Bihar Mukhyamantri Yuva Udyami Yojana 2024 List PDF / Application / Registration Form / Interest / Loan Repayment Time / Installment

Bihar Mukhyamantri Yuva Udyami Yojana 2024 application / registration form, apply online, check interest rate, loan repayment time, installment, complete details here

Bihar Mukhyamantri Yuva Udyami Yojana 2024 List PDF / Application / Registration Form / Interest / Loan Repayment Time / Installment

Mukhyamantri Yuva Udyami Yojana Bihar

Bihar government is inviting Mukhyamantri Yuva Udyami Yojana 2024 registration form & login at http://udyami.bihar.gov.in. The Final List according to target Yuva is available to download in PDF format along with the Total Randomised Selected Candidates under CM YUVA Udyami Scheme, check it from here. In this scheme, the state govt. will provide cash incentive in 2 instalments in the current fiscal depending on the business needs. Bihar govt. on 19 April 2021 has cleared the release of Rs. 200 crore under the CM Yuva Udyami Yojna. Now the list of selected beneficiaries is also released on the official portal. In this article, we will provide you the complete details of the CM Yuva Udyami Yojana.

Bihar CM Yuva Udyami Scheme List PDF

Below is the complete process of checking the final list of beneficiaries under Mukhyamantri Yuva Udyami Scheme in Bihar:-

STEP 1: First of all, go to the official website at https://udyami.bihar.gov.in/

STEP 2: To check the Bihar CM Yuva Udyami Scheme list of beneficiaries, click at the “Final List according to target Yuva – Download” link as shown below:-

Link List Yuva Udyami Bihar

STEP 3: Direct Link to download Final List according to target Yuva – https://udyami.bihar.gov.in/pdf/CM_Yuva_Udyami_Final.pdf

STEP 4: Bihar Mukhyamantri Yuva Udyami Yojana Final List of Beneficiaries in PDF format will appear as shown below:-

Yuva Udyami Yojana List PDF Download

STEP 5: Also check Total Randomised Selected Candidates YUVA through the link – https://udyami.bihar.gov.in/pdf/YUVA.pdf

मुख्यमंत्री अनुसूचित जाति/अनुसूचित जनजाति/अति पिछड़ा वर्ग/महिला/युवा उद्यमी योजना प्रमुख बिंदु

Bihar Mukhyamantri Yuva Udyami Yojana 2024 Apply

The new Mukhyamantri Yuva Udyami Yojana aims to encourage entrepreneurship among youths through cash subsidies and interest free loans each upto Rs. 5 lakh (total Rs. 10 lakh) for starting a business. This scheme was a part of the Nitish Kumar’s chief pre-poll promises, popularised as Saat Nischay Part 2 (seven resolves).

Mukhyamantri Yuva Udyami Yojana Application / Registration Form

The apply online process for CM Yuva Udyami Yojana 2024 has been started at https://udyami.bihar.gov.in/. Bihar Udyami Yojana Portal has become functional, interest applicants can fill Mukhyamantri Yuva Udyami Yojana Application / Registration Form through online mode. For this purpose, candidates can apply online by making registration and login through the link – https://udyamiuser.bihar.gov.in/login

Cabinet Approval for Mukhyamantri Yuva Udyami Yojana

The state cabinet committee has given its approval for the Mukhyamantri Yuva Udyami Yojana and Rs. 200 crore has been allocated for the same. Three other schemes have been given approval whose name are as follows:-

Interest on Loans under Mukhyamantri Yuva Udyami Yojana

For both Mukhyamantri Yuva Udyami Yojana & Mahila Udyami Yojana, the state govt. has approved a total sum of Rs. 400 crore. The beneficiaries of the all the 4 schemes (SC / ST Udyami, EBC Udyami, Yuva Udyami, Mahila Udyami), except the women and those from SC / ST category would be charged token 1% interest on the loans provided.

Loan Repayment Time / Installment in CM Yuva Udyami Yojana

All the beneficiaries of Bihar CM Yuva Udyami Yojana 2024 are deemed to pay back the loan in 84 equal monthly installments after one year of the cash transfer. The three schemes were among the nine proposals of different departments, which were approved by the cabinet.

Mukhyamantri Yuva Mahila Udyami Yojana

It is proposed that the cash incentive will be doled out in 2 instalments in the current fiscal depending on the business needs and the old practice of releasing at least three instalments will be discontinued. The candidates will get 3 months to apply for the scheme after 15 June.

Bihar Govt. to Promote SC / ST / EBC / Youth / Women Entrepreneurship

An analyst said Nitish Kumar led Bihar government was generous with innovating schemes but they didn’t have the desired impact since doing business in the state was not easy owing to “deterioration in law and order, high cost of land and bureaucratic red-tape”. An automobile dealer says there were only 240 women among the 21,112 applicants, who applied for incentive under the CM’s rural transport scheme launched last year in 2020. He feared women may not again participate in huge numbers in the new scheme. Schemes for other classes might be lapped up in the job-scarce state like Bihar.

Opposition alleged that the state govt. had failed miserably in keeping up its employment-generation promises. “What happened to the CM’s call to provide jobs to all migrants during their return last year? They had to leave the state… Bihar would have developed a lot, had the government been sincere in executing even 5% of the cabinet decisions.”

Janata Dal (United) leader and former minister Neeraj Kumar, however, dismissed the allegations and stated that Nitish Kumar was committed to “honest implementation” of the project. He mentioned that “Seven resolves are the schemes that the CM is committed to implement. He has been monitoring their implementation personally.”

In other important decisions taken on Tuesday, the cabinet raised the state contingency fund to ₹8,732.10 crore from the existing limit of ₹350 crore. The transport department’s proposal to incentivise the retailers of vehicles for selling registration numbers of choice also got its approval.

Source / Reference Link: https://state.bihar.gov.in/cache/10/Smart%20City/Old%20Cabinet%20Decisions/c19042021.pdf

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