Central GovernmentVerified

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.

Start date19 Jan 2012
Last verifiedToday

About This Scheme

The "Mukhyamantri Hunar Vikas Yojana – Self-Employment/Business" was launched by the Department of Social Justice and Empowerment, Government of Rajasthan with the objective of providing financial assistance to beneficiary boys and girls under the State Government’s Palanhar Scheme to help them establish their own self-employment ventures or businesses after completing their training. The scheme aims to create employment opportunities and ensure a dignified livelihood for these beneficiaries upon the completion of their training. Under this scheme, the State Government provides financial assistance to eligible boys and girls in two installments: 60% of the total sanctioned amount is disbursed in the first installment, and the remaining 40% in the second installment. The assistance is specifically for setting up self-employment or business activities related to the training course completed by the beneficiary. The scheme is implemented by the Department of Social Justice and Empowerment, Rajasthan, at the state level and by the Deputy Director/Assistant Director, Department of Social Justice and Empowerment, at the district level.

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

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

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

IIn-person

Quick Info

Level
Central Government
Max benefit
₹50.0K
Launched
19 Jan 2012