Udyami Yojana Update Now everyone will get 10 lakh Benefits, Apply Now
Udyami Yojana The Industry Department of the Bihar Government oversees the Mukhyamantri UDYAMI YOJANA, which offers loans to people living in Bihar in order to help them find work. The Industry Department provides direct loans under this program each year to establish new industries. The Chief Minister Scheduled Caste/Scheduled Tribe/Extremely Backward Class/Women/Youth Entrepreneur Scheme is often referred to as the Mukhyamantri UDYAMI YOJANA. The Industry Department offers loans up to Rs 10 lakh under the Bihar UDYAMI YOJANA. It also receives a subsidy of up to 50%.
There is exciting news if you too wish to establish an industry through the Mukhyamantri UDYAMI YOJANA and take out a loan. This scheme explains how to apply, when and how to apply, what documents are needed, who is eligible for this loan, and how to acquire a loan up to Rs 10 lakh. Here is a detailed list of all the information regarding this. To apply online and learn more about the Bihar UDYAMI YOJANA plan, click the link provided below.
Bihar Udyami Yojana 2024
| Article Name | Bihar Udyami Yojana 2024-25 |
| Post Type | Government Scheme / Government Scheme / Govt Scheme |
| Scheme Name | Chief Minister's Entrepreneur Scheme |
| Department | Industries Department, Government of Bihar |
| Loan Amount | Maximum Rs 10 Lakh |
| Subsidy | Maximum Rs 5 Lakh |
| Who Can Apply? | All Category Male/Female (Both) |
| Official Website | https://udyami.bihar.gov.in/ |
| Apply Mode | Online |
What is the Chief Minister's Udyami Yojana?
"Mukhyamantri Udyam Yojana" was introduced by the Bihar government in an effort to develop new industries in the state. Establishing new industries and giving jobs to unemployed individuals in the state are the goals of this program. Women, youth, OBCs, Scheduled Castes, and Scheduled Tribes are all eligible to apply for this initiative. The government offers young people a wide range of other amenities in addition to cash support.
You can apply for a loan under this program if you too wish to launch a business but lack the funds to do so. Bihar Industries Department has opened the Mukhyamantri Udyam Yojana 2024–25 application process. By going to https://udyami.bihar.gov.in/, the official website of the program, you can apply for a loan.
Applications for this scheme will be accepted starting on July 1, 2024, and closing on July 31, 2024. Those who would like to benefit from this program should register as soon as possible on the official website.
The objective of Mukhyamantri Udyami Yojana Bihar
What is the Chief Minister's Udyami Yojana?
"Mukhyamantri Udyam Yojana" was introduced by the Bihar government in an effort to develop new industries in the state. Establishing new industries and giving jobs to unemployed individuals in the state are the goals of this program. Women, youth, OBCs, Scheduled Castes, and Scheduled Tribes are all eligible to apply for this initiative. The government offers young people a wide range of other amenities in addition to cash support.
You can apply for a loan under this program if you too wish to launch a business but lack the funds to do so. Bihar Industries Department has opened the Mukhyamantri Udyam Yojana 2024–25 application process. By going to https://udyami.bihar.gov.in/, the official website of the program, you can apply for a loan.
Applications for this scheme will be accepted starting on July 1, 2024, and closing on July 31, 2024. Those who would like to benefit from this program should register as soon as possible on the official website.
The objective of Mukhyamantri Udyami Yojana Bihar
Encouraging the state's economically disadvantaged citizens to begin their own businesses is the aim of the Chief Minister's Entrepreneur Scheme. in order to empower and become self-sufficient young people and women. The youth of Scheduled Tribes and Scheduled Castes will not have to rely on anyone thanks to the Chief Minister's Entrepreneur Scheme.
Benefits of Chief Minister Udyami Yojana
Benefits under the Bihar UDYAMI YOJANA 2024 would only be granted for the establishment of new industries. Additionally, the units benefit from the 2016 Bihar Industrial Investment Promotion Policy. A maximum loan of ₹ 10 lakh is granted under this scheme. A maximum grant or subsidy of Rs. 500000 (five lakh) would be given, which is 50% of the amount authorised under the special incentive scheme. An interest-free loan of up to 50% of the total project cost (per unit) and a maximum of Rs 5,00,000 (five lacks) in seven years (84 equal instalments) will be repaid by the young women in the affected area.
Eligibility to apply in Bihar Udyam Yojana
To apply for this Udyam Yojana, which is being administered by the Bihar government, you must meet all of the following qualifying requirements:
- Being a native of Bihar is a requirement to apply for the Bihar government's Udyam Yojana.
- The Bihar government's Udyam Yojana requires applicants to be at least eighteen years old.
- The applicant must possess at least one educational credential, such as a diploma, ITI, or polytechnic ITI, in order to be eligible for the Bihar government's Udyam Yojana.
