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PMRY Loan Scheme For Unemployed Educated Youth

Prime Minister’s Rozgar Yojana (PMRY) is designed to create and provide sustainable self-employment opportunities to one million educated unemployed youth in the country during the 8th Plan period. With financial aid, the scheme is designed to help set up micro level self-employment business in both urban and rural areas. Major credit-linked subsidy programme, aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector by helping traditional.

Subsidy offered under this scheme is extended  to 15% of the project cost which is further limited to Rs.12,500 per entrepreneur. The Scheme is designed to create and provide self-employment opportunities to one million educated unemployed youth in the country during the 8th Plan period. For the Jammu & Kashmir, North-Eastern Regions, Himachal Pradesh & Uttaranchal regions the limit is extended to Rs.15,000

Eligibility Criteria

The following persons can avail the benefits of this scheme

The candidates must be a permanent resident.

Every unemployed educated youth can apply for the PMRY scheme

The age limit to apply for the PMRY Yojana should be 18-35 years  extended to 40 years for people under SC/ST category , ex-servicemen.

Must have passed 8th standard. The income of the family should be Rs.1 lakh per annum.

Documents Needed To Apply For PMRY.

Aadhar card.

Educational qualification certificate

Passport size photograph.

EDP Training certificate.

Project report

Cost Covered Under PMRY Scheme

For Business Sector the Project Cost will be Rs 2 Lakhs

For Service Sector the Project Cost will be Rs 5 Lakhs

For Industry Sector the Project Cost will be Rs 5 Lakhs

How to Apply

Visit the official website https://pmrpy.gov.in/ to apply for the PMRY scheme.

Should have Valid email & Scanned copies of photo, signature

Candidates long on http://www.mahadiscom.in/

Go to Recruitment & Select the Post

Read the information & Apply Online

Complete the Registration & submit

After Registration , Login with Registered no. and password

Fill all the details

Upload photo& signature

Application Fees should be paid Online

Download the form and take a printout for further Reference

 

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