How to apply for the Bihar Laghu Udyami Yojana 2024, as well as its benefits and eligibility?
Laghu Udyami Yojana de Bihar 2024, ElUnder the “Bihar Laghu Udyami Yojana,” the Bihar government is offering financial support to underprivileged families so they can start small businesses. Families who want to take advantage of this programme can apply right now; the application portal is live.
Laghu Udyami Yojana of Bihar 2024
This initiative was started by Mr. Nitish Kumar, the Chief Minister of Bihar, to encourage self-employment and entrepreneurship among the populace.
Through the Bihar Small Entrepreneur Scheme, the state government intends to give financial assistance of Rs 2 lakh to 9.4 million underprivileged families, regardless of their classification.
The plan has been authorised by the cabinet and is currently prepared for implementation. The budget of 1250 crores has been approved by the cabinet for the scheme’s development and execution.
The Department of State Industries will oversee the plan’s implementation and execution.
To accurately implement and carry out the plan in Bihar, a committee headed by the Additional Chief Secretary and Principal Secretary of the Industry Department is constituted.
Bihar Laghu Udyami Yojana is the scheme name.
Introduced by the Government of Bihar; Targetees: State Industries Department; Financial Assistance: Rs. 2 lakhdisadvantaged households
Online application process; application deadline: February 20, 2024; application opening date: February 5, 2024
The Biahr Laghu Udyami Yojana 2024 application portal is now live. Interested parties can register by applying between February 5 and February 20, 2024.
For whom is the Bihar Laghu Udyami Yojana 2024 eligible?
In order to profit from the Bihar Laghu Udyami Yojana, applicants need to meet the following requirements:
Laghu Udyami Yojana of Bihar 2024
The candidate needs to be a state of Bihar resident and a citizen.
The candidate must have completed their 12th grade, an ITI, a polytechnic diploma, etc.
The applicant’s age range should be between 18 and 50 years old.
The applicant’s or the company’s name must be on an active bank account.
Family members of the candidate must reside in the BPL or economically disadvantaged area.
Only proprietorships, limited liability corporations, partnership firms, and private firms are eligible for the programme.
Document Requirement for the Scheme’s Application Process:
12th grade diploma of passing
Certificate of domicile
Caste certificate
Matriculation diploma
PAN card and Aadhar card
passport-size photo, bank account information, and a live cell phone
How may one apply for the 2024 Bihar Laghu Udyami Scheme?
Applying for the Bihar Small Entrepreneur Scheme is possible for Bihar residents who meet the eligibility requirements through the website that the program’s regulating bodies have created.
To become a beneficiary of the programme, register yourself by following the steps listed below:
Step 1: Visit the Bihar Laghu Udyami Scheme’s official website. The website udyami.bihar.gov.in
Step 2: Go through the webpage and click on the registration option that is located in the right-hand corner.
Step 3: Following that, a new page will load and ask for your password, mobile number, and Aadhar card number.
Step 4: To finish the registration procedure, enter the OTP that you will receive on your mobile number.
Step 5: Use your OTP to log into your account now.
Step 6: Click the Apply link on the screen and provide all the necessary information.
Step 7: Upload the necessary files, including the caste and residence certificates.
Step 8: Next, click the submit button to finish the application process.
Principal Advantages & Characteristics of the Bihar Laghu Udyami Scheme 2024
The government of Bihar’s attempt to help impoverished families and young people financially will enable them to launch new businesses and lower the state’s unemployment rate. Let’s examine a few of the scheme’s main advantages:
Financial support: Giving each beneficiary household Rs. 2 lakh in financial support is a commendable gesture towards the people of Bihar. The government will deposit the financial aid in installments into the recipient’s bank account.
Low interest: The government will offer financial aid with extremely low interest, allowing the recipient to concentrate on their business without having to worry about interest payments.
62 industries: In order to give every industry a chance to get funding for their current or prospective business, the government has included more than 62 industries in this initiative.
The programme is a fantastic way to support entrepreneurship and increase self-employment in Bihar. There are just three days remaining for the last round of applications if you qualify for the programme and apply right away.
