What is the goal, eligibility, and application process for the Bihar Udyami Yojana 2024?
The Bihar Udyami Yojana 2024 was launched by the Bihar government. Under this initiative, citizens can apply for a loan of Rs. 10 lakh if they founded their own enterprises. Beneficiaries are only obliged to repay Rs 5 lakh.
Udyami Yojana Bihar 2024
The Bihar government has launched the Bihar Udyami Yojana 2024. Under this scheme, residents will get a loan of Rs 10 lakh to start their enterprises. The maximum amount that beneficiaries must repay is Rs 5 lakh.
In 84 installments, the beneficiaries are required to return the funds. This loan will have an interest rate of 1%. Only recipients who belong to scheduled tribes and castes are eligible for this initiative.
This programme aims to inspire individuals to start their own businesses. The implementation of this plan will result in a decrease in the unemployment rate in the state. In addition, locals who belong to castes and tribes that are scheduled will gain.
Beneficiaries of the Bihar Udyami Yojana 2024 List
The beneficiaries on this list are from a variety of industries, including manufacturing, services, and agriculture. The inclusive approach of the initiative has boosted the status of women, minorities, and economically disadvantaged groups.
Through this plan, an entrepreneur can receive up to Rs 10 lakh, of which Rs 5 lakh is given out for free. The entire budget for this plan is 102 crore. The scheme selects a mere 8,000 business owners.
The Bihar Mukhyamantri Udyami Yojana is a government-launched initiative that aims to encourage citizens to become entrepreneurs. Its official website can be found at https://udyami.bihar.gov.in.
The beneficiaries of the Bihar Udyami Yojana 2024 list demonstrate the government’s commitment to promoting economic growth and providing chances for a range of entrepreneurial endeavours throughout the state.
How Can I Apply for the 2024 Bihar Udyami Yojana?
First, visit https://udyami.bihar.gov.in, the official website of the Bihar Mukhyamantri Udyami Yojana.
The homepage loads when you click the link.
You have to choose the register option.
This will bring up a new page for you.
This page requires you to enter all required information, including your name, email address, gender, and mobile number.
The next step is to choose “get OTP.” The next step is to enter the OTP into the appropriate area.
The next step is to choose Verify.
You will now receive an email with your password and user ID.
To log in, you need to use this user ID and password.
Now a form is going to show up on your screen.
This application form has to have the following data entered:
Basic information
Details about education
family information
Details of the business entity
Project specifics
financial information
It is now necessary for you to upload each required file.
The next step is to choose “Submit.”
By using this method, you can submit an application under the Bihar Mukhyamantri Udyami Yojana.
Required Records for the Bihar Mukhyamantri Udyami Yojana Application
These are a broad list of documents that are usually needed for the application, though the exact documents necessary may differ:
Aadhar card Certificate of residency
Details of the bank account, email address, mobile number, and passport size photo
Marksheet, Signature Proof, PAN Card, Paste Certificate, etc.
The Mukhyamantri Udyami Yojana of Bihar is eligible.
The contender must serve as Bihar’s long-term leader.
An active account is a must for the candidate.
The candidate should be between the ages of 18 and 50.
Only limited liability corporations, private limited companies, proprietorship firms, and partnership firms are eligible for this programme.
The applicant must have completed class 12 or have an ITI, diploma, or polytechnic.
The candidate must belong to a lower socioeconomic class, caste, or tribe, or be a woman.
