 10 to 25 percent.
What are the Eligibility Criteria for Mukhymantri Yuva Swarojgar Yojana(MMYSY), Chhattisgarh?
- Candidates should have at least passed 8th from a recognized institution.
- The prescribed age of the applicant should be 18 years to 35 years to avail this scheme.
- SC, ST, OBC, Women, Disabled, Entrepreneur and Naxalite affected family members and retired soldiers will get 5 years relaxation in age criteria.
- The annual income of the applicant’s family should not exceed Rs 3 lakh.
- Applicant should be a permanent resident of Chhattisgarh.
- The applicant should not be a loan defaulter of any national bank, financial institution and co-operative bank.
What are the Documents Needed for Mukhymantri Yuva Swarojgar Yojana(MMYSY), Chhattisgarh?
- Aadhar Card
- Caste Certificate
- Business plan/Project report
- Photograph of the applicant
- Income certificate
- Bank passbook
- Residence Certificate
- Ration Card
- Self-Declaration Form
- Mobile no.
How to apply for Mukhymantri Yuva Swarojgar Yojana(MMYSY), Chhattisgarh?
Visit the following website to know more about the scheme