Mukhyamantri Hunar Vikas Yojana- Self-Employment/Business
Under this scheme, eligible boys and girls receive financial assistance in two installments - 60% initially and 40% later, to establish self-employment or business ventures. The support is specifically linked to the training course completed by the beneficiary.
About This Scheme
Benefits
> Financial Assistance:
₹50.0K
Financial assistance up to ₹50,000 or the actual/estimated cost, whichever is lower, to establish self-employment/business.
> Payment Disbursed in Two Installments
First Installment: 60% for establishing the necessary shop/location or purchasing equipment, raw materials, etc.
Second Installment: After establishing, the remaining 40% amount will be paid based on the inspection report by the officer appointed by the District Collector.
> Mode of Disbursement:
The financial assistance is directly deposited into the beneficiary's bank savings account.
Eligibility
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Required Documents
- ✦Passport-size Photo
- ✦Copy of Jan Aadhaar Card
- ✦Certificate of Educational Qualification (proof of the prescribed educational qualification for the relevant program)
- ✦Udyog Aadhaar Registration Certificate
- ✦Bank Passbook
- ✦Residence proof
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹50.0K
- Launched
- 19 Jan 2012
