Telangana CM launches ‘Rajiv Yuva Vikasam’ to boost self-employment for youth –

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Telangana CM launches ‘Rajiv Yuva Vikasam’ to boost self-employment for youth -


Telangana Government Launches ‘Rajiv Yuva Vikasam’ Scheme for Unemployed Youths

Summary: The Telangana government has launched ‘Rajiv Yuva Vikasam’, a new scheme aimed at providing self-employment loans to youths from SC, ST, BC, and Minority communities. The scheme is expected to create self-employment opportunities for five lakh unemployed youth across the state, with a total allocation of six thousand crore rupees.

Introduction

In a bid to promote youth empowerment and economic development, the Telangana government has launched the ‘Rajiv Yuva Vikasam’ scheme, providing self-employment loans to youths from underprivileged communities. The scheme was launched by Chief Minister A. Revanth Reddy on the Assembly premises, marking a significant step towards promoting entrepreneurship among the youth.

Key Highlights:

  • The scheme provides self-employment loans to youths from SC, ST, BC, and Minority communities
  • The scheme aims to create self-employment opportunities for five lakh unemployed youth across the state
  • The government has allocated six thousand crore rupees for the initiative
  • Eligible beneficiaries will receive financial assistance of up to 3 lakh rupees to establish self-employment units
  • The scrutiny of applications will begin next month, and selected beneficiaries will receive concessional loan sanction documents on June 2nd, Telangana Formation Day

Loan Subsidies:

  • Loans up to One lakh rupees will receive an 80% subsidy
  • Loans up to Two lakhs will get a 70% subsidy
  • Loans up to Three lakh will be eligible for a 60% subsidy

Conclusion

The ‘Rajiv Yuva Vikasam’ scheme is a significant step towards promoting entrepreneurship and economic development among the youth of Telangana. With the scheme, the government is committed to providing support to new entrepreneurs, empowering them to start their own businesses, and creating jobs for thousands of individuals. We hope that this scheme will positively impact the lives of many young individuals, enabling them to lead a more fulfilling and prosperous life.

Keywords:

  • Rajiv Yuva Vikasam
  • Telangana government
  • Self-employment loans
  • Unemployed youths
  • SC, ST, BC, Minority communities
  • Entrepreneurship
  • Economic development
  • Youth empowerment

Hashtags:

RajivYuvaVikasam

TelanganaGovernment

SelfEmploymentLoans

UnemployedYouths

YouthEmpowerment

EconomicDevelopment

Entrepreneurship



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