Central GovernmentVerified

Mizoram Bana Kaih (Handholding) Scheme

The scheme aims to empower individuals and organizations by providing financial, technical, and institutional support for livelihood, entrepreneurship, and employment generation. It also promotes sustainable socio-economic development and youth engagement in Mizoram.

Start date19 Sept 2024
End date / Deadline18 Sept 2029
Last verifiedToday
Source: myScheme.gov.in ↗Last verified: 5 Oct 2026·YojnaGuru is not affiliated with or endorsed by any government body

About This Scheme

The scheme "Mizoram Bana Kaih (Handholding) Scheme" by the Planning & Programme Implementation Department, Government of Mizoram, aims to promote socio-economic development through providing financial, technical, and institutional support to selected Progress Partners. It facilitates livelihood generation, entrepreneurship, and sustainable development. The scheme is implemented for an initial period of 5 years starting from 19th September, 2024.

Benefits

Handholding Support:
  • Comprehensive support including advisory services, training, technical assistance, and supervision.
  • Credit linkage through bank loans with collateral-free provisions.
  • Full interest subvention and bank guarantee support.
  • Provision of catalytic capital grant and venture funding.
Support to Implementing Departments:
  • Funding for development of common infrastructure and facilities.
  • Research and development support for innovation and localization.
  • Financial support for technical training programmes.
  • Administrative expense support for implementation and monitoring.
Cluster Development Support:
  • Promotion of agriculture and allied sectors through cluster (zau) approach.
  • Development of industrial clusters to attract investments.
  • Support based on agro-climatic suitability and employment potential.
Market Support:
  • Price support for priority crops.
  • Market intelligence and information dissemination.
  • Establishment of market linkages.
  • Financial support for infrastructure and machinery (fixed capital creation).
Participative Planning & Innovation:
  • Support for decentralized planning at district and local levels.
  • Promotion of innovation through initiatives like the "Chief Minister’s Innovation Challenge".
  • Integration of Sustainable Development Goals (SDGs).

Eligibility

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

    The applicant should be an individual, group, organization, entrepreneur, or innovator.

  • •

    The applicant should have high potential for wealth and employment generation.

  • •

    The applicant should be selected as a “Progress Partner” by the Apex Body.

  • •

    The applicant should be engaged in livelihood, business, startup, or development activities.

Required Documents

  • ✦
    Identity Proof.
  • ✦
    Address Proof.
  • ✦
    Project Proposal / Business Plan.
  • ✦
    Bank Account Details.
  • ✦
    Registration Certificate (In Case Of Organization/Startup).
  • ✦
    Any other documents as specified by the concerned Authority.

✦ Required ◦ Optional

How to Apply

OOnline

Step 1: Progress Partners registration using "Register New User". One Individual and/or One Organization Project may be submitted from a single user account.

Step 2: After registration, the Application (Loan or Chief Minister Package) may be submitted online by Progress Partners through the portal. Upon successful submission, the applicant will receive a confirmation SMS at the registered phone number.

Step 3: Based on the Trade selected, the respective department will perform verification and then forward it to the Planning & Programme Implementation Department.

Quick Info

Level
Central Government
Launched
19 Sept 2024
Deadline
18 Sept 2029

Available In