Udyami Yojana 2024: Objective, Benefits, Features, Online Application, Application Status and All Information

Udyami Yojana: As everybody is conscious, the authorities launched several projects to elevate the employment ratio. we will be supplying you with info on one such scheme nowadays. Bihar Leader Minister Entrepreneur Scheme is the name of the programme. you may study all of the pertinent information about this programme by studying this submission. For instance, what’s the Bihar Mukhyamantri dynamic yojana, what are its goals, advantages, characteristics, eligibility necessities, important office work, and the way to practice? so, friends, please read our publication to realise if you need to study the whole thing there may be to know about the Bihar Mukhyamantri dynamic Yojana 2024.

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Bihar Mukhyamantri Udyami Yojana 2024

This programme was launched by the Bihar government for members of the Scheduled Caste and Scheduled Tribe groups. The government would offer an incentive of Rs 10 lakh for the establishment of an industry under this initiative. This programme was launched by the government to support business. The Bihar Mukhyamantri Udyami Yojana 2024 is expected to lower unemployment rates and provide financial support to residents who belong to Scheduled Caste and Scheduled Tribe categories. in order for him to launch his own business. The Mukhyamantri Udyami Yojana has a budget of Rs 102 crore, according to the Bihar government.

The first installment under the Chief Minister Entrepreneur Scheme in Bihar will be distributed to the recipients on Thursday, November 16, 2023. As part of this initiative, the first installment of Rs 4 lakh each will be deposited into the beneficiaries’ bank accounts. Those who qualify will receive the first installment amount on Thursday under Chief Minister Udyami Yojana 2023–2024. whose instruction is comprehensive. On Thursday at the Bapu Auditorium in Patna, the state capital, the Industries Department of Bihar is hosting a one-day orientation program. Nitish Kumar, the chief minister, will be the program’s chief guest. beneficiaries who entered their current account information into the portal after completing Phase 1 training. They are going to receive the first installment. Added

Information about Bihar Chief Minister Entrepreneur Yojana

Name Of Scheme	Bihar Chief Minister Entrepreneur Scheme
who launched	Bihar Government
beneficiary	Scheduled Caste and Scheduled Tribe citizens of Bihar
Objective	encourage setting up of industries
Incentives	10 lakh rupees
official website	https://udyami.bihar.gov.in/
Year	2024
date of application	15 to 30 September

The objective of Bihar Chief Minister Entrepreneur Yojana

Encouraging micro and small companies in the region is the main objective of the state government’s Bihar Chief Minister Udyami Yojana. Financial support to citizens of Scheduled Castes and Scheduled Tribes will be given through this initiative to enable them to launch their own businesses. This plan will also cut the unemployment rate. The youth of Scheduled Castes and Scheduled Tribes will benefit from improved means of subsistence as a result.

Benefits and Features of Bihar Chief Minister Udyami Yojana 2024

• The government would offer an incentive of Rs 10 lakh for the formation of companies under the Bihar Chief Minister Udyami Yojana.
• The benefits of this system are only available to citizens of Scheduled Tribes and Scheduled Castes.
• Through the Bihar Chief Minister Entrepreneur Scheme, the Bihar government is attempting to support the sector.
• This plan will help to reduce the unemployment rate.
• The citizens of Scheduled Tribes and Scheduled Castes will also benefit economically from this initiative.
• The Bihar Mukhyamantri Udyami Yojana 2024 has a budget of Rs 102 crore, according to the Bihar government.
• Under this arrangement, a gift of Rs 5 lakh and an interest-free loan of Rs 5 lakh will be funded by the incentive sum of Rs 10 lakh.
• This program will boost industry and lower the unemployment rate as well.
• Citizens of Scheduled Castes and Scheduled Tribe would have better living conditions thanks to this program.
• For 84 installments, the beneficiary is required to deposit the loan amount.
• Under the Mukhyamantri Udyami Yojana, loans would be issued without interest.
• In addition, ₹25,000 will be given for project monitoring and government training.
• To be eligible for the loan, the beneficiary must provide a self-declaration to any nationalised bank.

