Categories: State News

Bihar government launches ‘Mukhya Mantri Udyaymi Yojana’

Bihar Chief Minister Nitish Kumar has launched two ambitious schemes christened as the ‘Mukhya Mantri Yuva Udyaymi Yojna’ and the ‘Mukhya Mantri Mahila Udyami Yojana. Both the schemes launched to promote entrepreneurship among youth and women of all sections under the state’s ‘Mukhaya Mantri Udyami Yojana scheme. The schemes were promised by the chief minister during the 2020 Bihar elections.

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Youth and Women-irrespective of caste and creed, wishing to start entrepreneurship, will get a loan of Rs 10 lakh, in which Rs 5 lakh would be a grant from the state government and the rest Rs 5 lakh will come as a loan, refundable in 84 instalments. He also launched a portal on which youth and women from all sections can register themselves for availing of the loan from the government.

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Chief Minister of Bihar: Nitish Kumar; Governor: Phagu Chauhan.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.