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Mukhyamantri Ati Pichhada Varg Udyami Yojana

This is a flagship scheme of the Bihar government aimed at promoting entrepreneurship and self-employment among the youth by providing financial assistance of up to ₹10,00,000/- for setting up businesses.

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About This Scheme

The “Mukhyamantri Ati Pichhada Varg Udyami Yojana” is a component of the umbrella scheme “Mukhyamantri Udyami Yojana”, launched by the Department of Industries, Bihar. The main objective of the scheme is to promote entrepreneurship and self-employment among individuals from all categories in the state. Under this component, financial assistance of up to ₹10,00,000/- is provided to male applicants from the General Category and Backward Class for establishing and operating business ventures, thereby fostering economic growth and empowerment in the state.

Benefits

₹10.0 L

Substantial Financial Support: Up to ₹10,00,000/- for setting up a business (50% of the total financial assistance (up to ₹5,00,000/-) is provided as a non-repayable grant. The remaining 50% (up to ₹5,00,000/-) is offered as an interest-free loan, with a nominal 1% interest under specific sub-schemes.) - Skill Development: Mandatory training sessions are provided to enhance entrepreneurial skills.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

  • Matriculation certificate (in which date of birth is mentioned).
  • Intermediate or equivalent passing certificate.
  • Caste certificate.
  • Permanent residence certificate.
  • Disability certificate (if required).
  • Photograph of the applicant.
  • Signature of the applicant.

✦ Required ◦ Optional

How to Apply

OOnline

Quick Info

Level
Central Government
Max benefit
₹10.0 L