- The Bihar government's Udyam Yojana is open to unemployed youth and women who belong to Scheduled Castes or Scheduled Tribes in the state.
Documents required for Bihar Udyami Yojana 2024
The following documents are required in order to apply for this Udyam Yojana administered by the Government of Bihar:
- Aadhaar Card
- PAN Card
- Aadhaar Card Linked Bank Account
- Income Certificate
- Residence Certificate
- Caste Certificate
- Education Related Documents
- Mobile Number
- Email ID
- Passport Size Photo etc.
Application process to apply in Bihar Udyam Yojana
Please carefully follow all of the steps listed below if you would like to apply for the Bihar government's Udyam Yojana. You should have no trouble applying for this scheme if you properly follow all of the instructions provided here. How is the application procedure for this plan going?
- Go to the Bihar government's official website in order to apply for this programme before anything else.
- Once you've arrived at the official Bihar government website, you need to navigate to the main page.
- Following your arrival at the home page, you will find a registration option; you must select it.
- You will be prompted to log in with your Aadhar card number and password on a new page that appears after selecting that option.
- You need to enter your password and Aadhar card information to log in.
- A registration form will appear in front of you as soon as you log in.
- You now need to carefully read the registration form. You now need to fill out the registration form with all the requested information after carefully reading it.
- Once all the information has been filled out, you must scan and upload each document required by this program.
- You must now click the submit button to submit your application form after uploading all of the necessary files.
- You must download the receipt you will receive as soon as you submit it.
- It will now be necessary for you to print the receipt in A4 size in order to download it.
- The application form will be reviewed once it has been submitted. Should you be qualified for this program, the government will give you an aid package worth Rs. 10 lakh.
Bihar Udyam Yojana Project List
You must select one of the projects listed below in order to be eligible for a loan under the Bihar Udyam Yojana. The list of projects that the government offers financing facilities for is provided below. Let's examine which projects qualify for credit availability:
| Flour, Sattu and Besan manufacturing | Auto Garage |
| Manufacture of steel furniture, cupboards, boxes/trunks/racks | ice cream manufacturing |
| IT Business Centre (Web Software Development & Web Designing Centre) | Electric Vehicle Assembling |
| Concrete Hume Pipe (R.C.C. Spun Hume Pipe) | Computer Hardware Assembly, Maintenance and Networking |
| Knitting Machines & Clothing | Corn Flakes Manufacturing |
| Cooler Construction | agricultural equipment manufacturing unit |
| Gate Grill Fabrication Unit/Welding Unit | Banana Fiber Manufacturing Unit |
| Leather and rexine sheet covers for vehicles | Manufacture of leather shoes |
| Manufacture of leather goods such as bags, belts, wallets and gloves etc. | Jam/Jelly/Sauce Making |
| Detergent Powder, Soap and Shampoo | Disposable Diapers and Sanitary Napkins |
| Dry Cleaning | Notebook/copy/file/folder creation |
| Oil Mill | Dal Mill |
| animal feed manufacturing | Powerloom Unit |
| PVC Shoes | Pathological Testing Centre (Medical Diagnostic Centre) |
| Poha/Churna Manufacturing Unit | Plastic items/boxes/bottles |
| fruit juice unit | Flex Printing |
| Carpentry and wood furniture workshop | Bamboo item and furniture manufacturing unit |
| Seed Processing & Packaging | Cane Furniture Manufacture |
| Bakery products (bread, biscuits, rusks, etc.) | bed sheet with pillow cover set |
| Carpentry | Makhana Processing |
| Honey processing | Spice production |
| Poultry feed manufacturing | Readymade Garments Manufacturing |
| Cement lattices, doors, windows, etc | rolling shutter |
| Stabilizer/Inverter/UPS/CVT Assembling | Sports Shoes |
| Light commercial vehicles | Body Building |
| Hospital bed/trolley manufacturing unit | Setting up of Dhaba/Hotel/Restaurant/Food on Wheels |
Frequently Asked Questions
The Udyami Yojana is a government program designed to encourage small businesses and prospective entrepreneurs to start their own businesses. It promotes small and medium-sized businesses (SMEs) by offering financial support, skill-development courses, and a range of support networks.
The program is available to people and organisations who want to launch or grow small enterprises. A candidate must normally meet specific income requirements in addition to age requirements, which are often above 18. Additionally, special considerations are given to women and under-represented groups.
Applications can be submitted offline at specific government offices or online via the official government webpage. Financial information, identification documentation, and a company strategy are among the papers you'll need to submit.
The following important documents are usually needed for an application:
- A thorough business strategy.
- Identity verification (PAN card, Aadhaar card, etc.).
- Financial documentation (bank statements, evidence of income).
- licenses and permits that are pertinent to the business.
Yes, Udyami Yojana includes specific provisions and incentives aimed at encouraging women to start and grow their own businesses. This includes financial assistance, training, and resources tailored to their needs.