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Key points of Bihar Chief Minister Entrepreneur Yojana

• Only new business owners will benefit from the Bihar Mukhyamantri Udyami Yojana: Only new business owners who establish new industries will receive advantages. All recipients will also receive the benefits of the Bihar Industrial Investment Promotion Policy.
• Following the selection of the initiative’s recipients, each unit will get ₹25,000 in training funding.
• Grant amount: Half of the money allotted for the Bihar Mukyamantri Udyami Yojana, or up to ₹ 500000, would be granted as grants.
• Loan repayment schedule: This plan requires a deposit of 50% of the project cost, up to a ₹ 500000 interest-free loan. The beneficiary is required to deposit this money in 84 equal installments over the period of seven years.

Eligibility to apply

Women and young entrepreneurs can apply for the Mukyamantri Udyami Yojana under the categories of Scheduled Caste, Scheduled Tribe, and Extremely Backward Class. All of these kinds of entrepreneurs fall under the following eligibility.

• The candidate must reside in Bihar permanently.
• To benefit from this arrangement, you need to have a current account.
• The business owner may operate a proprietorship firm on his personal PAN.
• The candidate must be between the ages of 18 and 50.
• This plan is only available to proprietorships, partnerships, limited liability companies, and limited partnerships.
• The applicant must have completed 10+2, Intermediate, ITI, Polytechnic, Diploma, or an equivalent programme of study.
• The candidate must fall into one of the following categories: women, youth, most backward class, scheduled caste, or scheduled tribe.

Important Documents

The following is some essential documentation for applicants who belong to the Most Backward Class, Scheduled Tribe, Scheduled Caste, Women, and Youth Entrepreneurship.

• Address proof
• matriculation certificate
• Intermediate or equivalent qualification certificate
• sample signature
• PAN card
• Aadhar card
• passport size photo
• Caste certificate (in father’s name)
• Current account with the date of issue proof

Process of online application under Bihar Chief Minister Entrepreneur Yojana 2024

• You must first visit the Industries Department of the Government of Bihar’s official website.
• The homepage will appear in front of you after you access the website.
• It is necessary for you to select the registration option on this main page.

• The registration shape will seem in front of you when you click on.
• This form must be filled out with all necessary records, along with
• Name
• email id
• gender
• mobile number
• aadhaar number
• Application Type
• The registration shape will appear in front of you after you click.
• All required information should be entered into this shape, inclusive of

• In this way, the login information will open in front of you.
• You will have to enter all the information asked in this form.
• After entering you have to click on the option to log in.
• After this, the application form will open in front of you.
• You have to enter all the information asked in this letter like
• personal information
• Education details
• family details
• Organization Details
• Project Details
• financial statement
• bank details
• After entering all the data, you need to attach any supporting documents.
• Once the documents are attached, you must review your form.
• Following the form review, you need to choose Final Submit.
• You can apply for the Bihar Chief Minister Entrepreneur Scheme in this manner.

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Login Process

• You must first visit the Industries Department of the Government of Bihar’s official website.
• The homepage will appear in front of you after you access the website.
• You need to click on the login link on this home page.

• A brand new page will appear in front of you when you click on it.
• You ought to enter all the requested information on this web page, together with your password and aadhaar quantity.
• You need to click the login button after entering the information.
• You’ll be able to log in in this manner.

Contact

• Industries Department Vikas Bhawan, New Secretariat, Bailey Road, Patna
• Call Center Number- 1800-345-6214
• Email ID- dir-td-ind-bih@nic.in

FAQ’s

Q: Who initiated the Bihar Chief Minister Entrepreneur Scheme and for what purpose?

Ans: The state’s chief minister, Shri Nitish Kumar, started it for those in Bihar who belong to the Scheduled Caste and Scheduled Tribe classifications.

Q: How can one apply for this scheme?

Ans: Applying for the Bihar Mukhyamantri Udyami Yojana online is possible for state recipients who visit the official website of the Entrepreneur Department.

Q: What is the age range for applicants under this scheme?

Ans: Only individuals who fall within the 18 to 50-year-old age range of Scheduled Caste and Scheduled Tribe are eligible to apply under this plan.

@Man