Rajiv Yuva Scheme: Loan of Rs 4 lakh will be available at low interest under government scheme
Under the Rajiv Yuva Sarkari Yojana, a loan of Rs 4 lakh will be given at low interest. The objective of this scheme is to facilitate the establishment of new business by reducing financial barriers for eligible applicants. Eligibility under this scheme will be decided according to income and age.
Rajiv Yuva Scheme: The state government has started a government scheme, which will help people to start their own business. Under this scheme, the government will help people starting a business by giving them a loan of Rs 4 lakh.
The Telangana government has announced the launch of Rajiv Yuva Vikas Yojana 2025, which is being seen as an important initiative to promote self-employment opportunities among young entrepreneurs. This scheme will benefit the youth from disadvantaged sections including Scheduled Caste (SC), Scheduled Tribe (ST), Backward Class (BC), Minorities and Economically Backward Class (EBS) or Economically Weaker Section (EWS).
Who will get the benefit of this scheme?
Under the Rajiv Yuva Sarkari Scheme, a loan of Rs 4 lakh will be given at low interest. The objective of this scheme is to facilitate the establishment of new business by reducing financial barriers for eligible applicants. Eligibility under this scheme will be decided on the basis of income and age. The annual income of applicants from rural areas should be Rs 1.5 lakh or less, while the income of applicants from urban areas should not exceed Rs 2 lakh.
The age limit for non-agricultural businesses is fixed between 21 and 55 years, while individuals involved in agriculture and allied activities can apply up to the age of 60. Apart from this, applicants are required to submit the required documents including Aadhaar, caste and income certificate to meet the requirements set by the scheme.
These people will get the chance first
A notable aspect of this scheme is its emphasis on inclusiveness, with special priority given to first-time beneficiaries, women, persons with disabilities and families of martyrs of the Telangana movement. At least 25% of the beneficiaries will be women and 5% of the loans are reserved for persons with disabilities. The scheme facilitates financial independence and entrepreneurship among these groups, thereby promoting comprehensive social and economic development.
How can you apply for this scheme?
Applicants interested in the scheme have to complete the registration process on the Online Beneficiary Management and Monitoring System (OBMMS) portal. It is necessary to enter details such as correct personal information, income and category, which are important for processing the applications. After registration, applicants have to download their application forms and submit them to the concerned office along with the relevant documents. Rural applicants should visit the Mandal Praja Palna Seva Kendra (MPPSK), while urban counterparts can go to the Municipal Corporation or Regional Commissioner’s offices. On-site helpdesks are available to assist with document submission and verification.
It is worth noting that the launch of Rajiv Yuva Vikas Yojana is a strategic move by the Telangana government to strengthen the entrepreneurial ecosystem. By providing accessible financial assistance, the scheme is set to empower young individuals to start and sustain their business ventures.
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