Bihar Udyami Yojana 2024: The Industries Department of the Government of Bihar runs the Mukhyamantri Udyami Yojana, which aims to provide employment loans to the residents of Bihar. This initiative facilitates direct loans annually for setting up new industries. Often referred to as the Chief Minister’s Scheduled Castes/Scheduled Tribes/Most Backward Classes/Women/Young Entrepreneurs Scheme, it offers loans up to Rs 10 lakh with an Industries Department subsidy of up to 50%.
Bihar Udyami Yojana 2024
Bihar Udyami Yojana 2024, launched by the Department of Industries, Government of Bihar, aims to promote the establishment of new enterprises within the state. The scheme, which is also recognised as the Chief Minister’s Scheduled Castes / Scheduled Tribes / Most Backward Classes / Women / Young Entrepreneurs Scheme, facilitates loans up to Rs 10 lakh with 50% subsidy, effectively getting a rebate of Rs 5 lakh.
Apart from this, beyond financial assistance, the government also gives many other facilities to the youth. Notably, many youths availed these benefits through the Bihar Udyami Yojana last year. Both male and female entrepreneurs from SC / ST / OBC / Women / Youth categories are eligible to apply for assistance under the Chief Minister’s Entrepreneurship Scheme.
Bihar Udyami Yojana 2024 Overview
| Yojana Name | Bihar Udyami Yojana 2024 |
| Year | 2024 |
| Who Started | Shri Nitish Kumar (Government of Bihar) |
| Objectives | To employ the unemployed, to improve the economic condition. |
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Beneficiary
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The beneficiaries are unemployed youth, women, and persons from economically weaker families. |
| State | Bihar |
| Apply Mode | Online |
| Official Website | https://udyamiuser.bihar.gov.in/ |
Bihar Udyami Yojana 2024 Eligibility Criteria
- The applicant must be a permanent resident of Bihar.
- Priority is given to Scheduled Castes, Scheduled Tribes, unemployed youth and women.
- A high school graduation, ITI, or its equivalent, is a minimum applicant requirement.
- The lowest age limit is eighteen, while the highest is fifty.
- To receive the sanctioned money using RTGS, the applicant must have a current account, either in their name or the company’s name.
- For ownership, the personal PAN of the firm entrepreneur is required.
- The prospective business should be named on the present account.
- Applicants must establish and register their own firm or company.
- Options include ownership, partnership, or private limited company structures.
Bihar Udyami Yojana 2024 Important Documents
The candidates must hold the following certificates to apply for the Yojana.
- Age-proof document (Matriculation Certificate, Birth Certificate, PAN Card, Aadhar Card)
- Aadhar Card
- Residential Proof
- Caste Certificate
- Monthly Family Income Certificate (issued by local office)
- Bank Statement / Cancelled Cheque / Passbook Signature Photo Disability Certificate (if required)
Government Scheme Benefits & Features
Below are the following benefits and features.
- In Bihar Udyami Yojana 2024, in line with the Bihar Industrial Investment Promotion Policy 2016, special benefits are provided for setting up new industries.
- Under this scheme, loans up to a maximum of Rs 10,00,000 are provided with special incentives.
- Grant of 50% of the sanctioned amount, limited to Rs. 5,00,000.
- Further, the local girls are entitled to a unique provision wherein they have to repay only 50% of the total project cost per unit with a maximum interest free loan of Rs. 5,00,000, payable in 7 years in 84 equal installments.
How To Apply For Bihar Udyami Yojana 2024
For all the youth of Bihar interested in applying for Bihar Udyami Yojana 2024, here is the step-by-step guide:
Registration on the portal:
- Go to the homepage of the official website of Bihar Chief Minister Entrepreneurship Scheme 2024-25.
- Click on the registration option.
- Fill your Aadhaar number and password to log in.
- Fill the registration form carefully.
- Submit the form and get the receipt.
Submission of application:
- Visit the portal with your credentials.
- Fill the application form correctly.
- Scan and upload all the necessary documents.
- Click on submit and keep a printed copy of the receipt for your records.
- These steps allow interested applicants to easily apply online and take advantage of this scheme.
Important Links Bihar Udyami Yojana 2024
| Official Website Bihar Udyami Yojana 2024 | https://udyami.bihar.gov.in/ |
| Help-Line Number | 1800 345 6214 |
| Direct Link to Apply For Scheme | https://udyamiuser.bihar.gov.in/login |
FAQ
Q1 : What is the helpline number for the Bihar Udyami Yojana 2024?
Answer = 1800 345 6214
Q2 : Who started the yojana 2024?
Answer = Shri Nitish Kumar