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Tuesday 17 January 2017

CM youth self employment scheme

By Dr IM  |  23:23 No comments

CM youth self employment scheme

The scheme was implemented on Monday April 1st .the scheme basically gives the opportunity to the youth to become entrepreneurs or we can say government encourages the youths to start their own business by providing loans from banks  . it will encourage the young’s to start their own industry and small scale business ,which will also reduce unemployment.

According to the state government the scheme will be implemented by PanchyatRaj and rural development departments in rural areas or villages and in cities by development of commerce industries and employment . the general category  will be permitted  to set up business by investing  Rs 8 lakhs members of schedule caste and schedule tribes will be permitted to invest  Rs 12 lakh ,professional individuals can invest Rs25 lakhs

The youths which are eligible for the scheme must passed the 10th  board exam and must have domicile of it. The age chosen for participation under the scheme is between 18 years to 35 years on date of application. The  reservation was also allowed in which exemption was given of 5 years in the upper limit to the candidates belongs to schedule caste, schedule tribes , OBC, women and  disabled candidate. 

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Author: Dr IM

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