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Mukhya Mantri Divyangjan Udyami Yojana Bihar - Yojana.AI

Mukhya Mantri Divyangjan Udyami Yojana

  • Scheme Short Name: Mukhya Mantri Divyangjan Udyami Yojana
  • Categories: Welfare, Business, Disability
  • Status: open

Bihar government has launched the Mukhya Mantri Divyangjan Udyami Yojana to encourage entrepreneurship among specially-abled individuals.

The scheme provides a substantial financial package of ₹5 lakh as subsidy and another ₹5 lakh as an interest-free loan.

This initiative aims to empower differently-abled citizens by supporting their business ventures.

What is Mukhya Mantri Divyangjan Udyami Yojana

Mukhya Mantri Divyangjan Udyami Yojana is a new initiative by the Bihar government to boost entrepreneurship among people with disabilities. This scheme is an addition to the existing Mukhya Mantri Udyami Yojana, which already has categories for minorities, women, and others. The goal is to empower specially-abled individuals by providing them with financial support to start and grow their own businesses.

Under this scheme, beneficiaries will receive significant financial aid, making it easier for them to overcome initial hurdles in business setup. The scheme plans to start by supporting 100 people in its first year, with the possibility of including more if applications are high. This move is expected to create more economic opportunities and promote self-reliance among the specially-abled community in Bihar.

Highlights

Scheme Name Mukhya Mantri Divyangjan Udyami Yojana
State Bihar
Target Group Specially-abled persons
Financial Aid ₹5 lakh subsidy and ₹5 lakh interest-free loan
Objective Promote entrepreneurship among specially-abled persons
Initial Beneficiaries 100 people

Benefits

Financial Assistance: Specially-abled persons will receive a subsidy of ₹5 lakh.

Interest-Free Loan: An additional ₹5 lakh will be provided as an interest-free loan to help them expand their business.

Eligibility

  • Applicant must be a specially-abled person.
  • Scheme is applicable for residents of Bihar.

Application Process

The scheme will be implemented under the existing Mukhya Mantri Udyami Yojana framework. Specific application details and procedures for this new category will be announced by the Bihar government. It is advisable to check the official website of the Social Welfare Department, Bihar for updates.

Required Documents

  • Proof of disability
  • Identity proof
  • Address proof
  • Business plan
  • Other documents as specified by the department

Status Check

  • Applicant can check their application status through the official Bihar government portal for the Mukhya Mantri Udyami Yojana. Details on how to check will be provided upon application.

Working and Implementation

The scheme is being implemented by the Bihar government through its Social Welfare Department.

It functions as a sub-category under the broader 'Mukhya Mantri Udyami Yojana'.

The government plans to select an initial 100 beneficiaries from the specially-abled community. The selection and disbursement process will be managed by the state government, ensuring that the funds reach the intended recipients to start their entrepreneurial journey.

Contact & Helpline

Office: Social Welfare Department, Government of Bihar

Website: https://state.bihar.gov.in/socialwelfare/CitizenHome.html

Downloads & Media

Added to: Main
Official Website